Real Estate

Somerdale, N.J. -- Purchase, N.Y.-based National Realty & Development Corp. said that YoGo Factory opened at CooperTowne Center in April.

The 366,865-sq.-ft. shopping center is located 10 miles from Philadelphia and is anchored by Walmart Supercenter, Cinemark 16-screen theater and LA Fitness.

YoGo Factory is a self-serve frozen yogurt shop with seven locations open in southern New Jersey and an additional 22 stores opening in the coming months.
 

Las Vegas -- Irvine, Calif.-based Passco Cos., said it has negotiated a $25.8 million loan to refinance Silver City Plaza, a 41,583-sq.-ft. neighborhood shopping center in Las Vegas.

The new loan was arranged with Cantor Commercial Real Estate, an affiliate of Cantor Fitzgerald, and was uniquely structured to accommodate a challenged market.

Dallas -- SRS Real Estate Partners announced that it has named Dafna Nadulek as a senior associate in the company’s South Florida office.

She will focus on developing SRS Urban and tenant representation.

For a decade prior to joining SRS, Nadulek owned and operated her own shoe and accessory boutiques in New York City.

Chicago -- A recent report from Jones Lang LaSalle showed that the current state of real estate markets suggests a temporary deceleration in the on-going global real estate market recovery.

According to JLL’s latest Global Market Perspective report, sentiment is, however, recovering and full-year 2012 commercial real estate volumes are expected to match the robust levels seen in 2011.

Indianapolis -- Simon Property Group announced that Saks Fifth Avenue Off 5th will open a total of seven new stores in the next two years in its Premium Outlets division, including new centers and existing centers.

Dallas -- Restaurant chain Seasons 52 said it has selected NorthPark Center for its first location in Dallas. The new Seasons 52 restaurant at NorthPark Center is expected to open this fall.

The restaurant will be located between Neiman Marcus and Dillard's, with entrances from both inside the mall and street side.

Thousand Oaks, Calif. -- NewMark Merrill Cos. announced the May 13 opening of the first Hooters Restaurant in Ventura County at Janss Marketplace in Thousand Oaks, Calif.

The new 5,700-sq.-ft. restaurant is located near Burlington Coat Factory and features seating for 230 guests. 

Hooters is the newest tenant to join Regency Theaters, Toys “R” Us, Old Navy, Marshall’s, Buca di Beppo, Panera Bread, Burlington Coat Factory and other national, regional and community tenants at Janss Marketplace. 

Garden City, N.Y. -- Sabre Real Estate Group said it has arranged five retail leases on Long Island totaling almost 20,000 sq. ft.

In Commack, N.Y., women’s apparel retailer Bolton’s leased 2,500 sq. ft. in the Mayfair Shopping Center for a store that is expected to open in June. Levin Management Corp., of Plainfield, N.J., owns the shopping center.