Real Estate

DALLAS — JCPenney will unveil the newest iteration of its store model with the opening of its new Dallas store in the TimberCreek Crossing shopping center on Sept. 30.

The 105,000-sq.-ft. single-level store provides an assortment of services under one roof, including dedicated in-store environments for MNG by Mango and a 1,700-sq.-ft. Sephora shop.

New York City -- Tiffany & Co. said Thursday it plans to open a store in New York’s SoHo neighborhood in September 2012.

The 7,000-sq.-ft. store will occupy a space that combines two locations -- 97 Greene Street and 106 Wooster Street. 

The 2012 opening corresponds to Tiffany’s 175th anniversary of its founding on Lower Broadway in the 1850s.

New York City -- Planet Fitness said Wednesday that it will open a Manhattan flagship location in Chelsea, at 158 West 27th Street, and is slated to open in early 2012.

The 20,000-sq.-ft. center will be housed at Himmel + Meringoff Properties’ 12-story, 117,000-sq.-ft. office building which has recently undergone a multi-million-dollar renovation.

Planet Fitness currently operates its only New York City fitness center in Harlem on 125th Street.

 

Plymouth Meeting, Pa. -- Fameco Real Estate, L.P. said that its property management division, Fameco Management Services, has been awarded two new assignments from Titanium Real Estate Advisors totaling 88,000 sq. ft.

Designers Court is a 78,000-sq.-ft. shopping center located in Marlton, N.J., anchored by Atlas Interior Home Fashions, Kroungold’s Furniture, Mixellaneous, ABC Discount Appliances and Toppers Salon and Health Spa.

New York City -- Winick Realty Group announced that 1800mattress.com has leased its third Brooklyn location at 2417 Flatbush Avenue, one block from Kings Plaza in the Flatbush -- Ditmas Park neighborhood.

The 2,500-sq.-ft. store was formerly home to Jennifer Convertibles.

The new location is the retailer’s 52nd in the northeast from Virginia to New Hampshire.
 

Fairhope, Ala. -- Jacksonville, Fla.-based Regency Centers said it has leased retail space in Fairhope, Ala., to two new tenants.

Fairhope Cosmetic Dentistry leased 2,000 sq. ft. of medical office space and opened in August. Additionally, Roy Rose Jewelry has leased 2,000 sq. ft. of retail space and is slated to open in the middle of September.

The 84,740-sq.-ft. shopping center is anchored by Publix Super Market alongside national retailers such as Merle Norman and Iberia Bank.
 

Houston -- Baker Katz, an X Team International partner and full-service commercial real estate brokerage firm, announced that it has completed a lease for the first Gold’s Gym Express in Victoria, Texas.

Located in the Northcross Shopping Center, Gold’s Gym Express is occupying 18,710 sq. ft. of the former H-E-B Grocery space, and joins Ashley’s Furniture HomeStore, Jason’s Deli, Dollar Tree and GameStop.

Rockville, Md. -- Federal Realty Investment Trust announced that Ellwood Thompson’s has finalized a lease to open a local, organic market at Rockville Town Square in Rockville, Md.

The new grocer will operate under the name Dawson’s Market and the store is slated to open spring 2012.

Dawson’s Market at Rockville Town Square will house approximately 15,000 sq. ft. of local and organic produce, meats, cheeses, prepared foods and baked goods.
 

Orange, Calif. -- Indianapolis-based Simon Property Group said that its Block at Orange shopping center will officially be rebranded as The Outlets at Orange.

The new name will signify its distinction as the only outlet and value retail destination in Orange County, Calif. Among the new retail names at the center will be Nordstrom Rack and Esprit.

Suffern, N.Y. -- Ascena Retail Group, owner of the Dressbarn, Maurices and Justice chains, reported Wednesday that net income for the quarter ended July 30 fell to $28.2 million, from $42 million in the year-ago period on one-time charges and a shorter quarter for the performance slide.