Deals

New York -- A report by Wall Street Journal revealed that private equity investor Tower Three Partners will sell its final 3.9 million shares in Restoration Hardware Holdings, marking an exit for the buyout firms that acquired the home furnishings retailer in 2008.

Restoration Hardware’s private-equity backers have been cashing out amid a 90% rally in the stock this year, according to the report.

New York – Jos. A. Bank Clothiers has put in an offer to acquire Men’s Wearhouse for about $2.3 billion in a $48 per share all-cash offer, Reuters reported.

The acquisition would create a men’s apparel powerhouse with over 1,700 stores across the nation. Jos. A. Bank said Men’s Wearhouse was reviewing the proposal, according to the report.

Jos. A. Bank is partnering with Golden Gate Capital on the offer. The investment firm would make a $250 million equity investment in the company.

The Bon-Ton Stores has signed a lease with Rouse Properties for a new Herberger’s store at Cache Valley Mall in Logan, Utah — its first in the state. 

The company expects to begin remodeling the 62,000-sq.-ft. facility in early spring 2014 and to be completed in the second half of 2014.

Dallas — Jones Lang LaSalle Retail will lease seven shopping centers in the Dallas region for American Retail Management LLC and Inland Diversified. The properties total more than one million sq. ft. and are nearly 95% occupied. The assignments include:

Milwaukee — Northwestern Mutual, Prudential Mortgage Capital Company and TIAA-CREF have announced that each has provided $283.3 million for a total of $850 million to refinance Tysons Corner Center, the 1.9-million sq.-ft. super regional mall in Tysons Corner, Va., owned by the Macerich Company.

Springfield, Mass. — Charter Realty has announced four leases totaling 59,030 sq. ft. in the Springfield Plaza Center in Springfield, Mass.

Planet Fitness will move into a 20,000-sq.-ft. facility currently under construction. Aaron’s Rentals has renewed its lease for 8,030 sq. ft. Rocky’s Ace Hardware has also renewed on 25,500 sq. ft. Finally, the 99 Restaurant has renewed a 5,500-sq.-ft. space.

K-Mart, Super Stop and Shop and TJMAXX anchor the 550,000-sq.-ft. Springfield Plaza Center.

Cincinnati — Phillips Edison & Co. has announced that D.J. Belock has joined the company as senior VP of finance. He will take responsibility for all financial and internal control activities, including planning and reporting, fundraising, investor relations, accounting and risk management.

New York — RKF has formed an affiliation with CWM Retail Property Advisors, LLP, a U.K.-based retail consulting firm.

Under the agreement, RKF has acquired CWM’s New York City office, whose current staff will join RKF. In addition, CWM and RKF have each committed to an exclusive relationship involving shared business referrals within the U.S. and the U.K.

Fort Worth, Texas — Epiphany Boutique will open a 1,463-sq.-ft. store at West 7th, a mixed-use development at the intersection of West Seventh Street and University Drive in Fort Worth, according to Cypress Equities, the developers of West 7th.

The store is slated to open in early October. Centennial Retail Services represented the landlord. Epiphany Boutique represented itself.

Houston — Jones Lang LaSalle’s Capital Markets group has closed the sale of Montgomery Plaza on behalf of Weingarten Realty Investors. American National Insurance Company purchased the 304,867-sq.-ft. shopping center, located in Conroe, Texas.

Montgomery Plaza retailers include Academy Sports & Outdoors, Big Lots, Conn’s Appliances, 99 Cents Only and Petco. In addition to the inline space, there are two multi-tenant pads and two single-tenant pads.