REAL ESTATE

Desigual to open flagship store on the 3rd Street Promenade

BY CSA STAFF

Santa Monica, Calif. — Privately held European women’s apparel retailer, Desigual, said it has leased nearly 6,400 sq. ft. on the 3rd Street Promenade in Santa Monica from landlord Promenade Gateway, an affiliate of Maxxam Enterprises.

The store will serve as Desigual’s flagship West Coast location. The retailer currently has more than 170 retail locations and approximately 450 shop-in-shops in major department stores across Europe and Asia.

Desigual said it plans to move into its ground floor space at Promenade Gateway as soon as tenant improvements are completed in the next few months.

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REAL ESTATE

RadioShack opens at North Haven Pavilion

BY CSA STAFF

North Haven, Conn. — Purchase, N.Y.-based National Realty & Development Corp. said that RadioShack has opened for business at North Haven Pavilion, located in North Haven, Conn.

Target, Sports Authority and Michaels anchor the 274,000-sq.-ft. center.

RadioShack opened on Jan. 11 and leased a 2,200-sq.-ft. space.

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La Palmera launches smart phone app

BY CSA STAFF

Corpus Christi, Texas — La Palmera shopping center, located in Corpus Christi, Texas, said it has launched a new smart phone application designed for all smart phone platforms, including Android, Blackberry and iPhone.

The new app, in development since September 2010, officially launched with a La Palmera Facebook posting to its 6,600 fans.

After downloading the app, shoppers will be asked to create a profile, including shopping preferences and categories where they would like to find special deals. The app offers a variety of categories: “Shop,” for a list of all stores; “Dine,” for all available dining options; and “Indulge,” for all the ways to get pampered at La Palmera. Users will also find a “Map” tab for a mall directory and list of stores as well as “Deals” tab to bring up all current promotions in one place. Store information, including specials can also be accessed individually for each of the more than 100 La Palmera tenants with links to call the store directly or to visit the store’s website, if available.

La Palmera is a 1 million-sq.-ft. super-regional mall with more than 100 retail and restaurant tenants including Dillard’s, J.C. Penney and Macy’s. Obtained in July 2008 by Trademark Property, La Palmera is the first mall to be LEED-CS pre-certified pursuing Silver certification by the U.S. Green Building Council. Following a $50 million renovation, the mall features a new outdoor main entrance featuring P.F. Chang’s and Grimaldi’s, 600-seat food court with a 4,500-gallon feature aquarium and a children’s ocean-themed play area.

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