Deals

Madison, Miss. -- Chattanooga, Tenn.-based CBL & Associates Properties announced the opening of Phase I of The Forum at Grandview, a community center development in Madison, Miss.

The 110,000-sq.-ft. Phase I opened 100% leased with anchors Best Buy, Dick’s Sporting Goods and Stein Mart. The new stores join the existing anchors Miskelly Furniture and Malco Grandview Theater.

The Forum at Grandview is a joint venture of CBL and The Mattiace Co.

Chesapeake, Va. -- Dollar Tree announced that it has completed its purchase of the assets of  Dollar Giant Store Ltd, which is based in Vancouver, B.C. The purchase is Dollar Tree’s first expansion of its retail operations outside of the United States.

Dollar Giant stores offer a wide assortment of quality general merchandise, contemporary seasonal goods and everyday consumables, all priced at $1.25 (CAD) or less. The stores average 9,000 sq. ft. and operate in British Columbia, Ontario, Alberta and Saskatchewan.

Raleigh, N.C. -- Jacksonville, Fla.-based Regency Centers said it has leased restaurant space in Raleigh, N.C., at Market at Colonnade to Panera Bread.

Panera has leased 4,000 sq. ft. and is slated to open in spring 2011.

Market at Colonnade is a 57,511-sq.-ft. shopping center anchored by a 40,000-sq.-ft. Whole Foods Market.

Allentown, Pa. -- New York City-based The Lightstone Group  announced two long-term lease extensions at Mountainville Shopping Plaza, its 118,000-sq.-ft. shopping center in Allentown, Pa.

Family Dollar has signed a 10-year lease extension for 9,135 sq. ft. of retail space at the shopping center. Studio II Nails has signed a four-year lease extension for 1,500 sq. ft.

Mountainville Shopping Plaza is anchored by a 33,000-sq.-ft. PriceRite Supermarket, an 11,500-sq.-ft. Retro Fitness gym and a 15,000-sq.-ft. Eckerd Pharmacy.

New York City -- Asking rents for retail spaces in New York City hot spots are rising in certain corridors, according to The Real Estate Board of New York’s (REBNY) Fall 2010 Retail Report.

According to the report, since spring 2010, retail asking rents climbed 21% to $1700 per square foot in the Times Square corridor defined by Broadway and 7th Avenue between 42nd and 47th Streets.

Cincinnati -- A Monday report by the Cincinnati Business Courier said that Kroger Co. is planning to spend about $15 million to renovate four stores in the Cincinnati area in 2011.

The grocery retailer said it plans to renovate stores in Westwood, Madeira and Montgomery, Ohio, as well as a store in Cold Spring, Ky.

The Westwood and Montgomery locations are scheduled for renovation in the first half of 2011, while Kroger is still finalizing the renovation plans for the Madeira and Cold Spring stores.

Northbrook, Ill. -- Pine Tree Commercial Realty announced it has acquired Loch Leven Plaza in the Orlando, Fla. suburbs, expanding Pine Tree’s portfolio to include the state of Florida.

The company purchased the Publix-anchored shopping center in Mt. Dora, Fla., on Nov. 5. Pine Tree will be handling the property management and leasing for the center.

Publix occupies 54,340 sq. ft. at the new plaza and opened last May. The center, which was completed in March, is 99% leased.

Chevy Chase, Md. -- Steuart Investment Co. said that Giant Food has signed a lease to anchor a mixed-use project slated for development in Washington, D.C.

The project, called 360º H Street, is a nearly 290,000-sq.-ft., LEED-certified development and features street-level retail topped by 215 rental units. Torti Gallas and Partners, Inc. of Silver Spring is the architect.