BLOOMFIELD, CONN. — The Lightstone Group has negotiated a lease with K&G Theatres for Bloomfield 8 Cinemas at the Wintonbury Mall in Bloomfield. The 28,000-square-foot theatre is set to open this spring. Other tenants at Wintonbury Mall, which is located at 865 Park Ave., include State Farm Insurance, Citi Financial and the Arthur Murray Dance Center.
CORVALLIS AND HILLSBORO, ORE., AND ORCHARDS, WASH. — Regency Centers has completed approximately 400,000 square feet of retail space in three separate shopping centers located in Oregon and Washington. The properties include the 82,671-square-foot Corvallis Market Center in Corvallis; Tanasbourne Market Center, a 71,000-square-foot retail center in Hillsboro; and Orchards Market Center, a 263,752-square-foot shopping center in Orchards. The centers feature a variety of tenants, including T.J. Maxx, Michaels, Famous Footwear, Dress Barn, Jared’s Jewelers, Peets Coffee, Daphne’s, LA Fitness, Office Depot, Jo-Ann Fabrics & Crafts and Petco.
FLORENCE, KY. Babies R Us has signed with Lake Bluff, Ill.-based Pine Tree Commercial Realty to anchor Turfway Commons located on the northwest corner of Spiral Drive and Houston Road adjacent to a strip retail center and Sam s Club. The retail center will be converted from an existing 118,000-square-foot Wal-Mart. Construction will begin in mid-2006 with delivery set for spring 2007.
WEST COLUMBIA, S.C. — Victor ‘Buddy’ John and Jim Pagett of NAI Avant have brokered the sale of Capitol Square Shopping Center located at 200 Sunset Blvd. in West Columbia. Edens & Avant sold the 8-acre, 83,085-square-foot property to a local private investor for $1.85 million.
RIDGELAND, MISS. — Jackson-based Mattiace Properties and H.C. Bailey Companies are opening Renaissance at Colony Park, a 57-acre, 500,000-square-foot lifestyle center in Ridgeland. The open-air center will consists of a 60 retail stores, 50,000 square feet of office space, five restaurants, five specialty food stores and a Hyatt Place Hotel. Tenants include P.F. Chang’s China Bistro, Biaggi’s Ristorante Italiano, The Fresh Market Market, Barnes & Noble, Ethan Allen, Ann Taylor and White House/Black Market, among others. The development will open in March, and is located on Highland Colony Parkway at the northwest corner of Interstate 55 and Old Agency Road.
REDONDO BEACH, CALIF. — Barry Silver, owner of The Silver Group, has brokered the sale of a 31,500-square-foot, single-tenant retail property, which is located at 1401 Hawthorne Blvd. in Redondo Beach. The Alexander Family Trust acquired the property for more than $12.15 million. Previously occupied by The Good Guys until 2006, the property is currently occupied by T.J. Maxx under a 10-year lease, which was negotiated by Silver. Greg Trotter of Coldwell Bank Commercial’s Sherman Oaks, Calif., office assisted with the sale transaction.
SAN DIEGO — Costa Mesa, Calif.-based Donahue Schriber has signed its first lease with Fresh & Easy Neighborhood Market to open at Plaza Sorrento, a 98,000-square-foot retail center located at the southwest corner of Mira Mesa Boulevard and Camino Santa Fe Road in the Sorrento Mesa area of San Diego. A company of United Kingdom-based Tesco, Fresh & Easy will open a 15,000-square-foot store this fall offering customers everything from everyday staples to gourmet items, including prepared meals and organic foods at the company’s trademark affordable prices.
BOWIE, MD. — Chevy Chase, Md.-based JBG Rosenfeld Retail (JBGR) is redeveloping Bowie Marketplace, a 240,000-square-foot center located at the intersection of Annapolis Road and Superior Lane, into a mixed-use center. Main Street Marketplace, the new 185,000-square-foot, LEED-certified development, will be completed in two phases. Phase 1 will include the retail portion, and Phase 2 will focus primarily on the residential component. The retail phase will start construction in 2009, and is projected to be delivered in 2010. JBGR is negotiating with current tenants, Safeway and Rite Aid, to anchor the renovated center with new, prototype stores.
VOLUSIA COUNTY, FLA. — Wyotech has developed a 90,000-square-foot motorcycle and marine repair training school in Volusia County, located 15 miles northwest of Daytona Beach. The building features 12 classrooms, three motorcycle laboratories, a marine motor laboratory, a library and student lounges. Orlando, Fla.-based HuntonBrady Architects designed the facility.
SCHAUMBURG, ILL. — Elmhurst, Ill.-based International Contractors Inc. (ICI) has commenced construction of the first Legoland Discovery Centre in the United States. Located within the Streets of Woodfield in Schaumburg, the $3.7 million project will consist of a two-story interactive theme park. It will feature an approximately 32,000-square-foot play arena, which will include an adventure trail, a Lego factory, exhibits, the Dragon ride and a hall of super heroes built of Legos. The project is being designed as a variation of Legoland Park, an outdoor theme park located in Carlsbad, Calif. Legoland Discovery Centre is being developed by Merlin Entertainment, with ICI serving as general contractor. Architectural services are being provided by Chicago-based Byrne Design. Completion is scheduled for August.