REAL ESTATE

Tile Shop expands in Dallas-Fort Worth area

BY Dan Berthiaume

Minneapolis – The Tile Shop is expanding its presence in the Dallas-Fort Worth metro area with a new store in Southlake, Texas. The new 18,615-sq.-ft. Southlake location is The Tile Shop’s third store in the Dallas-Fort Worth Metroplex (including stores in Plano and Dallas), and the company’s fifth store in Texas (Dallas, Plano, Southlake, Austin, San Antonio).

The new store opened during the first week of January 2014 and is located in the Gateway Plaza on the north side of the Dallas-Fort Worth Metroplex in Tarrant County. It features fully decorated, room-size displays, kitchens, baths, and other spaces within a home, completed with actual appliances as well as premium lighting and plumbing fixtures. Christopher Delaney will manage The Tile Shop’s new Southlake location.

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REAL ESTATE

Nordstrom Rack to open two new stores in DDR centers

BY Michael Fickes

Beachwood, Ohio — Nordstrom Rack will open locations at Lake Brandon Plaza in Brandon, Fla., and Harbison Court in Columbia, S.C., this fall. DDR Corp. owns and manages both centers.

At Lake Brandon Plaza, a 100% leased, 440,442-sq.-ft. power center, Nordstrom Rack will enhance the anchor lineup, which includes Publix, Jo-Ann, Lowe’s, PetSmart, buybuy Baby and Sports Authority. DDR assembled the 32,000-sq.-ft. space by not renewing a junior anchor lease and combining sq. ft. from two small shop units.

At Harbison Court, a 96% leased, 317,066-sq.-ft. power center, a 34,000-sq.-ft. Nordstrom Rack will join Ross Dress for Less, Marshalls, Pier 1 Imports, Anna’s Linens, and Golfsmith. DDR assembled this space by not renewing a junior anchor lease and combing space from two adjacent small shop units and a former non-income-producing storage unit.

In conjunction with the construction of the new Nordstrom Rack, the entire center will undergo a façade renovation.

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Simon names Mills’ eastern region marketing director

BY Michael Fickes

Chevy Chase, Md. — Simon Property Group has promoted Sean Mayo, former director of strategic partnerships for Simon Business Ventures, to regional director of marketing, east region of The Mills portfolio.

In his new role, Mayo will focus on retailer sales, promotions, public relations, advertising and tourism. He will oversee all marketing work for Arundel Mills in Baltimore, Concord Mills in Charlotte, N.C., Franklin Mills in Philadelphia, Gurnee Mills in Chicago, Opry Mills in Nashville, Potomac Mills in the Washington, D.C., area, and Sugarloaf Mills in Atlanta.

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