REAL ESTATE

Regency signs 23,500 sq. ft. at Atlanta shopping centers

BY CSA STAFF

Atlanta — Jacksonville, Fla.-based Regency Centers said Tuesday it has leased more than 23,500 sq. ft. of retail and restaurant space for seven new merchant locations in the Atlanta metro market.

According to Andre Koleszar, Regency Centers’ VP and regional officer, Atlanta-area retail business is getting stronger. “We’ve seen leasing activity recovering and retailers are attracted to shopping centers in prime locations with a merchandising mix that attracts upscale customers, ” he said.

At Roswell Crossing, new tenants have leased a total of 18,273 sq. ft. of space including: Sports Lab, a sport-specific strength training, conditioning and rehabilitation center, has leased 12,750 sq. ft. and is slated to open in January. Your Pie, a restaurant that features make-your-own pizza, is now open in 2,823 sq. ft. Barkers Red Hots, a restaurant specializing in charcoal-broiled hot dogs, has leased 2,700 sq. ft. of space.

New tenants at Powers Ferry Square shopping center have leased a total of 5,246 sq. ft. The businesses include: Pretty Please, a children’s boutique, has leased 2,753 sq. ft. with an opening date scheduled in January 2011. Pigtails & Crewcuts, a children’s hair salon, has leased 1,267 sq. ft. and is scheduled to open in January. Cup Cake Lingerie, a lingerie boutique, has leased 622 sq. ft. and is also scheduled to open in January. Full Cup, a 604-sq.-ft. organic bakery and coffeehouse, is scheduled to open in December.

Roswell Crossing, in Roswell, Ga., is a 201,979-sq.-ft. shopping center anchored by Office Max, PetSmart, Trader Joe’s, Pike Nurseries and Walgreens.

Powers Ferry Square, in Atlanta, is a 95,701-sq.-ft. neighborhood shopping center anchored by CVS/pharmacy.

Regency Centers has 25 shopping centers in the Atlanta market totaling 2.1 million sq. ft.

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REAL ESTATE

Pizzicato Ristorante opens at Moorestown Mall

BY CSA STAFF

Moorestown, N.J. — Philadelphia-based Pennsylvania Real Estate Investment Trust (PREIT) said Tuesday that locally owned Italian restaurateur Pizzicato Ristorante has opened at Moorestown Mall, in Moorestown, N.J.

The 3,059-sq.-ft. restaurant, a BYO establishment, is located next to Pei Wei.

The 1.1-million-sq.-ft. Moorestown Mall is owned and managed by PREIT, and anchored by Macy’s, Lord & Taylor, Sears and Boscov’s.

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REAL ESTATE

Shoppers Food & Pharmacy completes renovation at Southside Marketplace

BY CSA STAFF

Baltimore — Jacksonville, Fla.-based Regency Centers on Tuesday announced the completion of an interior and exterior store remodel of Shoppers Food & Pharmacy at Southside Marketplace, located in Baltimore.

The newly renovated anchor includes an upgraded shopping experience with updated finishes, lighting and store fixtures inside and out.

The grocer facelift is part of a $7 million renovation of Southside Marketplace, a 125,146-sq.-ft. neighborhood center anchored by Shoppers Food & Pharmacy. Center upgrades will include a new exterior facade, upgraded architectural components, new pedestrian plaza, signage, lighting, landscaping and parking lot improvements. The facade improvements and parking lot paving will begin in January 2011. All retailers at the center will remain open during the renovations which are scheduled for completion in May 2011.

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