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Development/Redevelopment

  • Payless opens at Sky View Center

    Flushing, N.Y. -- Onex Real Estate Partners said that Payless ShoeSource has opened a new store at Sky View Center, the 800,000-sq.-ft shopping center located below Sky View Parc, Queens’ new mixed-used residential development.

    The new 4,200-sq.-ft. Payless location, on level D of the Center, officially opens on April 9.

  • Forever 21 to open big in Miami Beach

    New York City -- Fast-fashion retailer Forever 21 will open a three-level, 39,000-sq.-ft. store in Miami Beach, Fla., Women’s Wear Daily reported.

    The store, scheduled to open this fall, will be located on Lincoln Road. Also heading to Lincoln Road is H&M, which plans to open a 22,000 sq. ft. in the pedestrian mall.
     

  • Sundance Cinemas to open at Bayou Place

    Houston -- Los Angeles-based Sundance Cinemas, Baltimore-based The Cordish Cos. and the City of Houston announced that a lease has been signed for the former Angelika center space at Bayou Place in the theatre district of Downtown Houston.

    Sundance said it expects the extensive refurbishment work to begin immediately on the eight-screen complex with the target of a Nov. 1 opening.

  • Wenger, Boulder, Col.

    With its outdoor underpinnings and Swiss accents, Wenger, in Boulder, Col., is the perfect showcase for the legendary 116-year-old company, which is best known as the maker of the “genuine” Swiss Army Knife. The 3,000-sq.-ft. store, which took top honors in the Association for Retail Environments’ 2011 design awards, is the firm’s first freestanding store in the United States.

  • Brooks Bros. opens at Phillips Place

    Charlotte, N.C. -- Lincoln Harris, which handles the leasing and management for luxury retail center Phillips Place, said that Brooks Bros. has moved from its current location in SouthPark Mall, in Charlotte, N.C., and opened a new store in Phillips Place.

    The new 8,800-sq.-ft. store is located in the courtyard area of Phillips Place in space previously occupied by Modern Salon.

  • Walgreens sales rise 7.6% in March

    Deerfield, Ill. -- Walgreens said Tuesday that sales for the month of March rose 7.6% to $6.28 billion, compared with $5.83 billion in the year-ago period.

    Duane Reade stores, acquired in April 2010, contributed 2.8% to the total sales increase for the month.

    Same-store sales rose 3% in March, not including Duane Reade stores. Results topped Wall Street expectations.

    Walgreens opened 12 stores during March, including three relocations, acquired one store and closed two.

  • Village on the Parkway acquired

    Dallas -- The Retail Connection, L.P., Lincoln Property Company Commercial and the Fidelity Real Estate Group announced Friday that they have acquired Village on the Parkway, a 380,000-sq.-ft. lifestyle center located in the Addison area of the Dallas Fort Worth Metroplex.

    The center was sold by J.E. Robert Co. after the default by its previous owner.

  • Modell’s opens 147th store

    New York City -- Modell’s Sporting Goods announced the opening of the company’s 147th store this past weekend with the grand opening of a new 8,451-sq.-ft. store located in the Interstate Shopping Center in Ramsey, N.J.

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