REAL ESTATE

Petco opens at Five Points

BY Staff Writer

Corpus Christi, Texas — Brixmor Property Group announced Wednesday that a 12,420-sq.-ft. Petco recently opened at Five Points, located in Corpus Christi, Texas.

Brixmor, based in New York City, is the owner of Five Points.

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REAL ESTATE

Jones Lang LaSalle closes sale of Miracle Marketplace

BY Katherine Boccaccio

Miami — Jones Lang LaSalle’s Capital Markets experts announced Tuesday the firm has closed the sale of Miracle Marketplace in Miami on behalf of AWE Talisman.

Heitman purchased the power center, which is located in the Coral Way submarket. The 243,047-sq.-ft., seven-story Class A vertical retail property is located along the Miracle Mile/Coral Way and is anchored by Nordstrom Rack, Ben Bath & Beyond, Marshalls, LA Fitness, PetSmart, DSW Shoe Warehouse and Ulta.

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REAL ESTATE

Kohl’s and Whole Food Market to open at Southwind Plaza

BY Katherine Boccaccio

Hyannis, Mass. — Boston-based The Wilder Cos. said Tuesday that, as part of its major remerchandising of Southwind Plaza shopping center in Hyannis, Mass., Kohl’s and Whole Foods Market will be opening new stores at the Cape Cod property.

Kohl’s will begin construction of a nearly 55,000-sq.-ft. space in February with an opening planned for early October.

Also joining the center with its first Cape location is Whole Foods Market, which will open a 26,000-sq.-ft. store in early 2014.

“With Kohl’s and Whole Foods Market joining The Home Depot with their only Cape locations we are pleased to create one of the best and most unique open-air shopping experiences in the trade area,” said Deb Di Meo, VP leasing, The Wilder Cos.

Other plans include the reconfiguration of retail space between the new Kohl’s and A.C. Moore.

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