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Bareburger Restaurant Chain Picks Broker for Expansion

Bareburger Restaurant Chain Picks Broker for Expansion

Bareburger Group LLC appointed Sabre Real Estate Group LLC as the master broker for its U.S. expansion. The chain has identified as high priority markets including New York City, Westchester, Long Island, New Jersey, Connecticut, Washington, D.C., Massachusetts, Chicago, Philadelphia and Los Angeles.

Bareburger is looking for sites ranging from 2,500 sq. ft. to 5,000 sq. ft., preferably in corner locations, with the possibility of outdoor seating.

The chain opened its first store in 2009 and has since expanded to 10 stores, with two more scheduled to open in the near term.

“We are very excited to be acting as Bareburgers’ in-house real estate team,” said Jayson Siano, managing principle of Sabre and the leader of the Bareburger brokerage team, in a statement. “Our experience in all phases of the expansion process will help this unique concept grow into and throughout markets they will thrive in. We are working with our broker partners in these particular markets outside of the New York metro area.”

HSA Breaks Ground On an Adaptive Reuse Project in Wisconsin

HSA Commercial broke ground for The Mayfair Collection, a 270,000-sq.-ft. adaptive reuse mixed-use project in Wauwatosa, Wis.

Phase I of the development will include Nordstrom Rack, Dick’s Sporting Goods and Ulta Cosmetics, among other retailers. It will repurpose an obsolete warehouse building. HSA plans to open Phase I in the summer of 2014.

The City of Wauwatosa will create a tax increment financing district that will provide $8.5 million to cover the infrastructure costs on the project.

TOA Architects will serve as the architect for The Mayfair Collection. Premier Design + Build will be the general contractor.

Bierbrier Development Gets Approval to Build Massachusetts Retail Center

Bierbrier Development received approval from town officials to develop Needham Street Village Shops, a 19,000-sq.-ft. retail center in Newton, Mass.

The center, which will combine urban streetscape design with plentiful rear parking, will seek LEED Silver certification. Ben Starr and Adam Cirel, of Atlantic Retail Properties, will serve as exclusive leasing brokers for the project.

Bierbrier plans to start construction this summer, with opening scheduled for March 2014.

Selig to Renovate, Bring New Tenants to Florida’s Seabridge Square

Selig Enterprises Inc. will undertake a $10 million renovation at Seabridge Square, a retail center in St. Augustine, Fla. The project will include a new center façade, updated landscaping and a repainted parking lot, as well as conversion of a large land parcel into new retail spaces. Selig plans to complete the renovation in February 2014.

With the demolition of a 92,000-sq.-ft. former Kmart store and 8,500 sq. ft. of adjacent space, Selig has created space for additional shops. The Shopping Center Group, the exclusive leasing agent for the center, has already negotiated leases with PetSmart for a 14,164-sq.-ft. store, Ross Dress for Less for a 25,029-sq.-ft. store, Staples for a 15,524-sq.-ft. store and Ulta Beauty for a 10,009-sq.-ft. store. Shopping Center Group’s Stephanie McCullough and Nancy Summer negotiated these leases.

Martin Roberts Design Completes Swann’s Furniture Flagship Store in Tyler, Texas

Martin Roberts Design completed a $4.4 million, 51,000-sq.-ft. flagship store for Swann’s Furniture & Design at7328 Old Jacksonville Highway in Tyler, Texas. The project encompassed the development of an architectural concept, signage and interior design.

Abby Developments served as the general contractor on the store. Mike Marler, P.E./Engineering & Safety Consultants provided structural engineering services.

Natural Grocery Store Takes Over an Office Depot Space at Oregon Shopping Center

Natural Grocers signed a lease with RPP Bend I LLC for an 18,048-sq.-ft. store at the Bend River Promenade in Bend, Ore. The grocery chain will take over a space formerly occupied by Office Depot.

George Macoubray, of Commercial Realty Advisors, and James Craddock, of Craddock Commercial Real Estate, represented Natural Grocers in the transaction.

Steve Toomey and Russell Huntamer, of Compass Commercial, represented the landlord.

Other Notable News

Ross Dress for Less signed a 10-year lease with Bequer Investments for a 26,070-sq.-ft. store at 2021 W. Pico Blvd. in Los Angeles. Scott Burns and Shauna Mattis, of Wilson Commercial Real Estate, represented the landlord in the transaction. Tom Breen of Epsteen & Associates, represented the tenant.

Jones Lang LaSalle hired Rebecca Wells as executive vice president in its Indianapolis office. Wells has more than 20 years of experience in commercial real estate. Previously, she served as senior vice president of the institutional sales group at Cassidy Turley.

CBRE|Richmond hired Frank M. Galleher III as vice president of its retail team. Galleher has more than 26 years of experience representing retail tenants and landlords across the Commonwealth of Virginia. His client list includes OfficeMax, Dollar Tree, IHOP, Kirkland’s and GameStop, among others.

HFF hired John Owendoff as part of its Mid-Atlantic retail investment sales team. Prior to joining HFF, Owendoff served as a senior director in the capital markets group at Cushman & Wakefield. While there, he was involved in dispositions of more than $6 billion in commercial real estate assets.

FRCH Design Worldwide hired William Hofmann as a project coordinator in its specialty retail architecture studio. Hofmann has done freelance work for FRCH in the past. He holds a bachelor’s degree in architectural engineering from the University of Cincinnati.

 

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