\r\n \r\nThe mall houses more than 100 retail shops, anchored by Macy's, J.C. Penney, Sears and Dick's Sporting Goods. \r\n \r","showSummary":null,"url":"/real-estate/jones-lang-lasalle-manage-century-iii-mall","date":"2011-09-21T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Omega, Pandora among new retailers at Mall at Short Hills","id":15323,"bundle":"article","summary":"
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. \r\n \r","showSummary":null,"url":"/real-estate/omega-pandora-among-new-retailers-mall-short-hills","date":"2011-09-21T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Vornado ups stake in J.C. Penney","id":15351,"bundle":"article","summary":"
Plano, Texas -- J.C. Penney Co. said Monday in a regulatory filing that it has allowed shopping center owner Vornado Realty Trust to increase its stake in the department store retailer, from 9.9% to 15.4%. \r\n \r\nThe move eases a poison-pill restriction that had prevented Vornado from previously buying additional J.C. Penney shares. It mirrors a deal struck with Penney’s largest shareholder William Ackman, who received the go-ahead to up his stake, held through his Pershing Square Capital Management hedge fund, from 16.5% to as much as 26.1%. \r\n \r","showSummary":null,"url":"/real-estate/vornado-ups-stake-jc-penney","date":"2011-09-20T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Aaron’s selects Lucernex for store life cycle management solution","id":15338,"bundle":"article","summary":"
Dallas -- Lucernex Technologies said Tuesday that Aaron’s has selected Lucernex’s Lx Retail to manage its over 1,800 stores in 48 states and Canada. \r\n \r\n“After evaluating our operational requirements, we realized that we needed more than just a replacement for our legacy lease administration system. We needed an integrated approach to managing our real estate. Lucernex offers a solution that will allow us to manage the entire store life cycle in one database and on one platform,” said senior VP real estate, Paul Doize. \r\n","showSummary":null,"url":"/real-estate/aarons-selects-lucernex-store-life-cycle-management-solution","date":"2011-09-20T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Simon Property Group recognized for climate disclosure","id":15340,"bundle":"article","summary":"
Indianapolis -- Shopping center owner Simon Property Group said Tuesday that it has again been recognized by the Carbon Disclosure Project with inclusion in its Carbon Disclosure Leadership Index. \r\n \r","showSummary":null,"url":"/real-estate/simon-property-group-recognized-climate-disclosure","date":"2011-09-20T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Five Guys to open mall location in Queens","id":15348,"bundle":"article","summary":"
Flushing, N.Y. -- Five Guys Burgers and Fries said Monday is has opened a new location at Sky View Center, located in Flushing, N.Y. \r\n \r\nThe upscale fast-food chain has opened a 2,000-sq.-ft. location on level B of the 800,000-sq.-ft. regional mall, and is one of 200 new franchises opening in 2011 for the chain. \r\n \r","showSummary":null,"url":"/real-estate/five-guys-open-mall-location-queens","date":"2011-09-20T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"7-Eleven to acquire 28 Pacific Convenience locations, will remodel/rebrand all","id":15333,"bundle":"article","summary":"
Dallas -- 7-Eleven is acquiring the retail interests of 28 locations owned by Pacific Convenience & Fuels LLC. \r\n \r\nThe acquisition includes sites in California, Oregon, Washington and Colorado, and is slated to close in fourth quarter 2011. Terms of the transaction have not been disclosed. \r\n \r\nAll of the locations will be rebranded as 7-Eleven and will retain the Conoco-Phillips/76 gasoline brands. \r\n \r","showSummary":null,"url":"/real-estate/7-eleven-acquire-28-pacific-convenience-locations-will-remodelrebrand-all","date":"2011-09-20T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Rose Paving Co. completes parking lot improvements for 7-Eleven","id":15359,"bundle":"article","summary":"
Bridgeview, Ill. -- Rose Paving Co. has completed a major parking feet enhancement program at 7-Eleven locations in the northeastern United States. The project, which involved 970,463 sq. ft. of space, spanned the course of five weeks. Work ranged from two-inch mill and overlay to full parking lot reconstruction at more than 75 7-Eleven stores in Maryland, New Jersey, and Virginia -- all while stores remained open. \r\n \r","showSummary":null,"url":"/real-estate/rose-paving-co-completes-parking-lot-improvements-7-eleven","date":"2011-09-19T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Starbucks to expand in Latin America","id":15360,"bundle":"article","summary":"
New York City -- Starbucks Coffee Co. plans to expand in Latin America after concentrating in recent past years more on Asia, founder and CEO Howard Schultz said at a presentation in Madrid, Bloomberg reported. \r\n \r\nThe chain as about $2 billion in cash to invest in an “aggressive and opportunistic way,” Schultz said, and is especially interested in Brazil, according to the report. \r\n \r","showSummary":null,"url":"/real-estate/starbucks-expand-latin-america","date":"2011-09-19T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Nordstrom opens in Nashville","id":15368,"bundle":"article","summary":"
Seattle -- Nordstrom opened the doors to its newest store, in Nashville, Tenn. \r\n \r\nThe 149,000-sq.-ft. store is located in The Mall at Green Hills. \r\n
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.
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.
Plano, Texas -- J.C. Penney Co. said Monday in a regulatory filing that it has allowed shopping center owner Vornado Realty Trust to increase its stake in the department store retailer, from 9.9% to 15.4%.
The move eases a poison-pill restriction that had prevented Vornado from previously buying additional J.C. Penney shares. It mirrors a deal struck with Penney’s largest shareholder William Ackman, who received the go-ahead to up his stake, held through his Pershing Square Capital Management hedge fund, from 16.5% to as much as 26.1%.
Dallas -- Lucernex Technologies said Tuesday that Aaron’s has selected Lucernex’s Lx Retail to manage its over 1,800 stores in 48 states and Canada.
“After evaluating our operational requirements, we realized that we needed more than just a replacement for our legacy lease administration system. We needed an integrated approach to managing our real estate. Lucernex offers a solution that will allow us to manage the entire store life cycle in one database and on one platform,” said senior VP real estate, Paul Doize.
Indianapolis -- Shopping center owner Simon Property Group said Tuesday that it has again been recognized by the Carbon Disclosure Project with inclusion in its Carbon Disclosure Leadership Index.
Flushing, N.Y. -- Five Guys Burgers and Fries said Monday is has opened a new location at Sky View Center, located in Flushing, N.Y.
The upscale fast-food chain has opened a 2,000-sq.-ft. location on level B of the 800,000-sq.-ft. regional mall, and is one of 200 new franchises opening in 2011 for the chain.
Dallas -- 7-Eleven is acquiring the retail interests of 28 locations owned by Pacific Convenience & Fuels LLC.
The acquisition includes sites in California, Oregon, Washington and Colorado, and is slated to close in fourth quarter 2011. Terms of the transaction have not been disclosed.
All of the locations will be rebranded as 7-Eleven and will retain the Conoco-Phillips/76 gasoline brands.
Bridgeview, Ill. -- Rose Paving Co. has completed a major parking feet enhancement program at 7-Eleven locations in the northeastern United States. The project, which involved 970,463 sq. ft. of space, spanned the course of five weeks. Work ranged from two-inch mill and overlay to full parking lot reconstruction at more than 75 7-Eleven stores in Maryland, New Jersey, and Virginia -- all while stores remained open.
New York City -- Starbucks Coffee Co. plans to expand in Latin America after concentrating in recent past years more on Asia, founder and CEO Howard Schultz said at a presentation in Madrid, Bloomberg reported.
The chain as about $2 billion in cash to invest in an “aggressive and opportunistic way,” Schultz said, and is especially interested in Brazil, according to the report.