REAL ESTATE

  • Project Spotlight: 11 Jobs Lane, Southampton, N.Y.

    One of Southampton's most historic buildings, located at a highly visible corner in the village, is available for a new retail tenant, according to Newmark Grubb Knight Frank Retail, which has been named exclusive leasing agent for the building.   
  • Devonshire REIT acquires a trio of shopping centers for $70 million

    Whitehouse, Ohio -- Devonshire REIT announced the acquisition of three shopping centers at a total cost of $69.75 million: Maple Hill Mall in Kalamazoo, Mich., Alpine Summit Shopping Center in Grand Rapids, Mich. and Northwest Crossings Shopping Center in Knoxville, Tenn.  
  • Nordstrom Rack expanding in New Jersey; to open in Eatontown

    Seattle -- Nordstrom plans to open a Nordstrom Rack Crossroads at Eatontown in Eatontown, N.J.   The 35,250-square-foot store is scheduled to open in fall 2015. Crossroads at Eatontown is owned and operated by LGR Associates, LP.  
  • Simon: Most holiday shoppers will visit malls

    Indianapolis -- More than eight in 10 (83%) of holiday shoppers will shop at the mall during the 2014 holiday season, and that percentage climbs to 89% of millennial shoppers age 18-33. According to the new "2014 Holiday Shopping Behavior Survey" from Simon, nearly nine in 10 (87%) respondents agree that "malls have the latest and hottest fashion and styles of the season."   
  • CBRE arranges Plano retail center sale

    Dallas -- CBRE Capital Markets’ Retail Investment Properties team announced the sale of Towne Square Shopping Center in Plano, Texas. Dallas-based Norman J. Hoppenstein purchased the retail center from an undisclosed seller.  
  • Sports Authority to host grand opening events for its new and improved stores

    Englewood, Colo. -- Sports Authority will host grand opening events for its new and improved stores in the Las Vegas area on Saturday, Nov. 8, at 8 a.m.  
  • UCR Investment Sales closes on sale of Arlington Park Square

    Arlington, Texas -- UCR Investment Sales, a division of UCR, announced the sale of Arlington Park Square, a 94,125-sq.-ft. value-add specialty retail center located in Arlington, Texas.   
  • The Shade Store to open at Parker Harding Plaza

    Westport, Conn. -- Charter Realty & Development said that it has leased space in Parker Harding Plaza in Westport, Conn., to The Shade Store. The Shade Store took 1,600 sq. ft., joining area tenants Patagonia, Nike, J Crew, GAP, Vineyard Vines, Pottery Barn, Coach, Talbots, Williams-Sonoma, Brooks Brothers, Sunglass Hut, Starbucks and many more.    
  • Cabela’s expands to Houston with new League City store

    Dallas -- UCR Dallas announced that Cabela’s will make its Houston debut with a new 72,000-sq.-ft. store at Interstate 45 and Big League Dreams Parkway in League City, Texas. Cabela’s will join HEB, Kohl’s and Big League Dreams Sports Park at this development.    The new store is slated to open in fall 2015.   
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