Tenant Update

Rochester Hills, Mich. -- Brixmor Property Group announced that a 8,001-sq.-ft. Dress Barn recently opened at Hampton Village Centre, located in Rochester Hills, Mich.

Brixmor, based in New York City, is the owner of Hampton Village Centre.
 

Chicago -- Englewood Construction has announced its interiors team recently completed work for General Growth Properties at Water Tower Place in Chicago, and for GK Development at the Peru Mall in Peru, Ill.

In Chicago, Englewood Construction completed a 5,000-sq.-ft. space reconfiguration for landlord General Growth Properties at Water Tower Place on the iconic Magnificent Mile.  Shapiro Associates LTD. of Chicago served as the architect for the project.

New York -- Saks Inc. said Thursday that it will close its Highland Park, Ill., store, located in Renaissance Place, and its Austin, Texas, store, located in the Arboretum Market.

Both stores are slated to close on Dec. 31.

“Who agreed to this language?”

How many times have each of us been handed leases containing  terms which cause us to   ask , “Where did these provisions come from?” or “This is the first time I’ve seen these stipulations, did the transactions group understand the costs of compliance?” The answer is: probably more times than we’d like to recall.

Baldwin Park, Calif. -- NewMark Merrill Cos. announced that three new tenants have joined Park Plaza on Maine, located in Baldwin Park, Calif., joining Superior Grocers, CVS, O’Reilly Auto Parts, Chase Bank, El Pollo Loco, GNC and Bank of America.

Menchie’s Yogurt signed a five-year lease for a 1,586-sq.-ft. location; LA Eyebrow signed a five-year lease for a 1,220-sq.-ft. space; and Family Dollar signed a lease for the approximately 9,000-sq.-ft. space next door to Superior Grocers.

Pembroke Pines, Fla. -- Indianapolis-based, Kite Realty Group said that Massage Envy has leased 4,066 sq. ft. at Cobblestone Plaza, located in Pembroke Pines, Fla. 

Kite Realty Group represented the landlord, KRG CREC/KS Pembroke Pines, LLC.

Cobblestone Plaza is anchored by Whole Foods, All Pets Emporium and Party City. The center sites on approximately 22 acres with 140,452 sq. ft. of retail space.
 

Wilmington, N.C.  -- Brixmor Property Group said that Rent-A-Center recently expanded from 3,200 sq. ft. to 4,800 sq. ft. at University Commons, located in Wilmington, N.C.

Brixmor, based in New York City, is the owner of University Commons.

Fort Myers, Fla. -- Brixmor Property Group announced that Rainbow recently expanded from 4,000 sq. ft. to 6,000 sq. ft. at Morse Shores, located on Palm Beach Blvd. in Fort Myers, Fla.

Brixmor, based in New York City, is the owner of Morse Shores.