REAL ESTATE

Morrisville, N.C. — Earth Fare, Pier I Imports, Blackfinn Ameripub and Charming Charlie have inked new leases at Park West Village in Morrisville, N.C., according to the center’s owner, CASTO.

New York -- Seattle-based Nordstrom plans to open a Nordstrom Rack at Christiana Fashion Center in Newark, Del. The approximately 35,000-sq.-ft. store, which is scheduled to open in fall 2015, is the company’s first Rack location in the state.

The single-level, newly built Nordstrom Rack is located at the intersection of Interstate 95 and Route 1, adjacent to Christiana Mall and will be surrounded by a strong tenant mix.

Seattle -- Nordstrom announced plans to close it's store in Lloyd Center Mall, Portland, Ore., and its store in Vancouver Mall, Vancouver, Wash. Both locations will close in January 2015.

"This was a tough decision to make because we've been doing business in Lloyd Center and Vancouver Mall for a long time and we care about the community, our customers and our employyees here," said Ed Nordstrom, president of stores.

London – Topshop/Topman plans to open a 40,000-sq-ft. flagship store on Fifth Avenue in New York. The new Manhattan store will be located on the corner of 49th Street, and is adjacent to the Rockefeller Center.

Tampa, Fla. — RMC Real Estate Services recorded a transaction volume of $79.5 million in 2013, encompassing 1.4 million sq. ft. within its RMC Property Group and RMC Ross Realty divisions. Leasing activity included 279 transactions, encompassing 905,000 sq. ft., valued at a total of $49.1 million. Investment activity closed 20 deals for $30.4 million, spanning 532,000 sq. ft.

Edmonton, Canada -- Sport Chek on Wednesday opened an 80,000 sq.-ft. flagship in Canada's West Edmonton Mall. The store is designed to offer a personalized shopping experience that connects consumers to the sports they are passionate about.

The space includes 800 screens that display product images, promotions and local sports information. It features over 1,200 sq. ft. of digital projection.

New York -- RadioShack Corp. will close about 500 stores within months as part of its ongoing restructuring, the Wall Street Journal reported on Tuesday. The retailer, which is due to report results for the fourth quarter later this month, has about 4,500 locations.

Milwaukee — NAI MLG Commercial has promoted Kevin Schmoldt to VP. Schmoldt joined the company in 2007 as an intern while studying at the University of Wisconsin – Milwaukee. After becoming a broker associate in May of 2009, he worked with landlords, tenants and investors.

The Wisconsin representative for NAI Global, NAI MLG Commercial is a privately owned commercial real estate company offering a full range of brokerage and property management services.