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Jeff-Enck-SRS
Company newsGeorgiaNews

Jeff Enck Joins SRS Real Estate Partners as Senior Vice President

by Hayden Spiess

Atlanta — Jeff Enck has joined SRS Real Estate Partners as senior vice president of the company’s investment properties group. Enck, who brings more than two decades of experience, will lead the establishment of a new service line focused on unanchored shopping centers throughout the Southeast. Kyle Stonis and Pierce Mayson lead the investment properties team in Atlanta. “I’m very excited to be joining a team and firm that are among the very best in retail investment sales,” says Enck. “Combining my unanchored business with the institutional and net leased …

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CaliforniaCompany newsInvestment salesMaineNews

EarthWise Pet Acquires Loyal Biscuit Business, Retail Properties in Maine

by Hayden Spiess

San Diego — EarthWise Pet has acquired Loyal Biscuit, a pet supply retailer offering healthy food for dogs and cats. The company has six stores operating in Bath, Belfast, Brewer, Rockport, Rockland and Waterville, Maine. A decision has not yet been made on whether the locations will be rebranded with the EarthWise name. San Diego-based EarthWise has over 150 locations open across the U.S.

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Nerf-Action-Xperience
Company newsEntertainmentLeasingNew JerseyNews

Kingsmen, Good Vibrations to Open Indoor Entertainment Centers Totaling 56,000 Square Feet in Metro New York City

by Hayden Spiess

 Paramus, N.J. — Kingsmen Xperience, a subsidiary of Kingsmen Creatives Ltd., and Good Vibrations will open two branded location-based entertainment (LBE) attractions totaling 56,000 square feet at Westfield Garden State Plaza in Paramus, roughly 25 miles northwest of New York City. Both attractions, Nerf Action Xperience and Planet Playskool, will open later this year and feature immersive activities, retail stores and food and beverage areas. The Nerf attraction will comprise 36,000 square feet, with Planet Playskool occupying 20,000 square feet. These openings mark the beginning of a strategic partnership between …

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Company newsLeasingNew YorkNews

A&G to Auction 250 Tuesday Morning Leases

by Hayden Spiess

New York City — A&G Real Estate Partners will auction over 250 Tuesday Morning Corp. leases as part of the first round of store closures in the retailer’s Chapter 11 reorganization. Ranging in size from 6,000 to 28,000 square feet, the spaces being auctioned are situated in freestanding sites and retail centers. Many of the leases have five or more years remaining on the term. “The early interest reflects the fact that it’s rare to see so many good quality locations become available in major markets,” says Mike Matlat, senior …

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Dicks_House-of-Sport_Knoxville
Company newsNewsPennsylvania

Dick’s Sporting Goods to Open 75 to 100 New House of Sports Stores Over Next Five Years

by Hayden Spiess

 Pittsburgh — Dick’s Sporting Goods (NYSE: DKS) plans to open as many as 75 to 100 new House of Sport stores over the next five years, according to Lauren Hobart, CEO of the Pittsburgh-based retailer. House of Sports is a retail concept that provides interaction and experiences including putting greens, rock walls, batting cages and turf baseball fields, along with sports-related apparel and equipment for sale. There are currently three House of Sports stores in Rochester, New York; Knoxville, Tennessee; and Minnetonka, Minnesota. “House of Sport will be a significant …

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Party-City
Company newsGeorgiaIllinoisIowaLeasingLouisianaMichiganNew YorkNewsTexasWest Virginia

A&G to Auction Eight Party City Leases

by Hayden Spiess

New York City — A&G Real Estate Partners will auction eight Party City leases in its capacity as real estate advisor to the retailer. These leases — which include locations in Georgia, Iowa, Illinois, Louisiana, Michigan, New York, Texas and West Virginia — come in addition to 12 Party City leases announced for auction by A&G in late February. Ranging in size from 7,500 to 28,000 square feet, 18 total leases remain open. This move is part of Party City Holdco Inc. (PCHI)’s financial restructuring, which is expected to be …

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Company newsNewsVirginia

Divaris Real Estate Acquires McGarey Group

by Hayden Spiess

Virginia Beach, Va. — Divaris Real Estate has acquired The McGarey Group, which specializes in mixed-use retail development, leasing and advisory services. McGarey Group will operate as a division of Divaris moving forward, with its team retaining their current roles. Denver McGarey, who has 40 years of industry experience, leads The McGarey Group, which has been involved in projects totaling 41 million square feet across the U.S., China and Japan. “Denver and his team have ambitious work ethic, unwavering commitment to integrity and an impressive track record of delivering exceptional …

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CaliforniaCompany newsNews

Westwood Financial Promotes Two Senior Retail Executives

by Hayden Spiess

Los Angeles — Westwood Financial, a retail real estate investment firm, has promoted Lauren Ball and Juyuan Wei to the company’s C-suite. Ball will take on the role of chief operating officer, with Wei appointed chief financial officer. Ball and Wei joined the Los Angeles-based company in 2021 and 2018, respectively, previously serving as senior vice president and head of leasing and senior vice president of finance and accounting. The two will support Chief Executive Officer Mark Bratt. “A good portion of our ongoing success is due to these leaders’ …

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Company newsNewsTexas

Corner Bakery Files for Bankruptcy, Reports Dallas Morning News

by Hayden Spiess

Dallas — Corner Bakery, a national restaurant chain based in Dallas, has filed for Chapter 11 protection in the Delaware Bankruptcy Court after defaulting on its loans last year, according to The Dallas Morning News. Pandya Restaurant Growth Brands purchased Corner Bakery, which currently operates 140 locations in 20 states, in October 2020. Prior to its acquisition by Pandya, the chain was owned by private equity firm Roark Capital Partner.

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Company newsNewsPennsylvania

Dick’s Sporting Goods to Acquire Moosejaw

by Hayden Spiess

Pittsburgh — Dick’s Sporting Goods has agreed to acquire outdoor retailer Moosejaw from Walmart. Founded in 1992, Moosejaw operates brick-and-mortar locations in Arkansas, Colorado, Illinois, Kansas, Michigan and Missouri, in addition to its e-commerce platform. “We believe there’s potential to grow the Moosejaw business and provide compelling experiences and an expanded product assortment to its millions of loyal customers,” says Todd Spaletto, senior vice president of Dick’s and president of the company’s specialty outdoor retailer, Public Lands. Moosejaw CEO Eoin Comerford will stay on following the acquisition, reporting to Spaletto. …

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