REAL ESTATE

HomeGoods, Petco to open at Granada Hills

BY CSA STAFF

Granada Hills, Calif. — Jacksonville, Fla.-based Regency Centers announced that it has leased nearly 39,000 sq. ft. of retail space in Granada Hills, Calif., at Granada Village to two additional anchors, HomeGoods and Petco.

HomeGoods has leased 27,500 sq. ft. and is slated to open in spring 2012. This is the first store in the market for this home furnishings retailer with the next closest location eight miles away.

Petco is scheduled to open in 11,350 sq. ft. this fall.

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REAL ESTATE

REI to make South Carolina debut this fall

BY CSA STAFF

Greenville, S.C. — Seattle-based Recreational Equipment Inc. (REI) announced it will open its first store in South Carolina this fall, in Greenville.

The one-story, 22,000-sq.-ft. store will also feature a community space for REI and its local partners to hold outdoor-related classes, presentations and events.

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News

JCPenney completes new $1.25 billion credit facility

BY CSA STAFF

PLANO, Texas — JCPenney has completed a new five-year $1.25 billion bank credit facility.

The new facility replaces a $750 million credit facility that was scheduled to mature in April 2012 and provides further strength to the company’s liquidity position. The facility may be used for general corporate purposes and will mature in April 2016.

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