REAL ESTATE

Forever 21 to open at The Shops at SkyView Center
Flushing, New York - The Shops at Sky View Center announced that Forever 21 has signed a lease with plans to open at the Queens shopping destination this coming spring. The store, to be located on Level D across from Nordstrom Rack, will occupy a 10,093 sq. ft.
The Container Store and more opening stores at Westchester’s Ridge Hill
Yonkers, New York - Forest City Ratner Companies, owner and developer of Westchester’s Ridge Hill in Yonkers, New York, announced that The Container Store will occupy 25,000 sq. ft. on Market Street across from The Whole Foods Market Yonkers.

Paster Enterprises rebrands to Paster Properties

St. Paul, Minnesota - Shopping center developer and manager Paster Enterprises has rebranded to Paster Properties, and has debuted a new look and website.
RPAI acquires Avondale Plaza

Redmond, Washington - Retail Properties of America, Inc. announced the purchase of Avondale Plaza, a 39,000-sq.-ft. neighborhood shopping center in Redmond, Washington (Seattle MSA). The center is located on Avondale Road, and is anchored by PCC Natural Markets. The purchase price was approximately $15 million.
Real estate report: Luxury retail is a high-growth category

Seattle - Colliers International released the highlights of its latest global retail report – examining 125 retail real estate markets in 50 countries – and found that luxury retail continues to show strong growth in the top global markets and prime cities in Asia.
Cabela’s expanding retail footprint with two new stores

SIDNEY, Nebraska — Cabela’s Inc. is expanding into new markets, with plans to open a store in Gainesville, Virginia, and Ottawa, Ontario, Canada.
Miracle Mile welcomes new retail tenants

Chicago -– During the upcoming winter, Miracle Mile Shops at Planet Hollywood Resort & Casino will convert nearly 6,000-sq.-ft. of open space into four new retail destinations by welcoming M•A•C Cosmetics, Desigual and Lush Fresh Handmade Cosmetics and opening a larger, renovated House of Hoops by Foot Locker. M•A•C Cosmetics opens in December, followed later in the winter by global apparel retailer Desigual.
Square One mall unveils $60-million wing, launches $480-million expansion

Mississauga, Ontario -- Canadian mall Square One has opened its newly renovated and expanded $60-million North side wing, featuring new stores and enhanced amenities and services in 78,000 sq. ft. The opening marks the completion of the second phase in Square One's multi-phase redevelopment, which will increase retail space to 2.1 million sq. ft. by 2016 and represents a total investment of more than $480 million.
Store of the Week: Starbucks, Seattle

There are more than 20,000 Starbucks around the globe, but only one of those stores—specifically the one in the artsy Fremont section of Seattle— has a five-foot tall neon letter “f” inside it. Read more
DDR exits joint venture in Buffalo

Beachwood, Ohio -- DDR Corp. announced the sale of an 11-property portfolio--located primarily in the Buffalo MSA that was previously held in joint venture with Kuwaiti Financial Centre II--for a total of $154 million. The portfolio was comprised of small-format traditional grocery-anchored centers and single tenant non-prime assets.