Deals

Chicago – Retail experts from professional services and investment management firm JLL are managing two new shopping centers. JLL has been retained by Ashkenazy Acquisition Corp. to manage Beverly Connection, a 348,285-sq.-ft. shopping mall in Los Angeles, and also been retained by 759 Ventures LLC to manage the 58,280-sq.-ft. 2424 North Davidson Street center in Charlotte, North Carolina.

Fort Worth, Texas - David E. Pratt has joined Trademark Property Co. as VP mall and lifestyle leasing. Pratt brings 27 years of retail leasing experience to Trademark, where he will be responsible for leasing of the company’s lifestyle centers and malls.

Los Angeles – Global real estate investment and services firm Kennedy Wilson has closed four retail and entertainment lease transactions in Hollywood, Santa Monica and Westchester. This collection of new leases, which carry an aggregate value of more than $3 million, points to an uptick in the Los Angeles retail market.

Savannah, Ga. - Bill Bishop has been named VP of real estate and development of convenience store chain Parker’s, a new position for the company. He will work with president and CEO Greg Parker on the company’s strategic real estate negotiations and acquisitions, citing research and permitting coordination with local officials.

Norwalk, Conn. - The Priceline Group Inc. has successfully completed its previously announced tender offer to purchase all outstanding shares of common stock of OpenTable Inc. for $103 per share in cash. The all-cash transaction is valued at $2.6 billion.

River Forest, Ill. — Richard Spinell, principal of Mid-America Asset Management Inc., announced that the firm recently secured three leases at River Forest Town Center in River Forest, Illinois, a western suburb of Chicago.

Massage Envy, Accelerated Rehabilitation, and Native Foods signed leases at River Forest Town Center. Massage Envy signed on for 3,946 sq. ft. and Accelerated Rehabilitation signed for 3,077 sq. ft. Both tenants are taking half of the former Talbot’s space.

Oak Brook, Ill. — Inland Real Estate Income Trust announced the acquisition of the 86,800-sq-ft. Pick ‘n Save Shopping Center in West Bend, Wisconsin. Lou Quilici, senior VP of IREIT Business Manager & Advisor, Inc., assisted Matthew Tice, VP of Inland Real Estate Acquisitions in the purchase of the property.

Sears Outlet Stores, a subsidiary of Sears Hometown and Outlet Stores, has leased the former Sears location on E Front Street, expanding Outlet Store operations and services, while offering an economic boost with mass job creation.