Real Estate

Delray Beach, Fla. -- Indianapolis-based Kite Realty Group announced that It'Sugar has leased 2,027 sq. ft. at Delray Marketplace located in Delray Beach, Fla.

Oak Brook, Ill. -- Inland Private Capital Corp. announced three employee promotions and the hiring of one new employee to the company’s senior management team. 

Effective Nov. 13, the company has promoted Keith Lampi to the position of COO and Rahul Sehgal to chief investment officer. Additionally, Joe Binder has been promoted to senior VP acquisitions; Dione McConnell has been appointed VP operations.

Huntington Beach, Calif. -- DJM Capital Partners announced that it has acquired about 11 acres from Crescent Heights for the retail and hotel portion of a planned mixed-use development Pacific City.

The company said it plans to develop on the original footprint and with almost 6.5 acres for 191,000 sq. ft. of open-air retail, restaurants and entertainment and four acres for an eight-story hotel. 

Hampstead, Md. -- JoS. A. Bank Clothiers announced the opening of its 600th store, in the Shops at Midtown Miami on North Miami Avenue in Miami. The company said it expects to open another 200 stores in the future as part of its long-term plan to grow the chain to approximately 800 stores, including 700 full-line stores and 100 factory stores in the United States.

SEATTLE — Nordstrom is relocating its full-line store located at South Bay Galleria three miles south to a two-level, 138,000-sq.-ft. location at the Del Amo Fashion Center that will open in 2015.
 

Miami Beach, Fla. -- Terranova Corp. said that Anna’s Linens will open an 8,100-sq.-ft. store at Lakewood Shopping Center, located in Margate, Fla., and marking the retailer’s 21st location in the state.

The new store will open in early 2013, joining a tenant line-up that includes Marshall’s, Ross Dress for Less and Staples.
 

North Plainfield, N.J. -- Levin Management Corp. announced that it has secured three new management and leasing assignments involving six properties in New York and New Jersey.
 
The first appointment involves a portfolio of four, privately owned shopping centers in Tappan, N.Y., totaling 76,000 sq. ft. The properties include Tappan Plaza, an adjacent 15,000-sq.-ft. center anchored by Retro Fitness, and twin strip centers Stateline Plaza I and Stateline Plaza II.

South Elgin, Ill. -- Oakbrook Terrace, Ill.-based Mid-America Asset Management Inc. announced that Shoe Carnival recently leased 10,072 sq. ft. at Shops at South Elgin in Chicago’s west suburbs.

The retailer plans to open in spring 2013 in the 164,502-sq.-ft. shopping center. Shoe Carnival is taking space formerly occupied by Famous Footwear and joins Kohl’s, T.J. Maxx, Pier 1 Imports, Petco and the newly expanded Fruitful Yield Health Foods.