REAL ESTATE

  • Three Rouse malls work with Square for POS solution

    New York -- Rouse Properties announced that three of its Bay Area shopping mall locations – NewPark Mall in Newark, Calif., Southland Mall in Hayward, Calif. And West Valley Mall in Tracy, Calif. – are launching launching a one-month pilot program to offer common area small business retailers a convenient and cost-effective point-of-sale solution.

  • Go! Calendars/Go! Games to open seasonal store at Jamestown

    Alameda, Calif. -- Jamestown L.P., which owns Alameda (Calif.) South Shore Center, said that Go! Calendars/Go! Games has signed a four-month lease for a 2,356-sq. ft. space, beginning Oct. 1.

    The company operates a year-round online store, but opens approximately 1,000 storefronts in malls during the holiday season.

    The 594,000-sq.-ft., open-air Alameda South Shore Center offers a pop-up leasing strategy to accommodate temporary tenants, including Go! Calendars/Go! Games and, most recently, Pedal Beach, a beach rental and supply store.

  • Nordstrom Rack relocating to Westfield Culver City

    Seattle -- Nordstrom announced that it plans to relocate its Nordstrom Rack at Promenade at Howard Hughes Center in Los Angeles to Westfield Culver City in Culver City, Calif.

  • Emporio Armani, Giorgio Armani, Stuart Weitzman join Mall at Short Hills

    Short Hills, N.J. -- Bloomfield Hills, Mich.-based Taubman Centers said that five fashion and accessory boutiques will join its Mall at Short Hills property in Short Hills, N.J.

    Emporio Armani, Giorgio Armani, Stuart Weitzman, Thomas Pink and Tourbillon are opening this fall in the luxury center, with four out of the five making their New Jersey debut.

  • LA-based PizzaRev: The next big thing in fast casual

  • RioCan and Tanger to acquire two outlet malls in Montreal

    Greensboro, N.C. -- RioCan Real Estate Investment Trust and Tanger Factory Outlet Centers announced Tuesday they will acquire two outlet centers in the Montreal area.

    The pair will co-purchase Les Factoreries St. Sauveur and Bromont Outlet Mall for about $94.7 million Canadian dollars.

    RioCan will provide development and property management services and Tanger will provide leasing and marketing services.  The properties will be rebranded as Tanger Outlets.

    Both transactions are slated to close in November 2012.

  • Claire's to make retail debuts in Venezuela and Panama

    Chicago -- Claire's Stores Inc. said Tuesday that it has opened its first stores in Venezuela and Panama; the Venezuelan store opened on Oct. 12 in Sambil Paraguna Mall in Punto Fijo and the Panama store opened Oct. 27 at Metro Mall.

    Claire's has partnered with locally headquartered Grupo David Enterprises as the single franchisee across 16 countries in Latin America. Over time, Claire's said it expects these countries to present a minimum 100 stores market opportunity.

     

  • LaVida Massage to open 13 centers before year’s end

    Commerce, Mich. -- Health and wellness retailer LaVida Massage said Tuesday it will have opened at least 13 new franchised units before the end of 2012. Another eight are slated to open in early 2013.

    LaVida currently operates 45 centers nationwide. 

    Our rapid expansion continues to yield strong results for LaVida, despite a struggling economy,” said Evan Kaltschmidt, COO.

    The new centers are located in California, Georgia, Illinois (2), Michigan (3), New Jersey, New York, Ohio, Pennsylvania, Texas and Virginia.

  • Sam’s Club opens at River Chase

    Covington, La. -- Stirling Properties announced that Sam’s Club has opened at its River Chase shopping center, the largest open-air retail center in St. Tammany Parish.

    The 136,000-sq.-ft. Sam’s Club features a fuel station and pharmacy, and joins anchors Target, Belk and J.C. Penney at the master-planned, mixed-use development.

     

  • Holt Renfrew launches Canadian discount chain

    Toronto -- Canadian luxury fashion retailer Holt Renfrew & Co. said Monday it will launch a new discount chain called hr2, with a first store in March in Quebec, followed by planned locations across the country by 2015.

    It said the stores will range in size from 25,000 sq. ft. to 35,000 sq. ft., smaller than Holt Renfrew’s nine department stores, and targeting women age 25 and up.

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