REAL ESTATE

Diane’s Beachwear to debut in Arizona

BY CSA STAFF

Irvine, Calif. — KTGY Group, Architecture and Planning, said that Diane’s Beachwear will be opening its newest store in Scottsdale, Ariz., at the Scottsdale Quarter in early March.

The new 1,200-sq.-ft. flagship store represents the 19-store chain’s debut outside of California. KTGY is the architect for the new Diane’s Beachwear store. Skyline Development and Construction of Norco, Calif., is the general contractor.

Diane’s Beachwear will join retailers A/X Armani Exchange, west elm, Williams-Sonoma Home, H&M, Nike, Apple and iPic Theaters at the Scottsdale Quarter.

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REAL ESTATE

Merlin Entertainment to debut attractions in Texas

BY CSA STAFF

Dallas — X Team International, an international alliance of retail real estate advisors, said Tuesday that Venture Commercial, through its Venturetainment division, assisted with site-selection efforts and completed two leases for global visitor attraction operator Merlin Entertainments Group to bring two of its iconic attraction brands to the Texas market for the first time.

Legoland Discovery Center and a Sea Life aquarium will open later this year in the Mills/Simon-owned Grapevine Mills Mall, located just north of DFW Airport. The mall is anchored by AMC Theatres, J.C. Penney, Last Call by Neiman Marcus, Marshalls and Saks Fifth Avenue Off 5th.

The Legoland Discovery Center will be approximately 35,000 sq. ft., while Sea Life will occupy two levels at approximately 45,000 sq. ft.

Venture Commercial assisted Merlin’s national advisor Samuels & Co.

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Woolbright acquires Village Commons

BY CSA STAFF

West Palm Beach, Fla. — Boca Raton, Fla.-based Woolbright Development announced that it has acquired Village Commons shopping center, located in West Palm Beach, Fla.

Woolbright will oversee the center’s leasing, property management, construction management, marketing and promotions.

The 169,000-sq.-ft. open-air center is anchored by Publix and CVS. Additional retailers and restaurants in the center include Starbucks, Panera Bread, Coldstone Creamery, PNC Bank, and Duffy’s Sports Bar and Grill. Village Commons features a Mediterranean-inspired design with lush landscaping, decorative tile accents and a prominent courtyard area.

“Our immediate goals are to fill the vacancies and invest in the overall appearance and atmosphere at the center,” said Jorge Morell, VP Woolbright. “In addition to making the center more attractive, we will roll out our marketing programs to assist the tenants in growing their businesses.”

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