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Deals

  • Aveda Salon headed to Sierra Vista

    Sierra Vista, Ariz. — The Realm Salon, an approved Aveda Salon, is opening a new 1,500-sq.-ft. full-service salon in Indian Hills Plaza in Sierra Vista, Ariz. The new salon plans to open by June 1.

    First West Properties Corporation represented the tenant in the transaction. Commercial Retail Advisors represented the landlord, Indian Hills Investors.

     

  • Inland’s IREIT acquires Texas and Florida centers

    Oak Brook, Ill. — Inland Real Estate Income Trust has acquired two shopping centers in Texas, and Florida, in separate transactions: Mansfield Pointe Shopping Center in Mansfield, Texas, and North Hills Square Shopping Center in Coral Springs, Fla.

    IREIT acquired the 148,529-sq.-ft. Mansfield Pointe for $28.4 million and the 63,829-sq.-ft. North Hills Square Shopping Center for $11.05 million.

  • Brunelli promotes Nick Deluca to sales associate

    Old Bridge, N.J. — Retail leasing specialists R.J. Brunelli & Co. has announced the promotion of Nick DeLuca to sales associate.

  • Mid-America brokers sale of Milwaukee MSA center

    Milwaukee — Mid-America Real Estate Corporation’s investment sales team has brokered the final sales phase of The Shoppes of Nagawaukee in Delafield, Wis. This was the third transaction consummated on behalf of the seller, Told Development, for this shopping center since 2012.

  • Realty Resources announces new members

    Virginia Beach, Va. — Realty Resources has announced that several firms have joined the nationwide alliance of commercial real estate brokerage firms.

  • Buy Rite Liquor to Capitol Plaza in Ewing, N.J.

    Ewing, N.J. — Giant Wine & Liquor, doing business as Buy Rite Liquor, has leased 6,000 sq. ft. at the 360,000-sq.-ft. Capitol Plaza in Ewing, N.J. Levin Management, the exclusive leasing and managing agent for the center negotiated the long-term lease.

  • CBRE completes sale Frisco, Texas shopping center

    Dallas — Shayan Holdings has purchased the 29,200-sq.-ft. Lebanon Ohio Center, an unanchored strip retail complex, in Frisco, Texas. The seller was LandPlan Development Corporation. The price was not disclosed.

    The center is currently 90% occupied. Tenants include CrossFit Remedy and Arts and Technology Institute. CBRE’s Dallas office represented the seller in the transaction and conducted the financial analysis.

  • Peter Millar is coming to Madison Avenue in NYC

    New York — Faith Hope Consolo, chairman, and Joseph Aquino, executive VP, of Douglas Elliman’s Retail Group have arranged a first New York flagship for luxury apparel and accessories brand Peter Millar on Madison Avenue, between 54th and 55th Streets.

    "This label is a perfect fit for the Madison and Worth Avenues of the world," said Consolo.

    Consolo and Aquino represented the landlord, E PLUS E LLC, and Hanley Advisors represented the tenant.

     

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