REAL ESTATE

Los Angeles -- CB Richard Ellis Group said Wednesday that the United States Postal Service (USPS) has awarded CB Richard Ellis a contract to serve as its exclusive provider of strategic corporate real estate solutions nationally.

CB Richard Ellis will provide transaction management services for USPS, including leasing and disposition. USPS’s portfolio consists of approximately 35,000 facilities, totaling over 300 million sq. ft.

Waterford, Conn. -- Westport, Conn.-based Charter Realty & Development Corp. said it has been hired by Chase Enterprises to lease the 300,000-sq.-ft. Cross Roads Plaza, located in Waterford, Conn.

Cross Roads Plaza is anchored by Lowe’s, BJ’s, Bob’s and Regal Cinema.
 

Simpsonville, S.C. -- Centro Properties Group US announced two retailers will be joining Fairview Corners, located in Simpsonville, S.C.
 
Wild Oats Brewery will occupy a 4,556-sq.-ft. space; Upstate Gold Exchange will occupy a 1,500-sq.-ft. space.
 
Centro Properties Group, based in New York City, is the owner of Fairview Corners.
 

New York City -- Athletic apparel, footwear and accessories marketer Under Armour has opened its first European outlet store, in Madrid, Spain.

Melville, N.Y. -- DJM Realty, a Gordon Brothers Group company, said Monday it has been retained to exclusively manage the disposition of all remaining Borders Group and Waldenbooks real estate in the United States. The news came after Borders announced it had abandoned hope that the company could be saved from liquidation.

Ashburn, Va. — Jacksonville, Fla.-based Regency Centers said Mathnasium and Zinga Frozen Yogurt have leased space at Ashburn Farm Market Center, located in Ashburn, Va.

Mathnasium has leased 1,529 sq. ft. and Zinga has leased 2,264 sq. ft. Both businesses are slated to open in September, bringing the center to 100% leased.

The 91,900-sq.-ft. shopping center is anchored by a 49,000-sq.-ft. Giant, alongside national retailers, such as Starbucks, Subway, Domino’s Pizza and Supercuts.

Bentonville, Ark. -- Karen Roberts was named executive VP and president of Walmart Realty on Friday, filling a position vacated by the company’s long time real estate executive Eric Zorn who retired after a 20-year career.

Roberts most recently served as senior VP and chief compliance officer. She will report to Tom Mars,  executive VP and chief administrative officer, whose responsibilities were expanded to include oversight of real estate in the wake of Zorn’s retirement.

Addison, Texas — Coyote Management, L.P. and Garrison Investment Group announced that Lakeshore Mall, in Gainesville, Ga., is undergoing a renovation that includes extensive landscaping upgrades, new branding campaign, banners, directional signage, reopened customer service, gift card program and children’s strollers.

This week, said the companies, the property will begin construction on a new 11’ x 26’ monument sign and over $25,000 in landscaping. The project is scheduled to be complete by the end of July.