REAL ESTATE

  • DRE adds five retailers to metro Richmond

    Richmond, Va. -- Five retailers have signed five leases, taking a total of 23,700 sq. ft. of retail space in the metropolitan Richmond, Va., market, according to Divaris Real Estate, Inc., the broker representing the retailers.

  • Buffets appoints two senior executives

    Greer, S.C. -- Buffets, the parent company of six family style steak buffet restaurant chains, has named Chip Romp to the newly created position of VP Training and Jay Allen to Senior VP Real Estate and Development.

    A 20-year training veteran, Romp comes to the company from the Italian Fast Casual concept Fazoli’s, where he served as VP Training, Development & Ops Services. He also has training experience with Applebee’s International, Damon’s International and Jillian’s Entertainment.

  • Redesigned Build-A-Bear comes to Cherry Hill Mall

    Cherry Hill, N.J. -- A reimagined Build-A-Bear Workshop will open at Cherry Hill Mall this fall in a new 2,000-sq.-ft. location in the J. C. Penney wing. The new design incorporates technology into the personalized stuffed animal-making experience.

  • Aeropostale will open in-store shops, freestanding stores in Mexico

    New York -- Teen apparel retailer Aeropostale will enter Mexico through a licensing agreement with Distribuidora Liverpool, S.A. de C.V. ("Liverpool").

    The agreement includes the opening of branded Aeropostale shop-in-shops in Liverpool department stores across Mexico beginning this summer, in addition to rolling out freestanding stores. The first standalone is scheduled to open this summer, in Mexico City’s Sante Fe Mall.

  • Polarn O. Pyret opens first store in Boston metro area

    Chestnut Hill, Mass. -- Swedish children’s wear brand Polarn O. Pyret USA has opened its first Boston-area store at THE STREET in Chestnut Hill, according to WS Development, the center’s developer and owner. This is the fifth Polarn O. Pyret (pronounced POH-lahrn oh PEE-rhet and nicknames PO.P) in the U.S. and the fourth on the east coast.

  • Hyde Park Village signs 10 new retailers

    Tampa, Fla. -- Madison Marquette Retail Services has announced the opening of five new retailers with five more to come this year at its Hyde Park Village shopping center in Tampa, Fla.

    The five open retailers include a 1,430-sq.-ft. Francesca’s Collections and four local and regional names: Betty with 1,000 sq. ft., a 939-sq.-ft. Don Me Now Styling & Clothing Lounge, FITniche with 2,251 sq. ft. and Piquant, a French restaurant and bakery, which took 5,397 sq. ft.

  • Target to open new location in Spokane, Wash.

    Minneapolis -- Target said it plans to open a new store in Spokane, Wash., in July 2014.

    The 135,000-sq.-ft. store, part of the Regal Plaza shopping center, will be the retailer’s third location in the Spokane area.

  • Bayer to lease and manage Southlake Mall

    Birmingham, Ala. -- Bayer Properties will lease and manage Southlake Mall in Morrow, Ga. Macy’s and Sears anchor the 1 million-sq.-ft. enclosed regional mall. Enclosed malls now represent 30% of Bayer’s operating portfolio.

    Bayer has also announced the following new leases:

  • Center City Philadelphia has a Theory

    Philadelphia -- Men’s and women’s apparel retailer, Theory has taken 3,000 sq. ft. at 1616 Walnut Street in Center City Philadelphia near Rittenhouse Square, according to Fameco Real Estate.

    Fameco represented the building’s ownership group of Federal Capital, Alterra Property and Cross Properties in the transaction.

     

  • Three more retailers sign with The Palms

    Miami -- Three new retailers opened at The Palms at Town and Country in Miami during May. They include a 23,070l-sq.-ft. Total Wine & More, a 2,518-sq.-ft. Voodoo BBQ & Grill, a New Orleans-style barbecue restaurant, and a 2,119-sq.-ft. Crazy 8, a kids’ line retailer from Gymboree Corp.

    Under construction now and opening in November is a 47,982-sq.-ft. DICK’s Sporting Goods.

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