REAL ESTATE

  • Simon and Genting open first Premium Outlet Center in Southeast Asia

    Indianapolis -- Simon Property Group announced that, in 50/50 partnership with Genting Berhad, it has opened Johor Premium Outlets, its first Premium Outlet Center in Southeast Asia.

    The center encompasses 173,000 sq. ft. of GLA featuring 80 stores and is strategically located in Johor Bahur, Malaysia. A grand opening celebration will take place on December 11.

  • Five new retailers to open at Westchester’s Ridge Hill

    Yonkers, N.Y. -- Forest City Ratner Cos., the developer of Westchester’s Ridge Hill, in Yonkers, N.Y., announced that four new retailers have completed leases and will be opening their stores during the spring/summer 2012. They are LA Fitness; T.J. Maxx; Pandora and Francesca’s Collection.

    Additionally, Guitar Center, which had previously executed a lease, will be opening its new store at Ridge Hill during the December holiday season. These new stores will occupy 108,939 sq. ft. at Westchester’s Ridge Hill.

  • Fay Da Bakery opens at Sky View Center

    Queens, N.Y. -- Onex Real Estate Partners announced the grand opening of local bakery chain, Fay Da Bakery, at Sky View Center, Queens’ newest regional multi-level mall, located in downtown Flushing, N.Y. 

    The specialty bakery chain leased 1,650 sq. ft. of retail space on Level B of the 800,000-sq.-ft. mall, which caters to a population density of over 750,000 people living within three miles. 

  • True Religion opens at Cherry Hill Mall

    Cherry Hill, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that True Religion has opened at Cherry Hill Mall, located in Cherry Hill, N.J.

    The 1,500-sq.-ft. fashion denim store is located by the Grand Court.

  • Morton Williams Gourmet Store to open in Manhattan

    New York City -- The Feil Organization announced a lease has been signed with Morton Williams for a gourmet specialty food store at 140 West 57th Street in Manhattan.

    Morton Williams will occupy three levels totaling 14,984 sq. ft. at the Landmark office building. The New York-based grocer operates 12 stores in New York City, Westchester and New Jersey. The 57th Street location will be the company's thirteenth store.

  • Ross, Panera and Massage Envy to open at The Shoppes of Madison

    Madison, Ala. -- GBT Realty Corp. announced that three new tenants have signed leases at its Shoppes at Madison property, a Target-anchored center slated to open in March 2012.

    The newest tenants include a 22,000-sq.-ft. Ross Dress for Less store, Massage Envy, and a 4,000-sq.-ft. freestanding Panera Bread.

    Together, these tenants join Target and 13 additional local, regional and national retailers, to bring the shopping center’s occupancy to 95%.

  • Bear Creek Running Co. to open at Keller Town Center

    Keller, Texas -- Jacksonville, Fla.-based Regency Centers said that Bear Creek Running Co. will open a new store at Keller Town Center, located in Keller, Texas.

    The new 1,200-sq.-ft. store is slated to open Jan. 2012.

    Keller Town Center is a 114,937-sq.-ft. shopping center anchored by a 63,631-sq.-ft. Tom Thumb alongside national retailers such as Starbucks, Pizza Hut and RadioShack.

  • Ulta to debut in Dubuque, Iowa

    Dubuque, Iowa -- Youngstown, Ohio-based Cafaro Co. announced that Dubuque, Iowa, will get its first Ulta store, as the cosmetics retailer is about to break ground on a 10,000-sq.-ft. store at Kennedy Mall.

    The new store is slated to open in the second half of 2012.
    Kennedy Mall is a 700,000-sq.-ft. mall featuring Younkers, Dick’s Sporting Goods, Sears, J.C. Penney and Best Buy. It is owned and managed in association with Cafaro affiliated companies.
     

  • Apple opens in Grand Central Terminal

    New York -- Apple on Friday, opened its newest Big Apple store, a 23,000-sq-.ft. outpost in the landmarked Grand Central Terminal. The company said 2,500 people were waiting in line before the opening, and the store had nearly 4,000 visitors before noon.

    The space had been previously occupied by a restaurant, which closed earlier this summer. It is Apple’s fifth location in Manhattan,

  • New Era opens Los Angeles flagship

    Buffalo, N.Y. -- Lifestyle brand New Era said it has opened its eleventh global flagship store, located in the West Hollywood shopping district of Los Angeles.

    The brand’s first West Coast retail space joins current U.S. locations in New York, Chicago and Atlanta. The 3,300-sq.-ft. store will house licensed and New Era branded headwear, apparel and accessories for men, women and kids.

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