REAL ESTATE

  • Ross Dress for Less opens at Pointe Plaza

    Niles, Ill. -- Tucker Development Corp. said that Ross Dress for Less has opened a 30,122-sq.-ft. store at Pointe Plaza in Niles, Ill.

    In addition, Tucker Development announced two new lease transactions at Pointe Plaza: Batteries Plus has signed a 1,500-sq.-ft. lease, and Naf Naf Grill has signed a lease for 2,808 sq. ft.

    Other tenants at Pointe Plaza include Walmart, Babies "R" Us, Starbucks, Men's Wearhouse, Fresh Farms International Market, Brick House Tavern + Tap, Jimmy John's, Walgreens and T-Mobile.
     

  • Simons opens its first 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 gross leasable area featuring 80 stores and is located in Johor Bahur, Malaysia. A grand opening celebration will take place on December 11, 2011.

  • Perrin Paris to open at the Carlyle Hotel

    New York City -- Prudential Douglas Elliman's Retail Group said it has arranged the first New York flagship for Perrin Paris at the Carlyle Hotel on Madison Avenue between 76th- and 77th Streets.

    The House of Perrin is renowned for its elegant and timeless leather gloves, handbags and accessories, often composed of such unique and exotic skins as crocodile, python and more. Neighboring boutiques in the Carlyle Hotel include Vera Wang, Stubb & Wootton and Yves Delorme Linens.
     

  • Pure Health Bar makes New Jersey debut at Cherry Hill Mall

    Cherry Hill, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that Pure Health Bar has opened at Cherry Hill Mall, in Cherry Hill, N.J.

    Located in the Food Court, the 263-sq.-ft. Pure Health Bar is the only one of its kind in New Jersey and Pennsylvania, expanding the mall’s roster of first-to-market retailers.

  • REI makes New York City debut

    New York City -- REI (Recreational Equipment, Inc.) has opened its first-ever store in Manhattan, in the landmarked Puck Building in SoHo. The 35,000-sq.-ft. space has been carefully restored to honor the brand’s nearly 75-year heritage and the building’s more than century-old history.

  • Villa Capri Ristorante to open at Twin Peaks

    Poway, Calif. -- Jacksonville, Fla.-based Regency Centers said that Villa Capri Ristorante has leased restaurant space at Twin Peaks shopping center, located in Poway, Calif.

    The 2,570-sq.-ft. restaurant is slated to open in January 2012, bringing the center to 98% leased.

    Twin Peaks is a 198,139-sq.-ft. shopping center home to several national and regional retailers such as Target, Albertsons, Starbucks and Subway.

  • Mediterranean restaurant to open at Union Square

    New York City -- Winick Realty Group said that restaurateur Danny Hodak, owner of Hell’s Kitchen Mediterranean eatery Taboon, has leased 1,000 sq. ft. of ground-floor space at 30 East 13th Street, between Fifth Avenue and University Place, for a new, as-yet-unnamed quick-service Mediterranean concept.

    The restaurant is anticipated to open in the next two months and if it’s a success, Hodak plans to roll out more locations for the concept across New York City.
     

  • LA Fitness to open at Cityville at Cityplace

    Dallas -- Venture Commercial Real Estate said it represented L.A. Fitness in the completion of a long-term lease for a 50,000-sq.-ft. facility in the new Cityville at Cityplace mixed-use development, under construction in Dallas.

    “Urban infill presents a challenge as we expand to open new clubs in densely populated areas such as Dallas’ Uptown neighborhood,” said John Gabriel, senior VP real estate for LA Fitness.

    Venture Commercial has helped L.A. Fitness secure 27 locations across the Dallas-Fort Worth area.

  • Douglas Development names leasing director

    Washington, D.C. -- Douglas Development Corp. announced that Joe Ruzecki has joined the real estate company as the new director of leasing.

    Most recently, Ruzecki served as senior VP with CB Richard Ellis in Baltimore.
     

  • Primestor acquires 4G Plaza

    Las Vegas -- In the latest acquisition for its Primestor-Platinum Urban Opportunity Fund I, LP, Primestor Development has acquired 4G Plaza, a neighborhood shopping center in Las Vegas, for $8.8 million.

    Purchased from 4G Properties LLC, the 78,849-sq.-ft. center is anchored by El Super and shadow-anchored by The Home Depot. It is 93% leased. Other tenants include Wells Fargo, Taco Bell, Big 5 Sporting Goods and Sprint.

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