REAL ESTATE

  • Three new tenants announced at Shoppes at Wyomissing

    Reading, Pa. -- Garrison Investment Group said that Charming Charlie, Berkshire Shoe & Boot, and Menchey Music have opened or will open soon at The Shoppes at Wyomissing, located in Reading, Pa.

    The three new tenants total nearly 11,400 sq. ft. in the 103,108-sq.-ft. open-air lifestyle center, which is owned by the Garrison and managed by Levin Management.

  • Charter Realty & Development to lease Oak Park Commons

    South Plainfield, N.J. -- Charter Realty said it has been selected to lease Oak Park Commons located in South Plainfield, N.J.
     
    The single-story, 136,939-sq.-ft. community shopping center is anchored by A&P Supermarket in 60,025 sq. ft. and includes a mix of national, regional and local tenants.
     
    Oak Park Commons is currently 76% occupied with 33,508 sq. ft. of available space.
     

  • Westfield names U.S. leasing division head

    Los Angeles -- The Westfield Group announced that David T. Weinert will join the U.S. unit of the group as senior executive VP leasing.

    Weinert joins Westfield after 25 years with the Taubman Co., most recently serving as senior VP of leasing.

  • Crazy 8 to open at Arizona Mills this fall

    Tempe, Ariz. -- Indianapolis-based Simon Property Group said that Arizona Mills will continue to expand its retail mix this October with the opening of Crazy 8.

    Crazy 8, a concept from The Gymboree Corp., will be located across from J.C. Penney. Other retail offerings include Last Call by Neiman Marcus, Saks Fifth Avenue Off 5th, H&M, Forever 21, Kenneth Cole Company Store, American Eagle Outfitters, G by Guess, 2b Bebe and more.

  • Report: Disney shops to open in J.C. Penney

    New York -- Disney has joined the roster of brands that will be setting up shop in J.C. Penney Co., with Disney children’s boutiques opening in Penney stores next fall, Women’s Wear Daily reported.

    The in-store boutiques will feature products designed and sourced by Disney Consumer Products exclusively for J.C. Penney’s as well as Disney stores and theme parts, according to the report.

  • Walgreens to close 76 USA Drug-affiliated stores

    Deerfield, Ill. -- Walgreens announced plans to close more than half of the stores it is acquiring in its deal with USA Drug.

    The company — which said in July it would purchase the mid-South drug store chain for approximately $438 million — confirmed it would close approximately 76 stores across the region. USA Drug operates 144 stores under the USA Drug, Super D Drug, May's Drug, Med-X and Drug Warehouse banners.

  • Corner Bakery to open 18 Seattle-area units starting next year

    Dallas -- Fast-casual bakery concept Corner Bakery Café said Thursday it has executed a deal with a franchise group to open the chain’s first restaurants in the Pacific Northwest beginning in 2013.

    Northwest Bakery Cafe, a group of restaurant operators that owns 95 Jack in the Box locations, is slated to open 18 Corner Bakery franchised restaurants in and around Seattle over the next seven years.

  • Natural Grocers to open seven stores by spring 2013

    Denver -- Natural Grocers by Vitamin Cottage said Wednesday it plans to open seven new stores by March 2013, bringing the total count to 64 in 12 states.

    In addition, the company said it has relocated and expanded one of its flagship Denver stores.

    The seven new stores will be opened during the next six months in Sedona, Ariz.; Steamboat Springs, Colo.; Helena and Missoula, Mont.; Omaha, Neb.; and Denton and Lubbock, Texas.

     

  • Ace Hardware on track to open 170 stores in 2012

    Oak Brook, Ill. -- Ace Hardware Corp. has reported substantial growth and expansion in priority markets across the country.

    “Our aggressive, long-term growth strategy features a total package of resources and support to ensure a successful future for our retailers,” said Mike Berschauer, director, retail development for Ace Hardware. “After a prosperous second quarter focused on store activations and conversions, Ace is on-track to achieve its goal of opening 170 new domestic stores in 2012.”
     

  • Papa Murphy's to open 100 Middle East locations

    Vancouver, Wash. -- The international arm of Take-and-bake pizza operator Papa Murphy’s announced Monday it has signed a master franchise agreement with MAM Foodco to open 100 locations throughout the Gulf Cooperation Council.

    The first location, which marks the chain’s debut outside North America, is slated to open in Dubai, UAE, before the end of 2012.
     

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