Real Estate

Short Hills, N.J. -- The Mall at Short Hills, located in Short Hills, N.J., announced that Carlo Pazolini and Ermenegildo Zegna have joined the mall’s tenant roster. 

Luxury menswear retailer Ermenegildo Zegna opened on the upper level near Neiman Marcus. 

Carlo Pazolini has located on the lower level near Macy’s, and will present Carlo Pazolini, Carlo Pazolini Couture and Adami collections.

Yonkers, N.Y. -- Aries Deitch & Endelson said that a lease was recently signed by TJX Cos. for a 32,000-sq.-ft. T.J. Maxx store slated to open this spring at Westchester County’s Ridge Hill, the New York metropolitan area’s largest mixed-use outdoor shopping center. 

Located in Yonkers, the lifestyle center, which is owned by Forest City Ratner Cos., spans more than 81.4 acres and includes 1.3 million sq. ft.

Dallas -- Venture Commercial Real Estate said it has represented rue21 in lease negotiations for two new store locations that opened in November in Paris, Texas and Chickasha, Okla.

The Paris store is in a 7,162-sq.-ft. space in Paris Towne Center, and the Chickasha store is located in the Southland Shopping Center.
 

Cherry Hill, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that Brookstone has opened at Cherry Hill Mall, in Cherry Hill, N.J.

The 2,600-sq.-ft. store is located by the Grand Court.
 

Oak Brook, Ill. -- Inland Western Retail Real Estate Trust has announced the acquisition of Alamo Ranch in a joint venture with RioCan Real Estate Investment Trust. The 469,031-sq.-ft. shopping center is located in San Antonio, Texas, and was purchased for approximately $92.2 million.

Tampa, Fla. -- RMC Property Group said that Charles Boscarino has joined the company as the newly appointed VP of leasing. 

Boscarino replaces Bobby Eggleston, who has been promoted to VP of RMC and will be involved in the areas of acquisitions and new development.

Boscarino previously served as VP real estate and store development for Bealls Stores, where he was primarily responsible for the development, expansion, and marketing of 500 stores in 14 states.

Garden City, N.Y. -- Sabre Real Estate Group said that Scott Sher has been named senior VP of the retail real estate brokerage firm.

Formerly director of real estate-northeastern region at Katz & Associates Corp., of Pearl River, Sher specializes in tenant and landlord representation in the New Jersey, Manhattan, Outer Boroughs, Westchester and Long Island markets.
 

Granada Hills, Calif. -- Jacksonville, Fla.-based Regency Centers said that it has leased 7,083 sq. ft. of retail space in Granada Hills, Calif., among three new tenants at Granada Village.

Carter’s leased 3,866 sq. ft., and hair salon Fantastic Sams leased 1,217 sq. ft.  Both are slated to open for business in March 2012. Opening in second quarter 2012, Freebirds World Burrito has leased 2,000 sq. ft. of restaurant space.

Seattle -- REI (Recreational Equipment Inc.) announced that it will open its first location in Ohio next fall at Rockwood Commons in Cincinnati. The one-story location will occupy 22,000 sq. ft. and will serve more than 5,000 active REI members as well as other outdoor enthusiasts in the community.

The company also announced that it will open a store in Medford, Ore. The 23,500-sq.-ft., one-story location will open next fall in Alba Village and help outfit approximately 7,300 local active members and other adventurers.

The commute into downtown Minneapolis should get a little easier in the coming years, as Target is set to relocate nearly 4,000 technology-related workers from its headquarters to a new office in the Northern suburb of Brooklyn Park.

According to the Minneapolis St. Paul Business Journal, the transition of about 2,400 technology team members and 1,500 contract workers will begin next year. To read more, click here.