Real estate deal of the week

Best Buy plans to open a store in Lake Geneva. Richfield, Minn.-based Best Buy Co. Inc. leased 30,038 square feet of space in Geneva Commons, a retail center that is being developed by Minneapolis-based Ryan Companies US Inc. north of a Home Depot store, which is located northwest of Highway 12 and Highway 50 on the east side of Lake Geneva. For the lease negotiations, Best Buy was represented by Dan Cohen of Mid-America Real Estate – Wisconsin LLC. Ryan Companies was represented by Joe Parrott of CB Richard Ellis. Geneva Commons will be anchored by a 126,842-square-foot Target store and the Best Buy store. The Target store is already under construction and is expected to open in October. The Best Buy store is expected to open next year. They will be the first Target and Best Buy stores in Walworth County.