REAL ESTATE

CBL, Horizon break ground on second phase of Outlet Shoppes at Oklahoma City

BY Katherine Boccaccio

Chattanooga, Tenn. — CBL & Associates Properties and Horizon Group Properties said Tuesday that construction will begin immediately on the second phase of The Outlet Shoppes at Oklahoma City.

The 28,000-sq.-ft. expansion is scheduled to open in November and will bring Columbia Sports, Ann Taylor Loft, Waterford, Kenneth Cole, Lucky Brand and more to the center.

“The outstanding selection of stores and eateries at The Outlet Shoppes at Oklahoma City has directly led to the strength of the center’s performance,” said Michael Lebovitz, executive VP – development & administration for CBL.

The expansion comes less than 10 months after the original opening of the outlet shopping center, which, said Gary J. Skoien, CEO of Horizon Group Properties, “speaks to the strength of the market and the concept. As well, we have the capacity to further expand the center by an additional 31,700 sq. ft. and we expect to continue to add to the roster of top-shelf stores at the center.”

Completion of Phase II is scheduled prior to the 2012 holiday season.

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REAL ESTATE

CountryMax opens at Geneseo Towne Plaza

BY Staff Writer

Geneseo, N.Y. — Purchase, N.Y.-based National Realty & Development Corp. said that CountryMax, a family-owned and operated retailer of pet, farm and lawn & garden supplies, has opened at Geneseo Towne Plaza, in Geneseo, N.Y.

CountryMax opened at the center April 4th and occupies 17,600 sq. ft. In addition to CountryMax, the center is anchored by The Goodwill Store and Grossman’s Bargain Outlet.

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REAL ESTATE

Divaris names head of Washington, D.C., office

BY Staff Writer

Rockville, Md. — Divaris Real Estate, Virginia Beach, Va., said that Joseph Farina has been named manager of the firm’s Washington, D.C., regional office located in Rockville, Md.

Farina will focus on commercial sales and leasing services to support the expansion of DRE’s portfolio of leased and managed properties in the greater D.C., metropolitan area.

Besides owning and operating his own commercial real estate firm Farina Real Estate Services, Farina has worked as a broker with the National Retail Group of Marcus & Millichap Real Estate Investment Services.

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