Real Estate

Pembroke Pines, Fla. -- Indianapolis-based Kite Realty Group announces that two additional tenants have joined Cobblestone Plaza, located in Pembroke Pines, Fla.

Great Clips will open a 1,066-sq.-ft. store and Michael’s Jewelry will open in a 1,400-sq.-ft. space.

The 140,452-sq.-ft. Cobblestone Plaza is newly anchored by Whole Foods, which opened March 28, joining All Pets Emporium and Party City. 

St. Charles, Mo. -- Peoria, Ill.-based Cullinan Properties announced that The Art Institute of St. Louis has signed a lease and will be opening a school at the new Streets of St. Charles mixed-use development, with classes scheduled to begin in July.

The development, located in St. Charles/Metro St. Louis, is currently delivering spaces to all of its phase one tenancy.

The Art Institute of St. Louis is one of The Art Institutes, a system of more than 50 educational institutions located throughout North America.

Washington, D.C. -- Sax Realty said that Bed Bath & Beyond will open a new 28,000-sq.-ft. store at Village South at Waugh Chapel, the largest power strip being built in the Washington, D.C., area.

The store is slated to open in the fall.

The one million-sq.-ft. mixed-use development, developed by Greenberg Gibbons, is also anchored by Wegman's, Target, Regal Cinema, Dick's Sporting Goods and Petco.

Peoria, Ill. -- Christopher M. West, COO and partner of Cullinan Properties, announced several additions to the Cullinan team.

Shawn Luesse has been hired as project manager for the Streets of St. Charles mixed-use development in metro St. Louis. Luesse was previously director of development for the G & T Group, based in Champaign, Ill.

Seth Marks has joined the team as leasing representative, assisting with the retail, restaurant and entertainment leasing for The Streets of St. Charles and the Quincy Mall in Quincy, Ill.

New York -- Winick Realty Group announced that it has hired Kenneth Hochhauser to join the company’s executive team as executive VP to assist in both tenant and landlord representation.

Hochhauser joined Winick Realty on May 1 following a long tenure at Newmark Knight Frank, where he ultimately held the position of senior VP.
 

As one of the oldest REITs in existence today, Federal Realty Investment Trust has every right to send up some fireworks over reaching the 50-year mark this year.

The Rockville, Md.-based real estate company was established in 1962 with three properties in the metropolitan Washington, D.C., area, including Congressional Plaza (shown here, both then and now). Today, Federal Realty’s portfolio comprises about 19.3 million sq. ft. primarily in its core base of the northeastern and Mid-Atlantic U.S., as well as in California.