REAL ESTATE

  • Haberdash to launch new retail format

    Chicago -- Men’s lifestyle retailer Haberdash will unveil a new retail "Convergence" concept at its store at the Roosevelt Collection in Chicago's South Loop.

    The "Convergence" model integrates the company's daily e-commerce operations into the store location; photo studio, pick, pack and ship and client services.

  • Mid-America arranges sale of Buttermilk Towne Center

    Cincinnati -- Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Buttermilk Towne Center in Crescent Springs (Cincinnati MSA), Kentucky. The 277,533-sq.-ft. center was purchased by Farmington Hills, Mich.-based Ramco-Gershenson Properties Trust for $42 million.

  • Eastwood Towne Center signs J. Jill

    Oak Brook, Ill. - Eastwood Towne Center has signed J.Jill, who selected Eastwood Towne Center as their only location in Central Michigan. This follows on the heels of recent opening announcements by Apple, Sephora, Gymboree and a newly expanded Forever 21, also exclusive to Eastwood in Central Michigan.

    The 3,600-sq.-ft. J. Jill store will be located next to Express and American Eagle. J.Jill is expected to open in the late fall.

  • West Elm to open in Pittsburgh

    Brooklyn, N.Y. -- Home furnishings retailer West Elm will open a store in Pittsburgh, on Sept. 4.

    Located in Bakery Square, the new store will feature a curated selection of products made in Pennsylvania, part of West Elm’s Local initiative. The initiative, launched this year, taps into local entrepreneurship by empowering the teams in West Elm stores to find area makers and designers, building and nurturing a creative network that celebrates craftspeople and differentiates the brand with regional assortments.

  • Mid-America to represent Yoga Six in new tenant roll-out

    Chicago -- Mid-America Real Estate Corporation has recently been retained as an agent on behalf of Yoga Six during its multiple store roll-out in the Chicago area.

    Yoga Six has signed two new leases in the Chicago area. The retailer signed on for 6,626 sq. ft. at 1150 North State in Gold Coast and 6,028 sq. ft. at Roosevelt Collection in South Loop. The yoga studio currently has one location in Lincoln Park and plans to open five stores in the Chicago area by 2015.

     

  • Four tenants join Shoppes at Susquehanna Marketplace

    Harrisburg, Pa. -- The Shoppes at Susquehanna Marketplace, in Susquehanna Township, Pennsylvania, is celebrating its 10th anniversary by adding dining, spa services and two in-demand retailers, announced The Shoppes’ owner and developer, Stanbery Development.

  • JLL adds trio of retail experts in Florida

    Orlando, Fla. -- JLL continues to build its retail brokerage practice in Florida with the addition of Andrew Dieringer, Terrence Hart and Brandon Delanois. The trio bring more than 40 years of retail agency leasing and tenant representation experience to the team, and will be based in the firm’s Orlando office. Together, they will partner with John Lambert, Florida Retail Market Lead for JLL, and Justin Greider, VP of JLL, to help investors achieve their asset goals and work with retailers to identify and secure optimal new locations.

  • Pine Tree acquires Poplar-Prairie Stone Crossing

    Chicago -- Pine Tree Commercial Realty has acquired Poplar-Prairie Stone Crossing, a class-A power shopping center located in the Northwest Chicago suburb of Hoffman Estates, Illinois. The recent acquisition is Pine Tree’s 70th and brings the company’s current portfolio to 3.4 million sq. ft. in 19 separate properties.

    The 312,000-sq.-ft. shopping center is shadow-anchored by Target and features TJ Maxx, Michaels, Ross Dress for Less, PetSmart, Lane Bryant, and Sports Authority.

  • On the Move

    One retail category that’s been fascinating to watch evolve over the last several years is the women’s athletic apparel segment. Judging by the number of times reporters have asked me about women’s athletic apparel retailers in the last few months, I’m not the only one who thinks so.

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