Deals

Dallas -- X Team International partner Venture Commercial Real Estate has completed leases for two LA Fitness locations in Austin and McKinney, Texas.
 
"As LA Fitness continues to expand its footprint into North and Central Texas, our focus remains on identifying prime locations that will both meet the club's needs and generate increased foot traffic," said Venture Commercial Partner John Zikos.   
    

Chicago -- Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Gateway Square in Hinsdale (Chicago MSA), Illinois. The 39,710-sq.-ft. center was purchased for $10 million, excluding closing costs and adjustments, by Buffalo Grove, Illinois-based C P Management, LLC.
 

New York -- RKF has announced a number of promotions for senior brokerage professionals in its New York City headquarters office. The promotions come closely on the heels of RKF’s expansion of its New York headquarters space at 521 Fifth Avenue in midtown Manhattan.

Cincinnati -- The Streets of West Chester, a 167,638-sq.-ft. lifestyle center near Cincinnati, is kicking off the pre-development leasing and marketing for the second phase of its retail center with a 200,000-sq.-ft. planned expansion slated to open in spring 2016.

The Streets of West Chester expansion will join the opening of the new Bass Pro, beginning construction this summer, adjacent to The Streets, and will provide shoppers with new retail, restaurants and entertainment.

New York -- Winick Realty Group announced three new retail leases at 400 Broome Street, fronting Kenmare, Cleveland and Broome Streets in Manhattan’s Nolita neighborhood.

Aaron S. Fishbein and Darrell Rubens of Winick Realty Group represented landlord Coral Broome Street LLC as they repositioned and upgraded these ground-floor retail opportunities.

Kendall, Fla. -- Berkowitz Development Group announced the signing of a new long-term lease with Einstein Bagels for 2,466 sq. ft. at Kendallgate Shopping Center. The chain will take space within a freestanding retail building alongside AT&T in the Center’s plaza located at 12190 SW 88th Street in Miami.

Einstein Bagels has already begun construction at its new location and expects to open in late August.

Chicago -- RKF has announced three promotions for brokerage professionals in its Chicago office. Lara Keene has been promoted from senior director to managing director. Since joining RKF in May 2012, Keene has advised a variety of retailers including Allen Edmonds, Orange Leaf Frozen Yogurt, Forever 21 and Fig & Olive, and currently works with Bareburger, Piada, Alexis Bittar, IT’Sugar, L’Occitane en Provence, Rent the Runway and Sam Edelman. Most recently, she secured a 3,400-sq.-ft. flagship for Zadig & Voltaire and an 850-sq.-ft.

Los Angeles -- Kennedy Wilson has closed four retail and entertainment lease transactions in Hollywood, Santa Monica and Westchester. The collection of new leases carries an aggregate value of more than $3 million.

Lakewood, Colo. - Einstein Bagels has signed a lease for a 2,466-sq.-ft. store at Kendallgate Shopping Center in Miami. The retailer will take space within a freestanding retail building alongside AT&T in the Center’s plaza.

Einstein Bagels has already begun construction at its new location and expects to open in late August 2014. Berkowitz Realty Group served as the leasing representative on behalf of the ownership group, Kendallgate Center Associates, Ltd.

Sacramento, California — West Coast shopping center owner/operator Pacific Castle has acquired four Sacramento-area properties for approximately $40 million, signaling an ongoing trend to add to the company’s diversified portfolio.