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Deals

  • Sabre Real Estate names exec

    Garden City, N.Y. -- Sabre Real Estate Group said that Scott Sher has been named senior VP of the retail real estate brokerage firm.

    Formerly director of real estate-northeastern region at Katz & Associates Corp., of Pearl River, Sher specializes in tenant and landlord representation in the New Jersey, Manhattan, Outer Boroughs, Westchester and Long Island markets.
     

  • T.J. Maxx to open at Ridge Hill

    Yonkers, N.Y. -- Aries Deitch & Endelson said that a lease was recently signed by TJX Cos. for a 32,000-sq.-ft. T.J. Maxx store slated to open this spring at Westchester County’s Ridge Hill, the New York metropolitan area’s largest mixed-use outdoor shopping center. 

    Located in Yonkers, the lifestyle center, which is owned by Forest City Ratner Cos., spans more than 81.4 acres and includes 1.3 million sq. ft.

  • SRS Real Estate names exec

    Dallas -- SRS Real Estate Partners announced the hiring of Scott Landgraf as senior VP in the company’s Newport Beach, Calif., office.

    Prior to joining SRS, Landgraf was senior VP at Colliers International.

    Landgraf specializes in retail tenant representation and investment sales throughout southern California and the Inland Empire.
     

  • Morton's steakhouse chain acquired by restaurant veteran

    New York City -- A Friday report by Reuters said that restaurant veteran Tilman Fertitta has added to his restaurant holdings by reaching a $117 million deal for Morton's Restaurant Group Inc., which operates high-end steakhouses nationwide.

    Fertitta, who expanded his stake from in Morton’s from the 5% he already held, has outlined plans to modernize the struggling chain.

    This latest deal marks Fertitta’s second acquisition in two months, as in November he acquired seafood chain McCormick & Schmick's.

  • Three New Leases signed at Granada Village

    Granada Hills, Calif. -- Jacksonville, Fla.-based Regency Centers said that it has leased 7,083 sq. ft. of retail space in Granada Hills, Calif., among three new tenants at Granada Village.

    Carter’s leased 3,866 sq. ft., and hair salon Fantastic Sams leased 1,217 sq. ft.  Both are slated to open for business in March 2012. Opening in second quarter 2012, Freebirds World Burrito has leased 2,000 sq. ft. of restaurant space.

  • Rue21 opens new locations in Paris, Texas and Chickasha, Okla.

    Dallas -- Venture Commercial Real Estate said it has represented rue21 in lease negotiations for two new store locations that opened in November in Paris, Texas and Chickasha, Okla.

    The Paris store is in a 7,162-sq.-ft. space in Paris Towne Center, and the Chickasha store is located in the Southland Shopping Center.
     

  • Sleep Outfitters to open at Red Bank Commons

    Indianapolis -- Kite Realty Group said that Sleep Outfitters has leased 4,000 sq. ft. at Red Bank Commons, located in Evansville, Ind.

    Sleep Outfitters joins Fashion Bug and Hibbett Sports in the 34,258-sq.-ft. shopping center.

  • Biggby Coffee opens at Eddy Street Commons at Notre Dame

    South Bend, Ind. -- Indianapolis-based Kite Realty Group said that Biggby Coffee has leased space at Eddy Street Commons at Notre Dame, located South Bend, Ind.

    The coffee retailer leased 1,501 sq. ft. for its first Indiana location and will open spring 2012.

    Eddy Street Commons is a mixed-use development located adjacent to the University of Notre Dame campus and featuring 90,000 sq. ft. of retail space, 266 apartments, 49 condos, 20 courtyard townhomes, 60 flats, 62 city homes and 82,000 sq. ft. of office space.
     

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