Deals

It’s onto the next step for Safeway and Albertsons. No additional bidders emerged during Safeway’s 21-day “go shop” period following Albertsons’ announcement of its intention to acquire the company.

Under the definitive merger agreement, Safeway and its representatives were permitted to solicit and engage in negotiations with respect to alternative acquisition proposals during the 21-day period that ended March 27.

Pleasanton, Calif. – Safeway Inc. on Friday said that no other bidders have emerged during the 21-day “go-shop” period following the announcement of its agreement to be acquired by AB Acquisition, the parent of Albertsons.

Under the definitive merger agreement, Safeway and its representatives were permitted to solicit and engage in negotiations with respect to alternative acquisition proposals during the 21-day period that ended on March 27 (the "go-shop" period).

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Oceanside, Calif. — Doerken Properties Inc. has acquired Flags on Mission Shopping Center in Oceanside, Calif., for $12.6 million. El Super grocery and dd’s Discounts anchor the 107,600-sq.-ft. property.

The Carlsbad, Calif., office of Lee & Associates brokered the transaction representing both the buyer and the seller, Mission Avenue Investors.

Virginia Beach, Va. — Divaris Real Estate has announced the signing of two new leases for a combined 7,700 sq. ft. and one lease renewal for 3,612 sq. ft. in the greater Richmond area.

Sherwin Williams signed a new lease for 6,000 sq. ft. of retail space in the Town Hall Shopping Center in Colonial Heights, Va. DRE’s Richmond office represented the tenant in the transaction.

Los Angeles — Caruso Affiliated has appointed Judy Johnson to the newly created post of chief marketing and communications officer. In her new role, Johnson will support the company’s expanding portfolio of projects throughout California and oversee marketing, public relations, strategic alliances and entertainment initiatives.

Tampa, Fla. — Global Realty and Management has appointed RMC Property Group the exclusive leasing agent for its Shoppes at Glen Lakes, a 66,600-sq.-ft. retail shopping center located on U.S. 19 in Weeki Wachee, Fla.

New York -- Robert Graham has signed a new lease agreement to open a branded retail store featuring the full Robert Graham collection in NorthPark Center in Dallas. The store will carry the complete range of Robert Graham, including men's sportswear, premium denim, furnishings, accessories, outerwear, newly launched footwear collection and women's sportswear.

NorthPark Center features a unique backdrop of art, architecture and landscaping for the enjoyment of its discerning customers. The Robert Graham store will open in late Spring 2014.