REAL ESTATE

  • DDR and Blackstone JV closes on $2 billion 71-center purchase

    Beachwood, Ohio --DDR Corp. and an affiliate of Blackstone Real Estate Partners VII announced that a joint venture formed by the pair has closed on the acquisition of 71 shopping centers previously owned by American Realty Capital Properties for $1.93 billion.

  • Washington Property leases to True Blue Kitchen in Bethesda center

    Bethesda, Md. -- Washington Property Company (WPC) is bringing the True Food Kitchen restaurant to its latest upscale apartment development, Solaire Bethesda. Upon opening in 2016, Solaire Bethesda’s street-level retail space will be occupied by True Food Kitchen.  

  • Sears raising cash via rights offer and leasing deal with U.K. apparel retailer Primark

  • GBT Realty adds new retail tenants to two Louisville centers
    Louisville, Ky. -- GBT Realty Corp., a national real estate development company based in Brentwood, Tenn., is expanding tenant lineups at two Louisville-based regional shopping centers totaling nearly 500,000-sq.-ft. to over 90% leased. Only a combined 23,500-sq.-ft. of retail space remains at Jefferson Commons and at Middletown Commons with the first tenants scheduled to be open in November. Construction is currently underway.  

  • The Fresh Market opens at The Village at Livingston
    Livingston, N.J. -- The Fresh Market celebrated its official opening at The Village At Livingston with “cracking the parmesan,” a centuries-old art and company tradition. The store, which occupies 23,000 sq.ft  at the 93,000-sq.-ft. shopping center managed and developed by Eastman Companies, marks the upscale specialty grocer’s third location in New Jersey.  

  • Macerich Malls and HGTV partner for high-tech “Santa HQ” experience
    New York -- HGTV will launch “Santa HQ,” an immersive experience that transforms the traditional visit with Santa Claus into an interactive journey, at 10 Macerich malls across the country, starting on Nov. 4, and lasting through Dec. 24.  

  • Simon malls to offer Ziploop mobile shopping app

    Indianapolis –- Simon malls will feature the Ziploop mobile shopping app during the 2014 holiday season. The app stores paper, cards, coupons and certificates and stores them on a mobile device, tablet or desktop.

     

  • The White Company debuts stylish new store concept
    London -- The White Company is showing off a new store concept that delivers a lifestyle-led experience modeled on a journey through the home. The 4,000 sq.ft. store, in Norwich (United Kingdom), builds on the British home goods retailer’s heritage to create an aspirational, curated retail experience. A feeling of accessible luxury permeates the welcoming space.   

  • Savills Studley promotes Stephen G. Berliner to executive VP, New York tri-state region
    New York, N.Y. -- Savills Studley, a global commercial real estate services firm specializing in tenant representation, announced the promotion of Stephen G. Berliner executive VP & branch sanager, New York Office to executive VP, New York Tri-State Region.  

  • Ross Stores opens 28 new stores in Sept. and Oct.
    Dublin, Calif. –- Ross Stores opened 20 new Ross Dress for Less and eight new DD’s Discounts stores across 14 different states in September and October.     These new locations are part of the off-price retailer’s plans to add a total of approximately 75 Ross and 20 DD’s Discounts stores during 2014.  

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