REAL ESTATE

J.Crew Factory signs into Plymouth Meeting Mall

BY Michael Fickes

Plymouth Meeting, Pa. — J.Crew Factory, which offers still fashionable apparel from past J.Crew collections, plans to open a 6,100-sq.-ft. store in The Plaza Shops at Plymouth Meeting Mall this fall.

Anchored by Macy’s and Boscov’s, Plymouth Meeting Mall offers more than 100 specialty retailers. Whole Foods Market and Café anchors The Plaza Shops extension of the mall. Pennsylvania Real Estate Investment Trust www.preit.com owns, manages and leases the property.

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REAL ESTATE

Pine Tree promotes Zinsmaster to executive VP

BY Michael Fickes

Northbrook, Ill. Pine Tree Commercial Realty LLC recently promoted Todd Zinsmaster from senior VP to executive VP of acquisitions and development.

Mr. Zinsmaster joined Pine Tree in 2007 and handles sourcing, negotiating, underwriting and due diligence on shopping center acquisition and development opportunities. He has more than 25 years of retail development and acquisitions experience. Prior to joining Pine Tree, Zinsmaster served as senior director of development for Kimco Developers Inc.

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REAL ESTATE

Swim School leases space at Rockville, Md., Center

BY Michael Fickes

Rockville, Md. — Kids First Swim School has leased an 8,654-sq.-ft. space at the Randolph Hills Shopping Center in Rockville, Md. Divaris represented the landlord, Randolph Properties Limited Partnership, in the transaction.

Kids First Swim School is the nation’s largest provider of year-round, warm-water swimming instruction. The school operates in 16 locations in four states and teaches more than 80,000 students every year.

Divaris Real Estate is a member of Realty Resources, a national group of independent retail property brokers and managers.

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