REAL ESTATE

  • Belmont Chase, Ashburn, Virginia

    When Regency Centers signed Whole Foods Market to anchor its new retail development — Belmont Chase — in Ashburn, Virginia, the developer further elevated an already exciting project.

    With a projected summer 2015 opening, the 80,000-sq.-ft. center will include metro-D.C.’s first Cooper’s Hawk Winery and Restaurant, Cava Mezze Grill, Peet’s Coffee and Tea, and PR Fresh Look Salon, among other soon-to-be-announced restaurants and retailers.

  • Einstein Bagels inks new lease at Kendallgate

    Kendall, Fla. -- Berkowitz Development Group announced the signing of a new long-term lease with Einstein Bagels for 2,466 sq. ft. at Kendallgate Shopping Center. The chain will take space within a freestanding retail building alongside AT&T in the Center’s plaza located at 12190 SW 88th Street in Miami.

    Einstein Bagels has already begun construction at its new location and expects to open in late August.

  • Phipps Plaza adds luxury residential component

    Atlanta -- Simon Property Group and Columbus Realty have teamed to inject a high-residential component to Simon’s fashionable Phipps Plaza shopping destination in the tony Buckhead area of Atlanta.

    The residential project, to be named Domain at Phipps Plaza, will be developed with Columbus Realty Partners.

  • Ross Dress for Less to open new stores in Georgia, Kentucky

    Dublin, Calif. -- Ross Dress for Less will open two new stores in the Southeast on July 19th.  The store openings are in The Village on Pooler Parkway in Pooler, Georgia, and Dixie Valley Shopping Center in Southwest Louisville, Kentucky.  These new openings are part of the retailer’s 2014 expansion program, totaling approximately 75 new locations during the year.

    Together, Ross Dress for Less and dd’s Discounts currently operate over 1,300 off-price apparel and home fashion stores in 33 states, the District of Columbia and Guam.

  • RKF announces promotions for trio of brokers

    Chicago -- RKF has announced three promotions for brokerage professionals in its Chicago office. Lara Keene has been promoted from senior director to managing director. Since joining RKF in May 2012, Keene has advised a variety of retailers including Allen Edmonds, Orange Leaf Frozen Yogurt, Forever 21 and Fig & Olive, and currently works with Bareburger, Piada, Alexis Bittar, IT’Sugar, L’Occitane en Provence, Rent the Runway and Sam Edelman. Most recently, she secured a 3,400-sq.-ft. flagship for Zadig & Voltaire and an 850-sq.-ft.

  • Streets of West Chester launches Phase II of retail development

    Cincinnati -- The Streets of West Chester, a 167,638-sq.-ft. lifestyle center near Cincinnati, is kicking off the pre-development leasing and marketing for the second phase of its retail center with a 200,000-sq.-ft. planned expansion slated to open in spring 2016.

    The Streets of West Chester expansion will join the opening of the new Bass Pro, beginning construction this summer, adjacent to The Streets, and will provide shoppers with new retail, restaurants and entertainment.

  • Electronic cigarette retailer plans stores in Phoenix area

    New York -- Smoking Vapor.Phoenix, which manufactures and sells electronic cigarettes, has opened a store in Phoenix, and plans to open four more locations in the coming months, according to a report by Phoenix Business Journal.

    The 1,200-sq.-ft. store sells e-cigarettes, e-cigars and related products. Smoking Vapor operates a handful of kiosks in Phoenix-area malls. The kiosks will close as retail locations open.

    The e-cigarette industry has grown into a $1.7 billion market, according to Wells Fargo.

     

  • Nordstrom to close Florida Mall store

    Orlando, Fla. -- Nordstrom announced plans to shutter its store in the Florida Mall Orlando, Florida. Originally opened in 2002, the store will close its doors on August 16, 2014.

  • Designer Shoe Warehouse in Canada debut with two stores

    Toronto -- Town Shoes Limited announced the opening of its first two DSW Designer Shoe Warehouse locations in Canada. DSW Designer Shoe Warehouse will open at Heartland Centre in Mississauga and Woodland Hills in Newmarket, Ontario, on Aug. 7.

    The two new Canadian retail locations, each approximately 20,000 sq. ft. will make them the largest shoe stores in the country.

  • Einstein Bagels signs lease in Miami shopping center

    Lakewood, Colo. - Einstein Bagels has signed a lease for a 2,466-sq.-ft. store at Kendallgate Shopping Center in Miami. The retailer will take space within a freestanding retail building alongside AT&T in the Center’s plaza.

    Einstein Bagels has already begun construction at its new location and expects to open in late August 2014. Berkowitz Realty Group served as the leasing representative on behalf of the ownership group, Kendallgate Center Associates, Ltd.

     

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