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REAL ESTATE

  • Simon and NRG eVgo launch electric car charging stations

    Washington, D.C. — Simon Property Group and NRG eVgo (ee-vee-go), a subsidiary of NRG Energy will host an amped-up Earth Day Electric Car Caravan to unveil three new electric car fast-charging Freedom Station sites at St. Charles Towne Center, Bowie Town Center and Queenstown Premium Outlets in Maryland. The caravan will attend ribbon-cutting ceremonies at each center on April 22.

  • CBRE completes sale Frisco, Texas shopping center

    Dallas — Shayan Holdings has purchased the 29,200-sq.-ft. Lebanon Ohio Center, an unanchored strip retail complex, in Frisco, Texas. The seller was LandPlan Development Corporation. The price was not disclosed.

    The center is currently 90% occupied. Tenants include CrossFit Remedy and Arts and Technology Institute. CBRE’s Dallas office represented the seller in the transaction and conducted the financial analysis.

  • Roundy’s opens new Mariano’s in Chicago April 22

    Milwaukee -- Roundy’s, Inc. will open Mariano’s Edgewater in Chicago on April 22. Edgewater is the fifth Mariano’s store to open of the 11 former Dominick’s locations acquired by Roundy’s in December 2013, and the eighth in the city of Chicago.

    Store features will include a Vero Italian coffee and gelato shop, Squeez’d smoothie bar, and access to “Mariano’s Tastemakers,” 14 chefs and lifestyle experts who provide demos and advice.

  • Pizza and frozen yogurt shops to Legends Outlets in Kansas City

    New York -- SweetFrog and Pizza Studio will open shops at Legends Outlets Kansas City in Kansas City, Kan., this spring and summer respectively. The locations will be the first in the Kansas City metropolitan area for both concepts.

    SweetFrog has leased a 1,588-sq.-ft. space. The frozen yogurt franchise invites customers to make their own soft-serve creations, choosing from an array of flavors and toppings.

  • Five Below to Wards Crossing West in Lynchburg, Va.

    Lynchburg, Va. — Five Below has signed a 7,732-sq.-ft. lease at Wards Crossing West shopping center in Lynchburg, Va. It will be Five Below’s first store in the Lynchburg trade area.

    Divaris Real Estate’s Richmond office represented Five Below in the transaction. DRE is the exclusive representative for Five Below in southwest Virginia.

  • SRS names first VP in Austin, Texas

    Dallas - SRS Real Estate Partners welcomes T.J. Powell as first VP in the Austin office. He will focus on tenant and landlord representation.

    Powell has four years of commercial real estate experience and joins SRS from Retail Solutions, where he focused on third-party project leasing and tenant representation.

  • Buy Rite Liquor to Capitol Plaza in Ewing, N.J.

    Ewing, N.J. — Giant Wine & Liquor, doing business as Buy Rite Liquor, has leased 6,000 sq. ft. at the 360,000-sq.-ft. Capitol Plaza in Ewing, N.J. Levin Management, the exclusive leasing and managing agent for the center negotiated the long-term lease.

  • Nordstrom to relocate San Diego store as part of mall redevelopment

    Seattle -- Nordstrom announced plans to relocate its full-line Westfield University Towne Center (UTC) department store in San Diego to a new space within the evolving mall.

    The new two-level, 145,000-sq.-ft. Nordstrom store will open in 2017 as part of Westfield UTC’s resort-inspired redevelopment, which is adding specialty shops, restaurants, entertainment, sustainable design features and family-friendly amenities, as well as structured parking.

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