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REAL ESTATE

  • Designer Jean-Michel Cazabat opens first U.S. retail store

    New York City -- Footwear designer Jean-Michel Cazabat said he will open his first U.S. store on Oct. 8 in New York City's West Village.

  • Grocer Winn-Dixie aggressively remodels and expands

    Tampa, Fla. -- Regional grocer Winn-Dixie said it is working hard to change a tarnished image.

    The chain, fresh out of bankruptcy, is in the throes of rolling out its previously announced remodeling, expansion and new development plan that involves an investment of about $100 million.

    In Sarasota, Fla., a remodeled store will feature such upgraded features as a café with free Wi-Fi, an imported wine and craft beer section, a sushi bar, pizza bar and several stations where chefs prepare hot dinners for shoppers on the go.

  • DDR and Walmart team to open, expand four stores

    Beachwood, Ohio -- DDR Corp. announced Friday plans to redevelop four shopping centers by adding two new Walmart stores in Florida and expanding two existing stores in Ohio and Puerto Rico.

    "These projects will deliver desired growth opportunities to the world's most successful retailer and further strengthen DDR's relationship with its largest tenant," said Paul Freddo, senior executive VP leasing & development for DDR.

  • CBL and MallMerlin to roll out mobile app

    Chattanooga, Tenn. -- CBL & Associates Properties and MallMerlin, LLC, said Thursday they have launched a MallMerlin smartphone mobile application, available for download at the iTunes store for use exclusively at CBL malls across the nation.

  • Publix opens expanded store at Sarasota Village

    Sarasota, Fla. -- According to Brixmor Property Group, which owns the community shopping center, Publix is expanding from a 36,960-sq.-ft. store, open since 1972, and has redesigned and expanded in conjunction with the redevelopment of the center.

    The opening of the new Publix store marks the completion of the redevelopment at Sarasota Village, which included improvements to the building façade for the retailers surrounding Publix, along with new landscaping, lighting, and an improved parking field.
     

  • House of Buccellati to open on Madison Avenue

    New York City -- Prudential Douglas Elliman's Retail Group said it has successfully orchestrated a buy-out/lease disposition at 46 East 57th Street for jewelry house Buccellati, and simultaneously arranged its move to 810 Madison Avenue.

    The Milan, Italy-based company has closed the East 57th Street store after more than four decades and will open in a new location on the "Jewel Mile" between 67th and 68th Streets.

    Buccellati will take immediate possession of the former Bonpoint store at 810 Madison Avenue.
     

  • J.C. Penney plans in-store holiday shops

    New York City -- J.C. Penney is adding holiday shops on its main floor, the Associated Press reported.

    The "Wrapt" shop concept will debut in the company’s Manhattan store this week. It will be rolled out to the chain’s stores nationwide on Oct. 24.

    The in-store shops will carry about 300 items, with the majority exclusive to J.C. Penney, according to the report.

  • Brixmor names senior leasing and redevelopment executive

    New York City -- Brixmor Property Group announced Tuesday a series of corporate and regional enhancements to its leasing and redevelopment capabilities as it re-focuses on growing portfolio occupancy, strengthening retailer relationships and ramping-up redevelopment efforts.

    Timothy J. Bruce has been appointed executive VP, leasing and redevelopment and as a member of the company’s Management Committee.  

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