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Tenant Update

  • Talbots records sharp Q3 loss amid reports of CEO shakeup

    Hingham, Mass. -- Talbots Inc. reported Thursday a loss of $22 million for the third quarter, compared with a profit of $17 million in the year-ago period. It was the apparel retailer’s third loss in four quarters. Talbots has posted an annual loss in three of the last four years.

  • Douglas Development names leasing director

    Washington, D.C. -- Douglas Development Corp. announced that Joe Ruzecki has joined the real estate company as the new director of leasing.

    Most recently, Ruzecki served as senior VP with CB Richard Ellis in Baltimore.
     

  • Indian grocer to open at Loehmann’s Plaza

    Sunnyvale, Calif. -- Jacksonville, Fla.-based Regency Centers said that Indian Bazaar has leased 4,480 sq. ft. at Loehmann’s Plaza in Sunnyvale, Calif.

    The new grocery store is slated to open in May 2012.

    The 113,309-sq.-ft. shopping center is anchored by CVS/pharmacy alongside national retailers including Safeway, Nail Time and Starbucks.

     

  • New retail leases signed at Shoppes @ 104

    Kendall Lakes, Fla. -- Jacksonville, Fla.-based Regency Centers said that two new merchants have leased space at its Shoppes @ 104 shopping center, in Kendall Lakes, Fla.

    Yogurtini has leased 1,400 sq. ft. of retail space, and Great Clips has leased 1,344 sq. ft. The 108,192-sq.-ft. shopping center is anchored by Winn-Dixie, alongside national retailers such as The UPS Store, Subway and GNC.
     

  • General Growth names CFO

    Chicago -- Mall owner General Growth Properties said Tuesday it has appointed Michael B. Berman as its new executive VP and CFO, effective Dec. 15.

    Berman replaces Steve Douglas, who will return to Brookfield Asset Management after his tenure with GGP and assume a role with Brookfield. Douglas will remain with GGP until December 31 to assist with the transition.

  • Gap debuts in Poland

    New York City -- Gap Inc. on Thursday opened its first store in Poland, in Warsaw’s Arkadia mall.

    Gap and its Polish franchise partner, Ultimate Fashion, are planning to open more stores in Poland in 2012 and expand to other countries in the region.
     

  • Motherhood Maternity opens at Waterford Commons

    Waterford, Conn. -- Brixmor Property Group said that Motherhood Maternity has opened a 1,500-sq.-ft. store at Waterford Commons, located in Waterford, Conn.

    Brixmor, based in New York City, owns Waterford Commons.

  • DLC signs four new anchor leases

    Tarrytown, N.Y. -- DLC Management Corp. said Tuesday that it has executed four new anchor deals over the last three-month period.

    In Jonesboro, Ga., PJS Market will open an 80,160-sq.-ft. retail mini-mall at Tara Crossing Shopping Center, in a space vacated just four months earlier. This is PJS Market’s second location in Metro Atlanta and is expected to open by the end of the year.

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