Strategy

College Station, Texas -- Hobby Town USA recently opened a new 2,480-sq.-ft. store at Central Station, located in College Station, Texas.

Central Station is owned by New York City-based Centro Properties Group.

New York City -- Robert K. Futterman & Associates said it has completed a 7,800-sq.-ft. retail lease with Nadeau at 57 East 11th St. in New York City’s Greenwich Village.

The furniture retailer will occupy a combined 4,300 sq. ft. on the ground floor and 3,500 sq. ft. in the basement and is scheduled to open in first quarter 2011. This will be the first New York City location for the brand.

Nadeau is headquartered in Santa Monica, Calif., and currently has 15 locations nationwide.

New York City -- Loehmann's Holdings filed a Chapter 11 reorganization plan that includes a stock-rights offering backed by its Dubai-based owner, according to a Friday report by Bloomberg. The plan also includes a requirement that the Loehmann’s seek approval to sell its assets.

Cleveland -- Lord & Taylor and Forest City Enterprises on Friday announced that Lord & Taylor will open a new, 80,000-sq.-ft. store to anchor Westchester's Ridge Hill, Forest City's outdoor retail/mixed-use development, currently under construction in Yonkers, N.Y. This will be the first new, full-line Lord & Taylor to open since 2001.

The new location will showcase the retailer's latest store design and will offer a mix of the best fashion, accessories, beauty and fragrance brands, as well as gifts and home accessories.

Apollo Beach, Fla. -- Tampa, Fla.-based RMC Property Management Group announced that Dollar Tree will open a new 9,500-sq.-ft. store at Summerfield Crossing Plaza, located in Apollo Beach, Fla.

The Dollar Tree Store will be constructed adjacent to a new 80,000-sq.-ft. Bealls department store.

Dollar Tree is slated to open April 2011.

Dallas -- SRS Real Estate Partners announced it has appointed Stan Heller as executive VP of its lease administration service line.

In his new role, Heller will focus on helping the lease restructure and renewal team in lowering client occupancy costs, as well as pursuing new business for the company. The addition of Heller comes on the heels of a strategic move to grow the company’s lease administrative presence in the industry.

Scottsdale, Ariz. -- Columbus, Ohio-based Glimcher Realty Trust announced that infant furniture, accessory and clothing retailer giggle has joined the growing tenant roster at its Scottsdale Quarter project in Scottsdale, Ariz.

The new store, which opened Dec. 2, is giggle’s 13th store and first in the state of Arizona.

The giggle store will join other national tenants at Scottsdale Quarter, including Nike; Apple Store; A/X Armani Exchange; H&M, West Elm; and IPic Theaters.