Deals

New York City -- Some landlords, vendors and other unsecured creditors of Blockbuster are objecting to Blockbuster's plan to sell itself because they fear they won't be paid what they are owed, according to the Associated Press.

A hearing to approve the stalking horse bid and auction was originally scheduled for Wednesday, but was postponed late Tuesday until March 10 while the judge considers the objections.

Ankeny, Iowa -- Casey’s General Stores has signed a definitive purchase agreement to acquire five convenience stores from QuikTrip Corp. All of the stores are located in the Springfield, Mo., metropolitan area.

The stores will be immediately rebranded to Casey’s once the transaction is completed.

Old Bridge, N.J. -- R.J. Brunelli & Co. said Thursday that it has completed a series of leases that will bring major retailers, restaurants, recreational facilities and personal services to sites in Middlesex, Monmouth, Ocean, Mercer, Union, Essex, and Bergen counties in central and northern New Jersey.

New York City -- Target has partnered with two local developers to purchase a 7.9-acre United States Postal Service site in the Throgs Neck section of Bronx, N.Y., for $35.2 million, where they plan to build a 300,000-sq.-ft. mall, according to New York Read Estate News.

Geneva, Ill. -- Oakbrook Terrace, Ill.-based Mid-America Asset Management said that Five Guys Burgers and Fries recently signed a lease for 2,158 sq. ft. at Geneva Commons in Geneva, Ill., a western suburb of Chicago.

The new restaurant will open at the 437,650-sq.-ft. lifestyle center in the spring.

In other Geneva Commons news, the following retailers recently renewed their leases at the lifestyle center: Chicago Home Fitness, Francesca's Collections, Kay Jewelers, Learning Express and Stride Rite.
 

New York City -- Forest City Enterprises announced Tuesday that, as part of the company’s succession planning process, current president and CEO Charles A. Ratner will become chairman of the board, and will be succeeded as president and CEO by David J. LaRue, currently executive VP and COO.

The changes will be effective following Forest City's annual meeting of shareholders on June 10.

Ossining, N.Y. -- Tarrytown, N.Y.-based Infill Development, LLC, affiliate of DLC Management Corp., announced the groundbreaking of a new development project in Ossining, N.Y. A stand-alone Walgreens will be constructed on the site of a former strip center, a New York State Brownfields site which is scheduled to undergo demolition shortly.

The new 9,483-sq.-ft. Walgreens store is slated to open in the fourth quarter of 2011.

Watchung, N.J. -- RAS Brokerage announced that it has secured a lease for Buffalo Wild Wings at BJ’s Shopping Center, located in Watchung, N.J.

Buffalo Wild Wings has signed a lease for a 5,856-sq.-ft. end-cap at the Vornado Realty Trust-owned center.

AMPAL Restaurant group d.b.a. Buffalo Wild Wings opened its first unit at the Monmouth Mall in 2010. The Watchung store will be its second and will open on March 7. 

RAS Brokerage is the restaurant division of Plymouth Meeting, Pa.-based Fameco Real Estate, LP.