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  • Mid-America closes on six retail leases at Chicago shopping centers

    Oakbrook Terrace, Ill. -- Mid-America Asset Management said that several retail leases have been completed at six shopping centers in Chicago’s western suburbs. Mid-America is the exclusive leasing representative of each of the centers.

    The Shops at South Elgin (South Elgin, Ill.) signed a lease for 6,604 sq. ft. with independent health food/vitamin retailer Fruitful Yield, to expand the current tenant’s space by 3,264 sq. ft. The newly expanded store is expected to open June 1.

  • The Lash Lounge to open at The Shops at Highland Village

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

    The Lash Lounge has leased 2,000 sq. ft. and is slated to open this summer.

    The 352,000-sq.-ft. mixed-use lifestyle center is anchored by AMC 12 Theaters and Barnes & Noble Booksellers alongside national retailers such as Ann Taylor, Banana Republic, Bath & Body Works and Potbelly Sandwich Works.

  • The Counter to open at Plaza Hermosa

    Hermosa Beach, Calif. -- Jacksonville, Fla.-based Regency Centers said it has leased restaurant space in Hermosa Beach, Calif., at Plaza Hermosa shopping center to The Counter. 

    The burger restaurant has leased 2,837 sq. ft. and is slated to open for business in July.

    The 94,939-sq.-ft. shopping center is anchored by Vons, alongside national retailers such as CVS/pharmacy, Aaron Brothers, Jamba Juice and The UPS Store.

  • NAI Global names NYC exec

    Princeton, N.J. -- NAI Global said that Jay B. Olshonsky has joined the NAI Global New York City team as executive VP and COO.
     
    Olshonsky previously was COO at NAI Friedland Realty, NAI Global’s Westchester County affiliate. He joined the NAI network in 2010 after 15 years with CB Richard Ellis, where he served as managing director in charge of its Washington, D.C., brokerage operations.

  • Arirang Japanese Bistro to open at Sycamore Plaza

    Cincinnati -- Jacksonville, Fla.-based Regency Centers said it has leased restaurant space to Arirang Japanese Bistro at Sycamore Plaza in Cincinnati.

    The Japanese Hibachi steak house and sushi restaurant leased 7,600 sq. ft. and is slated to open in the fall. The dining establishment is taking the space formerly occupied by Max & Erma’s restaurant. 

  • A&P not feeling Superfresh

    MONTVALE, N.J. — A&P continues to implement its turnaround strategy with the announcement that it is filing a motion seeking court approval of bidding procedures to market and sell 25 Superfresh stores in two Southern states and the District of Columbia.

     

    A&P, which filed for bankruptcy in December 2010, earlier this year revealed plans to shutter 32 stores in six states and bolstered its merchandising and marketing team with the appointment of six new executives.

  • Real Estate Report

    Chain Store Age's annual review of development, acquisition and management activities.

    Click here to download the full report.

  • Report: Leonard Green set to make bid for BJ’s

    New York City -- Leonard Green & Partners is expected to make an opening-round offer on Wednesday for BJ’s Wholesale Club, the New York Post reported, citing unidentified people familiar with the matter.

    Bidders picked for the second round will probably be asked to make binding offers by the end of May, the newspaper said.

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