REAL ESTATE

Boca Raton, Fla. -- Miami Beach, Fla.-based Terranova Corp. said that three new tenants will open at Polo Club Shoppes, a Publix-anchored center in Boca Raton, Fla.

Manhattan Joe’s Pizzeria will open a 753-sq.-ft. restaurant this fall; Blo and Go will open a 923-sq.-ft. salon this fall; and Hair Cuttery has opened a 1,400-sq.-ft. salon.

Moorestown, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that Kids Foot Locker has opened at Moorestown Mall, located in Moorestown, N.J.

The 2,800-sq.-ft. store is joined by such tenants as anchors Macy’s, Lord & Taylor, Sears and Boscov’s as well as specialty retailers Zumiez, Victoria’s Secret and American Eagle Outfitters and restaurants such as Pei Wei Asian Diner and Elevation Burger. The Regal Moorestown Mall Stadium 12 & Regal Premium Experience is opening in spring 2013.
 

Canton, Mass. -- Dunkin' Donuts said Wednesday it has forged an agreement with three of its existing Latin American partners to expand the brand further in the region.

The agreements call for 133 new Dunkin' Donuts restaurants to be developed over the next 10 years – 38 in Chile, 70 in Columbia and 25 in Peru.

Dunkin' currently has more than 300 restaurants across Latin America, including more than 200 locations in Chile, Colombia, and Peru, as well as locations in Ecuador, Honduras, and Panama.

Indianapolis -- Simon Property Group announced the appointment of Matthew Lentz as executive VP and chief investment officer.

In this newly created position, Lentz will be responsible for SPG's investment activity including the company's international investments. Lentz, who will be based in Simon's New York office, will serve as a key member of SPG's executive team and report directly to David Simon, SPG's chairman and CEO.
 
Lentz previously was a managing director and portfolio manager at PointState Capital in New York.

Dallas -- The Carlyle Group and Cypress Equities announced plans to develop a 250,000-sq.-ft., multi-level retail center on Market Street in the popular shopping district of San Francisco.

The one-acre site, formerly known as CityPlace, will be rebranded Market Street Place. The project is fully entitled, groundbreaking is slated for the fall of 2012 and the grand opening is scheduled for the first quarter of 2015.

Charlotte, N.C. -- Crosland Southeast announced two key hires as part of the expansion of the developer’s project management team.

Barry James has been named senior VP project management, and Mark Hebard has been named project manager.

Clayton, N.C. -- Charlotte, N.C.-based Crosland Southeast announced Monday it plans to develop a Harris Teeter-anchored shopping center in Clayton, N.C. Flowers Crossroads will be part of the master-planned Flowers Plantation development. Construction on phase one of the 125,000-sq.-ft. center is slated for a late fall 2012 launch, with an anticipated opening date of fall 2013.
 
Flowers Crossroads will be a 28-acre multi-use site anchored by the first Harris Teeter grocery store in Johnston County, just southeast of Raleigh, N.C.
 

Dallas -- Neiman Marcus Group on Monday confirmed earlier reports that it would close its Nicollet Mall store in Minneapolis.
 
The 118,000-sq.-ft. store, open since 1991, has not achieved minimum company objectives and will be closed in July 2013, said Neiman Marcus. 

The company said it doesn’t plan to relocate the store in Minneapolis.