REAL ESTATE

New retail and restaurant leases signed at Cameron Village

BY CSA STAFF

Raleigh, N.C. Jacksonville, Fla.-based Regency Centers said Wednesday that three new merchants have inked leases at the company’s Cameron Village shopping center, in Raleigh, N.C.

Priscilla of Boston has leased 12,424 sq. ft. for a premier bridal salon and the retailer’s first store location in the Carolinas. The store is slated to open in mid-summer

Cantina 18 has also leased space at Cameron Village for a 3,307-sq.-ft. casual dining restaurant. And Light Years Jewelry has leased 2,074 sq. ft. of space.

Cameron Village is a 629,306-sq.-ft. specialty and lifestyle center anchored by Harris Teeter, The Fresh Market, Eckerd Drugs, Talbot’s and Pier 1 Imports, along with a wide variety of local retailers, restaurants, professional and service businesses.

Regency owns and operates 15 shopping centers in North Carolina, including 11 centers totaling nearly 1.7 million sq. ft. in Raleigh.

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REAL ESTATE

Fresh Market to debut in Massachusetts

BY CSA STAFF

Greensboro, N.C. The Fresh Market said Monday it will open its first store in Massachusetts this week, with a 23,500-sq.-ft. debut in Hingham.

The store will open in the Hingham Shipyard project on Boston’s South Shore.

The grocer operates 94 stores in 18 states.

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REAL ESTATE

Paster receives financing approval for Mendota Plaza redevelopment

BY CSA STAFF

Mendota Heights, Minn. St. Paul, Minn.,-based Paster Enterprises announced it has received financing approval for the redevelopment and expansion of Mendota Plaza in Mendota Heights, Minn.

“The improved Mendota Plaza will be a true community destination and we look forward to providing the residents of metropolitan Minneapolis with a pedestrian-friendly location to gather, shop and dine,” said Howard Paster, president, Paster Enterprises.

The redevelopment, which is scheduled to begin this spring, will include remodeling the existing 48,000-sq.-ft. building, major parking improvements and significant landscaping enhancements, all of which will be completed by fall 2010. A 14,820-sq.-ft., stand-alone Walgreens will also break ground shortly, with a projected completion of spring 2011.

Future phases, which will be added over the course of the next four years, include the addition of retail buildings, senior housing, office space and a childcare facility. When complete, Mendota Plaza will be more than double its current size.

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