REAL ESTATE

Pine Tree acquires Bloomington Grocer

BY Staff Writer

Northbrook, Ill. — Pine Tree Commercial Realty said its affiliate has acquired a Rainbow Foods grocery store in Bloomington, Minn.

The purchase expands the real estate development firm’s portfolio of shopping centers to include freestanding grocery stores.

The 64,130-sq.-ft. building is fully leased to Rainbow Foods, and features nearby retailers Target and Walgreens.

Rainbow Foods is a division of Roundy’s Supermarkets Inc.

Pine Tree acquired the property from a Chicago-based seller for an undisclosed amount, and will manage the center.

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P.Lopez says:
Apr-06-2013 10:26 pm

chat random
The purchase expands the real estate development firm’s portfolio of shopping centers to include freestanding grocery stores. chat random

P.Lopez says:
Apr-06-2013 10:26 pm

The purchase expands the real estate development firm’s portfolio of shopping centers to include freestanding grocery stores. chat random

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REAL ESTATE

CBL announces expansion of Cross Creek Mall

BY Staff Writer

Fayetteville, N.C. — Chattanooga, Tenn.-based CBL & Associates Properties announced an expansion of Cross Creek Mall in Fayetteville, N.C. The 46,000-sq.-ft. expansion will deliver new retailers to the fully leased center, such as Chico’s, Loft, White House|Black Market, Men’s Wearhouse, Reed’s Jewelers and Lane Bryant. Additional stores and restaurants will be announced as the project progresses.

Construction on the expansion is scheduled to begin in early 2013, with a grand opening anticipated in late fall 2013.

Cross Creek Mall is a 1-million-sq.-ft. enclosed regional mall anchored by Belk, Macy’s, J.C. Penney and Sears. It recently received a multi-million dollar renovation featuring new entrances, new flooring and a renovated food court.

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A.Smile says:
Jan-21-2013 10:51 am

Thanks for taking this
Thanks for taking this opportunity to discuss this, I feel fervently about this and I like learning about this subject. If possible, as you gain information, please update this blog with more information. I have found it really useful. technology

A.Smile says:
Jan-21-2013 10:51 am

Thanks for taking this opportunity to discuss this, I feel fervently about this and I like learning about this subject. If possible, as you gain information, please update this blog with more information. I have found it really useful. technology

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REAL ESTATE

New tenant leases endcap position at Wing Park Shopping Center

BY Staff Writer

Elgin, Ill. — Tarrytown, N.Y.-based DLC Management Corp. said that Safelite AutoGlass has signed a lease to join Wing Park Shopping Center, located in Elgin, Ill., as an endcap anchor, occupying 4,176 sq. ft.

Other tenants in the community shopping center include Walgreens, Family Dollar and Little Caesars. The center is nearly 90% occupied.

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