REAL ESTATE

Tucson, Ariz. -- Commercial Retail Advisors said that Ben's Speedy Two-Wheelers is opening the first bike store in the Rita Ranch area of Tucson's southeast submarket.

The new 2,500-sq.-ft. space is slated to open in July.

Dallas -- The Commercial Retail Division of The Weitzman Group said that Just Fitness 4 U has leased 18,900 sq. ft. of anchor space in Spring Creek Village for the chain’s sixth Dallas-Fort Worth location.

Just Fitness 4 U, which currently operates locations in Dallas, Carrollton, Mesquite, Plano and Hurst, also operates in several national markets, including Atlanta and Salt Lake City. The Weitzman Group is representing the fitness chain on its Dallas-Ft. Worth expansion.

Atlanta -- Marcus & Millichap Real Estate Investment Services said it has promoted James C. “Chris” Rea to senior VP investments.

Rea began his career with Marcus & Millichap in September 1995, specializing in the sale of retail properties. Most recently, he held the position of first VP investments.
 

Short Hills, N.J. -- The Mall at Short Hills, in Short Hills, N.J., announced that The Cheesecake Factory, Reed Krakoff and Swarovski will open this summer, and Ann Taylor will debut a new concept store.

Opening in July is The Cheesecake Factory, and women’s fashion retailer Reed Krakoff will open in early August, the boutique’s first in New Jersey and fourth in the world. Swarovski will open a new boutique under its Crystal Forest retail design concept, its first in New Jersey.

Chicago -- Oakbrook Terrace, Ill.-based Mid-America Asset Management Inc. said that Skechers recently signed a lease for 8,690 sq. ft. at Burbank Station in Chicago's west suburbs.

The new store is slated to open in the fall.

Burbank Station is a 303,566-sq.-ft. suburban retail center anchored by Food 4 Less, Sports Authority, Babies “R” Us, Office Max, PetSmart and HomeGoods.
 

Los Angeles -- X Team International said that Los Angeles-based partner Cypress Retail Group has completed a lease for the first full-service 24 Hour Fitness SuperSport in North Hollywood, Calif.

Toronto -- J. Crew announced Friday it will open its first Canadian store in August at the Yorkdale Shopping Centre, located in Toronto.

The approximately 5000-sq.-ft. store, which will offer women’s-only clothing and accessories, marks J. Crew’s international debut, joining recent market entries by retailers such as Target and Big Lots in leveraging Canada’s relatively strong economy.

McLean, Va. -- The Rappaport Cos. announced it has named Charlotte B. Strain as senior VP asset management. Strain will work directly with current clients and third-party accounts and oversee property management, asset management and lease administration functions. She will be responsible for a portfolio of 9 million sq. ft. of retail space and some 1,500 leases.

Strain was previously with Jones Lang LaSalle and AvalonBay Communities.