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REAL ESTATE

  • Mid-America announces six new leases in Chicago

    Oakbrook Terrace, Ill.Mid-America Asset Management Inc. has announced six retail leases in four Chicago shopping centers.

  • Tabani Group buys Prescott Gateway in Prescott, Ariz.

    Phoenix — The Tabani Group has acquired the 578,666-sq.-ft. Prescott Gateway Mall in Prescott, Ariz., according to CBRE, the broker that represented the undisclosed seller in the transaction.

     

  • Togo’s enters Tempe, Ariz., with first restaurant

    Tempe, Ariz. -- Togo's Eateries has opened its first restaurant in Tempe, Ariz., owned by current Togo's franchisees, Monty and Diana Coury, who opened the first Togo's restaurant in Gilbert, Ariz., last year.

    "Since opening our first restaurant in Gilbert, we've seen a tremendous amount of support from the community and there is still a huge potential for growth in the market,” said Monty Coury.

  • Quaker Steak & Lube to develop restaurants in Nebraska and Iowa

    Sharon, Pa. -- Casual-dining brand Quaker Steak & Lube announced an area development agreement with Bosselman Food Services to open two locations in Nebraska and one in Iowa, which will mark the brand's entrance into the state of Nebraska. Bosselman Food Services plans to open one Quaker Steak & Lube restaurant per year in 2014, 2015 and 2016.

    "We look forward to the opening of our first restaurant next year, and are excited for a great future with Quaker Steak & Lube," said Charlie Bosselman, president of the Bosselman Cos.

  • Inland Real Estate Group receives ethics award

    Oak Brook, Ill. -- The Inland Real Estate Group of Cos. has been named the recipient of the 2014 Torch Award for Marketplace Ethics by the Better Business Bureau.

    The award was presented at the 17th Annual BBB Awards Luncheon Ceremony at the InterContinental Hotel in Rosemont, Ill.  

    This is the second Torch Award for Marketplace Ethics that Inland has received from the BBB. The company was presented with its first Torch Award for Marketplace Ethics in 2009. Last year’s winner was The Boeing Co.

  • Michael’s signs into Torrington, Conn., center

    New York -- Michael’s has leased a 21,400-sq.-ft. former Circuit City store at the Torrington Fair shopping center in Torrington, Conn.

    Wal-Mart, Price Chopper and Petco anchor the center, which is now 100% leased, although there is an outparcel that may be developed in the future. Charter Realty & Development www.chartweb.com and Lornell Realty made the deal.

  • Levin adds two New Jersey shopping center assignments

    Edison and Eatontown, N.J. — Levin Management has added two new shopping center assignments — on behalf of two new clients — to its portfolio.

  • MinuteClinic opens first New Hampshire locations

    Woonsocket, R.I. -- MinuteClinic, a division of CVS Caremark Corporation, has expanded to its 28th state with the opening of clinic locations inside select CVS/pharmacy stores in New Hampshire. Clinics are now open in Concord and West Lebanon.  

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