Hospitality

Los Angeles -- Caruso Affiliated said it has named Paul Kurzawa as the company’s new COO, a newly created position for the company. Kurzawa was previously executive VP operations for Caruso.

The firm also outlined a comprehensive expansion program that is designed to double its size in the next five years, according to founder and CEO Rick Caruso. Caruso outlined the company’s business goals and platform for growth at a recent employee meeting.

Cincinnati -- Colliers International Greater Cincinnati announced the $7.5 million sale of a multi-tenant, power center in the Eastgate trade area of Cincinnati.

The sale of Bigg’s Place Mall – from JPMCC 2006-LDP6 EastGate Boulevard, LLC to Union Township Clermont County CIC of Ohio -- will clear the way for a new Jungle Jim’s supermarket.

Los Angeles -- Robertson Properties Group said it has named John Manavian executive VP real estate, design & development, responsible for oversight of the firm’s real estate portfolio, development projects and the roll-out of ArcLight Cinemas.

Robertson Properties Group is affiliated with Pacific Theatres and ArcLight Cinemas, which are all part of the Decurion Corp.

South Bend, Ind. -- Indianapolis-based Kite Realty Group said that McAlister’s Deli will open a 4,551-sq.-ft. location at Notre Dame, in South Bend, Ind.

The new quick-service delicatessen is slated to open this summer.
 

New York City -- Winick Realty Group said that 5 Napkin Burger, the popular burger chain that’s opened three New York locations since 2003, has leased its fourth location at 150 East 14th Street, on the southwest corner of Third Avenue.

The restaurant includes 3,570 sq. ft. of ground-floor space, as well as a full basement. The new location is slated to open in April.

Ventura, Calif. -- Jacksonville, Fla.-based Regency Centers said that Freeb!rds World Burrito has leased retail space in Ventura, Calif., at Ventura Village shopping center.

The fast casual-style Mexican restaurant has leased 2,808 sq. ft., bringing the center to 98% leased. The tenant is slated to open in June.

The Ventura Village location will be the first in Ventura County and one of the first five Freeb!rds restaurants to open in California. 

Redmond, Wash. -- PlayNetwork said Thursday it has launched into the European market and acquired Absolute Audio Systems Ltd., a U.K.-based provider of commercial media products and A/V systems integration services across Europe.

Miami Beach, Fla. -- Joint venture affiliates of Terranova Corp. and Acadia Realty Trust announced they have closed on the acquisition of three Lincoln Road properties in Miami Beach, Fla.

The approximately $52 million deal adds just over 61,000 sq. ft. to their urban street-front retail portfolios.

Current tenants at the properties include Starbucks, Geox Shoes, and Zagat-rated restaurants Sushi Samba Dromo and Tacontento. Terranova will manage and lease the Lincoln Road properties.