REAL ESTATE

Chicago -- Marcus & Millichap Real Estate Investment Services said it has named Stephen Rachman as regional manager of its Chicago O’Hare office.

Rachman began his career at Marcus & Millichap in 2002 as an agent in the firm’s Chicago O’Hare office and, in 2004, relocated to the Chicago Downtown office. Named senior associate in 2005, and then VP investments in March 2013, Rachman returned to the Chicago O’Hare office in March.
 

Prince Frederick, Md. -- Brixmor Property Group announced that Jo-Ann Fabric and Craft will open a 12,020-sq.-ft. store at Fox Run, located in Prince Frederick, Md.

Brixmor, based in New York City, is the owner of Fox Run.

Indianapolis -- Simon Property Group announced that it has named Liz Zale as senior VP in a newly created role overseeing corporate affairs and communications, effective May 1.  

Zale's responsibilities will include supervision of Simon’s investor relations, public relations, corporate communications, and government relations functions.
 
She previously served as senior VP investor relations for Nielsen Holdings.

Lodi, N.J. -- Charter Realty & Development said that Blink Fitness will open a 20,000-sq.-ft. facility in Lodi, N.J.

The fitness facility operator has grown to 13 locations in the New York Tri-State area, with another approximately 15 openings scheduled over the next 12 months.

Santa Monica, Calif. -- Beverly Hills, Calif.-based Maxxam Enterprises said that Steak ‘n Shake is entering the California market with a new restaurant on Third Street Promenade in Santa Monica.

The 4,300-sq.-ft. space is located near the intersection of the Promenade and Broadway, across the street from Santa Monica Place, the new upscale shopping mall in Downtown Santa Monica.

Steak ‘n Shake said it plans for a grand opening later this year, after completing tenant improvements to its space.

 

New York -- SL Green Realty Corp. and The Moinian Group announced they have appointed Winick Realty Group to exclusively market the former Daffy’s location at 3 Columbus Circle, in Manhattan.
 
The multi-level retail site is situated in the center of the 57th Street corridor, in close proximity to the new Nordstrom location that is set to open in 2018.     

New York -- Children’s apparel retailer Carter’s has celebrated the grand opening of its newest New York store at The Shops at SkyView Center in Flushing, Queens.

Located on Level B across from Chuck E. Cheese’s, Carter’s held an official ribbon cutting ceremony to formally launch the new space.

Morrisville, N.C. -- The Kalikow Group, on behalf of KEP Morrisville Realty and EYC Cos., said that Grace Park, a mixed-use development featuring 90,000 sq. ft. of ground-floor and outparcel retail space, as well as 180 residences, is nearing 100% occupancy with the addition of four new tenants.

Trali Irish Pub, leased 4,100 sq. ft. at the Morrisville, N.C. property, and Health Station will occupy 1,500 sq. ft.  Ladders Teaching Supply is opening a 1,500-sq.-ft. store and Italian restaurant Mare leased 3,200 sq. ft.