REAL ESTATE

Giant Food Stores to open in-store cheese and specialty food shop

BY Alaric Dearment

Carlisle, Pa. — Ahold banner Giant Food Stores is opening a cheese and specialty food store in central Pennsylvania, the supermarket chain said.

Giant — also known as Giant-Carlisle to distinguish it from fellow Ahold chain Giant Foods of Landover, Md. — said it had a deal with Philadelphia-based Di Bruno Bros. to open the store inside the Giant Super Food Store in Camp Hill, Pa. The new store-within-a-store will open on Jan. 24.

"We are thrilled to welcome the celebrated Di Bruno Bros. to our Camp Hill Super Store," Giant Food Stores president Rick Herring said. "By partnering with Di Bruno Bros., we’ll be introducing our customers to an amazing variety of high-quality, innovative specialty foods and products from Philadelphia’s authentic cheese experts."

The shop will feature more than 100 varieties of homemade, national and international cheeses and nearly 60 cured meats and antipasti, as well as crackers, jams, jellies, oils and sauces.

"While we have grown significantly within the Philadelphia market, we are excited to expand our business and the Di Bruno Bros. legacy into central Pennsylvania," Di Bruno Bros. president Bill Mignucci said. "This partnership will allow us to share our spirit of culinary pioneering with Giant customers so that they too can enjoy the vast world of cheese and the numerous accompaniments available to create delicious and interesting pairings every day."

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Apr-11-2013 02:01 pm

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Apr-11-2013 01:33 pm

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L.Sa says:
Apr-11-2013 02:01 pm

Sweet little girls are always passionate about Barbie's,who said that those barbie games are for youngsters only? These free dress up games are really addictive, everyone enjoys a good round of taking part in these games. Participate in having a puppy animal dog games or barbie stand by cars games in a car show to do with them similarly in actual life, you might even coach your puppy for exhibit!

L.Sa says:
Apr-11-2013 01:33 pm

Everybody likes entertainment ,some entertain themselves by listening or singing music others like to playing game,and bubble trouble is very tricky, you have to use the directions key to go here and there and you can shoot with the help of space key.
Every one of us is busy fighting for a better life than they having, and more and more youngsters would prefer to play car games example to relax because they are not time restricted and you can play them easily using short breaks between your working hours.

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REAL ESTATE

CBL & Associates, Stirling to develop Fremaux Town Center

BY Katherine Boccaccio

Slidell, La. — Chattanooga, Tenn.-based CBL & Associates Properties and Covington, La.-based Stirling Properties announced Wednesday the formation of a 65/35 joint venture to develop Fremaux Town Center in Slidell, La.

Phase I of the two-phase project will comprise approximately 295,000 sq. ft. and anchors that include Dick’s Sporting Goods, Michaels, T.J.Maxx, and Kohl’s. Phase II will include up to 300,000 sq. ft. of additional retail space. Construction is set to begin on Phase I in March 2013, with the grand opening scheduled for the second quarter of 2014.

“Fremaux Town Center is well-located and is already well-leased with an outstanding retail line-up,” said Michael Lebovitz, CBL’s EVP development and administration. “We are looking forward to announcing additional retailers as the development progresses.”

Stirling Properties’ SVP development Townsend Underhill added, “We believe this site has the characteristics to become a premier retail shopping destination, and we are happy to continue our long and successful history of retail development in the City of Slidell.”

Fremaux Town Center Phase I is currently more than 70% leased with committed retailers such as Dick’s Sporting Goods, Michaels, Kohl’s, PetSmart, T.J.Maxx, LongHorn Steakhouse, dressbarn, ULTA Beauty, Lane Bryant, Rack Room Shoes, Best Buy and Versona Accessories.

Stirling will lead the development of the project and CBL and Stirling will jointly lease and market the center.

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DDR expands Puerto Rico redevelopment program

BY Katherine Boccaccio

Beachwood, Ohio — DDR Corp. announced Tuesday that it has expanded its redevelopment program in Puerto Rico from $50 million to $90 million.

"Increased demand for quality retail space in this supply-constrained market has created unique value-add opportunities in many of our most productive assets," said Paul Freddo, senior EVP leasing and development, DDR. "By executing our strategic redevelopment plan, we are creating attractive opportunities for our key domestic tenants to establish or expand their presence on the island."

The following projects highlight DDR’s redevelopment initiative in Puerto Rico:

  • Plaza del Sol, a 690,000-sq.-ft. enclosed mall anchored by Walmart, Home Depot, Bed Bath & Beyond, Caribbean Cinemas and Old Navy, features a new 10,500-sq.-ft. food court, which was relocated from the lower level to the upper level of the mall. Phase two will include the construction of approximately 137,000 sq. ft. of new GLA to accommodate the expansion of a key anchor, as well as construction of additional junior anchor boxes with an expected completion in fall 2014.
  • At Rexville Plaza, a 131,000-sq.-ft. community center, DDR added a new Marshalls and CVS, which replaced an underperforming Pueblo Supermarket and increased NOI by more than 10%.
  • The transformation at Plaza del Norte, a 680,000-sq.-ft. enclosed mall anchored by Walmart, Sears, J.C. Penney, T.J. Maxx and Rooms to Go, includes the consolidation of three vacant small shop units to accommodate a new PetSmart, as well as a new Caribbean Cinemas theater on the upper level.
  • The redevelopment of Plaza Fajardo, a 250,000-sq.-ft. power center anchored by Walmart and Econo Supermarket, will include the construction of two new box spaces for PetSmart and Shoe Carnival, both of which are expected to open in fall 2013.

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