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Deals

  • 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.

  • Susser Holdings opens two stores; expects 1.9% same-store sales growth

    Corpus Christi, Texas -- Susser Holdings opened two new Stripes convenience stores during the first quarter of fiscal 2014 and acquired 47 convenience stores at the end of January 2014 that are currently operating under the Sac-N-Pac brand. The company has acquired one additional convenience store to date in the second quarter, and currently has 17 under construction.

  • Sears Outlet Store names new owners

    Hoffman Estates, Ill. – Several Sears Outlet stores across the country have new owners. Locations in Oceanside, Ontario, and Corona, Calif., are now owned by Tony Lutfi. Lutfi and his team now own and operate 11 Sears Outlet stores, 17 Sears Home Appliance Showrooms and three Sears Appliance & Hardware Stores.

    In addition, Sears Outlet stores Tempe and Gilbert, Ariz. have a new owner, Keith Edquist. Edquist also owns another Sears Outlet store and seven Sears Home Appliance Showrooms.

     

  • Divaris signs Tex-Mex restaurant, Red Wing Shoes

    Richmond, Va. — Divaris Real Estate has announced the signing of two retail leases in the greater Richmond suburb of Midlothian.

    Tex-Mex restaurant Chuy’s has leased 7,449 sq. ft. in the Village at Swift Creek in Midlothian. The Richmond office of DRE represented the landlord, Swift Creek Associates. This will be Chuy’s second Richmond location. Chuy’s will join Guitar Center, Babies “R” Us, TGIF, Red Lobster and Cracker Barrel in the development.

  • Fresh Thyme will anchor Cress Creek in Naperville, Ill.

    Chicago — Fresh Thyme Famers Market has leased 25,000 sq. ft. at Cress Creek Square in Naperville, Ill., from Arthur Goldner & Associates. Office Max will vacate the space, and the grocer will open in 2015. CBRE represented Fresh Thyme in the transaction.

    The center also hosts Binny’s, Blast Fitness and Car Quest as well as several smaller lifestyle stores and restaurants.

  • SRS adds to its investment sales team

    Dallas SRS Real Estate Partners has signed John topping and Robert Drake to its Southeast Investment Sales Team.

  • Divaris announces leases across Hampton Roads

    Virginia Beach, Va. — Divaris Real Estate has announced four leases totaling 29,099 sq. ft. of retail space in the Hampton roads area of Virginia.

    PetSmart has taken 14,286 sq. ft. at Peninsula town Center in Hampton. As the chain’s exclusive representative in Virginia, the Richmond office of DRE represented PetSmart in the negotiations.

    Ulta has signed a lease for 10,500 sq. ft. in Crossways Shopping Center in Chesapeake. DRE’s Virginia Beach office represented the landlord, JLP-Chesapeake in the transaction.

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