Real Estate

Richardson, Texas -- Wingstop announced it will add another 20 stores in Mexico over the next three years thanks to an extended development agreement with current international franchisee WIS de Mexico S.A. de C.V.

Wingstop has more than 475 restaurants open across the United States and Mexico.

“We are thrilled with our success in Mexico over this past year,” said David Vernon, VP franchise sales for Wingstop.

New York City -- Saks on Wednesday announced it plans to close its Saks Fifth Avenue store located in the Cherry Creek Mall in Denver, Colo., on March 19. With the closing, the company will have closed seven Saks Fifth Avenue stores since July 2010.

Plymouth Meeting, Pa. -- Fameco Real Estate, L.P. said that Patel Bazaar and Spice Kitchen have signed leases for 6,900 sq. ft. along the 422 Corridor in Montgomery County, Pa.

Patel Bazaar, an Indian grocery store, has signed a 4,900-sq.-ft. lease at Jefferson Plaza Shopping Center in West Norriton Township. The grand opening is scheduled for January 14. Spice Kitchen, an Indian restaurant, has signed a lease for 2,000 sq. ft. at the Park Ridge Shopping Center in Trooper. The center is anchored by Acme. Spice Kitchen opened its doors several weeks ago.

New York City -- Prudential Douglas Elliman's Retail Group said that it has arranged another location for Bond No. 9, this time in Meatpacking at 863 Washington Street, between 13th and 14th Streets, near the edge of the High Line.

The new store represents the fifth New York City location orchestrated by Prudential Douglas Elliman for the fragrance retailer.

Hammond, La. -- Covington, La.-based Stirling Properties, developer of Hammond Square, said that Charming Charlie will occupy a 9,911-sq.-ft. space on Main Street across from Books-A-Million and Shoe Department Encore.

The anticipated opening is spring 2011, and will accompany openings by Academy Sports + Outdoors and The Children’s Place.

West Bridgewater, Mass. -- Shaw's Supermarkets has announced that it will close five unprofitable stores in Massachusetts and Rhode Island by the middle of next month.

The company said in a statement that it decided "only after careful evaluation" to close the stores. The Massachusetts stores are in New Bedford, Stoneham and Revere. The Rhode Island locations are in Johnston, and on Bald Hill Road in Warwick.

The stores will be closed by Feb. 17.

Chicago -- Grubb & Ellis Co. announced that Thomas M. Erdelac, AIA, a 24-year commercial real estate veteran, has joined the company as senior project manager.

Erdelac was most recently a principal with VOA Associates.

Plymouth Meeting, Pa. -- Fameco Real Estate, L.P. said that coffee retailer La Colombe Torrefaction has signed a lease for 1,230 sq. ft. at The Residences at the Ritz Carlton, in Philadelphia.

The new location is slated to open April 2011 and will complement La Columbe’s other location on Rittenhouse Square, also in Philadelphia.