Tenant Update

North Plainfield, N.J. — Levin Management inked 27 new leases and lease renewals totaling more than 190,000 sq. ft. over the past several months.

Northern New Jersey (Passaic, Essex, Bergen and Somerset counties)

• At West Orange Plaza in West Orange, Essex County, Levin signed a 14,115-sq.-ft. lease with Retro Fitness. In neighboring Passaic County, at Clifton Plaza in Clifton, Levin signed another gym for 15,000 sq. ft. and is overseeing its ground-up construction there.

Bebe Stores had a difficult second quarter. The company reported a net loss of $5.5 million, which it said was partly fueled by declining mall traffic and an aggressive promotional environment across the industry.

Net sales declined 4.1% to $130 million, from $135.5 million reported for the second quarter a year ago. Same-store sales decreased 1.9%.

CEO Steve Birkhold acknowledged challenges, but cited sequential improvement in same-store sales and holiday sales, as well.

Seattle -- Nordstrom announced plans to close it's store in Lloyd Center Mall, Portland, Ore., and its store in Vancouver Mall, Vancouver, Wash. Both locations will close in January 2015.

"This was a tough decision to make because we've been doing business in Lloyd Center and Vancouver Mall for a long time and we care about the community, our customers and our employyees here," said Ed Nordstrom, president of stores.

New York -- Seattle-based Nordstrom plans to open a Nordstrom Rack at Christiana Fashion Center in Newark, Del. The approximately 35,000-sq.-ft. store, which is scheduled to open in fall 2015, is the company’s first Rack location in the state.

The single-level, newly built Nordstrom Rack is located at the intersection of Interstate 95 and Route 1, adjacent to Christiana Mall and will be surrounded by a strong tenant mix.

Morrisville, N.C. — Earth Fare, Pier I Imports, Blackfinn Ameripub and Charming Charlie have inked new leases at Park West Village in Morrisville, N.C., according to the center’s owner, CASTO.

Seattle-based Nordstrom plans to open a Nordstrom Rack at Christiana Fashion Center in Newark, Del. The approximately 35,000-sq.-ft. store, which is scheduled to open in fall 2015, is the company’s first Rack location in the state.

The single-level, newly built Nordstrom Rack is located at the intersection of Interstate 95 and Route 1, adjacent to Christiana Mall and will be surrounded by a strong tenant mix.

Pleasanton, Calif. – DD’s Discounts, a division of Ross Stores, Inc., will relocate its Arlington, Texas, store on Feb. 8. The newly relocated store is in Four Corners Shopping Center.

Overall, DD’s Discounts operates 131 locations in 10 states, including 25 in Texas.

Owings Mills, Md. — Designer Shoe Warehouse has inked a deal to open a new store at Waugh Chapel Towne Centre in Gambrills, Md., between Annapolis and Baltimore, this summer. DSW has leased a 10,010-sq.-ft. space that the property’s owner Greenberg Gibbons will expand to 16,680 sq. ft. The deal leases the project up to 100%.

Seattle - Nordstrom, Inc. plans to relocate its full-line store to a new space within Ala Moana Center, Honolulu, Hawaii. The new three-level, approximately 186,000-sq.-ft. store is expected to open spring 2016.

Los Angeles — CBRE’s national retail investment group has arranged the sale of Oak Grove Plaza, a 120,491-sq.-ft. retail center anchored by Kroger Signature, to Chicago-based LaSalle Investment Management.

CBRE marketed the property, which is located in the Dallas suburb of Sachse, Texas, on behalf of Invesco Advisers.