Deals

Boston -- Boot and leather goods manufacturer Frye Co. will open its second U.S. retail location – on Newbury St. in a historic building in Boston’s Back Bay. It joins Frye’s only retail store in the Soho area of New York City.

The 11,000-sq.-ft., three-level flagship store is slated to open spring 2013. It will reflect a fresh vision of Frye’s heritage and commitment to craft, and house specially designed areas showcasing the brand’s product.

Beachwood, Ohio -- DDR Corp. announced Monday the acquisition of $328 million of prime assets and the disposition of $12 million of non-prime assets during the quarter.

Year to date, the company closed $2 billion of acquisitions, including the joint venture with Blackstone's flagship real estate fund, and disposed of $137 million of non-prime assets.

As of the third quarter, DDR said it has raised gross common equity capital of $435 million through the issuance of 31.7 million new common shares to fund investments and lower leverage.

Philadelphia -- Charter Realty & Development said that it has arranged for a 9,887-sq.-ft. lease for Planet Fitness in the Mayfair Shopping Center in Philadelphia.

The shopping center is anchored by, Shop N Bag, Dollar Tree and Wells Fargo.
 

Rome, Ga. -- Augusta, Ga.-based Hull Storey Gibson Companies announced its acquisition of Mount Berry Square Mall in Rome, Ga.

The 476,778-sq.-ft. mall is anchored by Belk, J.C. Penney and Sears.

Springfield, Mass. -- Charter Realty & Development Corp. said that it has arranged for a 2,500-sq.-ft. lease for McDonald’s located in the Springfield Plaza in Springfield, Mass.

Springfield Plaza is a 550,000-sq.-ft. center anchored by Kmart, Rocky's, TJ Maxx, Ocean State Job Lot, Savers, Stop & Shop and Entertainment Cinema. McDonald’s will be locating on a site formerly occupied by KFC. Construction is expected to start shortly, said Charter.

Dallas -- SRS Real Estate Partners said it represented Brentwood Specialty Center, LLC in the sale of The Streets of Brentwood to a partnership between New York City-based DRA Advisors and RED Development out of Kansas City.

Cedar Hill, Texas -- Indianapolis-based Kite Realty Group said that Five Guys Burgers & Fries has leased 2,500 sq. ft. at Plaza at Cedar Hill, located in Cedar Hill, Texas.

The 303,540-sq.-ft. power center is anchored by Marshalls, Home Goods, Hobby Lobby, Dress Barn, DSW, Ross, Office Max, Toys “R” Us / Babies “R” Us and Sprouts.

Lake Ronkonkoma, N.Y. -- Charter Realty & Development Corp. said that it has added three new tenants, totaling 11, 501 sq. ft., to the Lake Shore Plaza II Shopping Center, located in Lake Ronkonkoma, N.Y.

AutoZone has leased 7,184 sq. ft., Verizon leased 1,817 sq. ft., and Century 21 leased 2,500 sq. ft.

Bronx, N.Y. -- Simone Development Cos. announced that LA Fitness will open a 43,000-sq.-ft. facility at Metro Center Atrium, a new 370,000-sq.-ft. mixed-use project in the Pelham Bay section of the Bronx in New York.

The office, retail and hotel complex is the latest phase in Simone Development’s 42-acre, multi-building Hutchinson Metro Center campus.

LA Fitness’s new gym is slated to open November 2013, and will join a newly announced Residence Inn-branded hotel at Metro Center Atrium.

Dallas -- SRS Real Estate Partners said Ken Galvin as rejoined the firm, as senior VP in the Chicago office.

Galvin spent time with Staubach Retail (formally SRS Real Estate Partners) from 2000-2009.