\r\n \r","showSummary":null,"url":"/real-estate/federal-realty-acquires-two-retail-centers-new-jersey","date":"2014-01-07T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Uniqlo USA announces five new stores for spring/summer","id":73093,"bundle":"article","summary":"
New York -- Uniqlo will continue its expansion in the United States by opening five stores this spring/summer, including its first-ever location in the greater Philadelphia metropolitan area. \r\n \r\nThe five new Uniqlo stores scheduled to open in spring/summer are:
","showSummary":null,"url":"/real-estate/uniqlo-usa-announces-five-new-stores-springsummer","date":"2014-01-07T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Nordstrom Rack announces two new locations","id":73065,"bundle":"article","summary":"
Seattle -- Nordstrom announced today plans to open a Nordstrom Rack at The Shops at SkyView Center in Queens, N.Y., and another at Lake Brandson Plaza, Brandon, Fla. Both stores are scheduled to open in fall 2014. \r\n \r\nNordstrom Rack is set to open its first Brooklyn, N.Y., location on Fulton Street in spring 2014 followed by a second location at the Gateway Center in Brooklyn, in the fall. When it opens, The Shops at SkyView Center Nordstrom Rack will be the company's first Queens location.
","showSummary":null,"url":"/real-estate/nordstrom-rack-announces-two-new-locations","date":"2014-01-07T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Cole buys Darien Towne Centre in Darien, Ill.","id":73090,"bundle":"article","summary":"
Chicago — Cole Real Estate has purchased Darien Towne Centre in Darien, Ill., for $22.25 million, according to Transwestern’s Chicago office, which brokered the transaction on behalf of the seller, RPAI. \r\n \r\nCole has the ability to expand the 177,002-sq.-ft. center, which was developed in 1994, by up to 12,000 sq. ft. \r\n \r\nHome Depot anchors Darien Towne Center, and a Wal-Mart Supercenter shadow-anchors. National tenants include PetSmart, O’Reilly Automotive, TGI Friday’s, Great Clips, Jenny Craig and Sally Beauty Supply.
","showSummary":null,"url":"/real-estate/cole-buys-darien-towne-centre-darien-ill","date":"2014-01-07T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Tile Shop enters Connecticut with two stores","id":73108,"bundle":"article","summary":"
Minneapolis -- The Tile Shop, a specialty retailer of high quality, premium manufactured and natural stone tiles, has opened its first retail locations in Connecticut, 15,120-sq.-ft. location in Brookfield, and a 20,740-sq.-ft. location in Norwalk. \r\n \r","showSummary":null,"url":"/real-estate/tile-shop-enters-connecticut-two-stores","date":"2014-01-06T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Salon 724 inks deal at Bensalem, Pa.’s Centre Plaza","id":73126,"bundle":"article","summary":"
North Plainfield, N.J. — Salon 724 has leased 2,300 sq. ft. at Centre Plaza in Bensalem, Pa., according to Levin Management (www.levinmgt.com), the center’s exclusive leasing and managing agent. \r\n \r\nTenants at the 43,550-sq.-ft. Centre Plaza include Curves for Women, Domino’s Pizza, LabCorp, MGM Financial Strategies Inc., First Federal Savings & Loan, A&S Bagels and Tako Japanese Restaurant. \r\n \r","showSummary":null,"url":"/real-estate/salon-724-inks-deal-bensalem-pas-centre-plaza","date":"2014-01-03T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Planet Fitness to Frenchtown, Mich.’s Mall of Monroe","id":73127,"bundle":"article","summary":"
Youngstown, Ohio — Planet Fitness will open a new 24,000-sq.-ft. health club in The Mall of Monroe in Frenchtown Township, Mich., in March of this year. Planet Fitness boasts 700 locations nationwide and 4.5 million members. \r\n \r\nCafaro affiliated companies (www.cafarocompany.com) own and manage the regional Mall of Monroe. \r\n \r\n
\r\n
\r\n
","showSummary":null,"url":"/real-estate/planet-fitness-frenchtown-michs-mall-monroe","date":"2014-01-03T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Inland acquires Wedgewood Commons near Memphis","id":73128,"bundle":"article","summary":"
Oak Brook, Ill. — Inland Real Estate Income Trust has acquired the 159,258-sq.-ft. Wedgewood Commons Shopping Center in Olive Branch, Miss., a southeastern suburb of Memphis, Tenn. The purchase price was $33.9 million. \r\n \r\nThe property consists of four buildings and an existing structure suitable for the development of an additional 10,838 sq. ft. of leasable space, which would increase the center’s retail space to just over 170,000 sq. ft. \r\n \r","showSummary":null,"url":"/real-estate/inland-acquires-wedgewood-commons-near-memphis","date":"2014-01-03T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Cole acquires Bowling Green’s Shoppes on South Main","id":73125,"bundle":"article","summary":"
Oakbrook Terrace, Ill. — Cole Real Estate Investments has acquired The Shoppes on South Main in Bowling Green, Ohio, according to Mid-America Real Estate Corp.’s (www.midamericagrp.com) investment sales team, the firm that brokered the transaction on behalf of the seller, Chase Properties. \r\n \r\nThe 110,769-sq.-ft. shopping center features anchor tenants T.J. Maxx, Staples, Petco and Dollar General. Home Depot and a Wal-Mart Supercenter shadow anchor the center.
\r\n
\r\n
","showSummary":null,"url":"/real-estate/cole-acquires-bowling-greens-shoppes-south-main","date":"2014-01-03T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"GBT to build Middletown Commons","id":73143,"bundle":"article","summary":"
Louisville, Ky. — GBT Realty Corp. has closed on the purchase of approximately 32 acres along Shelbyville Road at I-265 for the development of Middletown Commons in Louisville, Ky. Plans call for the first tenants to open in late 2014. \r\n \r\nThe mixed-use power center will include more than 225,000 sq. ft. of retail space and six outparcels ranging from 0.6 acres to 1.88 acres. According to GBT Realty, total development costs will likely exceed $50 million. \r\n \r","showSummary":null,"url":"/real-estate/gbt-build-middletown-commons","date":"2014-01-02T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]}]},"title":"REAL ESTATE","contentParagraphs":null,"sections":null};
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Rockville, Md. — Federal Realty Investment Trust has acquired controlling interests in two shopping centers in Affluent Monmouth County, N.J., for $161 million. Both the Grove at Shrewsbury and Brook 35 are located on Route 35 and serve the emerging bedroom and second home communities of Shrewsbury, Red Bank, Rumson, Fair Haven, Little Silver, and Middletown. The acquisition was made with a combination of downREIT units, cash and the assumption of $68 million of fixed rate debt secured by the properties.
New York -- Uniqlo will continue its expansion in the United States by opening five stores this spring/summer, including its first-ever location in the greater Philadelphia metropolitan area.
The five new Uniqlo stores scheduled to open in spring/summer are:
Seattle -- Nordstrom announced today plans to open a Nordstrom Rack at The Shops at SkyView Center in Queens, N.Y., and another at Lake Brandson Plaza, Brandon, Fla. Both stores are scheduled to open in fall 2014.
Nordstrom Rack is set to open its first Brooklyn, N.Y., location on Fulton Street in spring 2014 followed by a second location at the Gateway Center in Brooklyn, in the fall. When it opens, The Shops at SkyView Center Nordstrom Rack will be the company's first Queens location.
Chicago — Cole Real Estate has purchased Darien Towne Centre in Darien, Ill., for $22.25 million, according to Transwestern’s Chicago office, which brokered the transaction on behalf of the seller, RPAI.
Cole has the ability to expand the 177,002-sq.-ft. center, which was developed in 1994, by up to 12,000 sq. ft.
Home Depot anchors Darien Towne Center, and a Wal-Mart Supercenter shadow-anchors. National tenants include PetSmart, O’Reilly Automotive, TGI Friday’s, Great Clips, Jenny Craig and Sally Beauty Supply.
Minneapolis -- The Tile Shop, a specialty retailer of high quality, premium manufactured and natural stone tiles, has opened its first retail locations in Connecticut, 15,120-sq.-ft. location in Brookfield, and a 20,740-sq.-ft. location in Norwalk.
North Plainfield, N.J. — Salon 724 has leased 2,300 sq. ft. at Centre Plaza in Bensalem, Pa., according to Levin Management (www.levinmgt.com), the center’s exclusive leasing and managing agent.
Tenants at the 43,550-sq.-ft. Centre Plaza include Curves for Women, Domino’s Pizza, LabCorp, MGM Financial Strategies Inc., First Federal Savings & Loan, A&S Bagels and Tako Japanese Restaurant.
Youngstown, Ohio — Planet Fitness will open a new 24,000-sq.-ft. health club in The Mall of Monroe in Frenchtown Township, Mich., in March of this year. Planet Fitness boasts 700 locations nationwide and 4.5 million members.
Cafaro affiliated companies (www.cafarocompany.com) own and manage the regional Mall of Monroe.
Oak Brook, Ill. — Inland Real Estate Income Trust has acquired the 159,258-sq.-ft. Wedgewood Commons Shopping Center in Olive Branch, Miss., a southeastern suburb of Memphis, Tenn. The purchase price was $33.9 million.
The property consists of four buildings and an existing structure suitable for the development of an additional 10,838 sq. ft. of leasable space, which would increase the center’s retail space to just over 170,000 sq. ft.
Oakbrook Terrace, Ill. — Cole Real Estate Investments has acquired The Shoppes on South Main in Bowling Green, Ohio, according to Mid-America Real Estate Corp.’s (www.midamericagrp.com) investment sales team, the firm that brokered the transaction on behalf of the seller, Chase Properties.
The 110,769-sq.-ft. shopping center features anchor tenants T.J. Maxx, Staples, Petco and Dollar General. Home Depot and a Wal-Mart Supercenter shadow anchor the center.
Louisville, Ky. — GBT Realty Corp. has closed on the purchase of approximately 32 acres along Shelbyville Road at I-265 for the development of Middletown Commons in Louisville, Ky. Plans call for the first tenants to open in late 2014.
The mixed-use power center will include more than 225,000 sq. ft. of retail space and six outparcels ranging from 0.6 acres to 1.88 acres. According to GBT Realty, total development costs will likely exceed $50 million.