Subway extends mall lease in Mount Vernon, Ill.
Mount Vernon, Ill. — Sansone Group and Pine Tree Commercial Realty LLC have signed a lease extension with Subway restaurant at Times Square Mall in Mount Vernon, Ill. As part of the extension, Subway will expand its restaurant by approximately 500 sq. ft.
Sansone Group (www.sansonegroup.com) and Pine Tree (www.pinetreecommercial.com) own the 269,328-sq.-ft. center in partnership with the Wanxiang America Real Estate Group.
Times Square Mall is currently undergoing a redevelopment, which has brought in new anchor tenants Hobby Lobby and Big Lots! to complement existing anchors J.C. Penney, Dunham Sports and Peebles.