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Tenant Update

  • Brixmor announces pair of lease executions with Sleepy’s

    New York -- Brixmor Property Group said that Sleepy’s will open a 10,000-sq.-ft. store at Carolina Pavilion in Charlotte, N.C., and a 6,150-sq.-ft. store at Franklin Square in Gastonia, N.C.

    Brixmor, based in New York City, owns both of the shopping centers.

     

  • Gap to build new store in Miami

    Miami Beach, Fla. -- Terranova Corp. has signed a lease with Gap, providing a temporary store for the retailer while it builds its new multi-story location on Lincoln Road in Miami.

    Gap will open a new location just off Lincoln Road at 1669 Meridian Ave., two blocks away from Gap’s current location at 1001 Lincoln. The existing Gap will close by early 2013, when Gap will begin redeveloping the building into a two-level, 20,000-sq. ft. flagship store. During construction, Gap will stay open for business at the Meridian Avenue location.

  • CBRE names president and CEO

    Los Angeles -- CBRE Group announced that Robert E. Sulentic assumed the position of president and CEO, effective Dec. 1.
       
    Sulentic succeeds Brett White, who, as previously announced, retired on Nov. 30.

    Sulentic, most recently the company’s president, also joined CBRE’s board of directors, which has expanded to 11 members. White also remains a member of the board.
     

  • Whole Foods to open at Towers Plaza

    Melrose, Mass. -- Charter Realty & Development Corp. announced that shortly after acquiring Towers Plaza in Melrose, Mass., it has signed a 20-year lease for 29,980 sq. ft. to Whole Foods Market.

    Whole Foods will move into a space currently occupied by Johnny’s Foodmaster. The space will undergo a major renovation that will coincide with Charter’s renovation of the balance of the center.

     

  • David’s Bridal to open new store at Great Northeast Plaza

    Philadelphia -- Metro Commercial Real Estate said that David’s Bridal will open an 8,164-sq.-ft. store at Great Northeast Plaza, located in the northeastern part of Philadelphia.

    The new store is slated to open by spring 2013.

  • Simon acquires 100% ownership of two upscale outlet centers

    Indianapolis -- Simon Property Group said Wednesday it has acquired Paragon Outlets Grand Prairie in Grand Prairie, Texas, and Paragon Outlets Livermore Valley in Livermore, Calif.

    Simon now owns 100% of each asset.

    The 417,000-sq.-ft. Grand Prairie center is tenanted by Saks Fifth Avenue Off 5th, Bloomingdale's The Outlet Store, Coach, Cole Haan, DKNY, Hugo Boss, Kate Spade New York, J.Crew, Michael Kors, Nike and Tommy Hilfiger. The center opened in August 2012 and is 100% leased.

  • Brixmor announces multiple leases with Ross Dress for Less

    New York -- Brixmor Property Group announced four lease executions with Ross Dress for Less  across the Brixmor portfolio. Within the Brixmor portfolio of shopping centers, Ross currently has 26 locations in 11 states and encompasses approximately 800,000 sq. ft.

  • Shoe Carnival to open at Shops at South Elgin

    South Elgin, Ill. -- Oakbrook Terrace, Ill.-based Mid-America Asset Management Inc. announced that Shoe Carnival recently leased 10,072 sq. ft. at Shops at South Elgin in Chicago’s west suburbs.

    The retailer plans to open in spring 2013 in the 164,502-sq.-ft. shopping center. Shoe Carnival is taking space formerly occupied by Famous Footwear and joins Kohl’s, T.J. Maxx, Pier 1 Imports, Petco and the newly expanded Fruitful Yield Health Foods.  

     

  • It’Sugar to open at Delray Marketplace

    Delray Beach, Fla. -- Indianapolis-based Kite Realty Group announced that It'Sugar has leased 2,027 sq. ft. at Delray Marketplace located in Delray Beach, Fla.

  • Anna’s Linens to open at Lakewood Shopping Center

    Miami Beach, Fla. -- Terranova Corp. said that Anna’s Linens will open an 8,100-sq.-ft. store at Lakewood Shopping Center, located in Margate, Fla., and marking the retailer’s 21st location in the state.

    The new store will open in early 2013, joining a tenant line-up that includes Marshall’s, Ross Dress for Less and Staples.
     

     

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