The Mills Corp. Opens Pittsburgh Mills
Arlington, Va., Mills Corp. opened Pittsburgh Mills in Frazer Township, Pa., 16 miles northeast of Pittsburgh. This will be the first property owned by the Mills Corp. to have both an enclosed regional mall and an adjacent open-air center.
Galleria at Pittsburgh Mills, the enclosed mall, is 1.1 million sq. ft. and houses more than 175 retailers. It is the first Mills property to house full-price department stores such as J.C. Penney and Kaufmann’s. Galleria also will include retail stores new to the Pittsburgh area, including Forever 21 and Johnny Rockets.
Organized Living to Dispose Leases
Great Neck, N.Y., Keen Realty has been retained to market and dispose of Organized Living’s retail leasehold interests throughout the United States. The storage-and-organization products retailer filed for Chapter 11 bankruptcy protection eight weeks ago.
Sites to be disposed of range from 17,000 sq. ft. to 26,000 sq. ft., mostly in shopping centers. Keen’s marketing efforts will culminate in an auction on July 25, with a deadline of July 21 for bid submission.
Lifestyle Retailing Coming to North Phoenix
Phoenix, RED Development and USAA Real Estate Co. have entered into a joint venture to develop and build The Shops at Norterra, a regional lifestyle center in north Phoenix. The 325,000-sq.-ft. center, set on 38 acres, will include a pathway to the USAA Phoenix campus.