Tenant Update

San Ramon, Calif. -- Jacksonville, Fla.-based Regency Centers said that two new tenants have leased space at Diablo Plaza, located in San Ramon, Calif.

Beverages & more! leased 12,015 sq. ft. and is slated to open this fall. Another new addition, West Coast Gold Buyers, leased 1,300 sq. ft. and is now open.

The 63,265-sq.-ft. center includes national retailers such as Safeway, CVS/pharmacy, Verizon Wireless and McDonald’s.

Florissant, Mo. -- Brixmor Property Group announced a 5,000-sq.-ft. lease has been executed with shoe retailer Prime Sole at Clocktower Place, located in Florissant, Mo.

Brixmor, based in New York City, is the owner of Clocktower Place.
 

Beachwood, Ohio -- DDR Corp. announced Friday plans to redevelop four shopping centers by adding two new Walmart stores in Florida and expanding two existing stores in Ohio and Puerto Rico.

"These projects will deliver desired growth opportunities to the world's most successful retailer and further strengthen DDR's relationship with its largest tenant," said Paul Freddo, senior executive VP leasing & development for DDR.

Sarasota, Fla. -- According to Brixmor Property Group, which owns the community shopping center, Publix is expanding from a 36,960-sq.-ft. store, open since 1972, and has redesigned and expanded in conjunction with the redevelopment of the center.

The opening of the new Publix store marks the completion of the redevelopment at Sarasota Village, which included improvements to the building façade for the retailers surrounding Publix, along with new landscaping, lighting, and an improved parking field.
 

New York City -- Brixmor Property Group announced Tuesday a series of corporate and regional enhancements to its leasing and redevelopment capabilities as it re-focuses on growing portfolio occupancy, strengthening retailer relationships and ramping-up redevelopment efforts.

Timothy J. Bruce has been appointed executive VP, leasing and redevelopment and as a member of the company’s Management Committee.  

New York City -- Saks Fifth Avenue will close its store in downtown Pittsburgh in 2012, the Pittsburgh Tribune-Review reported. The news follows negotiations between the retailer, the store’s landlord and city officials over funding for renovations to the building.

Atlanta -- Jones Lang LaSalle announced Wednesday two new hires in the Southeast Region.

Andrea Kenney and John Lambert have joined the firm to provide strategic planning and evaluation of the positioning, merchandising and development of shopping centers as owners continue to look for ways to enhance their real estate operations and maximize tenancy.

New York City -- Prudential Douglas Elliman's Retail Group said it has successfully orchestrated a buy-out/lease disposition at 46 East 57th Street for jewelry house Buccellati, and simultaneously arranged its move to 810 Madison Avenue.

The Milan, Italy-based company has closed the East 57th Street store after more than four decades and will open in a new location on the "Jewel Mile" between 67th and 68th Streets.

Buccellati will take immediate possession of the former Bonpoint store at 810 Madison Avenue.