Real Estate

Houston — Transwestern’s Houston headquarters today announced that it is acquiring Richards Barry Joyce & Partners, a full-service real estate firm based in Boston. It will become Transwestern’s 34th U.S. office.

Los Angeles -- Grocery chain Fresh & Easy confirmed reports that its British parent Tesco LLC has sold the brand to private equity firm The Yucaipa Cos., following months of uncertainty about the 200+-unit chain’s future.

Fresh & Easy posted on its website Tuesday that more than 4,000 jobs would be saved under the purchase agreement but that some stores will be closing.  Specific stores have not been identified, and the terms of the agreement weren’t disclosed.

New York— Robert Graham has announced a new lease agreement to open its first New York City store on Bleecker Street this fall. The West Village Bleecker Street fashion corridor houses Burberry, Brunello Cucinelli, Marc Jacobs, rag & bone, and Ralph Lauren.

Robert Graham currently operates six freestanding stores across the country. They are located in Los Angeles, Houston, Las Vegas, Boca Raton, Fla., Long Island, N.Y., and Short Hills, N.J.

Philadelphia — Pennsylvania Real Estate Investment Trust is relocating the award-winning Rizzieri Salon and Spa to Moorestown Mall from its current location in Marlton, N.J. The spa will take over a newly designed 12,000-sq.-ft. space late next year.

The move is part of PREIT’s repositioning effort for the mall. In addition to Rizzieri, the effort has brought in artisan-owned restaurants, a premium movie theater and specialty stores unique to the mall environment.

Los Angeles — PCG Woodland Hills Topanga LLC, an affiliate of Paragon Commercial Group, has acquired the Woodland Hills Shopping Center located in the Warner Center master planned community in the San Fernando Valley. Paragon Commercial Group acquires, develops and manages high quality, value add retail investments. The seller was Woodland Hills Retail.

The 112,649-sq.-ft. center was 100% leased at the time of the sale. Anchor tenants include Toys “R” Us, Office Depot and Off Broadway Shoes.

San Diego — Brixmor Property Group has leased approximately 45,000 sq. ft. to Smart & Final Extra! at Brixmor’s San Dimas Plaza in San Dimas, Calif. The supermarket/warehouse store will take over the space formerly occupied by Ralphs. NAI Capital represented Smart & Final.

T.J. Maxx anchors the 119,157-sq.-ft. San Dimas Plaza alongside national retailers Rite Aid, Payless ShoeSource, Sprint and RadioShack.

Minneapolis -- Christopher & Banks Corp. reported a loss of $265,000 for the quarter ended Aug. 4, narrowed from a $2.2 million loss in the year-ago period. Sales edged up 1% to $104.2 million from $103.4 million, and same-store sales climbed 7.7%.

Under the leadership of CEO LuAnn Via, the company is in the early stages of a turnaround, with store openings on tap for both fiscal 2013 and a longer-term three-year period.

Hilton Head Island, S.C. — Shelter Cove Towne Centre has signed letters of intent with two new tenants: Heritage Fine Jewelry and Jake’s Wayback Burgers.

A joint venture between Blanchard & Calhoun Commercial and Kroger Real Estate, Shelter Cove is being developed into a destination for Hilton Head residents and the area’s 2.5 million visitors. The project includes plans to redevelop the existing mall into a walking village that will consist of 290,000 sq. ft. of retail space anchored by Kroger and Belk.