REAL ESTATE

Oakbrook Terrace, Ill. — Mid-America Real Estate Corp. recently signed Wes Koontz, CCIM, as director of net lease investment sales. He will work in tandem with Kevin Conway, also director of net lease investment sales.

Columbus, Ohio — DSW Inc., Designer Shoe Warehouse has announced the opening of a new store in Ponce, Puerto Rico, on April 10. As of April 10, DSW will operate 407 stores in 43 states, the District of Columbia and Puerto Rico.

DSW also operates an e-commerce site at DSW.com. In addition, the company supplies footwear to 357 leased locations in the United States under the Affiliated Business Group.

Aliso Viejo, Calif. – Johnny Rockets has opened its second restaurant in Galerias Merida, Mexico. The 1,798-sq.-ft. location is situated in an upscale two-story shopping mall.

Galerias Merida is the fourth Johnny Rockets location for Johnny Rockets Guadalajara Group, who also operate three franchises in the Mexican state of Jalisco. Two additional Johnny Rockets locations are scheduled to open in Mexico later this year, one in Chihuahua and another in Mexico City.  

Winnetka, Calif. — dd’s Discounts, a subsidiary of Ross Dress For Less, has opened a 25,600-sq.-ft. store at Sherman Plaza in Winnetka, Calif. Kennedy Wilson represented the landlord, Sherman Plaza, in the transaction.

Epsteen and Associates represented the tenant.

Dallas — Cypress Equities has acquired Brookwood Village, a mixed-use development in the affluent Mountain Brook area of Birmingham, Ala.  A fund managed by Cypress’s real estate investment management group carried out the transaction.

The 816,000-sq.-ft. center consists of a 604,000-sq.-ft., two-level enclosed mall, a 41,900-sq.-ft. grocery-anchored retail component and a nine-story 170,000-sq.-ft. Class A office building.  

York, Pa. -- The Bon-Ton Stores plans to open a 27,000-sq.-ft. Herberger’s Clearance Center in Maplewood, Minn. The store is scheduled to open May 2014.

“We are pleased to announce the opening of our fourth free-standing clearance center,” said Brendan Hoffman, president and CEO.

Bon-Ton Stores operates 270 department stores in 25 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner’s, Boston Store, Carson’s, Elder-Beerman, Herberger’s and Younkers nameplates.

New York -- Modell’s Sporting Goods will open a store in midtown Manhattan, near Madison Square Garden, on April 4.

The store is the retailer’s 156th location.

Columbus, Ohio – DSW Inc. is opening three new stores on April 10. The stores will be located in Tempe, Ariz., DeKalb, Ill., and Washington, D.C.

DSW Rewards is a free loyalty program in which customers earn certificates toward future DSW purchases and receive special member-only offers. Customers can also participate in a Shoe Lover community on Facebook to receive exclusive offers and giveaways.