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Deals

  • Report: Talbots in talks with Sycamore

    New York City -- The Talbots is in buyout talks with the private-equity firm Sycamore Partners, according to the Boston Herald. The retailer signed a confidentiality agreement on Friday with the New York-based Sycamore, its second largest shareholder with 10% of the company, according to documents filed with the U.S. Securities and Exchange Commission, the report said.

  • Corner Bakery Cafe to open at Festival at Woodholme

    Baltimore -- Jacksonville, Fla.-based Regency Centers said that it has leased space at Festival at Woodholme, located in Baltimore, to Corner Bakery Cafe. 

    The fast-casual restaurant leased 3,513 sq. ft. of space and is slated to open in summer 2012. The cafe is the newest addition to an array of new retailers, including Ann Taylor Loft, Francesca’s Collection, Wine Loft and Couture Moda, that recently joined Festival at Woodholme.

  • Target names more Canada store locations

    Minneapolis — Just a few weeks after unveiling the locations of its first 24 stores in Canada, Target released an expanded list of stores that will debut in 2013.

    The stores listed included two in Alberta, two in British Columbia, 29 in Ontario and one in Saskatchewan. Additional details can be viewed here.

  • 7-Eleven acquires 55 Sam’s Mart stores in Carolinas

    Dallas -- 7-Eleven has entered into an agreement with Sam's Mart LLC to acquire 55 Sam's Mart stores in North and South Carolina and convert them to 7-Eleven stores this year. Local contractors will be hired for the remodeling program to begin later this year.

    The transaction is anticipated to close in February, subject to standard closing conditions and regulatory approvals.  Terms of the deal were not disclosed.

  • Stirling Properties acquires Avant Properties

    Covington, La. -- Stirling Properties announced it has acquired Shreveport, La.-based Avant Properties, strengthening Stirling’s presence in the Gulf South.

    Avant Properties’ current personnel and portfolio will be integrated into Stirling Properties operations. 

  • Orangetheory Fitness Studio to open on Long Island

    New York City -- Sabre Real Estate Group said it has arranged a lease for the first Orangetheory Fitness Studio on Long Island.

    The lease with landlord Federal Realty Investment Trust is for 3,480 sq. ft. at the Huntington Square Mall, located in East Northport and anchored by Sears and Barnes & Noble. The studio is expected to open in February.

    Orangetheory Fitness has plans to open as many as 30 studios in Nassau and Suffolk Counties. 
     

  • McAlister’s Deli to open at Cool Creek Commons

    Carmel, Ind. -- Indianapolis-based Kite Realty Group said that McAlister’s Deli has leased 5,454 sq. ft. at Cool Creek Commons, located in Carmel, Ind. 

    Cool Creek Commons is anchored by Fresh Market and Stein Mart with a total GLA of 132,759 sq. ft.

  • Swim U to open at Plantation Point

    Dallas -- Cypress Equities announced that Swim U has signed a lease to occupy 4,592 sq. ft. at Plantation Point Shopping Center, located in Raleigh, N.C.

    Swim U is a year-round indoor swim school for kids.

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