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REAL ESTATE

  • Divaris renews five Hampton Roads leases

    Virginia Beach, Va. -- Divaris Real Estate has represented the landlords in the renewal of five leases covering more than 18,500 sq. ft. in Hampton Roads, Va., retail properties.

    Two of the leases were with Willow Oaks Associates, landlord of Willow Oaks Village Square Shopping Center in Hampton. The City of Hampton renewed a 7,778-sq.-ft. space, and Virginia ABC renewed its 3,300-sq.-ft. lease.

    Mattress Firm renewed for 3,982 sq. ft. with JLP Chesapeake, owner of the Crossways Shopping Center in Chesapeake.

  • CBRE-Grossman to lease Mohegan Sun in Palmer, Mass.

    Boston -- Finard Properties has appointed CBRE-Grossman Retail Advisors as the exclusive leasing agent for the retail, restaurant and entertainment component of the proposed Mohegan Sun Massachusetts destination resort casino in Palmer, Mass.

    The $1 billion project will feature two hotels, an aqua entertainment park, casino gaming and branded retail stores and restaurants.

  • Fort Worth’s West 7th inks two new leases

    Fort Worth, Texas -- Brewsters Burger Bar and Chiro One Wellness Centers have leased space in the Fort Worth mixed-use development of West 7th, according to Cypress Equities, the property’s developer.

    Brewsters Burger Bar will open a 2,969-sq.-ft. location in December of this year.

    Chiro One Wellness Centers will open a 2,563-sq.-ft. location in fourth quarter 2013. It will be the tenth Chiro One in the Dallas-Fort Worth metropolitan area.

     

  • RadioShack opens first college store location at U of Texas

    Fort Worth, Texas -- As part of a previously announced plan to expand into non-traditional channels, RadioShack said its first shop-in-shop college store has opened at the University of Texas at Austin.

    Located within the University Co-op bookstore, the RadioShack-branded section features consumer electronics products geared toward college kids. The Top Tech at UT Students' Fingertips RadioShack's retail space consists of a 12-ft. section of wall located on the first floor of the Co-op, and features items such as headphones and Bluetooth speakers.

  • McDonald’s plans Vietnam expansion

    Oak Brook, Ill. – McDonald’s has signed a contract with Vietnamese businessman Henry Nguyen to serve as a developmental licensee for the company in Vietnam.

    Nguyen, founder of Good Day Hospitality and managing partner of IDG Ventures Vietnam as well as a former part-time McDonald’s store employee in the U.S., is expected to open Vietnam’s first McDonald’s restaurant in Ho Chi Min City in early 2014.

  • RILA: Green Lease teams landlords and tenants toward sustainability

    Washington, D.C. -- A first-of-its-kind document could go a long way toward cementing the sustainability relationship between retailer tenants and their shopping center landlords.

  • Rick Puttkammer returns to Colliers

    San Diego -- The San Diego office of Colliers International has announced that Rick Puttkammer is rejoining the firm as a senior VP. A 25-year veteran in retail property sales and leasing, Puttkammer will head up the firm’s retail division.

    Most recently, Puttkammer was senior VP at Flocke & Avoyer in San Diego. From 1987 to 1997, he was senior marketing director at Colliers in San Diego.

     

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