Real Estate

Sidney, Neb. -- Outdoor retailer Cabela’s reported Thursday that profit for the third quarter surged 68.7% to $33.3 million, compared with $19.7 million in the year-ago period. Results surpassed analysts’ expectations and mark the third straight quarter of profit rises.

Revenue rose 6% to $678.6 million, missing Wall Street’s expected $681.5 million.

New York City -- Brixmor Property Group said Wednesday it has appointed Thomas W. Litzler as senior VP, central region.

Based in Chicago, Litzler will serve as the asset manager for the region, directing leasing, property operations and redevelopment activity for 11.7 million sq. ft. of community and neighborhood shopping centers in Illinois, Indiana, Iowa, Kansas, Minnesota, Missouri and Wisconsin.

Dallas -- SRS Real Estate Partners said that Dollar Tree/Deal$ has leased four new retail spaces, all in New York.

The company leased 12,000 sq. ft. in Maspeth, N.Y.; 12,000 sq. ft. in Brooklyn; 10,250 sq. ft. in Sunnyside; and 9,341 sq. ft. on Broadway in New York City.
 

New York City -- Prudential Douglas Elliman's Retail Group said Wednesday it has a arranged a long-term lease for The Harlem Wine Gallery at 752 Saint Nicholas Avenue, between 147th and 148th Streets in New York City.

The transaction is the second wine and spirit shop that the team has arranged on the corridor in recent months, following Unity Wines & Spirits at 704 Saint Nicholas Avenue.
 
 

Atwater, Calif. -- Jacksonville, Fla.-based Regency Centers said that Dollar Tree has leased retail space in Atwater, Calif., at Applegate Ranch Shopping Center.

Dollar Tree leased 9,264 sq. ft. and is now open. The 464,136-sq.-ft. shopping center is anchored by a Super Target, Walmart, Marshalls and Petco.
 

Newington, N.H. -- Burlington, Mass.-based KeyPoint Partners said it has been awarded the property management and leasing contracts for The Crossings at Fox Run, a 475,000-sq.-ft. power center in Newington, N.H.

The property will be handled out of the firm’s Burlington, Mass., corporate headquarters. Heitman LLC awarded the contracts.

Chattanooga, Tenn. -- Development, construction, brokerage and property management firm The Hutton Co. said Thursday that Geoff Smith and Bob Elliot, formerly of CBL & Associates, have joined the company.

Karen J. Hutton, owner of the Hutton Co., will retain her title as CEO and Geoff Smith will serve as president. Bob Elliott has been named VP of Hutton Construction.

Somers Point, N.J. -- Brixmor Property Group announced a 2,400-sq.-ft. lease has been executed with Pet Valu at Ocean Heights Shopping Center, located in Somers Point, N.J. 

Brixmor, based in New York City, is the owner of Ocean Heights Shopping Center.
 

Hamilton Township, N.J. -- North Plainfield, N.J.-based Levin Management said Thursday that its year-long, multi-million dollar renovation of 59-year-old Hamilton Plaza is nearing completion. The renovation of the 184,272-sq.-ft. center, located in Hamilton Twp., N.J., includes significant upgrades to the common areas, and the addition of two pad sites and a 10,000-sq.-ft. end cap.

Dallas -- SRS Real Estate Partners announced that Dick’s Sporting Goods has executed leases and opened stores with affiliates of Forest City Enterprises at two projects in Metro New York.

A 49,286-sq.-ft. Dick’s opened at Forest City Ratner’s Ridge Hill project in Yonkers, N.Y., anchoring the one million-sq.-ft. center.

A 35,685-sq.-ft. Dick’s also opened in Staten Island, in a freestanding location in front of Staten Island Mall.