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REAL ESTATE

  • Urban Retail named manager for Shawnee Mall and Brazos Mall

    Chicago -- Urban Retail Properties LLC said it has been awarded the contract by Five Mile Capital Partners LLC to provide management and leasing services for Shawnee Mall located in Shawnee, Okla., and Brazos Mall in Lake Jackson, Texas, effective immediately.

    Shawnee Mall is a one-level enclosed regional shopping center anchored by Dillard’s, Sears and J.C. Penney. The tenant line-up includes a newly remodeled Jones Theatres Movies Six, Old Navy, Ross Dress For Less, Buffalo Wild Wings and over 70 specialty stores.

  • Caruso Affiliated launches construction of mixed-use project

    Los Angeles -- Caruso Affiliated said it has begun construction on 8500 Burton Way, an upscale residential and ground-floor retail property featuring Trader Joe’s, located in a flourishing region of Los Angeles, adjacent to Beverly Hills.

    The eight-story building combines contemporary architectural elements with rich materials, and is moving forward at a time when most other commercial development has stalled.

  • New tenants to open at Darby Town Center

    Darby, Pa. -- Metro Commercial Real Estate announced it has negotiated new new leases totaling 33,113 sq. ft. at the new Darby Town Center, located in Darby, Pa. 

    The 142,000-sq.-ft., Save-A-Lot-anchored center, which had its grand opening on December 9, 2010, will also be home to a new 10,000-sq.-ft Dollar Tree. A new 3,961-sq.-ft. lease was also completed for Hair World and Popeye’s will also lease approximately 2,152 sq. ft. 

  • Dollar Super Store to open at Santa Fe Springs Marketplace

    Whittier, Calif. -- Watt Commercial Properties said that it has signed Dollar Super Store to a five-year lease for 5,762 sq. ft. of space at Santa Fe Springs Marketplace, an 144,261-sq.-ft. retail center located in Whittier, Calif.

    Santa Fe Springs Marketplace is 97% leased to several tenants including Food 4 Less, Rite Aid, O’Reilly and Frazee Paint.

  • Coyote names leasing exec

    Addison, Texas -- Coyote Management L.P. announced that it has appointed Carolyn Snider as senior leasing specialist, effective March 15.

    A veteran of Simon Property Group and The Mills Corp., Snider was most recently leasing representative at The MGHerring Group.

  • Sabor Tropical Supermarket to open at Biscayne Plaza

    Miami Beach, Fla. -- Terranova Corp. announced that grocer Sabor Tropical Supermarket has joined Biscayne Plaza Shopping Center, in Miami Beach, Fla., as a new anchor tenant.

    The 24,000-sq.-ft. store is slated to open in 2012. According to Terranova, the retailer is replacing President Supermarket in the center and is required to renovate the interior of the store no later than January 2012. This will be Sabor Tropical’s fifth South Florida store.

  • Hurricane Grill & Wings on accelerated growth path

    West Palm Beach, Fla. — Hurricane Grill & Wings announced it has signed seven new domestic development agreements, adding commitments for 233 new restaurants to its 42 existing locations.

    The new development agreements will contribute to the company's accelerated growth plan with new locations in 15 states, including California, Illinois, Indiana, Iowa, Kansas, Nebraska, Maryland, Missouri, Ohio, Oregon, Pennsylvania, Texas, Virginia, Washington, Wisconsin and District of Columbia.

  • Hudson’s Bay in franchise deal with Topshop

    Toronto — The Hudson's Bay Co. announced it has earned exclusive Canadian franchise rights for the United Kingdom’s Topshop and its male counterpart, Topman. The agreement includes the rights for both freestanding locations and in-store shops, expected to launch in The Bay in fall 2011.

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