Development/Redevelopment

Lands' End is getting into the brick-and-mortar business just in time for the busiest shopping season of the year.

The online retailer plans to open two holiday pop-up shops, one in New York and one in Boston.

Greensboro, N.C. -- Tanger Factory Outlet Centers, Inc. announced the election of David B. Henry to its board of directors, effective Jan. 1.

Henry will retire from his current role as vice chairman of the board and CEO of Kimco Realty Corporation, effective Jan. 1. He joined Kimco, North America's largest publicly traded owner and operator of open air shopping centers, in April 2001 as vice chairman and chief investment officer, served as its president from December 2008 through August 2014, and has served as CEO since December 2009.

Pickerington, Ohio -- Stark Enterprise announced the addition of The Shoppes at Stonecreek located in Pickerington, Ohio to its retail portfolio. The 45,000 sq. ft. center is currently 100% occupied, tenants include: Lifetime Fitness, Petland, Advanced Vapor, Lomonico’s and Roosters.

“This acquisition further expands our footprint outside of Northeast Ohio and is a prime opportunity for us to prove the transformational impact we have on our properties,” said Ezra Stark, COO for Stark Enterprises.

Ikea plans to install a solar energy system atop its Las Vegas store, opening summer 2016.

Panel installation will begin this winter, with completion expected in spring for what Ikea says will be the largest single-use rooftop solar array by a retailer in the state of Nevada. The 351,000-sq.-ft. future Ikea Las Vegas, and 1,300 parking spaces, currently is under construction.

Oak Brook, Ill. -- Inland Real Estate Acquisitions announced the acquisition of five properties in September on behalf of Inland related parties totaling nearly 500,000 sq. ft. across five states. The acquisitions collectively total $138.4 million in purchase price.

Ridge Hill Shopping Center, developed by Forest City Ratner Companies (FCRC), is expanding.

During the course of the last month, Yonkers, New York-based Ridge Hill added nine new retailers and attractions to its roster of tenants. In the first half of 2015, the center added a total of 50,000 sq. ft. of retail and restaurants, with an additional 15,000 sq. ft. of office space. Seasonal offerings will account for another 14,000 sq. ft. and the center is poised to add 10,000-sq.-ft. of permanent retail before the year ends.

It seems as though off-price is one of the few bright spots in traditional retail these days, so it's no wonder that Hudson’s Bay Company is adding another off-price concept to its portfolio.

Walnut Creek, Calif. -- Macerich announced 45 retailers set to join Broadway Plaza in Walnut Creek, California. The center, anchored by Nordstrom, Neiman Marcus and Macy's, is undergoing a major renovation that will add 315,000 sq. ft. of new space, parking, new finishes and refreshed outdoor amenities.

The TJX Companies is expanding into another country with its acquisition of Trade Secret’s 35 stores.

TJX announced it has completed its acquisition of Trade Secret, an off-price retailer that operates 35 stores in Australia, from Gazal Corporation Limited for $59 million. The acquisition of Trade Secret provides TJX an opportunistic entry into Australia, where TJX currently operates one of its 13 buying offices.

New York -- Howard Hughes Corporation announced McNally Jackson Books will open a new location in 2017 at the iconic Seaport District in New York. The independent New York bookstore will set up shop in Schermerhorn Row along the cobblestoned streets of the historic district and bring a new literary experience to the Seaport with a refined and carefully curated selection of books, free interactive event programming, a café with outdoor seating and a family-friendly reading area for children to engage the growing residential community.