Development/Redevelopment

Manville, N.J. -- Purchase, N.Y.-based National Realty & Development Corp. said that Dollar Zone has leased 15,000 sq. ft. and Leslie’s Swimming Pool Supplies has leased 2,970 sq. ft. at Marketplace at Manville, located in Manville, N.J.

Both retailers are slated to open this spring.

Walmart, A&P Supermarket and Reading Cinema anchor the 275,354-sq.-ft. center, which is now 100% leased.

Indio, Calif. -- Jacksonville, Fla.-based Regency Centers said it has signed a lease and begun construction on a new Toys “R” Us/Babies “R” Us store at Indio Towne Center in Indio, Calif.

The 46,827-sq.-ft. location will replace the retailer’s store in Palm Desert and become its only location in Southern California’s Coachella Valley.

The challenge of spearheading Target’s entry into Canada will be handled by Tony Fisher. He was named president of Target Canada last week in a brief press release that offered little detail on his background or qualifications to lead the company’s efforts to open between 100 and 150 stores beginning in 2013. Here’s what Target had to say about Fisher.

Princeton, N.J. -- NAI Global said it has named Art Carll as senior VP for the commercial real estate firm.

Carll previously served as the executive managing director of NAI Las Vegas and regional manager for the Western Region for NAI Global.

Carll will be focused on business development and service delivery with NAI Global’s Special Asset Solutions and Corporate Solutions groups in the West, as well as supporting NAI members throughout the Western region.

Dallas -- J.C. Penney on Monday unveiled a restructuring plan, which includes close five department stores and one home store, because they are no longer profitable enough. The retailer named William Ackman to its board after the activist investor became its biggest shareholder

San Jose, Calif. -- Grubb & Ellis Co. announced that Robert Cook has joined the company as senior VP corporate services, based in the company’s San Jose office. 

Mechanicsville, Va. -- Sleepy’s the Mattress Professionals has opened a new, 8,720-sq.-ft. store at Hanover Square, located in Mechanicsville, Va.

The shopping center is owned by Centro Properties Group, based in New York City.

Rochester Hills, Mich. -- Emagine Theatres has opened a 47,884-sq.-ft. location at Hampton Village Centre, in Rochester Hills, Mich.

The center is owned by Centro Properties Group, based in New York City.