REAL ESTATE

NRDC announces new tenants for Northampton Crossings

BY Katherine Boccaccio

Easton, Pa. — Purchase, N.Y.-based National Realty & Development has announced the opening of Panera Bread at Northampton Crossings, located in Easton, Pa. Panera occupies a 3,860-sq.-ft. drive-thru space.

PetSmart will open at the center in late spring, with a 12,500-sq.-ft. store. The two new stores join anchor tenants Walmart Supercenter, Kohl’s, Sam’s Club and Regal Cinemas.

Other recent transactions at the center include Staples and Shoe Show lease renewals.

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News

In case you missed it, both sides of the story

BY CSA STAFF

By now anyone who receives this weekly newsletter has heard or read something about Walmart’s alleged Mexican bribery scandal and cover up. However, if you haven’t yet read the original story that appeared in last Sunday’s New York Times, do yourself a favor and read the lengthy piece in its entirety as well as Walmart’s initial and updated response.

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REAL ESTATE

Glendale Galleria names architects for center renovation

BY Staff Writer

Glendale, Calif. — Glendale Galleria, a 1.5-million-sq.-ft. super-regional shopping center announced the architects who will work on the center’s grand renovation project. Glendale Galleria is owned and operated by Chicago-based General Growth Properties.

Kevin Kennon Architects has been selected as Design Architect and ELS Architecture and Urban Design as Executive Architect. The two companies will work together to redesign the Glendale Galleria. Objectives include a modernized look, improved signage visibility, and enhanced circulation and access both inside and out.

The renovation will commence this year and conclude in 2013.

In addition to the renovation, a new 120,000-sq.-ft. Bloomingdale’s store will join Glendale Galleria, opening in the fall of 2013 in a former Mervyn’s space. This will be the eighth Bloomingdale’s in the Los Angeles market.

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