REAL ESTATE

  • Jared leases three stores in Texas

    Dallas — Jared, The Galleria of Jewelry, has signed leases for new locations in Lubbock, Corpus Christi and Midland, Texas, according to Venture Commercial Real Estate, which represented Jared in the transactions. All locations are under construction and expected to open soon.

  • H.J. Martin and Son helps Penney complete in-store shops project

    Green Bay, Wis. -- H.J. Martin and Son helped J.C. Penney add two new in-store shops: Disney and GiggleBaby.

    Fifty crews of two people – 100 total – from H.J. Martin were dedicated to the project, which spanned two-and-a-half weeks from mid-September until early October. In all, H.J. Martin performed the work in 218 Penney stores across the United States, with the exception of the south and southeast.

  • Premium Outlets expands in Johor Malaysia

    Johor, Malaysia — Genting Simon, a joint venture between Genting Group and Simon Property Group, has announced the opening of the second phase of Johor Premium Outlets in Johor, Malaysia.

    The expansion has added 40 new stores and 100,000 sq. ft. to the center, bringing the store total to 120.

  • La Perle Spa and Salon takes Rutgers Plaza space

    Franklin Township, N.J. — La Perle Spa and Salon has leased 1,802 sq. ft. at Rutgers Plaza in Franklin Township, N.J., according to Levin Management, the exclusive leasing and managing agent for the 266,650-sq. -ft. center.

    Co-anchored by a 74,000-sq.-ft. Stop & shop and a 98,684-sq.-ft. Kmart, Rutgers Plaza tenants include Office Depot, Dollar Tree, RadioShack, GameStop, Dressbarn, Chase Bank, Plaza Cleaners, Anthony’s Pizza, Venus Jewelers and Burger King.

  • PREIT completes sale of Chambersburg Mall

    Philadelphia — Pennsylvania Real Estate Investment Trust has completed the sale of Chambersburg Mall in Chambersburg, Pa., for $8.8 million.The sale marks another step in PREIT’s continuing effort to improve the quality of its portfolio through the sale of non-core assets. Net proceeds from the transaction totaled approximately $8.4 million.

  • Tanger Outlets National Harbor grand opening

    Greensboro, N.C. — Tanger Outlets National Harbor will celebrate its grand opening on Nov. 22. The outlet store line up includes: White House | Black Market, Calvin Klein, Gap, Halston Heritage, American Eagle Outfitters, Tommy Hilfiger, Banana Republic, Theory, Elie Tahari, Brooks Brothers, Aeropostale, Coach, Hugo Boss, J. Crew, Peter Millar, Diane von Furstenberg, Le Creuset and more.

    The 340,000-sq. ft. center is located just minutes from the U.S. Capital.

  • Poll: Retailers expect shoppers earlier this year

    North Plainfield, N.J. — Levin Management’s annual pre-holiday retail sentiment survey has found that retailers expect consumers to begin their holiday shopping sooner this year. Specifically, Levin said that 43.3% of responding retailers believe that holiday sales will peak prior to and during the Thanksgiving/Black Friday weekend sales period.

    Only 13.5% believe that sales will peak later — during the weekend before Christmas, a significant drop from last year’s 29.2%.

  • Lane Bryant opens three new stores

    Suffern, N.Y. — Lane Bryant has opened new stores in Kentucky, New Jersey and Texas. The Kentucky store is located at The Shoppes at Gary Farms in Bowling Green. In New Jersey, the new Lane Bryant has opened at Willow Ridge Plaza in Marlton. The third location is in the Chimney Rock Shopping Center in Odessa, Texas.

    Lane Bryant is a wholly owned subsidiary of Ascena Retail Group.

     

  • Bassett Place opens Premiere/IMAX

    Dallas — The new IMAX Theatre will open at Premiere Cinema IMAX at Bassett Place in El Paso, Texas, on Nov. 21. The new IMAXS screen replaces two standard screen auditoriums. The theater also needed a new 45-ft. high roof to accommodate the new technology. The El Paso location will have one of the largest IMAX theatres in Texas, with a screen 70-ft. long by five stories tall.

  • Trabocco Kitchen signs into Alameda South Shore

    Alameda, Calif. — Trabocco Kitchen and Cocktails, a new restaurant founded by Alameda residents Chef Giuseppe Naccarelli, a native of Palombaro, Italy, and his wife Christine, will open Nov. 18 at South Shore Center in Alameda. The 4,700-sq.-ft. restaurant is located in Center Court, the shopping center’s main plaza.

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