REAL ESTATE

Naperville, Ill. – OfficeMax has signed a lease agreement to open the first of its business solutions center concept stores in Chicago. The 3,900-sq.-ft. store, located in a currently unoccupied space at 550 St. Clair Street in the Streeterville neighborhood, will open later this summer and cater to the needs of business customers.

Special services for business customers will include enhanced technology support, marketing, document and shipping services, and expert associates.

Rockville, Md. -- Federal Realty Investment Trust has announced that Russ Joyner has joined the company has VP-general manager of Assembly Row. Joyner’s responsibilities will include management and operations at the mixed-use development project in Somerville, Mass. Currently under construction, Assembly Row will open in mid-2014.

Columbus, Ohio -- Glimcher Realty Trust has announced the appointment and election of Victor Pildes as senior VP development. He will provide leadership in project management and design, strategic planning and overall direction for all new development and redevelopment activities.

With 25 years of development and project management experience, Pildes comes to Glimcher from Centrum Partners LLC, where he served as VP and consultant. He has also served in senior executive positions at Westfield and JMB/Urban Retail Properties Company.

New York -- RadioShack Corp. unveiled its new concept store, opening a location on the Upper West Side of Manhattan. The store showcases a number of the features that will be part of a new generation of RadioShack stores that will be rolled out in locations throughout the United States and internationally over the next several months. The new concept is part of a wider initiative by new CEO Joseph C. Magnacca, who took the reins in February, to turn around the ailing chain.
   

Atlanta -- Developer OliverMcMillan has secured a $167 million syndicated construction loan, led by PNC Capital Markets, LLC, to finance construction of Buckhead Atlanta, the mixed-use retail, residential and office development located in Atlanta’s Buckhead neighborhood.

The loan will cover the full construction of the six-block, 8-acre complex. Five lenders are involved, including PNC Bank, N.A., CIT Finance LLC, Compass Bank, Regions Bank and SunTrust Banks.

Williamsville, N.Y. -- Tops Friendly Markets has officially unveiled 12 former Grand Union stores in eastern and northern New York under the Tops banner at grand re-opening ceremonies.

The new Tops branded stores include stores in Saratoga, Warrensburg, Warren, Franklin, Essex, Clinton and Fulton counties.

Winston-Salem, N.C. -- Working with franchise partner Taco Holding, S.A. de C.V, Krispy Kreme Doughnut Corporation will open its 100th store in Cancun, Mexico, on July 6. The store will feature Krispy Kreme's new international café-style store design, including hot doughnuts, barista specialists, a kid's zone and a drive-thru.

Alexandria, Va. -- Voila Pastry & Café has leased 1,600 sq. ft. in Huntington Station Shopping Center in Alexandria, Va.

Paraclete Realty represented Voila Pastry, and A.J. Dwoskin & Associates represented the shopping center in the transaction.