PetSmart LLC

Roanoke, Va. — PetSmart has leased 17,168 sq. ft. at he Hunting Hills Shopping Center in Roanoke, Va. Divaris Real Estate and Metro Commercial represented PetSmart in the transaction.

DRE is the exclusive tenant representative for PetSmart in Virginia and Metro Commercial is the national tenant representative for PetSmart.

Phoenix -- PetSmart said Wednesday that its second-quarter net income rose 19% on improved sales. The retailer also boosted its full-year earnings forecast.

PetSmart Inc. earned $93.4 million for the period ended Aug. 4, compared to $78.5 million a year ago.

Revenue rose 5.3% to $1.71 billion from $1.62 billion. Services sales, which are included in total sales, grew 7.3% to $205 million.

Same-store sales increased 3.4%.

PHOENIX — PetSmart’s total sales for the quarter ended Aug. were $1.7 billion, up 5.3% from $1.6 billion for the prior-year period, showing that people are still spending money on their pets despite lingering economic challenges and cautious shopping behavior trends evident in other sectors. 

Comparable-store sales, or sales in stores open at least a year, grew 3.4%, benefitting from comparable transactions growth of 1%. Services sales, which are included in total sales, grew 7.3% to $205 million.

Houston — Jones Lang LaSalle has announced the closing of the sale of The Shops at Bella Terra, a 308,828-sq.-ft. power center in Houston’s Grand Parkway corridor. The JLL Capital Markets Group also secured acquisition financing with Wells Fargo and additional equity from Heitman on behalf of the buyer, Dunhill Partners

Minneapolis -- Retailer promotion activity continued to grow with a 21.6% increase to more than 11.3 billion pages in the first half of 2013, with Walmart leading in retailer activity, according to Kantar Media’s Marx report. Following on Walmart’s heels were Walgreens, Target and Family Dollar.

WINSTON-SALEM, N.C. — HanesBrands has appointed former PetSmart chairman and CEO Robert F. Moran to the company’s board of directors.

Moran, 62, whose term runs until the 2014 annual meeting of stockholders, will serve on the board’s audit committee. With Moran’s appointment, the Hanes board has 10 members.

Moran's international career in the retail industry spans four decades. He retired last month from PetSmart, where served as COO from 2001 to 2009, prior to being promoted to CEO.

Winston-Salem, N.C. -- HanesBrands said it has tapped PetSmart former chairman and CEO Robert Moran to serve on its board of directors, expanding the number of directors to 10.

Moran, 62, retired from PetSmart in June. He had served as CEO since 2009.

Cincinnati, Ohio -- Kimco Realty has sold Colerain Towne Centre, a 400,000-sq.-ft. Cincinnati power center, for $30 million, according to Mid-America Real Estate Corp.’s investment sales group, which represented Kimco in the transaction in cooperation with Anchor Associates. The buyer is a private real estate company.

PHOENIX -- PetSmart's board of directors has named Gregory P. Josefowicz its non-executive chairman. Josefowicz has served as a director since 2004 and as lead director since 2006.  

Chairman and CEO Bob Moran will not stand for election as a director at the company’s 2013 annual stockholder meeting. As previously announced, David Lenhardt, current president and COO, will become the CEO of PetSmart at that time.

PHOENIX — PetSmart's board of directors has named Gregory P. Josefowicz its non-executive chairman. Josefowicz has served as a director since 2004 and as lead director since 2006.

Chairman and CEO Bob Moran will not stand for election as a director at the company’s 2013 annual stockholder meeting. As previously announced, David Lenhardt, current president and COO, will become the CEO of PetSmart at that time.