REAL ESTATE

T.J Maxx, Ulta, Rue 21 and Charming Charlie to open at Shoppes at Fox River

BY Staff Writer

Milwaukee — Opus Development Corp. announced the scheduled openings of T.J Maxx, Ulta Salon and Cosmetics, Rue 21 and Charming Charlie’s by Oct. 28 at the company’s Shoppes at Fox River development in Waukesha, Wis.

Opus broke ground on the first development in Phase II of the Shoppes at Fox River in April 2012. The development includes more than 47,000 sq. ft. of retail space on six acres of land adjacent to the existing Phase I buildings, which opened in 2009 and include Target and Pick ‘n Save.

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REAL ESTATE

Charter Realty acquires Towers Plaza

BY Staff Writer

Melrose, Mass. — Charter Realty and Development Corp. said it has acquired the 52,000-sq.-ft. Towers Plaza for $8.6 million.

The neighborhood shopping center, located in Melrose, Mass., a suburb of Boston, was originally built in 1965 and later renovated and expanded. It is anchored by Johnnie’s Foodmaster Supermarket and Rite Aid.

Charter said it anticipates doing a façade renovation as well as upgrades to the common area. The work will commence this fall and continue in the spring.

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REAL ESTATE

American Eagle Outfitters to open at Plymouth Meeting Mall

BY Staff Writer

Plymouth Meeting, Pa. — Philadelphia-based Pennsylvania Real Estate Investment Trust said that American Eagle Outfitters plans to open a 5,732-sq.-ft. store at its Plymouth Meeting Mall property in spring 2013.

In addition, Mercy Health System, a consumer health and wellness satellite aligned with Mercy Suburban Hospital, recently opened, expanding the mall’s variety of services into the health sector.

Plymouth Meeting Mall is anchored by Macy’s, Boscov’s and Whole Foods Market and Café.

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