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Deals

  • Report: Leonard Green set to make bid for BJ’s

    New York City -- Leonard Green & Partners is expected to make an opening-round offer on Wednesday for BJ’s Wholesale Club, the New York Post reported, citing unidentified people familiar with the matter.

    Bidders picked for the second round will probably be asked to make binding offers by the end of May, the newspaper said.

  • Walmart to anchor power center on 13.5 acres on Chicago’s South Side

    Chicago -- Jones Lang LaSalle said Monday that, on behalf of Monroe Investment Partners LLC, it has closed the sale of a 13.5-acre parcel on Chicago’s South Side to Walmart, which purchased the shovel-ready pad in the Chatham Market shopping center to build a 155,000-sq.-ft. supercenter.

    This will be the first of six new full-scale stores Walmart has announced it plans to build in the City of Chicago.

  • NY Bagel Café & Deli to open at Shoppes of Kildaire

    Cary, N.C. -- Jacksonville, Fla.-based Regency Centers said it has leased 1,626 sq. ft. of restaurant space NY Bagel Café & Deli, which is opening its new store at Shoppes of Kildaire, located in Cary, N.C.

    NY Bagel is slated to open this summer, and its addition brings the shopping center to 97% leased.

    The 147,651-sq.-ft. Shoppes at Kildaire is anchored by Gold’s Gym and Home Comfort Furniture alongside national retailers such as Trader Joe’s, Staples, Massage Envy and Subway.

  • Famous Footwear opens at North Haven Pavilion

    North Haven County, Conn. -- Purchase, N.Y.-based National Realty & Development Corp. announced that Famous Footwear opened at North Haven Pavilion, located in North Haven, Conn., on March 9.

    Target, Sports Authority and Michaels anchor the 274,000-sq.-ft. center.
     

  • Evergreen Devco selects Grubb & Ellis to lease retail portfolio

    Phoenix -- Grubb & Ellis Co. said that Evergreen Devco has selected Bill Finch, VP, and Alex Gonzalez, senior associate, both of the company’s Retail Group, as the leasing agents of Goodyear Centerpointe, Villago Marketplace, Anthem Marketplace at Merrill Ranch and Sonoran Desert Village.

    The properties offer a total of 596,000 sq. ft. of space in the Phoenix metro area.

  • Newmark Knight Frank to market Crossroads Square

    Jacksonville, Fla. -- Atlanta-based Newmark Knight Frank Capital Group said it has been retained as exclusive marketing agent for Crossroads Square, a 174,153-sq.-ft. neighborhood retail center in Jacksonville, Fla.

    Anchor tenants at Crossroads Square include Floor & Décor, Office Depot, Harbor Freight Tools and Dollar General.

  • Costco to anchor Frisco Trails Shopping Center

    Frisco, Texas -- The Commercial Retail Division of The Weitzman Group announced that Costco Wholesale Corp. will open a 148,000-sq.-ft. anchor store at Frisco Trails Shopping Center, located in Frisco, Texas.

    Frisco Trails Shopping Center is being developed by Cencor Realty Services. The center currently features a Home Depot shadow anchor, and includes space for an additional anchor, as well as six available pad sites for freestanding retail and restaurant uses. Costco will also develop a fuel center on a pad site at Frisco Trails.

  • La Colombe Torrefaction to open third Manhattan location

    New York City -- Robert K. Futterman & Associates said that it has arranged a 1,500-sq.-ft. lease with La Colombe Torrefaction at 400 Lafayette Street, located in NoHo.

    Scheduled to open in the summer, this will be the third New York City location for the coffee house.   
     

  • Dick’s to open at Lisbon Landing

    Lisbon, Conn. -- WS Development announced that Dick's Sporting Goods has signed on at Lisbon Landing, located in Lisbon, Conn. Dick's will occupy an approximately 40,000-sq.-ft. space, which will be located next to O'neil Cinemas' Lisbon Landing Cinema 12.

    At 560,000 sq. ft., Lisbon Landing is anchored by The Home Depot, Kohl's and Walmart Supercenter.

  • O’Connor Capital and Real Vest close on two shopping center deals

    Boston -- O'Connor/Real Vest Retail Holding Co., LLC, a partnership formed by O'Connor Capital Partners and Wafra Investment Advisory Group, have teamed with The Wilder Cos. to complete transactions that include the purchase of Milford Marketplace in Milford, Conn., and the acquisition of the ownership interest in Phase I of Settlers Ridge in Pittsburgh.

    The centers were developed and managed by Chattanooga, Tenn.-based CBL Properties.
     

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