REAL ESTATE

Giant Food to open in Philadelphia

BY CSA STAFF

New York City Giant Food, a subsidiary of Ahold, plans to open its first store in Philadelphia.

The store is part of a 156,000-sq.-ft. development in the northeast area of the city that is scheduled to begin later this year.

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REAL ESTATE

Nordstrom Rack to relocate in downtown Seattle

BY CSA STAFF

Seattle Nordstrom said Tuesday it will relocate its downtown Seattle Nordstrom Rack from the Broadacres building on Second Avenue to Westlake Center at the corner of Fifth Avenue and Pine Street.

The relocated Nordstrom Rack is scheduled to open in spring 2012. The new 42,500-sq.-ft. Nordstrom Rack will have 30% more selling space, allowing the retailer to offer customers a larger selection of merchandise.

The relocated Rack will have a street-level entrance at the corner of Fifth Avenue and Pine as well as an entrance off the Downtown Seattle Transit Tunnel corridor at Westlake Station. The store will be below street grade in a single-level space.

Nordstrom currently operates 193 stores located in 28 states.

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New retail leases signed at Plantation Plaza

BY CSA STAFF

Jacksonville, Fla. Regency Centers said Tuesday it has leased retail space in Jacksonville, Fla., to two new merchants at Plantation Plaza.

Publix Liquor Store has leased 1,400 sq. ft., and Race Track Road Animal Hospital has leased 2,800 sq. ft.

The 77,747-sq.-ft. Plantation Plaza is anchored by a 44,840-sq.-ft. Publix Super Market, plus Blockbuster Video, Papa John’s Pizza and Great Clips.

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