REAL ESTATE

Corvallis Market Center leases to specialty grocer

BY CSA STAFF

Corvallis, Ore. Jacksonville, Fla.-based Regency Centers announced the lease of Trader Joe’s at Corvallis Market Center, in Corvallis, Ore. The store is slated to open next year

Construction of the 12,000-sq.-ft. store will begin in August and is scheduled for completion in late 2009, according to Regency.

In addition to the Trader Joe’s lease announcement, the 84,548-sq.-ft. shopping center is 100% leased with national merchants including T.J. Maxx, Michaels, Famous Footwear and Dress Barn, along with regional and local restaurants, retail and service businesses.

Regency Centers closed on the land acquisition for Corvallis Market Center in February 2007 and opened the center in April 2008. Corvallis Market Center and the 71,000-sq.-ft. Tanasbourne Market Center in Hillsboro, Ore., are the newest shopping centers among 11 in Oregon that are owned and operated by Regency Centers.

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REAL ESTATE

J.C. Penney, Ulta ink deal for new stores

BY CSA STAFF

Pleasant Prairie, Wis. Mid-America Asset Management and Mid-America Real Estate-Wisconsin said Tuesday that J.C. Penney and Ulta have leased space at Shoppes at Prairie Ridge, a 365,000-sq.-ft. shopping center in Pleasant Prairie, Wis.

J.C. Penney’s grand opening will be July 31, and Ulta is currently slated to open Nov. 2 of this year.

Other national tenants that are part of the new development include Target, Dick’s Sporting Goods, PetSmart and Maurice’s.

Mid-America Asset Management is a member of the Oakbrook Terrace, Ill.-based Mid-America Real Estate Group and a ChainLinks affiliate.

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REAL ESTATE

Anthropologie to open at The Shops at The Bravern

BY CSA STAFF

Bellevue, Wash. Schnitzer West said Tuesday that Anthropologie will open a store in The Shops at The Bravern when the center opens Sept. 12.

The Bravern Anthropologie store will open in 10,700 sq. ft. The Shops are currently under construction and scheduled to open this September as part of the 1.6 million sq. ft. mixed-use development at the gateway to downtown Bellevue, Wash.  

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