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Deals

  • 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.
     

  • Morton Williams Gourmet Store to open in Manhattan

    New York City -- The Feil Organization announced a lease has been signed with Morton Williams for a gourmet specialty food store at 140 West 57th Street in Manhattan.

    Morton Williams will occupy three levels totaling 14,984 sq. ft. at the Landmark office building. The New York-based grocer operates 12 stores in New York City, Westchester and New Jersey. The 57th Street location will be the company's thirteenth store.

  • Illinois lawmakers reach deal to keep Sears HQ in state

    Chicago -- Illinois House leaders have agreed to pass tax breaks in order to keep Sears Holdings Corp. from abandoning its Hoffman Estates, Ill., headquarters in search of a new out-of-state home, according to Reuters.

    The deal is also designed to keep Ill.-based securities and commodities trading company CME Group in-state as well.

    The House had previously shot down the tax package. 

  • PacSun loss widens in Q3 loss; to close up to 200 stores

    Anaheim, Calif. -- Pacific Sunwear of California Inc. reported Wednesday that losses widened in the third quarter to $17.6 million, from $7.1 million a year earlier. The decline was due in large part to charges associated with store closures.

  • New York ICSC show delivers positive attitude, movement

    New York City -- By all reports, the ICSC New York deal-making conference, held Dec. 5 and 6 in New York City, delivered what the retail and shopping center industries were waiting for: A sense of forward progress.

    Chain Store Age heard mostly positive comments from the show, such as “I haven’t seen this much deal action since 2006,” from one happy retail broker in the aisles of the New York Hilton meeting space. Mall developers unveiled redevelopment plans, and social media innovations and rollouts were the theme of the conference.

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