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Tenant Update

  • DDR exits joint venture in Buffalo

    Beachwood, Ohio -- DDR Corp. announced the sale of an 11-property portfolio--located primarily in the Buffalo MSA that was previously held in joint venture with Kuwaiti Financial Centre II--for a total of $154 million. The portfolio was comprised of small-format traditional grocery-anchored centers and single tenant non-prime assets.  
  • CBRE awarded asset management, lease admin contract for Standard Chartered Bank

    Los Angeles -- CBRE Group, Inc. has been appointed by Standard Chartered Bank to provide asset management and lease administration services across the bank’s commercial property portfolio.   
  • Sears plans to convert its property in Aventura, Fla., to mixed-use development

    Aventura, Fla. -- In another move to capitalize on its extensive real estate portfolio, Sears Holdings Corp. has submitted plans to the City of Aventura in Florida for the redevelopment of the Sears property at Aventura Mall into an open-air village that will feature retail, restaurants, offices and a hotel.

     

  • Publix to co-anchor Steele Creek Crossing

    Charlotte, N.C. --Westwood Financial Corp. announced that Publix Super Markets has now opened as the new anchor tenant at Steele Creek Crossing in Charlotte, N.C. This lease marks one of seven Bi-Lo locations Publix has taken over in the Charlotte area.
  • Redmond Town Center announces Guitar Center launch

    Redmond, Wash. -- Guitar Center and four additional new retailers and restaurants are slated to open at Redmond Town Center, in Redmond, Wash., later this year and into next spring.  
  • Brixmor completes nine small-shop leases at Villa Monaco

    Denver -- Brixmor Property Group announced it has added nine new small-shop leases at Villa Monaco, dramatically improving the center's occupancy, enhancing the neighborhood center's merchandising mix and strengthening its position in the Denver market.  
  • The Shops at Park Lane announces seven new retail tenants

    Dallas -- The Shops at Park Lane, Dallas, has inked deals with seven new retailers and restaurants, with openings slated for late 2014 and into spring of 2015.  
  • Construction completed on phase two of Fortuna Commons shopping center

    Yuma, Ariz. -- Construction is complete on Phase 2 of the Fortuna Commons shopping center, anchored by Fry’s Food & Drug. New tenants include Firehouse Subs, Goodwill, and AutoZone.  
  • United Tae Kwon Do to open at Summit Plaza

    Hackensack, N.J. -- Martial arts studio United Tae Kwon Do Center has leased 1,500 sq. ft. at Summit Plaza in Hackensack, becoming the latest tenant to join the retail lineup at the Bergen County shopping center. The 100,000-sq.-ft. retail property is owned and managed by Alfred Sanzari Enterprises.  
  • Project Spotlight: 11 Jobs Lane, Southampton, N.Y.

    One of Southampton's most historic buildings, located at a highly visible corner in the village, is available for a new retail tenant, according to Newmark Grubb Knight Frank Retail, which has been named exclusive leasing agent for the building.   
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