Tenant Update

Mission Viejo, Calif. -- Watt Commercial Properties said it has completed a $6 million renovation of Alicia Towne Plaza in Mission Viejo, Calif.

The 19-month redevelopment project included converting an existing Mervyn’s building for L.A. Fitness and updating the façade treatment for the remainder of the 150,000-sq.-ft. property.

Chattanooga, Tenn. -- CBL & Associates Properties announced that Jimmy Neely and Kyle Capshaw have joined the company's leasing department.

Neely joins CBL as a senior leasing manager responsible for Hanes Mall in Winston Salem, N.C., and Randolph Mall in Asheboro, N.C. He previously held various positions with Colonial Property Trust of Birmingham, including leasing, development and peripheral property.

Concord, Calif. -- Jacksonville, Fla.-based Regency Centers said it has leased space to two new restaurant tenants at Clayton Valley Shopping Center, located in Concord, Calif.

Five Guys Burgers and Fries has leased 2,400 sq. ft., and Dickey’s Barbecue Pit will open fall 2011 in a 1,740-sq.-ft. space.

The 260,000-sq.-ft. shopping center is anchored by Orchard Supply Hardware alongside national retailers such as Ross Dress for Less, Fresh & Easy and CVS/pharmacy.
 

Dallas -- SRS Real Estate Partners announced Thursday it has hired Lenny Eterno as a senior associate in the South Florida office.

Eterno will be focusing on the Miami Beach and downtown Miami trade areas.

Prior to joining SRS, Eterno worked for SRS’ affiliate, Cypress AutoGroup, LLC, where he completed transactions throughout the southeast.
 

Woodland Hills, Calif. -- Great American Group said Thursday it has been retained to manage the going-out-of-business sale of all Pierre Deux stores, a French furnishing retailer that operated across 13 states.

Pierre Deux ceased business operations and filed for Chapter 7 bankruptcy protection on June 23.

“The trustee has charged us with selling the company’s inventory in all of the stores,” said Scott Carpenter, executive VP and the head of the Retail Services Division for Great American Group.

Sarasota, Fla. -- Centro Properties Group US announced that GNC has opened a 1,100-sq.-ft. store at Sarasota Village shopping center, located in Sarasota, Fla.

Centro, based in New York City, is the owner of Sarasota Village.
 

New York City -- CB Richard Ellis Group, Inc. announced Tuesday that Matt Van Buren has been promoted to president, New York Tri-State Region.

Van Buren joined CBRE in January 2006. Previously, he served as executive managing director, with responsibility for CBRE's Midtown Manhattan brokerage division, as well as all activities relating to the firm's operations at its New York City headquarters at 200 Park Avenue.

Cincinnati -- Jacksonville, Fla.-based Regency Centers said it has leased retail space to two tenants at Hyde Park Plaza, located in Cincinnati.
 
Primary healthcare clinic Doctors Express has leased 3,474 sq. ft. and Orange Leaf Frozen Yogurt has leased 2,406 sq. ft., bringing the center to 96% leased.

Both tenants are slated to open this fall.
 
The 396,861-sq.-ft. shopping center is anchored by Kroger and Biggs, alongside national retailers such as Michaels, Massage Envy, Panera Bread, Starbucks and Staples.