REAL ESTATE

  • West Elm to open in Palo Alto, Calif.

    Brooklyn, N.Y. -- West Elm, a division of Williams-Sonoma, announced that it will open a store at 180 University Avenue in Palo Alto, Calif., on Oct. 18.

    The new Palo Alto store will include a collection of decorative accessories and art made by Etsy artists from the South Bay. It will be only the second West Elm store selling goods made by Etsy artists in the U.S.

  • Kohl's opens at Killingly Plaza

    Killingly, Conn. -- Brixmor Property Group announced that Kohl’s has opened a new store at Killingly Plaza, located in Killingly, Conn.

    Kohl’s will take 55,068 renovated sq. ft. of the 66,000-sq.-ft. center, which was previously home to Stop & Shop and a Blockbuster video store.

    Brixmor, based in New York City, is the owner of Killingly Plaza.

     

  • Ann Taylor makes Canadian debut

    Toronto -- Ann Taylor announced it opened its first international store on Oct. 4, in the Toronto Eaton Centre, Toronto.

    A second international store set to open this November in Toronto at the Yorkdale Shopping Centre.

     

  • Rite Aid debuts next-generation store

    Camp Hill, Pa. -- Rite Aid unveiled what it called its "next generation” Wellness store, in Lemoyne, Pa.

  • RED Legacy and DRA Advisors acquire The Streets of Brentwood

    Brentwood, Calif. -- RED Legacy and a fund managed by DRA Advisors have acquired The Streets of Brentwood, a 350,000-sq.-ft. lifestyle center on 60 acres in the Greater San Francisco Bay Area.

    Tenants include a 14-screen Rave Imax Brentwood 14+ImaxTheater, DSW, REI, Loft, Banana Republic, Victoria’s Secret, BJ’s Restaurant & Brewhouse, Ulta and more. In addition, Charming Charlie will open a 7,500-sq.-ft. store in November.

  • Ashley Furniture, Pet Supplies Plus to open at Fairlawn Town Centre

    Fairlawn, Ohio -- Charter Realty & Development announced it has arranged -- in conjunction with Julius Feinblum Real Estate -- for a 27,587-sq.-ft. lease for Ashley Furniture and an 11,284-sq.-ft. lease for Pet Supplies Plus in the Fairlawn Town Centre in Fairlawn, Ohio.

    The shopping center is anchored by Target, Home Goods, Giant Eagle, Marc’s and USPS.

     

  • Paladino acquires S.D. Keppler & Associates

    Seattle -- Paladino and Co., a sustainability and green building consulting firm, has acquired green building consulting firm S.D. Keppler & Associates, Rockville, Md. The two firms have joined to establish a comprehensive consulting offering focused on elevating the prominence and impact of green real estate programs within business.

  • Inland Diversified Real Estate Trust acquires $71.4 million in grocery properties

    Oak Brook, Ill. -- Inland Diversified Real Estate Trust announced the acquisition of six triple-net leased grocery properties in two separate portfolio acquisitions, with a total combined purchase price of approximately $71.4 million.

    The acquisitions include three grocery stores in Missouri that are fully leased to Schnuck Markets, purchased for approximately $22.6 million in a sale-leaseback transaction. Additionally, three Pathmark grocery stores located in Delaware, Pennsylvania and New York were acquired for approximately $48.8 million.

  • Jamestown acquires 799 Market Street

    San Francisco -- Real estate investment and management firm Jamestown said Wednesday it has acquired 799 Market Street, a 142,902-sq.-ft. mixed-use development in downtown San Francisco.

    The eight-story urban retail and office building includes five floors of creative office space atop 55,000 sq. ft. of retail, currently 100% occupied by a Ross Dress for Less flagship store, one of the five highest performing Ross stores in the nation.

  • New J.C. Penney stores open at two PREIT malls

    Philadelphia -- Pennsylvania Real Estate Investment Trust said Friday that new J.C. Penney stores have opened at two of its properties – both in Pennsylvania.

    The stores, at PREIT’s Willow Grove Park in suburban Philadelphia and North Hanover Mall in Hanover, Pa, will feature the retailer’s new “Shops” format, encompassing 100 Shops that showcase apparel and home brands. As well, both stores will feature 1,700-sq.-ft. Sephora Inside J.C. Penney shop-in-shops.

Related Topics

X
This ad will auto-close in 10 seconds