Deals

New York City -- Borders Group has reached agreements with its landlords to extend the leases on 11 stores it had previously asked a bankruptucy court to shutter, the Associated Press reported.

Last week, the chain asked permission to start liquidating 51 stores because of a condition for its financing. But it said at the time it was actively working to keep them open.

Sam’s is enjoying some solid momentum these days, but a potential buyout of BJ’s Wholesale Club announced Friday morning could create some competitive issues in market where the companies operations overlap.

Of course, that assumes the private equity firms Leonard Green & Partners and CVC Capital Partners, the companies who have joined forces to take BJ’s private, are interested in growing the business and investing in operations as opposed to simply squeezing the 190 unit retailer for cash.

New York City -- Leonard Green & Partners and CVC Capital Partners said Friday they are making a joint buyout bid worth an undisclosed amount for BJ's Wholesale Club. The two private equity firms revealed their plans in a Securities and Exchange Commission filing on Friday. The bid price was not disclosed.

In February, BJ's announced it was exploring a sale. In March, Leonard Green is already the chain's larger shareholder, with a 9.3% stake.

Magnolia, Texas -- Jacksonville, Fla.- based Regency Centers said it has leased restaurant space in Magnolia, Texas, at Westwood Village to Five Guys Burgers and Fries.

Five Guys leased 3,127 sq. ft., bringing the center to 97% leased. The restaurant is now open for business.

Westwood Village is a 310,000-sq.-ft. community center anchored by Target, Ross Dress For Less, and T.J. Maxx.

Houston -- Grubb & Ellis Co. said Wednesday that it represented Gulf Coast Commercial Group in the sale of Westheimer Crossing Shopping Center, a 94,053-sq.-ft. retail center in Houston.

Delta Troy Interests Ltd. purchased the property for an undisclosed price.  The property was approximately 90% occupied at the time of sale to multiple tenants, including DSW, REI and Michaels Stores.

Elyria, Ohio -- Centro Properties Group announced that a 21,936-sq.-ft. lease has been executed with Planet Fitness at Midway Crossing, located in Elyria, Ohio.

New York City-based Centro owns Midway Crossing.

SCARSDALE, N.Y. — Natural food retailer Mrs. Green's Natural Market confirmed its acquisition of seven Superfresh grocery locations in Maryland and one Superfresh location in Washington, D.C., from the Great Atlantic and Pacific Tea Co.

Greenville, S.C. -- Charlotte, N.C.-based The Chambers Group, an X Team partner, said it has completed a lease for the first REI in South Carolina.

The outdoor equipment retailer will join The Point shopping center, a Whole Foods-anchored property located in Greenville, S.C., and owned by Beachwood, Ohio-based Developers Diversified Realty.

REI will occupy 22,000 sq. ft. of a former Circuit City space.