Tenant Update

Voorhees, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust (PREIT) announced that upscale pet boutique It’s a Doggie Dog World has opened at its Voorhees Town Center property, located in Voorhees, N.J.

It’s A Doggie Dog World is located on The Boulevard, offering a wide variety of high-end merchandise and professional services for dogs and cats.

Oakbrook Terrace, Ill. -- Chicago-based Mid-America Real Estate Group announced the appointment of Cynthia J. Kratchman as a new principal at its Detroit-based division Mid-America Real Estate-Michigan Inc.

Kratchman joins the firm with more than 20 years of retail brokerage experience in Michigan, and will be primarily responsible for tenant representation, surplus disposition and high profile listings.

Previously, she was a broker with Landmark Commercial Real Estate Services.
 

Tustin, Calif. -- Present Value Properties announced Tuesday that Annette Kolb has been named director of real estate for the firm.

Kolb will be responsible for the real estate needs of national chain retailers including Pizza Hut, Long John Silver and Jack in the Box franchisees located in Phoenix, Dallas and Missouri. She will handle lease extensions/renegotiations, new locations and relocations and be based in Phoenix.

Northridge, Calif. -- Two new restaurants will join the tenant lineup at Northridge Fashion Center, located in Northride, Calif. The center will also add an outdoor amphitheater.

Scheduled to open late in fall 2012, Yard House and Elephant Bar will join the center's restaurant row, which already features California Pizza Kitchen, Wood Ranch BBQ & Grill, Claim Jumper and Romano's Macaroni Grill.

Antofagasta, Chile -- Atlanta-based tvsdesign said Monday it has partnered with Mall Plaza to repurpose the ground level of a parking garage into a high-end retail destination in Antofagasta, Chile.

The new retail destination, with tenants ranging from Roxy to Umbrale and Saville Row, opened in late 2011.

Mall Plaza wanted this new project to be an extension of Aires, a branded environment created by tvsdesign in 2010 and featuring a resort-like shopping district originally located in Plaza Vespucio.

Garden City, N.J. -- A Thursday report in the Wall Street Journal said that Neiman Marcus has moved on from its earlier plans to open a department store in the Mall at Oyster Bay, located in Syosset, N.Y., and owned by Taubman, and has instead decided to open a new 100,000-sq.-ft. anchor store at Simon Property Group’s Roosevelt Field Mall in Garden City.

The new store, slated for 2015 completion, will be part of a $200-million redevelopment of Roosevelt Field.

El Segundo, Calif. -- Federal Realty announced that The Container Store is slated to open a new store at its Plaza El Segundo property, in Southern California. The 22,000-sq.-ft. location is slated to open in June.

As well, Drybar hair salon will open a new location at the shopping center, featuring no cuts, no color, but just blowouts at $35 each. The 1,484-sq.-ft. salon is slated to open March 16.

Plaza El Segundo measures just under 400,000 sq. ft. and features three districts in an open-air coastal setting.

Woodbridge, N.J. -- SRS Real Estate Partners said that Burlington Coat Factory has leased 78,303 sq. ft. at Woodbridge Crossing Shopping Center in Woodbridge, N.J.

Burlington Coat Factory, scheduled to open later this year, will be occupying the former The Great Indoors, which closed several years ago.