Tenant Update

St. Paul, Minn. -- Paster Enterprises announced that Aldi has opened at Crystal Town Center, in St. Paul, Minn.

The new grocery store anchor measures 17,929-sq.-ft.
 

From where I sit, I’ve noticed a certain “buzz” of optimism in our industry -- frustrations and anxieties from a tough couple of years seem to be giving way to increasingly sunny retail sales forecasts. Is this sudden sense of optimism justified by cold, hard facts? Or, is this increasing sense of optimism somewhat irrational?

Cincinnati -- Jacksonville, Fla.-based Regency Centers said it has leased restaurant space to Arirang Japanese Bistro at Sycamore Plaza in Cincinnati.

The Japanese Hibachi steak house and sushi restaurant leased 7,600 sq. ft. and is slated to open in the fall. The dining establishment is taking the space formerly occupied by Max & Erma’s restaurant. 

Kokomo Ind. -- The Bon-Ton Stores said Thursday that it has signed a letter of intent with Simon Property Group for a 60,000-sq.-ft. facility at Markland Mall, located in Kokomo, Ind.

According to the department store retailer, the existing building will be remodeled by November, at which time Bon-Ton will open a new store under the Carson’s nameplate, replacing its current Elder-Beerman store presently located in Kokomo Mall.

Jacksonville, Fla. -- Atlanta-based Newmark Knight Frank Capital Group said it has been retained as exclusive marketing agent for Crossroads Square, a 174,153-sq.-ft. neighborhood retail center in Jacksonville, Fla.

Anchor tenants at Crossroads Square include Floor & Décor, Office Depot, Harbor Freight Tools and Dollar General.

North Haven County, Conn. -- Purchase, N.Y.-based National Realty & Development Corp. announced that Famous Footwear opened at North Haven Pavilion, located in North Haven, Conn., on March 9.

Target, Sports Authority and Michaels anchor the 274,000-sq.-ft. center.
 

Southlake, Texas -- Flat Out Crazy Restaurant Group said it has leased 6,012 sq. ft. of space in Shops of Southlake, a specialty shopping center located in Southlake, Texas, for its Stir Crazy Fresh Asian Grill concept. 

This will be the second location to open in Texas. 

The Commercial Retail Division of The Weitzman Group handled negotiations as exclusive retail leasing agents for Shops of Southlake.

Tarrytown, N.Y. -- DLC Management Corp. announced that it has named two new members to its leasing team.

Fred Battisti, Jr. joined the company on Feb. 21 as a leasing representative in DLC’s Tarrytown, N.Y., headquarters. He is responsible for leasing several properties in the Midwest and Northeast regions, primarily focused on the Ohio area at this time.

Prior to joining DLC, Battisti was with The Cafaro Co. as a Commercial Leasing Representative.