Deals

SILVER SPRING, Md. — Regency Centers Corp. and a co-investment partner have acquired the 31,316-sq.-ft. Shoppes of Burnt Mills in Silver Spring, Md., just north of Washington, D.C., for $13.6 million. Regency’s share of the off-market acquisition was $1.7 million.

New York – The Great Atlantic and Pacific Tea Co. (A&P), which exited bankruptcy last year, is reportedly looking to sell itself. A report in the Wall Street Journal indicates that an internally distributed company memo from A&P chairman Gregory Mays to store managers states a sale of A&P is one of several options for funding growth, along with raising capital and refinancing.

New York -- The Dump Furniture Store plans to open a 134,000-sq.-ft. outlet in Lombard, Ill. and a 215,000-sq.-ft. warehouse in Addison, Ill. over the summer.

With 11 locations, the big-box retailer offers discounted famous-name furniture in stores open only on Friday, Saturday and Sunday.

New York — As part of a continuing effort to expand its retail platform, Jones Lang LaSalle has acquired Surge Retail International, a New York/Boston-based specialty retail tenant brokerage.

The price was undisclosed.

New York -- Berkowitz Development Group has inked a lease renewal with Sports Authority for 43,000-sq. ft. at Kendallgate Shopping Center in Miami.

As part of a nationwide effort, the retailer will redesign the store’s interior and incorporate updated exterior signage.

Dallas — Cypress Equities has acquired the Glendale Marketplace in Glendale, Calif. The 154,420-sq.-ft. open-air retail and entertainment center is adjacent to the Americana at Brand.

National retail brands represented in the center include HomeGoods, Old Navy, Starbucks, GNC and Outback Steakhouse.

SRS Real Estate Partners will represent Cypress in lease negotiations.

Alameda, Calif. — Later this summer, Five Guys Burgers and Fries will open a 1,781-sq.-ft. restaurant in Alameda South Shore Center, in Alameda, Calif., said Jamestown, a fund manager offering core and opportunistic property funds.

Cornish & Carey Commercial Newmark Knight Frank represented Jamestown in the transaction. SRSRE represented Five Guys.

Indianapolis — Kite Realty Group has leased a 31,541-sq.-ft. location in El Paso’s Sunland Towne Center.

Kite Realty and RJL Realty Advisors represented the landlord, KRG Sunland. Venture Commercial represented Sprout’s.