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Development/Redevelopment

  • Massage Envy to open at Cobblestone Plaza

    Pembroke Pines, Fla. -- Indianapolis-based, Kite Realty Group said that Massage Envy has leased 4,066 sq. ft. at Cobblestone Plaza, located in Pembroke Pines, Fla. 

    Kite Realty Group represented the landlord, KRG CREC/KS Pembroke Pines, LLC.

    Cobblestone Plaza is anchored by Whole Foods, All Pets Emporium and Party City. The center sites on approximately 22 acres with 140,452 sq. ft. of retail space.
     

  • Macy’s Herald Square renovation debuts Herald Square Café

    New York -- As part of its landmark, multi-year, $400 million dollar renovation of Macy’s Herald Square, the department store retailer debuts the Herald Square Café this week.

    Located on the second floor with the shoe department, the 1,434-sq.-ft., 45,-seat café will serve Starbucks coffees, chocolates and high-end champagnes.

  • SRS names VP

    Dallas -- SRS Real Estate Partners said that Scott Tiernan has joined the company as VP in the Atlanta office.

    Tiernan is charged with helping single-tenant building retailers and restaurateurs expand through leveraging the capabilities of SRS and Cypress Equities. Tiernan previously worked for O'Leary Partners in Atlanta.


     

  • Park Plaza on Maine welcomes three new tenants

    Baldwin Park, Calif. -- NewMark Merrill Cos. announced that three new tenants have joined Park Plaza on Maine, located in Baldwin Park, Calif., joining Superior Grocers, CVS, O’Reilly Auto Parts, Chase Bank, El Pollo Loco, GNC and Bank of America.

    Menchie’s Yogurt signed a five-year lease for a 1,586-sq.-ft. location; LA Eyebrow signed a five-year lease for a 1,220-sq.-ft. space; and Family Dollar signed a lease for the approximately 9,000-sq.-ft. space next door to Superior Grocers.

  • LandMark develops two CVS/Pharmacy stores in California

    Woodland Hills, Calif. -- LandMark Retail Group said it has completed the development of two CVS/Pharmacy stores in California – in Bakersfield and Palmdale.

    The Bakersfield store will be located in the newly developed Grand Island Village Shopping Center, a 90,000-sq.-ft. neighborhood center home to Chevron, Republic Bank and other small tenants.

    The Palmdale store is located in a Vallarta-anchored neighborhood shopping center and offers a drive-thru pharmacy.

  • Rainbow expands at Morse Shores

    Fort Myers, Fla. -- Brixmor Property Group announced that Rainbow recently expanded from 4,000 sq. ft. to 6,000 sq. ft. at Morse Shores, located on Palm Beach Blvd. in Fort Myers, Fla.

    Brixmor, based in New York City, is the owner of Morse Shores.
     

  • Regency uses crowdsourcing to lease Baltimore shopping center

    Jacksonville, Fla. -- Regency Centers said Friday it is asking Baltimore residents to suggest stores and restaurants they want to open at their local Parkville Shopping Center through an online crowdsourcing platform called Popularise. 

    The leasing recommendations will be considered as part of the grocery-anchored center’s renovation, which has begun construction. 

  • Fameco announces staff additions

    Plymouth Meeting, Pa. -- Fameco Real Estate announced that it has hired three new salespeople and has expanded its property management group with the hire of a new property management accountant and several internal moves to better support its growth.       

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