REAL ESTATE

  • Englewood Construction launches work on Shops at North Bridge

    Chicago -- Englewood Construction said Tuesday that its restaurant group has secured a project for Macerich and Darden Restaurants Inc. that will deliver a new Seasons 52 to The Shops at North Bridge, located on Chicago’s Michigan Ave and owned by Macerich.

    Englewood will perform landlord infrastructure work for Macerich at a 9,249-sq.-ft. space and then commence a build-out for Seasons 52 at the same location.

    Seasons 52 is owned and operated by Orlando, Fla.-based Darden Restaurants Inc.

  • Two new Nordstrom Racks in the works

    Seattle -- Nordstrom announced that it plans to open a Nordstrom Rack in downtown Washington, D.C., at the 1800 L Street, NW building. The approximately 35,000-sq.-ft. store is scheduled to open in spring 2013.

    The retailer also plans to open a Nordstrom Rack at Columbia Crossing in Columbia, Md., a shopping center that is owned and operated by Kimco Realty Corp. The approximately 40,750-sq.-ft. store is expected to open in spring 2013.

     

  • Target to open store in Pomona, Calif.

    Minneapolis -- Target announced plans to open a 140,000-sq.-ft. store in Pomona, Calif., in October 2013.

    To date, Target has announced plans to open 16 Target stores in 2013.

     

  • Galleria at Tyler names GM

    Riverside, Calif. -- Chicago-based General Growth Properties announced it has named Jim Fuson as the new general manager for Galleria at Tyler, located in Riverside, Calif.

    Effective September 2012, Fuson as general manager is responsible for the overall shopping center with primary focus on development, leasing, and increasing the value of the asset.  In addition, he will be overseeing the administration, operations, marketing, business development, capital improvements and the strategic plan developed for the center.
     

  • Brixmor announces pair of lease executions with Sleepy’s

    New York -- Brixmor Property Group said that Sleepy’s will open a 10,000-sq.-ft. store at Carolina Pavilion in Charlotte, N.C., and a 6,150-sq.-ft. store at Franklin Square in Gastonia, N.C.

    Brixmor, based in New York City, owns both of the shopping centers.

     

  • Dress Barn to open at Rockland Plaza

    Nanuet, N.Y. -- Brixmor Property Group said that Dress Barn will open a 7,572-sq.-ft. store at Rockland Plaza, located in Nanuet, N.Y.

    Brixmor, based in New York City, is the owner of Rockland Plaza.

  • Claire's makes Italy and Luxembourg debuts

    Chicago -- Claire's Stores announced Wednesday the recent opening of company-owned-and-operated Claire's stores in Italy and Luxembourg, bringing the retailer’s European presence to 15 countries.

    According to Claire’s European president Beatrice LaFon, the first Italian store was opened in the Milan Fiordaliso shopping centre, and the first Luxembourg store was opened in Esch Sur Alzette on Rue de l'Alzette.

    During December, the company said it also plans to enter Indonesia on a franchise basis.

     

  • Vintage Real Estate acquires Heritage Mall

    Albany, Ore. -- Vintage Real Estate announced that the company has acquired Heritage Mall, located in Albany, Ore.

    The 406,500-sq.-ft. mall features more than 50 major retailers, boutiques and restaurants including Target, Sears, Ross Dress for Less and Old Navy, Maurice’s, rue 21, Zumiez, Famous Footwear, Game Stop and Bath & Body Works. It was remodeled in 2006 and is 50% occupied.

  • Baker Storey McDonald acquires Whitesburg Center

    Huntsville, Ala. -- Nashville-based Baker Storey McDonald, an X Team International partner, said it has acquired its first property in Huntsville, Ala. The firm purchased Whitesburg Center for $6.7 million.

    The 51,943-sq.-ft. shopping center is tenanted by Dollar Tree, Mattress Firm, Cheeburger Cheeburger and Baskin Robbins, among others.

    Baker Storey McDonald will manage and lease the center.

     

  • David Yurman, Miu Miu to open at Westfield Valley Fair

    Santa Clara, Calif. -- Westfield announced that David Yurman and Miu Miu will open first-to-market stores at its Westfield Valley Fair property in Santa Clara, Calif. A new Prada boutique will open as well, joining other luxury retailers such as Burberry, Tag Heuer, Wolford, Mont Blanc, Louis Vuitton, Tiffany and Cartier.  

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