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REAL ESTATE

  • Inland buys Hitchcock Plaza in Aiken, South Carolina

    Atlanta — Inland Real Estate Group has acquired Hitchcock Plaza in Aiken, South Carolina, for $28.9 million. JLL represented the seller, Hendon Properties, in the transaction.

    Ross Dress for Less, T.J.Maxx, Bed Bath and Beyond, Old Navy and Academy Sports anchor the 252,097-sq.-ft. center.

  • LA Fitness inks four new leases in Central Texas

    Dallas — LA Fitness has signed leases for four new spaces, two in Austin, Texas, and two in San Antonio, Texas. Venture Commercial Real Estate represented LA Fitness in each transaction.

    In Austin, LA Fitness plans to begin construction immediately on a 40,000-sq.-ft. facility at 2020 Anderson Lane and a 46,200-sq.-ft. facility in the Lamar Oaks Shopping center on Lamar Boulevard. Retail Solutions and The Weitzman Group represented the landlords for the Anderson Lane and Lamar Boulevard locations, respectively.

  • Earthbar signs into Glendale Galleria in May

    Glendale, Calif. — The health juice café, Earthbar, has leased a 1,168-sq.-ft. location on the third level of Glendale Galleria. Earthbar offers a range of juices and cleansers, vitamins and supplements, shakes and healthy snacks.

  • Omaha Natural Grocers sells for $6.115 million

    Omaha, Neb. — A private California buyer has purchased a 20,134-sq.-ft. Natural Grocers in Omaha, Nebraska. Mid-America Real Estate Corp. represented the seller, a private developer, in the transaction.

    Mid-America Real Estate Corporation is a member of Mid-America Real Estate Group, a ChainLinks affiliate headquartered in Oakbrook Terrace, Illinois. The company is the Midwest’s leading full-service retail real estate organization with offices in Chicago, Milwaukee, Minneapolis and Detroit.

  • R.J. Brunelli & Co. completes multiple retail leases in New Jersey, Maryland

    Old Bridge, N.J. - R.J. Brunelli & Co., LLC has recently completed a series of leases that will bring retail tenants to sites throughout New Jersey and Maryland. Dollar Tree recently signed a lease that will bring its Deal$ concept to an 11,400-sq.-ft. space in downtown Elizabeth, New Jersey. R.J. Brunelli serves as the retailer's exclusive real estate representative for all of New Jersey.

  • Flip Flop Shops to open 20 Caribbean franchise stores

    Atlanta - Flip Flop Shops has signed a master franchise agreement with Happy Toes Caribbean that calls for the establishment and development of at least 20 new shops throughout the islands, the first of which will open in Aruba in late 2014. The master franchise rights agreement also covers the management of three established stores in St. Thomas, St. Maarten and Curacao.

  • Applebee’s acquires pad in Richardson, Texas

    Dallas — Applebee’s has purchased a one-acre pad in Richardson, Texas, from Leon Capital Group. Venture Commercial Real Estate represented Applebee’s in the transaction.

    Venture Commercial’s full-service real estate platform includes landlord and tenant representation, property management, land sales, disposition and income property sales. As the D-FW partner of X Team International, Venture is able to serve its clients on a national scale.

     

  • New tenants for Knoxville’s University Commons

    Knoxville, Tenn. — Four new retailers have signed leases with University Commons, a new retail center adjacent to the University of Tennessee campus in Knoxville, Tenn. The property’s developer, CHM, made the announcement.

    The newly signed retailers are Fresh To Order, a fast-fine restaurant concept; Blush Boutique, an affordable-fashion concept; Great Clips, the chain’s twentieth Knoxville-area shop; and Jersey Mike’s, the fast casual submarine sandwich franchise.

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