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REAL ESTATE

  • Mid-America closes on six retail leases at Chicago shopping centers

    Oakbrook Terrace, Ill. -- Mid-America Asset Management said that several retail leases have been completed at six shopping centers in Chicago’s western suburbs. Mid-America is the exclusive leasing representative of each of the centers.

    The Shops at South Elgin (South Elgin, Ill.) signed a lease for 6,604 sq. ft. with independent health food/vitamin retailer Fruitful Yield, to expand the current tenant’s space by 3,264 sq. ft. The newly expanded store is expected to open June 1.

  • Wet Seal opens at Esplanade Shopping Center

    Oxnard, Calif. -- New York City-based Centro Properties Group announced that Wet Seal has opened a 6,000-sq.-ft. store at Esplanade Shopping Center, located in Oxnard, Calif. 

    The new store celebrated its grand opening on April 16.

    Centro Properties Group is the owner of Esplanade Shopping Center.

  • The Lash Lounge to open at The Shops at Highland Village

    Highland Village, Texas -- Jacksonville, Fla.-based Regency Centers said it has leased retail space in Highland Village, Texas, at The Shops at Highland Village to The Lash Lounge.

    The Lash Lounge has leased 2,000 sq. ft. and is slated to open this summer.

    The 352,000-sq.-ft. mixed-use lifestyle center is anchored by AMC 12 Theaters and Barnes & Noble Booksellers alongside national retailers such as Ann Taylor, Banana Republic, Bath & Body Works and Potbelly Sandwich Works.

  • The Counter to open at Plaza Hermosa

    Hermosa Beach, Calif. -- Jacksonville, Fla.-based Regency Centers said it has leased restaurant space in Hermosa Beach, Calif., at Plaza Hermosa shopping center to The Counter. 

    The burger restaurant has leased 2,837 sq. ft. and is slated to open for business in July.

    The 94,939-sq.-ft. shopping center is anchored by Vons, alongside national retailers such as CVS/pharmacy, Aaron Brothers, Jamba Juice and The UPS Store.

  • Arirang Japanese Bistro to open at Sycamore Plaza

    Cincinnati -- Jacksonville, Fla.-based Regency Centers said it has leased restaurant space to Arirang Japanese Bistro at Sycamore Plaza in Cincinnati.

    The Japanese Hibachi steak house and sushi restaurant leased 7,600 sq. ft. and is slated to open in the fall. The dining establishment is taking the space formerly occupied by Max & Erma’s restaurant. 

  • Aldi opens at Crystal Town Center

    St. Paul, Minn. -- Paster Enterprises announced that Aldi has opened at Crystal Town Center, in St. Paul, Minn.

    The new grocery store anchor measures 17,929-sq.-ft.
     

  • WS Development, Olympic Realty close on land for new Walmart project

    Millcreek, Pa. -- Chestnut Hill, Mass.-based WS Development and Olympic Realty & Development Corp. announced that they have closed on 42 acres of land in Millcreek, Pa., in conjunction with Walmart.

    The land is the future home of Millcreek Town Center, a 350,000-sq.-ft. open-air shopping center, which will include a new Walmart and approximately 160,000 sq. ft. of additional retail and restaurant space.

  • Stardust Arcade opens at Boynton Beach Mall

    Boynton Beach, Fla. -- Indianapolis-based Simon Property Group announced that Stardust Arcade, an adult penny redemption arcade, has opened at Boynton Beach Mall, in Boynton Beach, Fla.

    The 10,000-sq.-ft. space features 150 machines within a Las Vegas-style setting showcasing faux Roman columns, marble details and hand-painted Greek themed murals created by Florida Atlantic University’s Arts Professor Jim Crane and his fine art students.

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