REAL ESTATE

Tory Burch to open at Town Center at Boca Raton

BY Staff Writer

Boca Raton, Fla. — Indianapolis-based Simon Property Group said Tuesday that Tory Burch will open a new boutique at Town Center at Boca Raton. The new 2,600-sq.-ft. store is slated to open in early August.

It will be the company’s 53rd boutique.

Town Center at Boca Raton features such retailers as Coach, Tiffany & Co., Bvlgari, Cartier, Ulysse Nardin, Michael Kors, Williams-Sonoma, Intermix, Pottery Barn, Ann Taylor, Louis Vuitton, Origins, Juicy Couture, Godiva Chocolatier, abercrombie, anne fontaine and Brookstone, as well as anchor stores Bloomingdale’s, Macy’s, Neiman Marcus, Nordstrom, Saks Fifth Avenue and Sears.

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REAL ESTATE

Charter Realty to lease Plaza South

BY Staff Writer

Newtown, Conn. — Westport, Conn.-based Charter Realty & Development Corp. announced that it has been named the exclusive leasing representative for Plaza South, located in Newtown, Conn.

The plaza is currently fully occupied, and Charter Realty will be responsible for leasing a new 22,500-sq.-ft. building coming on line at the end of August.

Current tenants include The Meat House, Union Savings Bank, The Learning Experience and Cork’n Barrel.

When complete, the multi-phase phase project will feature a total GLA of 65,000 sq. ft.

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REAL ESTATE

Robert B. Aikens acquires Pine Ridge Square

BY Staff Writer

Gaylord, Mich. — Birmingham, Mich.-based commercial real estate development firm Robert B. Aikens & Associates LLC announced Wednesday that it has acquired the Pine Ridge Square center, located in Gaylord, Mich.

At 189,000 sq. ft., Pine Ridge Square is home to Big Lots, Dunham’s, Bath & Body Works, GNC and Payless Shoe Source. The center currently has 30,000 sq. ft. available for lease.

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