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Real Estate

  • Simon and Tanger break ground on Charlotte Outlets

    Indianapolis — Simon Property Group and Tanger Factory Outlet Centers have announced that construction has begun on Charlotte Premium Outlets. The first phase of the planned 400,000-sq.-ft. center will open in the summer of 2014. The project is a 50/50 joint venture between Simon and Tanger.

    Charlotte Premium Outlets will feature Saks Fifth Avenue Off 5th and more than 90 other outlet stores.

    Tanger is providing site development and construction supervision to the venture. Simon is providing management services and marketing.

  • Charter arranges TJX lease at Meriden Mall

    Meriden, Conn. — A TJX Marshall’s store has leased a 23,137-sq.-ft. space at the Meriden Mall in Meriden, Conn. Charter Realty and Development represented the TJX Company in the transaction. Charter Realty is TJX’s exclusive broker for Connecticut, and this is the 25th lease TJX lease the company has arranged.

    Anchored by Best Buy, Dick’s Sporting Goods and Macy’s, the 894,435-sq.-ft. mall, owned by The Westfield Group, has 142 stores and ranks as the seventh largest mall in Connecticut.

     

  • Dick’s to unveil remodeled store in Cary, N.C.

    Pittsburgh -- Dick’s Sporting Goods will open its newly renovated store in Cary, N.C., on Sept. 29, featuring 56,000 sq. ft. of specialized services and experiential elements such as a golf simulator, club fitting center, putting green, archery lane with an on-site bow technician, and bike safety inspections, custom fittings, tune-ups and assembly.

  • Jerry Bob’s Restaurant expands in Tucson

    Tucson, Ariz. — Jerry Bob’s Restaurant plans to open its 15th restaurant in the Tucson area — in River Crossing. JB Restaurants V, the franchisee, will own the 2,400-sq.-ft restaurant that is slated to open in January 2014.

    Commercial Retail Advisors www.cradvisorsllc.com represented the Landlord, La Cholla and River Road Associates, and CBRE represented JB Restaurants.

     

  • HomeGoods inks lease for The Shoppes at Flemington

    Flemington, N.J. — HomeGoods has signed a long-term lease with The Shoppes at Flemington in Flemington, N.J., and is open and operating in a 22,000-sq.-ft. building that came as part of the deal.

    Levin Management manages and markets the center for the owner, Garrison Investment Group. Welco Realty represented HomeGoods.

    Levin also served as the construction manager for the development of the new retail space and managed the land development approvals.

  • J.Crew Factory signs into Plymouth Meeting Mall

    Plymouth Meeting, Pa. — J.Crew Factory, which offers still fashionable apparel from past J.Crew collections, plans to open a 6,100-sq.-ft. store in The Plaza Shops at Plymouth Meeting Mall this fall.

    Anchored by Macy’s and Boscov’s, Plymouth Meeting Mall offers more than 100 specialty retailers. Whole Foods Market and Café anchors The Plaza Shops extension of the mall. Pennsylvania Real Estate Investment Trust www.preit.com owns, manages and leases the property.

     

  • Gordmans to open in Boise’s Southshore Center

    Boise, Idaho — Gordmans Inc. has signed an anchor lease for 50,505 sq. ft. at Southshore Shopping Center in Boise, Idaho, said Pine Tree Commercial Realty LLC. The store is slated to open next spring.

    The property is owned by Pine Tree –Inland Development I LLC, a joint venture between Inland Real Estate Corporation and Pine Tree Institutional Realty LLC, an affiliate of Pine Tree Commercial Realty.

    Mark Bottles Real Estate Services represented the landlord in the transaction.

     

  • DSW to open N.J. store

    Columbus, Ohio – DSW Inc. is opening a new store in Eatontown, N.J., on Sept. 26.

    The store will be located at 135 Route 35 in Eatontown. Customers will be eligible to participate in the DSW Rewards loyalty program as well as the DSW Shoe Lover program on Facebook which enables them to receive exclusive offers and giveaways, including chances to win free shoes on Facebook each Tuesday.

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