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Tenant Update

  • Dynamite enters New Jersey market

    Cherry Hill, N.J. -- Canadian apparel retailers Dynamite recently opened at Cherry Hill Mall. The 2,800-sq.-ft. store is one of the retailer’s first locations in the United States and it’s first in New Jersey. The fashion-forward retailer has more than 250 stores.

    Owned by Pennsylvania Real Estate Investment Trust, the 1,306,800-sq.-ft. mall is anchored by Nordstrom, Macy’s and J. C. Penney.

     

  • La Hacienda #10 to open in Placita de Oro

    Oro Valley, Ariz. -- La Hacienda #10 Mexican Restaurant has inked a lease for 3,619 sq. ft. in the Placita de Oro shopping center in Oro Valley, Ariz. Commercial Retail Advisors represented CTW-FVP, the landlord.

    Fred Wang, an independent real estate broker represented the restaurant.
     

  • Englewood Construction builds Chicago area’s first Ports 1961

    Chicago -- Englewood Construction announced its retail group has begun work on the Chicago market’s first Ports 1961, a luxury apparel retailer, in Rosemont, Ill.
     
    “Ports 1961 chose to enter the Chicago area by locating within Fashion Outlets of Chicago,” said William Di Santo, president of Lemont, Ill.-based Englewood Construction. “The retail world is anxiously awaiting the August 1 opening of this world-class fashion outlet mall in Rosemont.”

  • Nordstrom Rack in Long Beach City Place to close

    Long Beach, Calif. -- Nordstrom announced plans to close its Long Beach City Place Nordstrom Rack store in Long Beach, Calif. Originally opened in August 2002, the 33,000-sq.-ft. store will close to the public in late January 2014.

    The company will continue to serve customers at three nearby Nordstrom Rack locations in Lakewood, South Bay and Edinger.

  • SoulCycle inks lease at expanding Long Island center

    Woodbury, N.Y. -- SoulCycle has taken 3,000 sq. ft. of new space at the expanding Woodbury Common Shopping Center in Woodbury on Long Island, said Charter Realty & Development Corp., who represented SoulCycle.

    Owned and managed by Kabro Associates, the 85,000-sq.-ft. Woodbury Common is undergoing a 30,000-sq.-ft. expansion that will add parking, amenities and new facades.

    Fresh Market will take 20,000 sq. ft. of the new space.

     

  • UCR announces three new leases

    Houston -- United Commercial Realty Houston has announced three new leases for Houston-area centers:

    • Goody Goody Liquor will open a third Houston-area location at Copperfield Village Shopping Center this fall.
    • Pink’s Pizza has signed a deal for its fifth area location at the Cougar Den Plaza adjacent to the University of Houston’s central campus.
    • Affinity Veterinary will open a clinic at a center located at 19450 Katy Freeway in Houston.
  • Cameron Chase Village Center now 100% leased

    Ashburn, Va. -- Two new tenants have leased the last 3,500 sq. ft. available at Cameron Chase Village Center, according to The Rappaport Cos., the broker representing the landlord.

    Sharp Line Cuts Barber Shop took 1,400 sq. ft., and sit-down restaurant Sushi Noshi signed on for 2,100 sq. ft. Both plan to open in the fall.

     

  • Sears Canada executes landlord transactions on two stores

    Toronto -- Sears Canada Inc. will enter into a series of transactions related to two stores within shopping centers co-owned by Oxford Properties Group and Alberta Investment Management Corporation that give the co-owners the right to require Sears Canada to vacate the properties by March 2014. The transactions, valued at $191 million, affect stores at the Yorkdale Shopping Centre in Toronto and at Square One Shopping Centre in Mississauga.

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