REAL ESTATE

  • Casual Male to open 12 DXL stores in 2011, 20 to 30 in 2012

    Canton, Mass. -- Casual Male Retail Group has opened its eighth DestinationXL (DXL) location to date, in Westport, Conn. DXL is Casual Male’s new superstore format, housing Casual Male’s four existing apparel businesses: Casual Male XL, Rochester Big & Tall, Shoes XL and B&T Direct.

    The company plans to open up to 12 DXL stores during the balance of 2011, another 20-30 stores during 2012 and approximately 100 stores over a four to five year period.

  • Expanded Publix to be unveiled in Boynton Beach redevelopment

    Columbia, S.C. -- Shopping center owner Edens & Avant said Wednesday that an expanded new Publix will open Sept. 2012 at Sunshine Square retail center in Boynton Beach, Fla.

    The centerpiece of the multi-million dollar redevelopment, the new 54,000-sq.-ft. Publix will be more integrated into the overall center, one aspect of a larger plan to improve shopper circulation that also includes enhanced vehicular and pedestrian access.

    The existing Publix store is scheduled to close Sept. 24.

  • Express makes Canada debut, plans 56 stores in five years

    New York City -- Express said Thursday that it has opened its first Canadian location, a 10,000-sq.-ft. store at Fairview Mall in Toronto.

    The retailer said it plans to open a total six stores in Canada by the end of 2011, and an additional 50 stores across the country over the next five years.

    In November, Express will have three locations opening in Calgary at Southcentre, Chinook Centre and Market Mall as well as an additional store in Toronto at Square One.

  • Nordstrom Rack will open in Manchester, Mo.

    Seattle -- Nordstorm plans to open a Nordstrom Rack in Manchester, Mo., a suburb of St. Louis.
     
    The new 35,000-sq.-ft. store is scheduled to open in fall 2012. Construction of the store will begin immediately, according to Mark Sedgwick, managing director of St. Louis-based Pace Properties, L.L.C., which will develop and own the building where Nordstrom Rack will be located.
     

  • LandMark Retail Group partners with Accubranch

    Woodland Hills, Calif. -- LandMark Retail Group, a subsidiary of NewMark Merrill Cos., has partnered with Accubranch, a strategic planning and market research group that specializes in providing real estate advice to the regional banking industry.

  • Lee & Associates names execs

    Chicago -- Commercial real estate firm Lee & Associates said it has added two senior VPs to its Chicago office.

    Joseph Herron and Jason Sorce have both joined Lee & Associates Chicago as part of the firm’s expansion in the Midwest.

    The firm also recently added Robyn Smart as a senior advisor in its Indianapolis office.

    Herron joins Lee & Associates from Mid-America Real Estate Corp., where he spent 10 years as a retail broker. Sorce was previously with SRS Real Estate Partners and NAI Hiffman.

  • Mid-America signs several large leases across Great Lakes region

    Oakbrook Terrace, Ill. -- Mid-America Asset Management announced that among the new leases the firm has signed in July and August, there were several large transactions spread across Chicagoland, Southeast Wisconsin and Northwest Indiana.

    In Aurora, Ill., home furnishings retailer Premier Furniture Outlet leased 38,975 sq. ft. at Aurora Marketplace, opening in September 1. Anchors include Sports Authority and Hobby Lobby.  
     

  • Macy’s going smaller in Pittsburgh

    New York City -- Macy's is reducing the size of its store in downtown Pittsburgh from nine floors of retail space to six (plus a mezzanine).

    The company has been moving some departments to lower floors since early this year. The store will remain open during the renovations.

    "The store is being reconfigured for better flow among departments, making shopping easier and more convenient," the company said in a statement.

  • Jones Lang LaSalle to manage Century III Mall

    West Mifflin, Pa. -- Atlanta-based Jones Lang LaSalle announced that it was named as the property and leasing manager for Century III Mall, a 1.2 million-sq.-ft. regional shopping and retail center located in West Mifflin, Pa., near Pittsburgh.

    The mall houses more than 100 retail shops, anchored by Macy's, J.C. Penney, Sears and Dick's Sporting Goods.

  • Omega, Pandora among new retailers at Mall at Short Hills

    Short Hills, N.J. -- The Mall at Short Hills, in Short Hills, N.J., is now home to new retailers Omega and Pandora, which opened recently in the regional shopping center. Omega opened a flagship store near Nordstrom on the upper level, and jeweler Pandora opened on the lower level near Macy’s.

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