REAL ESTATE

  • Burberry, Tag Heuer to open at Westfield Valley Fair

    Santa Clara, Calif. -- Burberry, Tag Heuer and Wolford will join Westfield Valley Fair’s collection of luxury retailers, marking the debut of the South Bay shopping center’s first phase of significant expansion.

    The new stores will join Cartier, Mont Blanc, Louis Vuitton and Tiffany & Co. on the east side of Westfield Valley Fair.

  • LUMAS Galleries to open second U.S. store

    New York -- Prudential Douglas Elliman's Retail Group said it has arranged a long-term lease for LUMAS Galleries at 1100 Madison Avenue, between 82nd and 83rd Streets.

    The German-based art dealer’s only current U.S. location is on West Broadway in SoHo.

    LUMAS Galleries is moving into the former City Market Café space, which is surrounded by neighboring businesses such as Jonathan Adler, Peter Elliot, Lululemon, Coach, Alexis Bittar, Theory and Tumi.

     

  • Publix to enter North Carolina

    Lakeland, Fla. -- Publix Super Markets announced that it has signed a lease for its first store in the state of North Carolina. The company said it is looking forward to continued growth in the state, and that the new location will be part of a new division based in Charlotte.

    The 56,000-sq. ft. store, which will be located in Ballantyne, N.C., is scheduled to open in early 2014.
     

  • New tenant to open at Four Corners Shopping Center

    Tomball, Texas -- Houston-based Baker Katz, an X Team International partner, announced that Spec’s Wines, Spirits and Finer Foods is the newest tenant to sign a lease at Four Corners Shopping Center in Tomball, Texas. Spec’s will open a 22,000-sq.-ft. store.

  • WS Capital completes acquisition of Hilldale Shopping Center

    Chestnut Hill, Mass. -- WS Capital Partners, the institutional investment arm of WS Development, announced that it has completed the acquisition of Hilldale Shopping Center, a 474,000-sq.-ft. retail center located in Madison, Wis.

    Anchored by Macy’s, Metcalfe’s Market, Sundance Cinemas and Target, Hilldale Shopping Center serves the entire Madison metropolitan area, including the nearby University of Wisconsin-Madison.

  • Azalea regional shopping center breaks ground

    South Gate, Calif. -- Primestor Development announced that Azalea Regional Shopping Center has launched construction in South Gate, Calif. The 380,000-sq.-ft. project, expected to be completed by early 2014, will include retailers, restaurants and services in a modern setting with water features, a large open-air plaza, Wi-Fi and gathering areas.

  • Jones Lang LaSalle awarded leasing and management of Hawaii Kai Towne Center

    Honolulu -- Jones Lang LaSalle announced that it has been awarded the leasing and management of Hawaii Kai Towne Center, a 480,000-sq.-ft. mixed-use center located in Honolulu.

    Jones Lang LaSalle's retail portfolio in Hawaii also includes Windward Mall on O’ahu, Queen Ka’ahumanu Center on Maui and the Kings’ Shops on Hawai‘i Island.

  • Construction launched at Blvd Place

    Houston -- Wulfe & Co., managing partner of Blvd Place, said that construction has started on Phase II of the mixed-use development located in The Uptown District of Houston.

    Blvd Place will contain retail, office and residential components in an urban environment. This phase of the project is 60% pre-leased and will contain approximately 211,000 sq. ft. of upscale retail, restaurant and office space. The retail space will be anchored by a 48,500-sq.-ft. Whole Foods Market.

  • Dollar Tree opens at Boyertown Shopping Center

    Boyertown, Pa. -- Brixmor Property Group said that Dollar Tree has opened a 9,600-sq.-ft. store at Boyertown Shopping Center, located in Boyertown, Pa.

    Brixmor, based in New York City, is the owner of Boyertown Shopping Center.

     

  • Target to open store in East Peoria, Ill.

    Minneapolis -- Target Corp. said it will open a store in East Peoria, Ill., in March 2013.

    The store will be part of the 86-acre East Peoria Downtown development. This will be the first Target store in East Peoria.

     

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