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Deals

  • Divaris to lease, manage Marquis in Williamsburg, Va.

    Williamsburg, Va. -- Divaris Real Estate announced it has been appointed the exclusive leasing and management firm for The Marquis, located in Williamsburg, Va.

    The Marquis is a 750,000-sq.-ft., regional power center. At its completion, The Marquis will be the largest retail development in Williamsburg, featuring specialty retailers and restaurants and several big-box retailers including Target, Kohl’s, Dick’s Sporting Goods, Best Buy and J.C. Penney.

  • DLC, Hutensky acquire Walmart Plaza

    Derby, Conn. -- DLC Management Corp. and Hutensky Capital Partners have announced a joint-venture acquisition of Walmart Plaza, a 199,393-sq.-ft. shopping center in Derby, Conn.

    Anchored by Walmart, Adams Hometown Market and CVS, the center adds to DLC’s Connecticut holdings of nine shopping centers and 1.4 million sq. ft.
     

  • Winick relocates Blend restaurant

    New York -- Winick Realty Group said that Latin Fusion restaurant Blend has signed a lease for 4,284 sq. ft. in Long Island City.

    The restaurant is situated at the base of a newly constructed luxury rental building, part of a waterfront residential complex constructed by developer TF Cornerstone.

  • Sabre arranges 20,000 sq. ft. of retail leases

    Garden City, N.Y. -- Sabre Real Estate Group said it has arranged five retail leases on Long Island totaling almost 20,000 sq. ft.

    In Commack, N.Y., women’s apparel retailer Bolton’s leased 2,500 sq. ft. in the Mayfair Shopping Center for a store that is expected to open in June. Levin Management Corp., of Plainfield, N.J., owns the shopping center.

  • SRS Real Estate names senior associate

    Dallas -- SRS Real Estate Partners announced that it has named Dafna Nadulek as a senior associate in the company’s South Florida office.

    She will focus on developing SRS Urban and tenant representation.

    For a decade prior to joining SRS, Nadulek owned and operated her own shoe and accessory boutiques in New York City.

  • Passco arranges $25.8 million to refinance Silver City Plaza

    Las Vegas -- Irvine, Calif.-based Passco Cos., said it has negotiated a $25.8 million loan to refinance Silver City Plaza, a 41,583-sq.-ft. neighborhood shopping center in Las Vegas.

    The new loan was arranged with Cantor Commercial Real Estate, an affiliate of Cantor Fitzgerald, and was uniquely structured to accommodate a challenged market.

  • Jones Lang LaSalle: Measured recovery of global real estate markets to continue

    Chicago -- A recent report from Jones Lang LaSalle showed that the current state of real estate markets suggests a temporary deceleration in the on-going global real estate market recovery.

    According to JLL’s latest Global Market Perspective report, sentiment is, however, recovering and full-year 2012 commercial real estate volumes are expected to match the robust levels seen in 2011.

  • NRDC to receive New Jersey smart growth award

    Purchase, N.Y. -- National Realty & Development Corp. said it has been chosen to receive the New Jersey Future 2012 Smart Growth Award for the redevelopment of CooperTowne Center in Somerdale, N.J.

    The award recognizes the best development or redevelopment projects around the state that embrace sustainable growth and environmental preservation. CooperTowne Center was classified as a greyfields project, one of the first in the state, by the New Jersey Office of Smart Growth.

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