Deals

Mission Viejo, Calif. -- Watt Commercial Properties said it has completed a $6 million renovation of Alicia Towne Plaza in Mission Viejo, Calif.

The 19-month redevelopment project included converting an existing Mervyn’s building for L.A. Fitness and updating the façade treatment for the remainder of the 150,000-sq.-ft. property.

Detroit -- Marcus & Millichap Real Estate Investment Services said it has promoted Simon Jonna to the position of VP investments.

Jonna began his career with Marcus & Millichap in May 2005, specializing in the sale of retail properties. Most recently, he held the position of associate VP investments.
 

New York City -- Nordstrom announced Monday that its new Treasure&Bond concept will open in SoHo on Friday, according to a report by the New York Times. The boutique-style store, which represents a new market entry for Nordstrom, will be a fraction of the size of a typical Nordstrom department store and all profits will be donated to charity. Merchandise is funkier, but is not discount like its Nordstrom Rack sister. 

Kingwood, Texas -- Houston-based brokerage firm Baker Katz, an X Team International partner, said Thursday it has leased the former Hollywood Video at 2158 Northpark Drive in Kingwood, Texas, to First Choice Emergency Room.

First Choice Emergency Room plans to adapt the 6,000-sq.-ft. former Hollywood Video by adding a covered ambulance entrance, installing a back-up generator and reconfiguring the interior to accommodate for examination rooms, a waiting area, labs and other medical necessities.
 

Dallas -- SRS Real Estate Partners announced Thursday it has hired Lenny Eterno as a senior associate in the South Florida office.

Eterno will be focusing on the Miami Beach and downtown Miami trade areas.

Prior to joining SRS, Eterno worked for SRS’ affiliate, Cypress AutoGroup, LLC, where he completed transactions throughout the southeast.
 

Atlanta -- Jones Lang LaSalle announced it has been chosen for 13 new retail services assignments including property management, leasing and accounting services for a variety of owners throughout the United States.

During the first half of 2011, Jones Lang LaSalle has added 22 new retail assignments totaling more than 5.3 million sq. ft. of space.

New York City -- CB Richard Ellis Group, Inc. announced Tuesday that Matt Van Buren has been promoted to president, New York Tri-State Region.

Van Buren joined CBRE in January 2006. Previously, he served as executive managing director, with responsibility for CBRE's Midtown Manhattan brokerage division, as well as all activities relating to the firm's operations at its New York City headquarters at 200 Park Avenue.

Bloomfield Hills, Mich. -- Shopping center owner Taubman Centers reported Monday that its Taubman Asia division will acquire 90% controlling interest in TCBL Consulting Limited, a Beijing-based retail real estate consultancy with seven offices in mainland China.