Tenant Update

By Jason S. Baker

Originally purchased by Paster Enterprises in 1985, Mendota Plaza in Mendota Heights, Minn., underwent a minor facelift in 1989. In 2005, it became evident that the 60,000-sq.-ft. community shopping center needed a significant revitalization, and so the planning began. While developing the plans for the new and improved Mendota Plaza, Paster Enterprises worked tirelessly to acquire the adjacent eight acres of land. Along with several smaller parcels, the land was acquired, bringing the full parcel to 21.2 acres.

Rockville, Md. -- Federal Realty Investment Trust said Monday that The Fresh Market will open a new store at Congressional Plaza, a 332,000-sq.-ft. regional shopping center in Rockville, Md.

The store, the specialty grocer’s first in Montgomery County, will measure 19,860 sq. ft. Recent openings at the center include Last Call Studio by Neiman Marcus and Matchbox Vintage Pizza Bistro.

Acquired by Federal Realty in 1965, Congressional Plaza is a regional shopping destination anchored by Buy Buy Baby and The Container Store.

South Bend, Ind. -- Indianapolis-based Kite Realty Group said that McAlister’s Deli will open a 4,551-sq.-ft. location at Notre Dame, in South Bend, Ind.

The new quick-service delicatessen is slated to open this summer.
 

Ventura, Calif. -- Jacksonville, Fla.-based Regency Centers said that Freeb!rds World Burrito has leased retail space in Ventura, Calif., at Ventura Village shopping center.

The fast casual-style Mexican restaurant has leased 2,808 sq. ft., bringing the center to 98% leased. The tenant is slated to open in June.

The Ventura Village location will be the first in Ventura County and one of the first five Freeb!rds restaurants to open in California. 

Allen, Texas -- The Weitzman Group announced that Edwin Watts Golf Shop has leased 4,125 sq. ft. of retail space in Twin Creeks Village, located in Allen, Texas, north of Dallas.

At Twin Creeks Village, Edwin Watts Golf joins a line-up that includes Tom Thumb, Staples, Hobby Lobby, Petco, 24 Hour Fitness, Stacy Furniture and many more.

Walnut Creek, Calif. -- Grubb & Ellis Co. Said that it has named Robin Newton as VP retail group, for the firm.

Specializing in tenant and landlord representation, Newton joins Grubb & Ellis from Cornish & Carey Commercial Newmark Knight Frank. 
 

New York City -- Winick Realty Group said that 5 Napkin Burger, the popular burger chain that’s opened three New York locations since 2003, has leased its fourth location at 150 East 14th Street, on the southwest corner of Third Avenue.

The restaurant includes 3,570 sq. ft. of ground-floor space, as well as a full basement. The new location is slated to open in April.

Fort Worth, Texas -- Trademark Property Co. said Tuesday that it has been hired to oversee all retail leasing for Biltmore Park Town Square, a 42-acre, one million-plus-sq.-ft. mixed-use property in Asheville, N.C., developed by Biltmore Farms, LLC and Crosland, LLC.

The town center is anchored by an REI flagship store, Regal Cinemas, Barnes & Noble and features 276 urban residences and 270,000 sq. ft. of Class-A office space. It also offers a mix of local and regional retailers and restaurants in addition to a 165-room full-service Hilton Hotel.

Tarrytown, N.Y. -- DLC Management Corp. said Tuesday that two of its Northeast Leasing team members have successfully achieved the Certified Leasing Specialist (CLS) designation from the International Council of Shopping Centers.

Evan Podob, VP -- director of Northeast leasing, and Christopher Ressa, senior leasing representative -- Northeast, received their certifications in January.