Real Estate

Gander Mountain has promoted Mike Owens to the position of president and COO. Owens was the company’s EVP and COO since joining in 2009.
 
“This is an exciting time for Gander Mountain, and we are very optimistic about our future,” said chairman of the board and CEO David Pratt, who has overseen a sizeable expansion in the past 18 months. “In Mike we have a true leader in driving further growth and success for Gander Mountain across our network of stores. I offer my personal congratulations to Mike on a well-deserved promotion.”

Redlands, Calif. — Start-up Fresh Thyme Farmers Market plans to open 50 new stores across 12 Midwestern states over the next six years. To find the right locations, Fresh Thyme is using Esri technology and data to prioritize markets and rate, rank and compare potential sites based on geographic and demographi9c analyses.

North Plainfield, N.J. — RadioShack has leased 2,556 sq. ft. at the 175,515-sq.-ft Hamilton Plaza in Hamilton Township, N.J., according to Levin Management, the property’s managing and leasing agent. Metro Commercial Real Estate Inc. served as the tenant’s broker in the transaction.

Dallas — SRS Real Estate Partners welcomes T. Michael McNamara as first VP in the Tampa, Fla., office. A seasoned commercial real estate veteran with 23 years of experience, he will focus on tenant representation, landlord representation and land brokerage services across Tampa Bay and Central Florida.

McNamara comes to SRS from Sperry Van Ness where he was a senior advisor specializing in the sale and leasing of retail, office and industrial properties in the Sarasota, Orlando and Tampa Ba markets.

Tucson, Ariz. — Mama’s Hawaiian Bar-B-Cue has signed a lease for a 2,000-sq.-ft. restaurant in Cortaro Plaza in Tucson, Ariz. The new location, the third for the young chain, is expected to open in mid-January 2014. The first two locations are near the University of Arizona and in Sahuarita, Ariz., a Tucson suburb.

Commercial Retail Advisors represented both the landlord, Cortaro Investments and the tenant, Mama’s Family Restaurants in the lease transaction.

Pittsburgh – Dick’s Sporting Goods will open three new stores and one remodeled store on Nov. 8. The new stores will be located at Newport Pavilion in Newport, Ky., Bartonsville Square in Stroudsburg, Pa., and South County Mall in South County, Mo.

Dick’s will also open its newly remodeled store in Saratoga Springs, NY on Sunday, Nov. 10.

The new stores will mark Dick’s 10th store in Kentucky, 37th store in Pennsylvania, and 13th store in Missouri. Dick’s will operate 555 stores in the U.S. as of Nov. 10.

Chicago — Hand & Stone Massage and Facial Spa has leased 3,200 sq. ft. at Heritage Plaza in Carol Stream, Ill. This is the fourth Hand & Stone location in the Chicagoland area as the company continues to expand in the region.

Heritage Plaza is a 128,871-sq.-ft. shopping center anchored by Jewel Osco. CBRE www.cbre.com represented the management company, Inland American Retail Management LLC. Baum Realty Group represented Hand & Stone.

Hoffman Estates, Ill. -- Sears Appliance & Hardware has debuted a smaller, neighborhood model format that will become a company standard for all new locations going forward. The new store, in Dallas, is also the first brand new Sears Appliance & Hardware store to open in the past ten years.