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Development/Redevelopment

  • Five former Borders locations are re-tenanted

    New York City -- Brixmor Property Group said Friday that four national tenants – Books-A-Million, Big Lots, Dick’s Sporting Goods and REI – will occupy former Borders locations in California, Colorado, Connecticut, Michigan and North Carolina.

  • Pine Tree Silverpeak JV teams with Privet to acquire Alabama center

    Northbrook, Ill. -- Pine Tree Silverpeak Retail Partners, a joint venture between Northbrook, Ill.-based Pine Tree Commercial Realty and New York City-based Silverpeak Real Estate Partners, recently teamed up with New York City-based Privet Investments in the acquisition of Hamilton Place Shopping Center in Auburn, Ala.

    The partners purchased the grocery-anchored shopping center from an Alabama-based developer, assuming existing financing. Publix anchors the 79,540-sq.-ft. center.

  • Hobby Lobby opens at Wallkill Plaza

    Middletown, N.Y. -- Brixmor Property Group announced a 56,491-sq.-ft. Hobby Lobby recently opened at Fairview Corners, located in Middletown, N.Y.

    Brixmor, based in New York City, is the owner of Wallkill Plaza.

  • Polaris Fashion Place turns 10

    Central Ohio’s largest mall opened 10 years ago, and has continued to improve and evolve over a sometimes tumultuous decade, thanks to a hands-on management approach by its owner Glimcher Realty Trust, based in Columbus, Ohio.  Chain Store Age talked with Michael Glimcher, president and CEO of Glimcher Realty Trust, about Polaris Fashion Place and how it has stood the test of time.

    In its 10-year history, how has Polaris Fashion Place changed/evolved over the decade, especially during the more recent recessionary climate?

  • Super Supplements to open at Walker Center

    Beaverton, Ore. -- Jacksonville, Fla.-based Regency Centers said that regional vitamin and supplement retailer Super Supplements has leased 4,165-sq.-ft. of space at Walker Center, located in Beaverton, Ore.

    The new store is slated to open for business in spring 2012.
     
    The 89,609-sq.-ft. shopping center features national retailers such as Massage Envy, Five Guys Burgers and Fries, and Jimmy John’s Gourmet Sandwiches.
     

  • Apple unveils new entry for Fifth Avenue flagship

    New York City -- Apple on Friday unveiled a new glass entrance for its store on New York City's Fifth Avenue.

    The original 32-ft. glass cube previously used 90 panes of glass. The new design has a more sleeker, slimmed-down look and features 15 larger, seamless panes. Apple also updated the plaza outside the store.

    The total project cost Apple a reported $6.7 million.
     

  • Fresh & Easy debuts smaller Express format

    New York City -- Fresh & Easy Neighborhood Market, the U.S. division of Tesco, has opened its first Fresh & Easy Express store, at La Cienega Boulevard and 18th Street in Los Angeles.

    The new format is approximately 3,000 sq. ft. versus the 10,000-sq.-ft. footprint of a standard Fresh & Easy. It features an edited selection of some 2,700 SKUs, including fresh foods, baked items, groceries, and health and beauty items.
     

  • Coyote Management forms new marketing company

    Addison, Texas -- Coyote Management announced the formation of a new marketing solutions company called Coyote Creative.

    With the addition of the new company, the mall owner and manager has expanded its services to include marketing solutions to individual companies, regional malls, lifestyle projects and open-air shopping centers.

    The new company will be headed by Kymberley Scalia, corporate director of marketing, and Lindsey Willis, marketing coordinator.
     

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