REAL ESTATE

  • Dollar Tree brings Pelham Manor to 100% occupancy

    Oak Brook, Ill. - Dollar Tree has signed a 12,767-sq.-ft. lease at Pelham Manor Shopping Plaza in Pelham, New York, bringing the center to 100% leased for the first time since it opened in 2008. The 228,000-sq.-ft. center caters to the surrounding neighborhoods of Pelham Manor, Mount Vernon, New Rochelle, and the north Bronx.

    Acquired in 2013, the center features national retailers such as BJ's Wholesale Club, PetSmart, Michaels and more. Dollar Tree will be located next to Five Guys Burgers and Fries and is expected to open in early November.

  • Gap, Banana Republic, Old Navy, Ulta join Mount Grove tenant lineup

    Redlands, Calif. -- Majestic Realty Retail announced today that it has signed lease agreements with four new retailers at its Mountain Grove at Citrus Plaza retail and entertainment center, including agreements with The Gap (7,500 sq. ft.), Banana Republic (7,500 sq. ft.), Old Navy (15,000 sq. ft.) and Ulta (10,000 sq. ft.).  An additional 100,000 sq. ft. of national and regional tenant leases are under negotiation and expected to be signed in September.

  • Report: Dick’s, Gordmans to anchor proposed Iowa shopping center

    Ankeny, Iowa – Dick’s Sporting Goods and Gordmans are reportedly the anchor stores for a proposed shopping center in Ankeny, Iowa. According to the Des Moines Register, St. Louis-based developer Staenberg Group seeks to begin construction on the project, known as Delaware Commons, in the fall.

    Staenberg Group is seeking to obtain environmental permits relating to wetlands on the property. The center also has space for a third main anchor store, several junior anchors, and other small stores and restaurants.

     

  • Divaris appoints two agents in Virginia Beach office

    Virginia Beach, Va. -- Divaris Real Estate, Inc., announced the appointment of Elizabeth Greer and Joseph Lowery as agents in its headquarters location in Virginia Beach.

    Elizabeth Greer is a sales and leasing associate, responsible for office leasing services, including tenant and landlord representation. She is also involved with the redevelopment project of Fort Monroe, located in Hampton, Virginia.

  • Coach Factory to extend pop-up store stay at Legends Outlets Kansas City

    Kansas City, Kansas -- Legends Outlets Kansas City announced that Coach is extending the stay of the area’s first Coach Factory pop-up location through the holidays, until January 2015.
     
    Coach Factory opened its pop-up before Memorial Day weekend and has added new inventory almost daily since opening.
     

  • Rialto Jean Project opens New York pop-up shop

    Venice, Calif. – Vertical denim retailer Rialto Jean Project (RJP) opens a month-long pop-up shop on Sept. 5 in New York's South Street Seaport, in conjunction with the New York Fashion Week Spring/Summer presentations kicking off around Manhattan.

  • Dan Shoevlin named partner at UCR

    Dallas -- UCR Dallas has named Dan Shoevlin, a five-year veteran of the firm, as partner.

    Shoevlin handles such high-profile assignments as Highlands at Flower Mound in Texas, Danada Square West in Illinois, Collin Creek Shopping Center, Addison Walk, Twin Creeks Village, Woodland Plaza in Tulsa and Museum Place in Fort Worth.

    As partner, Shoevlin is charged with further growing the brokerage platform to meet the demand for institutional-quality leasing/management service in the Dallas/Fort Worth market and in other cities.

     

  • Starbucks to open two new store formats

    Seattle - Starbucks Coffee Company will launch two new store formats in fiscal 2015, include a smaller-format concept aimed at urban commuters and a more premium store concept — Starbucks Reserve Roastery and Tasting Room — dedicated to the chain’s highbrow Reserve brand of coffees.

  • Target to open smaller-format Express stores in Northern California

    Minneapolis - Target Corp. plans to open two new smaller-format TargetExpress stores in San Francisco’s Financial District and Berkeley, California, in March 2015. Target’s first TargetExpress store opened this year in Minneapolis, and the San Francisco-area stores will mark the first time Target is expanding this format outside the Minneapolis area.

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