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Deals

  • 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.

  • Men’s Wearhouse extends tender offer for Jos. A. Bank to April 23

    Fremont, Calif. -- In accordance with the terms of its merger agreement with Jos. A. Bank Clothiers Inc., The Men’s Wearhouse has extended its all-cash tender offer for $65 per share for all of the currently outstanding shares of common stock (including associated stock purchase rights) of Jos. A. Bank to April 23, unless further extended.  

  • Sold: Willow Pass shopping center in Concord, Calif.

    Walnut Creek, Calif. — John Cumbelich & Associates, a San Francisco Bay Area-based commercial real estate firm, has announced the sale of 1280 Willow Pass, a 73,167-sq.-ft. shopping center in Concord, Calif.

    X Team International partner, John Cumbelich & Associates, represented both the buyer and the seller in the transaction, which attracted multiple offers.

  • Stirling to develop Walgreens drug store in Metairie, La.

    Covington, La. — Stirling Properties has announced the development of a new full-service Walgreens drug store in Metairie, La., in the Barlon Plaza Shopping Center. The new store will be a ground-up relocation of an existing Walgreens currently within the center.

    At 14,000 sq. ft., the larger store will feature a drive thru window and full-service pharmacy.

  • Le Coq Rico restaurant enters U.S. market in Manhattan

    Montmartre, France — Le Coq Rico, a popular Montmartre, France, restaurant has signed into its first location in the United States on 20th Street between Park Avenue South and Broadway in Manhattan’s Flatiron District. The space includes 3,000 sq. ft. on the ground floor and 1,800 sq. ft. on the lower level.

    Winick realty Group represented landlord Walter Samuels in the long-term lease transaction. Newmark Grubb Knight Frank represented the restaurant.

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