REAL ESTATE

Chef Bobby Flay opens Bobby’s Burger Palace at Cherry Hill Mall

BY Staff Writer

Cherry Hill, N.J. — Philadelphia-based Pennsylvania Real Estate Investment Trust said that Bobby’s Burger Palace is now open at Cherry Hill Mall, in Cherry Hill, N.J.

Acclaimed cef Bobby Flay’s BBP joins Bahama Breeze, California Pizza Kitchen, Maggiano’s Little Italy and Seasons 52 along the mall’s Bistro Row, facing Route 38 near the new Nordstrom.

In addition to Bistro Row’s selection of white-linen restaurants, The Capital Grille is located on the Haddonfield Road side of the mall, and The Bistro at Cherry Hill and the Cherry Hill Cafés 11-unit food court are inside the shopping center. Pure Health Bar is set to open this fall, and Grand Lux Café by The Cheesecake Factory will open in fall 2012.

In 2011, Cherry Hill Mall has also welcomed Michael Kors, Brookstone, Clarks, Hugo Boss, Lids Locker Room, Lush, Red Mango, Traffic and Zumiez, and True Religion and Fashion to Figure are set to open this year.

The store openings are part of the mall’s $200 million complete renaissance, which includes the addition of white-linen restaurants Seasons 52, Maggiano’s Little Italy, The Capital Grille, and California Pizza Kitchen; a new parking deck; the addition of an upscale retail wing; a redesigned and relocated food court now called Cherry Hill Cafés, and extensive interior and exterior renovations.

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REAL ESTATE

Coldwater Creek, Buckle open at Premier Centre

BY Staff Writer

Mandeville, La. — Covington, La.-based Stirling Properties said that Coldwater Creek and Buckle have opened at Premier Centre, a 295,000-sq.-ft. grocery-anchored center in Mandeville, La.

Buckle’s 5,000-sq.-ft. store is its 11th location in Louisiana. Coldwater Creek’s 4,833-sq.-ft. store is its fifth in the state.

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REAL ESTATE

Pine Tree Silverpeak JV teams with Privet to acquire Alabama center

BY Staff Writer

Northbrook, Ill. — Pine Tree Silverpeak Retail Partners, a joint venture between Northbrook, Ill.-based Pine Tree Commercial Realty and New York City-based Silverpeak Real Estate Partners, recently teamed up with New York City-based Privet Investments in the acquisition of Hamilton Place Shopping Center in Auburn, Ala.

The partners purchased the grocery-anchored shopping center from an Alabama-based developer, assuming existing financing. Publix anchors the 79,540-sq.-ft. center.

Pine Tree Commercial Realty will be handling the property management and will share leasing responsibilities with The Shopping Center Group, based in Birmingham, Ala.

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