Deals

Houston -- Wulfe & Co., managing partner of Blvd Place, said that construction has started on Phase II of the mixed-use development located in The Uptown District of Houston.

Blvd Place will contain retail, office and residential components in an urban environment. This phase of the project is 60% pre-leased and will contain approximately 211,000 sq. ft. of upscale retail, restaurant and office space. The retail space will be anchored by a 48,500-sq.-ft. Whole Foods Market.

Shrewsbury, Mass. -- Charter Realty & Development said it has arranged six leases, totaling 33,191 sq. ft., in the White City Shopping Center located in Shrewsbury, Mass.

Planet Fitness will open a 19,079-sq.-ft. facility, Elements Massage will open a 3,520-sq.-ft. unit, which was co-brokered with Blake Commercial, and Two Ovens will open a 3,532-sq.-ft. restaurant, which was co-brokered with Gallivan & Co.

Honolulu -- Jones Lang LaSalle announced that it has been awarded the leasing and management of Hawaii Kai Towne Center, a 480,000-sq.-ft. mixed-use center located in Honolulu.

Jones Lang LaSalle's retail portfolio in Hawaii also includes Windward Mall on O’ahu, Queen Ka’ahumanu Center on Maui and the Kings’ Shops on Hawai‘i Island.

South Plainfield, N.J. -- Charter Realty said it has been selected to lease Oak Park Commons located in South Plainfield, N.J.
 
The single-story, 136,939-sq.-ft. community shopping center is anchored by A&P Supermarket in 60,025 sq. ft. and includes a mix of national, regional and local tenants.
 
Oak Park Commons is currently 76% occupied with 33,508 sq. ft. of available space.
 

Chestnut Hill, Mass. -- WS Capital Partners, the institutional investment arm of WS Development, announced that it has completed the acquisition of Hilldale Shopping Center, a 474,000-sq.-ft. retail center located in Madison, Wis.

Anchored by Macy’s, Metcalfe’s Market, Sundance Cinemas and Target, Hilldale Shopping Center serves the entire Madison metropolitan area, including the nearby University of Wisconsin-Madison.

Oak Brook, Ill. -- Inland Diversified Real Estate Trust announced it has raised over $1.1 billion of investor capital, which will be used to continue the company’s acquisitions of a diversified portfolio of commercial real estate properties.

“We believe that we have built an outstanding portfolio of stable, performing commercial real estate assets with very high occupancy, generating sustainable distributions for our investors,” said Barry Lazarus, president and COO of Inland Diversified.

Westport, Conn. -- Charter Realty & Development said that it has arranged a 4,800-sq.-ft. lease for Panera Bread located in the Westport Plaza in Westport, Conn.  

The shopping center is anchored by Home Goods, Walgreens and Pet Supplies Plus. The deal was co-broked by RHYS commercial of Stamford.

In order to make room for Panera, Stride Rite and a nail salon will be relocated.
 

Dallas -- SRS Real Estate Partners has been selected to represent Shopko in the disposition of its outlot properties and vacant properties in 19 states across the Midwest and western United States.

The outlots range in size from 14,000 sq. ft. to 219,000 sq. ft., and the vacant properties range in size from 18,700-sq.-ft. retail locations to a 214,000-sq.-ft. industrial property.

New York -- Prudential Douglas Elliman's Retail Group said it has arranged a long-term lease for LUMAS Galleries at 1100 Madison Avenue, between 82nd and 83rd Streets.

The German-based art dealer’s only current U.S. location is on West Broadway in SoHo.

LUMAS Galleries is moving into the former City Market Café space, which is surrounded by neighboring businesses such as Jonathan Adler, Peter Elliot, Lululemon, Coach, Alexis Bittar, Theory and Tumi.

Santa Monica, Calif. -- SPL Realty Partners, exclusively representing Australian women’s activewear retailer Lorna Jane, announced 11 leases have been secured for Lorna Jane’s expansion into the United States.

The retail sites are located throughout the Southern California region including stores in Santa Monica, Woodland Hills, Glendale, Irvine and Huntington Beach.

A warehouse was also secured for the support of the network of retail stores and online fulfillment in Santa Monica, Calif.