Real Estate

Indianapolis -- Kite Realty Group announced that Subway has leased 1,600 sq. ft. at Traders Point II, located in Indianapolis.

Traders Point is a 395,435-sq.-ft. shopping center anchored by Bed Bath & Beyond, Books-A-Million, Dick’s Sporting Goods, Marsh Supermarket, Michael’s, Old Navy, PetSmart and AMC Theatre.

Indianapolis -- Simon Property Group announced that it will acquire a 28.7% equity stake in Klépierre from BNP Paribas for approximately $2 billion.

Klépierre is a Paris-based real estate company that focuses on the ownership, management and development of shopping centers, retail properties and offices across Continental Europe. Klépierre’s portfolio includes 271 shopping centers in 13 countries, with 50% of its properties in France and Belgium, 25% in Scandinavia, and the balance in Central and Southern Europe.

Encino, Calif. -- Marcus & Millichap Real Estate Investment Services said it has named Brandon Michaels senior director of the firm’s National Retail Group in Encino.

Michaels joined Marcus & Millichap in July 2004.
 

Durham, N.C. -- Jacksonville, Fla.-based Regency Centers said it has leased restaurant space to Fuji Steakhouse at Southpoint Crossing shopping center, located in Durham, N.C.

The Japanese restaurant leased 6,400 sq. ft. and is slated to open in summer 2012.

The 103,128-sq.-ft. shopping center is anchored by a 59,160-sq.-ft. Kroger alongside national retailers such as McDonald’s, GNC, Ruby Tuesday and H&R Block.
 

Lawrenceville, Ga. -- Indianapolis-based Simon Property Group and its real estate platform The Mills announced that a newly expanded 20,000-sq.-ft. Forever 21 will open at its value retail destination Discover Mills, located in Atlanta.

The enlarged Forever 21 is slated to open summer 2012 near Entry 5 across from Nike Factory Store.

“An expanded and relocated Forever 21 enhances our value retail mix and the overall shopping experience at Discover Mills,” said Karl Woodard, general manager of Discover Mills.

Hoover, Ala. -- Chicago-based General Growth Properties and Montgomery, Ala.-based Jim Wilson & Associates announced that Von Maur department store will open at Riverchase Galleria, in Hoover, Ala.

Alabama’s first Von Maur will open in 2013, featuring a 187,000-sq.-ft. store that will join Macy’s, Sears, J.C. Penney and Belk anchors.

Covington, La. -- Stirling Property Group said that River Chase Shopping Center, in Covington, La., is celebrating the openings of several national retailers in the development’s newest phase. 

The first openings are scheduled to occur over the next few weeks with others to open this summer.

Canton, Mass. -- Dunkin' Donuts announced Monday the signing of a multi-unit store development agreement with QSR Services for nine new restaurants in Omaha and Lincoln, Neb.

The first restaurant is planned to open in 2013, and the remainder by 2017.

"We are excited to expand Dunkin' Donuts' presence in Omaha and Lincoln and play an important role in the daily lives of people who live, work and visit here," said Bryce Bares, president, QSR Services.