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Deals

  • Sutton announces new hire

    Syracuse, N.Y. -- Sutton Real Estate Co. announced that Larry J. Socia, has joined the company as retail director.

    Socia’s focus will be expanding the client representation business, seeking new business opportunities and overseeing existing retail real estate services.

    Socia was previously retail division director for the Cushman & Wakefield Strategic Alliance Partner in Upstate New York.
     

  • Marcus & Millichap announces promotion

    Philadelphia -- Marcus & Millichap Real Estate Investment Services said that it has promoted Mark E. Taylor to first VP investments.

    Most recently, Taylor held the title of VP investments. He specializes in the sale of retail shopping centers and net-leased property investment real estate.

  • New retail leases signed at Shops at Highland Village

    Highland Village, Texas -- Jacksonville, Fla.-based Regency Centers said it has leased retail space in Highland Village, Texas, to two new merchants at The Shops at Highland Village.

    Delta Dental Insurance Co. has leased 10,678 sq. ft. of office space, and children’s apparel retailer Addison June Baby Boutique has leased 2,419 sq. ft. 

  • TJ Maxx to open Wall Street store

    New York City -- Winick Realty Group said that TJ Maxx has leased its first Wall Street location, in the heart of New York City’s Financial District.

    The 32,000-sq.-ft. store, which spans two lower levels at 14 Wall Street on the corner of Broad Street, is slated to open in October.

  • Saks Off 5th to open at Village Square of Northbrook

    Northbrook, Ill. -- Oakbrook, Ill.-based Mid-America Asset Management said that Saks has signed a lease for 25,900 sq. ft. at Village Square of Northbrook in Northbrook, Ill., to open its third Saks Fifth Avenue Off 5th store in Chicagoland.

    The store, which will unveil a new design, is slated to open in November.

    Mid-America is the exclusive leasing representative for the 334,995-sq.-ft. shopping center located on Chicago’s North Shore.

  • Coreland Cos. names new hire

    Tustin, Calif. -- Coreland Cos. of Tustin, Calif., announced that Kim Talley has been named senior associate, retail brokerage.

    Talley was previously senior associate with CB Richard Ellis. She has completed transactions with TJ Maxx, Wells Fargo, TruValue Hardware, Starbucks and Citibank.

  • Jo-Ann Fabric and Crafts to open in former Borders space

    Wyomissing, Pa. -- Phoenix-based Cole Real Estate Investments said Monday that it has executed a lease with Jo-Ann Fabric and Craft Stores in Wyomissing, Pa., for approximately 25,000 sq. ft., backfilling a former Borders location.

    The in-line store is located adjacent to OfficeMax, Toys “R” Us and Old Navy.

  • BJ's shareholders OK acquisition by Leonard Green, CVC

    WESTBOROUGH, Mass. — At a special meeting held Friday, BJ's Wholesale Club stockholders approved the definitive agreement between the company and Leonard Green & Partners and CVC Capital Partners to be acquired in an all-cash transaction valued at about $2.8 billion.

    BJ's anticipates the closing of the transaction, which was announced in late June, will occur around the end of the month.

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