REAL ESTATE

LA Fitness to open at Cityville at Cityplace

BY Staff Writer

Dallas — Venture Commercial Real Estate said it represented L.A. Fitness in the completion of a long-term lease for a 50,000-sq.-ft. facility in the new Cityville at Cityplace mixed-use development, under construction in Dallas.

“Urban infill presents a challenge as we expand to open new clubs in densely populated areas such as Dallas’ Uptown neighborhood,” said John Gabriel, senior VP real estate for LA Fitness.

Venture Commercial has helped L.A. Fitness secure 27 locations across the Dallas-Fort Worth area.

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REAL ESTATE

Simons opens its first outlet center in Southeast Asia

BY Staff Writer

Indianapolis — Simon Property Group announced that, in 50/50 partnership with Genting Berhad, it has opened Johor Premium Outlets, its first Premium Outlet Center in Southeast Asia.

The center encompasses 173,000 sq. ft. of gross leasable area featuring 80 stores and is located in Johor Bahur, Malaysia. A grand opening celebration will take place on December 11, 2011.

Retailers in the new center include Adidas, Armani, Brooks Brothers, Burberry, Canali, Coach, Esprit, Ermenegildo Zegna, Gap, Guess, Lacoste, Michael Kors, Nike, Oroton, Ralph Lauren, Royal Selangor, Salvatore Ferragamo, Swiss Watch Gallery, Timberland, Tommy Hilfiger, and Tumi.

Simon’s Premium Outlets portfolio includes 70 Premium Outlet Centers, with 57 in the United States, one in Puerto Rico, eight in Japan, two in South Korea, one in Malaysia and one in Mexico.

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REAL ESTATE

Pure Health Bar makes New Jersey debut at Cherry Hill Mall

BY Staff Writer

Cherry Hill, N.J. — Philadelphia-based Pennsylvania Real Estate Investment Trust said that Pure Health Bar has opened at Cherry Hill Mall, in Cherry Hill, N.J.

Located in the Food Court, the 263-sq.-ft. Pure Health Bar is the only one of its kind in New Jersey and Pennsylvania, expanding the mall’s roster of first-to-market retailers.

Cherry Hill Mall’s dining options continue to expand, as Bobby’s Burger Palace recently opened at the mall, and Grand Lux Café by The Cheesecake Factory is set to open in fall 2012.

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