Tenant Update

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 -- 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.

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.

Owings Mills, Md. — Towne Centre at Laurel in Laurel, Md., has announced leases for 14 new retailers and restaurants. The $130 million, 400,000-sq.-ft. mixed-use redevelopment of the former Laurel Mall is now 85% leased and under construction. The first phase is scheduled to open in March with the reopening of a new 70,000-sq.-ft. Burlington Coat Factory.

The remainder of the project will open this fall, featuring Regal Cinemas, Sports Authority and the first Harris Teeter in Prince George’s County, along with the following 14 new tenants:

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.

Dallas-Fort Worth, Texas — The Woodmont Company plans to break ground in February on a new building at its Streetsboro Commons development in Streetsboro, Ohio. The new building, located on a pad, is already about 80% pre-leased to three national tenants: Starbucks, Jimmy John’s and Midwest Mobility Services/AT&T dealer.