Building upon the momentum in retail real estate in the recovering economy, Chain Store Age has debuted a new community-oriented “micro-site” for retail real estate executives and shopping center developers. Called “Community” and accessible from chainstoreage.com, the new site offers such features as project of the week, mall marketing spotlight, and bylined articles from industry experts.
Square Mile Capital Management and Pacific Retail Capital Partners, owners of West Oaks Mall in Houston, announced an agreement with Regal Entertainment Group to bring its Edwards Theatres to the center with a 14-screen multiplex.
R.J. Brunelli & Co. said Thursday that it has completed a series of leases that will bring major retailers, restaurants, recreational facilities and personal services to sites in Middlesex, Monmouth, Ocean, Mercer, Union, Essex, and Bergen counties in central and northern New Jersey.
Target has partnered with two local developers to purchase a 7.9-acre United States Postal Service site in the Throgs Neck section of Bronx, N.Y., for $35.2 million, where they plan to build a 300,000-sq.-ft. mall, according to New York Read Estate News.
Oakbrook Terrace, Ill.-based Mid-America Asset Management said that Five Guys Burgers and Fries recently signed a lease for 2,158 sq. ft. at Geneva Commons in Geneva, Ill., a western suburb of Chicago.