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WELLINGTON, FL-International House of Pancakes signed a 10-year lease for 4,140 sf at Courtyard Shops at Wellington, taking occupancy at the 110,264-sf shopping center to 92%. The value of the agreement is just over $1 million. The IHOP unit is scheduled to open on Feb. 1.

A Publix grocery anchors the shopping center, which is located at 13860 Wellington Terrace. Other tenants include Hollywood Video, Crown Wine & Spirits, Quizno’s, Beyond the Barn Gift Store, Pizza Hut and GNC. Lionel Harms, leasing agent, and Erica Des Roches, director of leasing for Miami Beach-based Terranova Corp., represented the property owner in the negotiations.

Terranova leases and manages the property for the owner, an unidentified investment firm. According to Terranova, the center ranks first in occupancy in Wellington, which is among the fastest growing submarkets in Palm Beach County. IHOP operates more than 1,100 restaurants in 48 states and Canada.

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