Tenant Update

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.

Beachwood, Ohio -- Shopping center owner DDR Corp. said Tuesday that four new Shoe Carnival stores will open at DDR shopping centers in 2012.

The new stores are a result of DDR's focus to consolidate small shop space by reconfiguring and re-leasing space to national retailers, improving tenant mix and the quality of cash flow. At three of the shopping centers, multiple small shop units have been combined to accommodate the new Shoe Carnival stores. The fourth center is located in Puerto Rico.

San Francisco -- Jones Lang LaSalle announced that John Stevens joined the firm’s San Francisco office as VP leasing specialist. A 25-year veteran of commercial real estate, Stevens will focus on leasing space in the firm’s 12 million-sq.-ft., third-party retail portfolio on the West Coast.

Moorestown, N.J. -- North Plainfield, N.J.-based Levin Management Corp. said it has been appointed property manager and exclusive leasing agent for Moorestown Shopping Center, a 48,920-sq.-ft. retail venue in Moorestown, N.J.

The center is tenanted by health club Retro Fitness, along with Dunkin’ Donuts, Family Dollar and a number of local businesses, including a dry cleaner, a martial arts studio and a tanning and beauty salon.

Kansas City, Kan. – OTB Destination announced that the area’s first White House | Black Market Outlet boutique will open at Legends Outlets Kansas City in May 2012.

The women’s retailer will offer a collection designed specifically for the outlet boutique, while offering a select assortment of product from their full-price boutiques as well. The White House Black Market Outlet boutique will occupy an overall square footage of 2,955 next to Saks Fifth Avenue Off 5th.

Dallas -- Fort Worth, Texas-based Trademark Property Co. announced the opening of Central Market’s first small prototype store at its Preston Oaks center. Located in the Preston Hollow neighborhood in Dallas, the 30,000 sq.-ft. store is the ninth location -- the fifth in Dallas-Fort Worth -- for the specialty grocer.

The agreement with H-E-B Central Market was originally announced by Trademark in May 2011 following strong interest from several potential tenants looking to move into the former Borders bookstore location.

Kansas City, Mo. -- Chain Store Age real estate columnist Jeff Green, featured regularly on Chainstoreage.com’s community page with his “Retail Rap with Jeff Green” commentary, was interviewed by the Kansas City Star about trends in retail real estate. 

Click here to read the story.
 

Cherry Hill, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that The Art of Shaving has opened at its Cherry Hill Mall, located in Cherry Hill, N.J.

The 357-sq.-ft. kiosk is located by the Grand Court.