Deals

Phoenix -- Cole Real Estate Investments announced it executed leases totaling 1,658,000 sq. ft. at Cole-related properties throughout 2012.  

The transactions included 390,000 sq. ft. of new leases and 1,268,000 sq. ft. of lease renewals, bringing Cole’s multi-tenant retail property occupancy rate to 97.7%.

Carson, Calif. -- A Friday report by the Associated Press said that the home of Los Angeles’ professional soccer team will likely be getting a new name.

The Home Depot Center, which also includes facilities for tennis, track and field, baseball, basketball and other sports, as well as serves as an official training site for U.S. Olympians, is nearing the end of the $70 million, 10-year naming rights period, and Home Depot spokeswoman Jean Niemi told AP that the retailer does not plan to renew the deal.

Valrico, Fla. -- Indianapolis-based Kite Realty Group said Wednesday that The Fresh Market has leased 18,091 sq. ft. at Lithia Crossing, located in Valrico, Fla.
 
The grocer will also open a store at Shops at Eagle Creek, in Naples, Fla. The new store will comprise 23,935 sq. ft.

Arlington, Texas -- Transwestern announced Tuesday that it has negotiated a new 9,994-sq.-ft. lease for Office Depot at Lincoln Square Shopping Center, located in Arlington, Texas.

The office supply retailer will open its smaller-footprint store – a 10,000-sq.-ft. prototype, downsized from the standard 20,000-sq.-ft. format.

Lincoln Square Shopping Center is a lifestyle shopping and dining center in North Arlington’s Entertainment District.

New York -- Winick Realty Group said Tuesday that art gallery Garis & Hahn has leased its first location at 263 Bowery, on the Lower East Side of Manhattan.

The storefront, located between Stanton and East Houston Streets, consists of 1,789 sq. ft. on the ground floor and 633 sq. ft. in the lower level.

Jacksonville, Fla. -- Regency Centers said Wednesday it has appointed Joanna Rotonde to lead the company’s acquisitions and dispositions activities in the northeastern U.S.

Rotonde will focus on the expansion markets of Boston, Philadelphia and metro New York, and is charged with identifying, evaluating and structuring profitable property acquisition and disposition opportunities within Connecticut, Massachusetts, New Jersey, New York and Pennsylvania.  

Rotonde previously served as assistant VP for Urstadt Biddle Properties.

London -- Three cities in Germany are ranked the top five European markets for commercial real estate investment, according to a report by the Urban Land Institute (ULI) and PricewaterhouseCoopers (PwC).

Munich took the top spot in the report, “Emerging Trends in Real Estate Europe 2013,” followed by Berlin, London, Istanbul and Hamburg. The ranking of 27 cities across Europe was based on respondents’ expectations for market performance in 2013.

New York -- Douglas Elliman Real Estate's Retail Group said it has arranged for luxury sportswear brand Le Civette to anchor its first U.S. store at 1242 Madison Avenue, between 89th and 90th Streets.  

The Italian-based retailer will locate its new store in the last available space along the block-front; neighbors include Jacadi, Mariana Antinori and Caramel Baby.