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REAL ESTATE

  • Kroger to make record investment in new Virginia store

    Richmond, Va. -- Charlotte, N.C.-based Crosland Southeast said it broke ground Friday on Richmond MSA’s newest multi-use development, Stonebridge, which will occupy the site of the former Cloverleaf Mall in Chesterfield County, Va.

    The first phase of Stonebridge includes the construction of 144,000-sq.-ft. of retail space – most notably, a 123,600-sq.-ft. Kroger Marketplace grocery store that will be the region’s largest and the company’s most expensive to date.  

  • C. Wonder makes retail debut

    New York City -- A new concept, C. Wonder, has made its retail debut, opening a 5,000-sq.-ft. store in Manhattan’s SoHo neighborhood. The company is on track to open three mall  locations this fall: Garden State Plaza, Paramus, N.J.; The Westchester Mall, White Plains, N.Y.; and Roosevelt Field, Garden City, N.J.  An additional 20 locations are planned for 2010, according to various reports.

  • Timberland to open in Minneapolis

    Stratham, N.H. -- Timberland announced it will open a store in the Calhoun Square shopping district of Minneapolis on Nov. 18.

  • Great Clips to open at Shoppes at Citrus Park

    Tampa, Fla. -- Orlando, Fla.-based Crossman & Co. said that it has negotiated a five-year lease at the Shoppes of Citrus Park, in Tampa, Fla.

    Great Clips will open a 1,200-sq.-ft. shop at the Shoppes of Citrus Park.
     

  • Pet Valu to open at Ocean Heights Shopping Center

    Somers Point, N.J. -- Brixmor Property Group announced a 2,400-sq.-ft. lease has been executed with Pet Valu at Ocean Heights Shopping Center, located in Somers Point, N.J. 

    Brixmor, based in New York City, is the owner of Ocean Heights Shopping Center.
     

  • Dollar Tree opens at Applegate Ranch Shopping Center

    Atwater, Calif. -- Jacksonville, Fla.-based Regency Centers said that Dollar Tree has leased retail space in Atwater, Calif., at Applegate Ranch Shopping Center.

    Dollar Tree leased 9,264 sq. ft. and is now open. The 464,136-sq.-ft. shopping center is anchored by a Super Target, Walmart, Marshalls and Petco.
     

  • ICSC launches social media app

    New York City -- The International Council of Shopping Centers said Wednesday it has created a social media application by Mobile Fridge, allowing users to view ICSC events and trends via smartphone.

  • HomeGoods to open at Southlake Corners

    Southlake, Texas -- Oak Brook, Ill.-based Inland Western Retail Real Estate Trust said that Inland Western Southlake Corners Limited Partnership, one of its wholly owned subsidiaries, signed a lease with HomeGoods to occupy a 28,098-sq.-ft. location at Southlake Corners in Southlake, Texas. 

    Southlake Corners is a 134,894-sq.-ft. center anchored by Toys “R” Us/Babies “R” Us, Staples and Casual Living.
     

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