Development/Redevelopment

New York City -- Simon Property Group is set to sell its newly bought Prime Outlets retail shops in Jeffersonville, Ohio, as part of a deal with federal regulators that required it to sell one of two Ohio properties, the Dayton Business Journal reported.

Simon, which bought the 22-site outlet arm of Prime Outlets Acquisition Co. last year for $2.3 billion, was required to sell either the Jeffersonville site or Cincinnati Premium Outlets in Butler County amid concerns that it would gain an anti-competitive advantage in the market.

Columbia, S.C. -- Edens & Avant announced it has named Ed Senenman as senior VP, investments for the company.
       
Senenman will be located in Edens & Avant’s new New York City office as the company continues to expand its NYC presence as part of an overall strategy of focusing on retail investments in major East Coast markets.
       
Senenman was previously senior director of acquisitions for Federal Realty.

Commack, N.Y. -- North Plainfield, N.J.-based Levin Management Corp. said that frozen dessert company D’Lites Emporium will open a new location at Mayfair Shopping Center, located in Commack, N.Y.

The 1,280-sq.-ft. store will join other food offerings in the center such as Outback Steakhouse, Ciao Baby, Good Taste Buffet, Bagel Boss, Kosher Market & Deli, and Original Brooklyn Pizza.

Maryville, Tenn. -- Chattanooga, Tenn.-based CBL & Associates Properties announced plans for a new Carmike Cinema at Foothills Mall, in Maryville, Tenn.
      
The new theatre will feature 12 screens with state-of-the-art stadium seating and amenities.
       
A former Belk building will be redeveloped to accommodate the 45,000-sq.-ft. cinema. The existing theatre at Foothills Plaza will remain open during the new construction that is slated to begin this summer.

Wilkes-Barre, Pa. -- Metro Commercial announced that it has inked a new lease for Banana Republic Outlet at Arena Hub Plaza, located in Wilkes-Barre, Pa.

The new, 7,380-sq.-ft. store is slated to open in fall 2011. Other tenants in the 524,000-sq.-ft. power center include Lowe’s, Best Buy and PetSmart.

Henderson, Nev. -- New York City-based Centro Properties Group said that Rhaposdielle will open in Henderson, Nev.
       
The new 12,544-sq.-ft. store will debut at Galleria Commons, which is owned by Centro.

NEW YORK — Wal-Mart Stores said that by the end of the year it will have invested the equivalent of approximately $756 million to expand its operations in Brazil.

Marcos Samaha, president of Wal-Mart's Brazilian subsidiary, said in a Tuesday statement that 1.2 billion reals ($755 million) will be used to build 80 stores, renovate existing locations and improve logistics.

Ashburn, Va. -- Commerce, Mich.-based LaVida Massage announced it will open its first Virginia location, located at Greenway Corporate Drive, in Ashburn.
      
The new 3,200-sq.-ft. location is slated to open in early June.