REAL ESTATE

Saks to close store in Hackensack, N.J.
New York -- Saks Fifth Avenue announced that it plans to close its Saks Fifth Avenue store in the Shops at Riverside in Hackensack, N.J. The store is expected to close in late 2014. “Closing a location is never an easy business decision. At this time, we are committed to offering support and assistance to our team affected by the closing,” commented Marigay McKee, President of Saks Fifth Avenue.
The Fresh Market opens at The Village at Livingston
Livingston, N.J. -- The Fresh Market celebrated its official opening at The Village At Livingston with “cracking the parmesan,” a centuries-old art and company tradition. The store, which occupies 23,000 sq.ft at the 93,000-sq.-ft. shopping center managed and developed by Eastman Companies, marks the upscale specialty grocer’s third location in New Jersey.

Macerich Malls and HGTV partner for high-tech “Santa HQ” experience

New York -- HGTV will launch “Santa HQ,” an immersive experience that transforms the traditional visit with Santa Claus into an interactive journey, at 10 Macerich malls across the country, starting on Nov. 4, and lasting through Dec. 24.
Simon malls to offer Ziploop mobile shopping app

Indianapolis –- Simon malls will feature the Ziploop mobile shopping app during the 2014 holiday season. The app stores paper, cards, coupons and certificates and stores them on a mobile device, tablet or desktop.
The White Company debuts stylish new store concept

London -- The White Company is showing off a new store concept that delivers a lifestyle-led experience modeled on a journey through the home. The 4,000 sq.ft. store, in Norwich (United Kingdom), builds on the British home goods retailer’s heritage to create an aspirational, curated retail experience. A feeling of accessible luxury permeates the welcoming space.
Savills Studley promotes Stephen G. Berliner to executive VP, New York tri-state region

New York, N.Y. -- Savills Studley, a global commercial real estate services firm specializing in tenant representation, announced the promotion of Stephen G. Berliner executive VP & branch sanager, New York Office to executive VP, New York Tri-State Region.
Mattress Firm to open at Brookwood Village

Birmingham, Ala. -- Brookwood Village, a mixed-use development located in the affluent Mountain Brook and Homewood area of Birmingham, Ala., announced that leading specialty bedding company Mattress Firm will join the shopping center’s merchant roster in 2015.
Mall at University Town Center opens in Florida

Bloomfield Hills, Mich. -- The Mall at University Town Center has opened in Sarasota, Fla. Featuring more than 100 retailers and restaurants, well over half of which are unique to the Sarasota-Manatee market. The Mall at UTC is the only newly built enclosed regional shopping center to open in the United States this year.
Ross Stores opens 28 new stores in Sept. and Oct.

Dublin, Calif. –- Ross Stores opened 20 new Ross Dress for Less and eight new DD’s Discounts stores across 14 different states in September and October. These new locations are part of the off-price retailer’s plans to add a total of approximately 75 Ross and 20 DD’s Discounts stores during 2014.
Cushman & Wakefield | Commerce secures leasing assignment for Pawn Plaza in Las Vegas

Las Vegas -- Cushman & Wakefield | Commerce has been awarded the leasing assignment for Pawn Plaza in Las Vegas, Nevada. The new retail project will be located along Las Vegas Boulevard next to the World-Famous Gold & Silver Pawn Shop, which is featured on cable channel History’s No. 1 show, “Pawn Stars.”