Retail

ATLANTA — Regency Centers has inked a lease with Huff Harrington, a fine art gallery and home furnishings retailer, to lease 5,000 square feet of space at Buckhead Court, a 48,000-square-foot shopping center in Atlanta’s Buckhead district. The new store will offer art, design services, tableware, home décor and furnishings, accessories and jewelry. The retailer is expected to open for business at Buckhead Court in September. Other tenants at Buckhead Court include Superica, Range Boutique, DTOX and Buckhead Lash. Leslie Mintz of Regency Centers handles leasing responsibilities for Buckhead Court.

FacebookTwitterLinkedinEmail

CHINO, CALIF. — Hanley Investment Group Real Estate Advisors is marketing Stater Bros. Plaza in Chino for $35 million. Located at 6939, 6989 and 7011 Schaefer Ave., the property is 95 percent occupied. Situated on 7.5 acres, a 44,000-square-foot Stater Bros anchors the 73,600-square-foot retail center. Ed Hanley and Bill Asher of Hanley Investment Group are marketing the property on behalf of the undisclosed seller.

FacebookTwitterLinkedinEmail

PLEASANTON, CALIF. — Peet’s Coffee & Tea has inked a deal for 1,400 square feet of retail space at 349 Main St., Suite 110, in Pleasanton. The company will use the space to serve coffee, tea and baked goods. Craig Semmelmeyer of Main Street Property Services Inc. represented the landlord, Main Street Pleasanton LLC, while Andrew Lindsey of SRS Real Estate Partners represented the tenant in the transaction.

FacebookTwitterLinkedinEmail

WEST HOLLYWOOD, CALIF. — BRC Advisors has brokered a 10-year, five-month lease for 1,584 square feet of restaurant space at a newly developed mixed-use building at 7141 Santa Monica Blvd. in West Hollywood. Yummy.com will occupy the space, which is located at Domain, a residential and retail development. Shane Murphy and Evan Weiss of BRC Advisors represented the tenant and landlord, Domain Wello, in the $3.8 million lease transaction.

FacebookTwitterLinkedinEmail

MADERA, HANFORD AND FARMERSVILLE, CALIF. — Retail California, a division of Pearson Realty, has brokered three retail leases totaling 12,400 square feet. In Madera, Total PCS Solutions Inc. leased 900 square feet of space at 422 S. Gateway from Mark Knox. Nick Frechou of Retail California arranged the deal. In Hanford, EECU signed a deal for 1,000 square feet of retail space at Fargo Crossing Shopping Center from Blackheart Capital LLC. John Lee and Mike Kennedy of Retail California represented the landlord, while Troy McKenney of Newmark Grubb Pearson Commercial represented the tenant in the transaction. In Farmersville, Rite Aid signed a deal for 10,500 square feet of space at the corner of Farmersville Boulevard and Walnut Avenue from Halferty Development Co. Lewis Smith and John Lee of Retail California brokered the transaction.

FacebookTwitterLinkedinEmail
600-E-178th-St-NYC

NEW YORK CITY — Meridian Investment Sales has arranged the sale of a mixed-use property located at 600 E. 178th St. in the Bronx. The six-story, elevator-serviced building sold for $8.8 million, equivalent to a 5.5 percent cap rate. Located in the Tremont neighborhood, the 47,200-square-foot property features 45 residential units and six retail units. Mark Steinmetz of Meridian Investment Sales represented the buyer and seller in the transaction. The names of the buyer and seller were not released.

FacebookTwitterLinkedinEmail

SAN RAFAEL, CALIF. — Cushman & Wakefield’s Mortgage Services has closed a $46 million refinancing for Montecito Plaza in San Rafael. Located at Third and Grand streets, the shopping center is occupied by Trader Joe’s, Petco, Pier 1 Imports and Rite Aid, among others. Kurt Scheidt and Terry Daly of Cushman & Wakefield arranged the 10-year loan for the borrower, longtime owner/developer Seagate Properties.

FacebookTwitterLinkedinEmail

MESA, ARIZ. — CBRE has arranged the sale of Tri-CityPavilions, a 96,336-square-foot shopping center anchored by Safeway in Mesa. Bob Young, Glenn Smigiel, Steve Brabant and Rick Abraham of CBRE’s Phoenix office negotiated the transaction on behalf of the seller, J.G. Management Co. of Westlake Village, California. The buyer is Fairfield, N.J.-based Lamar Cos. The property, located at the northeast corner of Dobson Road and Main Street, was 75 percent leased at the time of sale.

FacebookTwitterLinkedinEmail

LOS ANGELES — 365 by Whole Foods Market is opening its first location on May 25 in the Silver Lake neighborhood of Los Angeles. The location will feature selections from Whole Foods Market’s 365 Everyday Value brand, as well as local and branded products. Additionally, the new store will host several “Friends of 365” offerings through partnerships with by CHLOE., Allegro Coffee Co. and teaBOT, a retail platform that provides custom grab-and-go tea in under 30 seconds. 365 by Whole Foods has also partnered with Loomstate to custom design employee apparel for the stores. Two additional 365 by Whole Foods Market locations will open in 2016 — in Bellevue, Wash., and Portland, Ore. — and up to 10 stores are expected to open in 2017.

FacebookTwitterLinkedinEmail

LOS ANGELES — California Realty Group has arranged the lease of 6,756 square feet of retail space at 5100 Wilshire Blvd. in the Hancock Park neighborhood of Los Angeles. Automobile Club of Southern California signed a 10-year deal for the space, which is situated within the Mansfield mixed-use project. The new location is slated to open in the third quarter of 2017. Keith Kleinman and Mark Esses of California Realty Group represented the tenant, while CBRE’s Tim Bower and Gabrielle Lardiere represented the undisclosed landlord in this transaction.

FacebookTwitterLinkedinEmail