Real Estate

Houston -- United Commercial Realty Houston has announced three new leases for Houston-area centers:

• Goody Goody Liquor will open a third Houston-area location at Copperfield Village Shopping Center this fall.

• Pink’s Pizza has signed a deal for its fifth area location at the Cougar Den Plaza adjacent to the University of Houston’s central campus.

• Affinity Veterinary will open a clinic at a center located at 19450 Katy Freeway in Houston.

Woodbury, N.Y. -- SoulCycle has taken 3,000 sq. ft. of new space at the expanding Woodbury Common Shopping Center in Woodbury on Long Island, said Charter Realty & Development Corp., who represented SoulCycle.

Owned and managed by Kabro Associates, the 85,000-sq.-ft. Woodbury Common is undergoing a 30,000-sq.-ft. expansion that will add parking, amenities and new facades.

Fresh Market will take 20,000 sq. ft. of the new space.

Dallas -- Cypress Equities Real Estate Investment Management has announced the acquisition of Lloyd Center in Portland, Ore. The enclosed, three-level 1,478,000-sq.-ft. regional shopping center is located near downtown close to the Convention Center, Rose Garden Arena and Memorial Coliseum.

Plans to acquire at least 60 stores from bankrupt Orchard Supply Hardware give Lowe’s an increased presence in California and a new small format with expansion potential.

Lowe’s said early Monday that it had entered into an asset purchase agreement with Orchard, which had filed for Chapter 11 bankruptcy, to acquire the majority of Orchard’s assets for approximately $205 million in cash and assume payables owed to nearly all of Orchard’s supplier partners.

San Jose -- Orchard Supply Hardware Stores Corp. is filing for Chapter 11 bankruptcy. As part of the filing, Orchard Supply has reached an agreement for Lowe’s to purchase acquire the majority of its assets for $205 million in cash, plus the assumption of payables owed to nearly all of Orchard’s supplier partners. Under the terms of the agreement, Lowe’s, serving as “stalking horse bidder,” would acquire no less than 60 of Orchard’s stores, based on further due diligence on the store locations.

Glenview, Ill. -- Eco Gym will open an 8,300-sq.-ft. solar- and human-powered health club at Glenbrook Market Place in Glenview, Ill., a North Shore suburb of Chicago, according to Mid-America Asset Management Inc., the landlord’s representative.

The fitness center, Eco Gym’s second, will use a combination of human kinetic power and solar power to generate electricity for its equipment. As members use the equipment, they generate more power to the central power grid, which lowers monthly dues.

An astonishing 41% first quarter same store sales increase at Restoration Hardware propelled the company to significantly improved profitability and made the specialty retailer an increasingly desirable tenant.

Kansas City, Kan. -- Stacy Scheelk has signed on as senior director of new business development with RED Legacy. An accredited Certified Marketing Director, Scheelk’s responsibilities include developing partnerships, securing sponsorships, creating specialty retail and increasing ancillary income.

She comes to RED Legacy from CBL & Associates Properties where she most recently served as regional director of brand development.