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Development/Redevelopment

  • Tuesday Morning to open at Village Crossing, Chicago

    Niles, Ill. -- Tuesday Morning has signed a lease for 20,000 sq. ft. at Village Crossing in Niles, Ill., a North Shore suburb of Chicago.

    According to Oakbrook Terrace-based Mid-America Asset Management, the exclusive leasing representative for the center, Tuesday Morning plans to open in January 2011 as a new anchor, joining Dick’s Sporting Goods, Jewel/Osco and Pier 1 Imports.

  • Popeye’s to open two Greater Philadelphia stores

    Philadelphia -- Center City Philadelphia-based Michael Salove Co., an X Team partner, announced the completion of two lease transactions with Popeye’s Louisiana Kitchen in the Greater Philadelphia area.

    Popeye’s has signed a lease to open a 2,069-sq.-ft. freestanding unit in Wilmington, Del., and 2,152-sq.-ft. endcap at Darby Town Center in Darby, Pa.

    Both are slated to open in March 2011. Once open, these units will be the 15th and 16th for the New Jersey-based franchisee.

  • Waldin Jewelers opens at Francis Scott Key Mall

    Frederick, Md. -- Philadelphia-based Pennsylvania Real Estate Investment Trust (PREIT) said that Waldin Jewelers has opened at Francis Scott Key Mall, in Frederick, Md.

    The 1,103-sq.-ft. retailer is located in the Center Court of the mall.

    Francis Scott Key Mall is owned and managed by PREIT.

  • WP Realty acquires Mayfair Shopping Center

    Philadelphia -- Bryn Mawr, Pa.-based WP Realty said it has acquired Mayfair Shopping Center, located in Philadelphia.

    Mayfair is a single-story, 115,411-sq.-ft. community shopping center comprised of four buildings, including one bank pad (Wachovia). The center is anchored by national and regional retailers including Shop ‘n Bag, Dollar Tree and Fashion Bug.

    Mayfair Shopping Center is currently 86% occupied with 16,339 sq. ft. of available retail space.

  • Dillard’s to open Internet distribution center

    Maumelle, Ark. -- Dillard’s announced it will locate an Internet fulfillment center in Maumelle, Ark., to support the continuing growth of its online business. The company has signed an agreement to purchase the former Target distribution facility and will create over 300 new jobs in the Central Arkansas area.

  • REI to open in Olympia, Wash.

    Seattle - REI  (Recreational Equipment, Inc.) will to open a new store in Olympia, Wash. in the spring of 2011. 

    The two-story, 25,000 square-foot store will be located off Cooper Point Road at Westfield Capital Shopping Mall. 

    “REI looks forward to extending our roots further south in Puget Sound with the new store in Olympia,” said Kevin Golic, REI’s retail director for the Washington Alaska district. 

  • Dollar General considering new DC in Alabama

    New York - Dollar General is considering a plan to build a $60 million distribution center in Bessemer that could create up to 650 jobs, the Birmingham Business Journal reported. 

    The new facility would be the 10th distribution center for Dollar General (NYSE: DG), according to Tawn Earnest, senior director of corporate communications for the company. The company is seeking incentives from local governments for the project.

  • Report: Walmart to test small-format campus store

    Fayetteville, Ark. - A report Monday said that Wal-Mart Stores is preparing to test a small-format store it is calling “Walmart on Campus” at the University of Arkansas in Fayetteville.

    According to the report by Advertising Age, the pilot appears to be part of a series of tests of Walmart’s smaller-format stores.

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