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Real Estate

  • Family Dollar gets the Walmart treatment

    New York City -- Family Dollar hasn’t faced much community opposition during an ambitious decade-long expansion program that has left the company with roughly 7,000 stores in 45 states. However, there is a first time for everything and residents in the North Carolina community of Carrboro are pushing back against the retailer’s efforts to open a new store.

  • Crocs unveils new store concept

    Niwot, Colo. -- Casual footwear-retailer Crocs debuted its new concept store, with locations in Mall of America, Bloomington, Minn.; Barton Creek, Austin, Tex.; and Streets at Southpoint, Durham, N.C.

  • Olympia Sports open 200th location

    Westbrook, Maine -- Olympia Sports has opened its 200th store, in Dunkirk, Md., at Dunkirk Gateway Shopping Center.

    The regional sporting goods chain has four more confirmed openings by yearend.

    “We will continue to expand in our current footprint as well as throughout the Mid-Atlantic States. Our studies have shown a real opportunity for expansion throughout this new market, and we plan to aggressively pursue those opportunities,” said Ed Manganello, president.
     

  • 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.

  • Athleta makes Philadelphia-area debut

    Philadelphia -- Metro Commercial Real Estate said that Athleta has opened its first store in the Philadelphia area at 1722 Walnut Street in the heart of Center City. 

    The 4,000-sq.-ft. store, which is a division of Gap Inc., opened on Nov. 9. Kaiserman Cos. is the landlord of 1722 Walnut Street, a strip of high-end retail along Philadelphia’s Rittenhouse Row.
     

  • Fashion to Figure is opens at Cherry Hill Mall

    Cherry Hill, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that plus-size fashion retailer Fashion to Figure has opened a 2,719-sq-ft. store at Cherry Hill Mall, in Cherry Hill, N.J.

    The new store is located on the Upper Level near J.C. Penney.

  • Present Value Properties negotiates six Menchie's leases in California

    Tustin, Calif. -- Present Value Properties said it has represented Menchie's in six California lease transactions for the frozen yogurt purveyor.

    A Menchie's franchisee signed a five-year lease for 1,637 sq. ft. in Orange, in a center anchored by Petco and Michaels. Menchie's will open in first quarter 2012.

    In Whittier, Menchie’s will open a 1,250-sq.-ft. shop at Santa Fe Springs Plaza in early 2012. The center is anchored by Food For Less, and is currently undergoing a remodel.

  • 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.

  • Platypus to open at the Streets of Chester

    Woodbridge, N.J. -- Fameco Real Estate announced that Platypus Custom Home Furnishings has signed a 5,005-sq.-ft. lease at the Streets of Chester, in Chester, N.J. 

    The Streets of Chester is a 104,682-sq.-ft. lifestyle center tenanted by Chico’s, White House Black Market, Coldwater Creek and the Gap.

    This newest location is Platypus’s fifth.
     

  • Chipotle Mexican Grill to open at Corbin’s Center

    West Hartford, Conn. -- Jacksonville, Fla.-based Regency Centers said that Chipotle Mexican Grill will open a new restaurant at Corbin’s Center, located in West Hartford, Conn.

    The 3,500-sq.-ft. restaurant is slated to open October 2012.

    Corbin’s Center, at 186,163 sq. ft., is anchored by Trader Joe’s alongside national retailers such as Best Buy, Old Navy and Toys “R” Us.

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