Deals

Orlando, Fla. -- Cuhaci & Peterson Architects said Tuesday it has been awarded contracts to design three Ale House restaurants — in Winter Park, Fla., Queens, N.Y., and the Philadelphia area.

The restaurants average 10,000 sq. ft. each.
 

Prattville, Ala. -- Brentwood, Tenn.-based GBT Realty said that it is bringing Starbucks Coffee, Aspen Dental and Firehouse Subs to Cobbs Ford Village, a new, in-line shopping center located in Prattville, Ala., in the Montgomery MSA. 


Cobbs Ford Village is approximately 2.52 acres and will house several additional tenants that are now in the beginning stages of signing leases. Groundbreaking for the center will be this April, with an estimated opening date of spring 2014.

Dallas/Fort Worth -- Venture Commercial said it has represented tenants Sola Salon Studios and Guitar Center in the completion of two D-FW leases, totaling 22,400 sq. ft. of space.

Sola Salon Studios has opened a new 10,237-sq.-ft. studio in the Marketplace at Highland Village shopping center, the chain’s fifth location in Texas.

Guitar Center leased 12,163 sq. ft. at Town East Crossing in Mesquite, Texas.

Philadelphia -- Metro Commercial announced that Allen Edmonds has opened a flagship shoe store in Philadelphia, located at the corner of 18th & Chestnut Streets.

The 1,900-sq.-ft. store opened in February.

Metro Commercial negotiated the lease on behalf of the landlord Midwood Investment & Development.    

Seattle -- Nordstrom announced two new locations for Nordstrom Rack, with stores planned for Chicago and Jacksonville, Fla.

In Jacksonville, Nordstrom Rack will open in The Markets at Town Center in Jacksonville, Fla. The approximately 35,000-sq.-ft. store is scheduled to open in fall 2013.

The announcement follows recently announced plans to open a Nordstrom full-line store at St. Johns Town Center in fall 2014. Nordstrom currently operates nine full-line stores and eight Rack stores throughout Florida.

Boston -- Boston-based The Wilder Cos. announced Wednesday that PetSmart will grand-open its new store on March 9 at Wilder’s Rochester Crossing, N.H., shopping center.

The opening of the 12,000-sq.-ft. store will bring the shopping center to 100% occupancy.

Rochester Crossing, at 304,500 sq. ft., also feature Kohl’s, Lowe’s, Jo-Ann Fabric and Craft, GameStop, Tropical Smoothie and Buffalo Wild Wings.

Virginia Beach, Va. -- Divaris Real Estate announced Wednesday that six new stores totaling 57,434 sq. ft. will open at the company’s Pembroke Mall property, located in Virginia Beach, Va.

Indianapolis -- Kite Realty Group said that Buffalo Wild Wings will open on a 0.92 acre outparcel at Glendale Town Center, located in Indianapolis.

In other Kite Realty news, Maurices has leased 4,751 sq. ft. at Red Bank Commons, located in Evansville, Ind., and Hair Studio Artists leased 1,241 sq. ft. at Delray Marketplace, in Delray Beach, Fla.  

Philadelphia -- Jones Lang LaSalle announced Wednesday that it has closed the sale of Red Lion Plaza for Onyx Equities and Invesco Real Estate. A private buyer purchased the 229,204-sq.-ft. retail shopping center that is located in northeast Phildelphia, is 95% occupied, and anchored by Best Buy, Staples, American Signature and Planet Fitness.

Costa Mesa, Calif. -- Donahue Schriber announced that its major investors New York State Teachers’ Retirement System and J.P. Morgan Strategic Property Fund have approved an additional $100 million common equity investment for growth capital.   

The money will be utilized to help fund the company’s strategic growth plans over the next three to five years, according to chairman and CEO Patrick S. Donahue.