REAL ESTATE

  • The Organic Bedroom to open at Sutton Square

    Raleigh, N.C. -- Jacksonville, Fla.-based Regency Centers said that The Organic Bedroom will open a 1,300-sq.-ft. store at Sutton Square, in Raleigh, N.C.

    Specializing in mattresses made of organic and natural materials, the store is slated to open for business in June 2012.

    The 101,025-sq.-ft. shopping center is anchored by a 24,167-sq.-ft. Fresh Market alongside national retailers such as Pet Supermarket, Rite Aid and Performance Bicycle.
     

  • 7-Eleven to open on Upper East Side

    New York -- Winick Realty Group said that 7-Eleven has continued its plans for expansion in the New York market by leasing a new 2,300-sq.-ft. storefront at 1235 Second Avenue, on the corner of East 65th Street.

  • Delia’s and RCS team on real estate

    New York -- Real estate advisory firm RCS Real Estate Advisors said Wednesday that it has been retained by teen retailer Delia’s to evaluate the performance of its real estate portfolio and serve as the outsourced real estate department for all retail locations. 

  • Report: M.A.C to open Fifth Avenue flagship

    New York -- M.A.C. Cosmetics will open a flagship on a prime stretch of New York City’s Fifth Avenue, according to various reports.

    The company will open up shop in November, on Fifth Avenue near 54th Street, in a space that formerly housed Elizabeth Arden's Red Door Spa, according to Racked.com.
     

  • Ashley Furniture Industries to open 50 bedding stores

    New York -- Ashley Furniture Industries Inc. plans to open about 50 bedding stores, under the Zzz's By Ashley banner, in 2012, according to Furniture Today. The sleep shops will average about 4,500 sq. ft. each, and will offer a wide selection of mattresses and sleep accessories.

    “I think we can open several thousand in the next 10 years,” Ben Thorud, the Ashley executive who is heading the new initiative, told Furniture Today.

  • Simon: Second Premium Outlet Center will open in Canada

    Indianapolis -- Simon Property Group, along with Calloway REIT and SmartCentres, have announced plans to develop their second Premium Outlet Center in Canada. 

    The center will be located in the Town of Mirabel, Quebec, approximately 20 miles north of Montreal.  The project, called Montreal Premium Outlets, is a joint venture between Simon, Calloway and SmartCentres. Simon will own 50% of the project.

  • Iron Hill to open at Voorhees Town Center

    Voorhees, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that Iron Hill Brewery & Restaurant will open its 10th location at Voorhees (N.J.) Town Center in winter 2012/2013.

    This will be the second Iron Hill in southern New Jersey.

  • RECon 2012: Platform for talk of recovery

    Las Vegas -- As retailers and shopping center executives returned to their respective home bases following their biggest show of the year – RECon – they did so with talk of recovery echoing in their ears.

    This year’s event – the International Council of Shopping Centers’ RECon convention, held May 20-23 in Las Vegas – was a platform for discussions about expansion and freer capital, albeit tempered by what industry experts are calling a new discipline in the way we all do business.

  • Red Mango makes state debut at Galleria at Fort Lauderdale

    Fort Lauderdale, Fla. -- Yogurt purveyor Red Mango said it will open its first Florida mall location at The Galleria at Fort Lauderdale.

    The new location will be near Dillard’s on the upper Palm Court level. The Broward County mall is anchored by Neiman Marcus, Macy’s and Dillard’s.

  • Opus announces final tenant for Phase I of Shoppes at Fox River

    Milwaukee -- The Milwaukee office of Opus Development Corp. said that Hallmark Gold Crown will occupy the final space of its Shoppes at Fox River Phase I retail development in Waukesha, Wis.

    The addition of Hallmark makes the 273,000-sq.-ft. Phase I 100% occupied, including a 132,000-sq.-ft. Target and a 60,000-sq.-ft. LEED-Silver certified Pick ‘n Save grocery store.

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