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SRS Real Estate Partners' June Transactions

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Highlights of SRS Real Estate Partners' June Transactions and New Assignments

Dallas, TX (PRWEB) July 14, 2014

SRS Real Estate Partners (SRS) announces highlights of June transactions and new assignments.

Atlanta:

  • SRS Real Estate Partners announced that the project leasing team in Atlanta has secured three new leases at Krog Street Market (KSM), a 30,000-square-foot mixed-use redevelopment project owned by Paces Properties. Yalla, a contemporary middle-eastern food stall, has leased a 400-square-foot space and will offer a menu featuring shawarma, kebabs, falafel, fresh-baked pita and laffa, and a variety of salads from Executive Chef Todd Ginsberg. Mama Bath + Body has leased a 400-square-foot market stall and will feature an all-natural line of handmade olive oil soaps, body care products, and soy candles as well as gifts and cards. Another 400-square-foot market stall was leased by Xocolatl, a chocolate micro-factory. Xocolatl will produce handcrafted and hand wrapped artisanal chocolate bars. Krog Street Market continues to grow the unique mix of restaurant and retailers offerings and these new tenants are a direct reflection of the developments concept.

Krog Street Market is scheduled to open for business in late summer 2014. The entire project will consist of chef-driven restaurants with extensive covered patios, with a 6,000-square-foot indoor market with local retailers as the focal point. The project is located along Krog Street at the southeast corner of the intersection of Krog Street and Irwin Street in Inman Park and is situated along the Atlanta Beltline, adjacent to the proposed light rail station and within walking distance to the MARTA.

Lily H. Heimburger of the SRS Atlanta office represents the landlord, Paces Properties, LLC. The new tenants did not have broker representation in these transactions.

Austin:

  • SRS Real Estate Partners announced the relocation of the Austin office to 901 S. Mopac Expy, Building II, Suite 500, Austin, Texas where the team will continue to serve clients in the Austin, Cedar Park, and Round Rock areas.

The Austin office has welcomed many new faces to the team in the past four months. In February, Will Majors joined as senior vice president and market leader, followed by T.J. Powell as first vice president and Carson Hawley as associate. They also recently welcomed Lindsay Civitarese as marketing coordinator, who will provide office and marketing support for the team.

The new SRS Austin office is located in West Austin adjacent to the Barton Creek Greenbelt and Zilker Park. It offers a view of the Austin skyline and convenient access to downtown. The office relocation was completed on June 30.

Birmingham:

  • The SRS Birmingham office has announced four new store openings, a relocation and expansion and a renewal and expansion in Midtown Village Shopping Center, a retail hub of Tuscaloosa.

Dickeys Barbecue Pit opened in a 2,132-square-foot space directly next door to Ulta. Dickeys offers a wide variety of pit smoked meats and home-style sides and also offers local catering.

Adding to the dining choices available at Midtown Village, Brothers Pizza Express opened a 2,823-square-foot restaurant. Their menu includes specialty pizzas, pastas, subs, calzones and salads.

Also opening in Midtown Village Shopping Center is Lavish. With 1,801 square feet, the boutique will carry clothing and accessories and is located between Tuscaloosa Nails and Francescas.

Total Nutrition opened in a 1,757-square-foot space and will offer a wide variety of health food alternatives and vitamins and supplements.

SRS also announces the relocation and expansion of Midtown Nails. The new location is a 3,063-square-foot space which increases their space by over 1,500 square feet. They offer a wide variety of nail and waxing services.

Wagners RunWalk, a source for running, walking and fitness shoes and apparel at Midtown Village renewed and expanded their lease space to 3,596 square feet.

The H&R Block franchise opened in a 2,183-square-foot retail space at Midtown Village. They will offer a variety of tax services and welcome walk-in customers.

Cornerstone Management opened in at 1,870-square-foot retail space. They specialize in condominium management, sales and leasing in the Tuscaloosa area.

Martin Smith of the SRS Birmingham office represented the landlord, Carlyle-Cypress Tuscaloosa I, LLC in all of the transactions.

  • The SRS Real Estate Partners Birmingham office also announced new store openings in three shopping centers in the Birmingham area.

Campus Spirit is opening a 2,028-square-foot space directly next to Bath and Body Works in the Fultondale Promenade Shopping Center. They will offer a variety of sporting apparel for any sport fan. They are set to open in July.

Martin Smith represented the landlord, Inland American Real Estate Management, LLC in the transaction.

At Chelsea Crossroads Shopping Center, $5 Teen Trends is opening a 1,400-square-foot shop that will offer a variety of items for teens including accessories, toys and apparel.

Martin Smith represented the landlord, Chelsea-Selig, LLC in the transaction.

Also opening at Bessemers Promenade Tannehill Shopping Center is a 1,006-square-foot space, home to Dru, a salon specializing in hair braiding.

Martin Smith represented the landlord, Cypress Equities, LLC in the transaction.

In addition, Martin Smith represented the landlord, BFW Liquidations in the sale of a 39,204-square-foot building on Lorna Road in Hoover. The building was sold to Magnum Properties, LLC and plans have not been made public as to what type of business will be opening and when.

About SRS Real Estate Partners
SRS Real Estate Partners is the largest real estate company in the U.S. exclusively dedicated to retail services. Headquartered in Dallas with more than 20 offices worldwide, SRS strong reach and international presence provide the company with unparalleled knowledge both globally and domestically. As a result, clients of SRS have a competitive edge through a full range of offerings including brokerage services, corporate services, development services, investment services and management services. Since its inception in 1986, SRS has built a strong foundation in the retail real estate world and grown into one of the industrys most influential and respected leaders. Our success is measured in the achievement of our clients objectives, satisfaction and trust. For more information, please visit http://www.srsre.com.

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