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Deals

  • TJMaxx to Brass Mill Commons in Waterbury, Conn.

    New York -- TJMaxx has signed a lease at the Brass Mill Commons in Waterbury, Conn., according to Charter Realty and Development, TJMaxx’s representative in the negotiations.

    The new TJ Maxx store will be 22,889 sq. ft. and the 26th deal that Charter has leased to TJX. TJMaxx is a division of TJX, which also owns Marshall’s and HomeGoods.

  • RadioShack inks deal in New Jersey shopping center

    North Plainfield, N.J. — RadioShack has leased 2,556 sq. ft. at the 175,515-sq.-ft Hamilton Plaza in Hamilton Township, N.J., according to Levin Management, the property’s managing and leasing agent. Metro Commercial Real Estate Inc. served as the tenant’s broker in the transaction.

  • Mama’s Hawaiian Bar-B-Cue to Cortaro Plaza

    Tucson, Ariz. — Mama’s Hawaiian Bar-B-Cue has signed a lease for a 2,000-sq.-ft. restaurant in Cortaro Plaza in Tucson, Ariz. The new location, the third for the young chain, is expected to open in mid-January 2014. The first two locations are near the University of Arizona and in Sahuarita, Ariz., a Tucson suburb.

    Commercial Retail Advisors represented both the landlord, Cortaro Investments and the tenant, Mama’s Family Restaurants in the lease transaction.

  • Texas Family Fitness inks Colony lease

    Dallas — Texas Family Fitness has leased space for a 21,367-sq.-ft. fitness center in The Colony, a Cypress Equities development that currently houses Aaron’s and Big Lots!. The fitness center plans to open in first quarter 2014.

    The new center will mark the seventh Dallas-Fort Worth location for Texas Family Fitness. Retail Realty represented both the fitness center and the landlord in the transaction.

     

  • Hand & Stone opens fourth Chicagoland spa

    Chicago — Hand & Stone Massage and Facial Spa has leased 3,200 sq. ft. at Heritage Plaza in Carol Stream, Ill. This is the fourth Hand & Stone location in the Chicagoland area as the company continues to expand in the region.

    Heritage Plaza is a 128,871-sq.-ft. shopping center anchored by Jewel Osco. CBRE www.cbre.com represented the management company, Inland American Retail Management LLC. Baum Realty Group represented Hand & Stone.

  • Asics to open in Chicago’s Bucktown area

    Chicago — Athletic shoe and apparel retailer ASICS has signed a 5,254-sq.-ft. lease in Chicago’s Bucktown area. According to RKF, who represented the landlord, 1630 Damen LLC c/o Jenel Management Corporation in negotiations for the long-term lease, this will be Asics’ first store in the Midwest and third in the United States when it opens early next year.  

    Blatteis & Schnur represented Windsor Financial Group, an independent licensee of AsicsAmerica in negotiations.

  • Little Caesars Pizza to Tucson’s Northgate Plaza

    Tucson, Ariz. — Little Caesar Enterprises has signed a 1,494-sq.-ft. lease in Northgate Plaza in Tucson, Ariz. Expected to open in the first quarter of 2014, it will be Little Caesars Pizza’s sixteenth store in Tucson.

    Commercial Retail Advisors represented the landlord, TNP SRT Portfolio I, and Retail Advisors Southwest represented Little Caesar Enterprises.

  • Sears conducting wide-ranging strategic view of business

    Sears Holdings is considering spinning off its Lands’ End and Sears Auto Center brands as part of a wide-ranging strategic review of its business. The company’s Sears Canada subsidiary has also sold five Canadian store leases to Cadillac Fairview Corporation Limited for about $383.4 million.

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