Strategy

Toronto -- Ann Taylor announced it opened its first international store on Oct. 4, in the Toronto Eaton Centre, Toronto.

A second international store set to open this November in Toronto at the Yorkdale Shopping Centre.

Seattle -- Paladino and Co., a sustainability and green building consulting firm, has acquired green building consulting firm S.D. Keppler & Associates, Rockville, Md. The two firms have joined to establish a comprehensive consulting offering focused on elevating the prominence and impact of green real estate programs within business.

Mahwah, N.J. -- The Brick Group, one of Canada’s largest volume retailers of home furnishings, bedding, appliances, and home electronics under one roof, has selected TD Financing Services Inc., a wholly owned subsidiary of The Toronto-Dominion Bank and an affiliate of Mahwah, N.J.-based TD Retail Card Services, to administer its private label credit program.

Philadelphia -- Pennsylvania Real Estate Investment Trust said Friday that new J.C. Penney stores have opened at two of its properties – both in Pennsylvania.

The stores, at PREIT’s Willow Grove Park in suburban Philadelphia and North Hanover Mall in Hanover, Pa, will feature the retailer’s new “Shops” format, encompassing 100 Shops that showcase apparel and home brands. As well, both stores will feature 1,700-sq.-ft. Sephora Inside J.C. Penney shop-in-shops.

Killingly, Conn. -- Brixmor Property Group announced that Kohl’s has opened a new store at Killingly Plaza, located in Killingly, Conn.

Kohl’s will take 55,068 renovated sq. ft. of the 66,000-sq.-ft. center, which was previously home to Stop & Shop and a Blockbuster video store.

Brixmor, based in New York City, is the owner of Killingly Plaza.

Fairlawn, Ohio -- Charter Realty & Development announced it has arranged -- in conjunction with Julius Feinblum Real Estate -- for a 27,587-sq.-ft. lease for Ashley Furniture and an 11,284-sq.-ft. lease for Pet Supplies Plus in the Fairlawn Town Centre in Fairlawn, Ohio.

The shopping center is anchored by Target, Home Goods, Giant Eagle, Marc’s and USPS.

San Francisco -- Real estate investment and management firm Jamestown said Wednesday it has acquired 799 Market Street, a 142,902-sq.-ft. mixed-use development in downtown San Francisco.

The eight-story urban retail and office building includes five floors of creative office space atop 55,000 sq. ft. of retail, currently 100% occupied by a Ross Dress for Less flagship store, one of the five highest performing Ross stores in the nation.

St. Petersburg, Fla. -- The Prudential Douglas Elliman retail team of Faith Hope Consolo and Joseph Aquino said Wednesday they will serve as consultants to the redevelopment of Baywalk Midcore Shopping Center into The Shops at St. Pete, a mixed-use property in St. Petersburg, Fla.

Oak Brook, Ill. -- Inland Diversified Real Estate Trust announced the acquisition of six triple-net leased grocery properties in two separate portfolio acquisitions, with a total combined purchase price of approximately $71.4 million.

The acquisitions include three grocery stores in Missouri that are fully leased to Schnuck Markets, purchased for approximately $22.6 million in a sale-leaseback transaction. Additionally, three Pathmark grocery stores located in Delaware, Pennsylvania and New York were acquired for approximately $48.8 million.

New York -- J.C. Penney Co. has partnered with Giggle, a New York-based upscale baby specialty store chain, to debut an exclusive collection of Giggle-branded merchandise next fall, Crain’s New York reported.

The new line is one of the many branded in-store shops that are now in the works at J.C. Penney.