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Real Estate

  • Tuesday Morning opens stores in Pennsylvania, Virginia

    New York City -- Centro Properties Group said Wednesday that Tuesday Morning stores have recently opened in Centro shopping centers in Pennsylvania and Virginia.

    The retailer opened a 10,440-sq.-ft. store at New Britain Village Square, located in Chalfont, Pa., and a 17,089-sq.-ft. store at Jefferson Green, located in Newport News, Va.

  • Paster announces six new tenants at Twin Cities shopping centers

    St. Paul, Minn. -- Paster Enterprises announced Wednesday that six new tenants have been secured at the company’s projects throughout the Twin Cities area. 

    New tenants include Massage Elements, V4U, Home Choice, Broadway Pizza, National Karate and United Family Medicine.

  • Lee & Associates names senior advisor

    Indianapolis -- Commercial real estate firm Lee & Associates announced the addition of Robyn Smart as a senior advisor of the Indianapolis office.

    Smart specializes in tenant representation, site acquisition and landlord representation. In her new role, Smart will be responsible for all aspects of retail brokerage.

    Prior to joining Lee & Associates, Smart most recently served as an advisor for CB Richard Ellis.
     

  • Five Below opens at Cortlandt Town Center

    Mohegan Lake, N.Y. -- Dallas-based SRS Real Estate Partners said that it negotiated a 7,210-sq.-ft. lease for Five Below at Cortlandt Town Center in Mohegan Lake, NY.

    The new store opened in September 2010.
     

  • Pine Tree Commercial Realty forms JV with Silverpeak Real Estate Partners

    Northbrook, Ill. -- Pine Tree Commercial Realty and New York City-based Silverpeak Real Estate Partners announced they have formed a joint venture with the goal of acquiring retail assets and portfolios across the United States.

    According to Chris Westfahl, principal of Silverpeak, and Peter Borzak, co-founder and principal of Pine Tree, the new JV – Pine Tree Silverpeak Retail Partners LLC – plans to pursue transactions greater than $10 million and across the risk spectrum, ranging from raw land for development to stabilized core assets.

  • Great Clips to open at Town Square Center

    Tampa -- Jacksonville, Fla.-based Regency Centers said it has leased retail space in Tampa, Fla. at Town Square Center to Great Clips.

    The salon has leased 838 sq. ft. and is slated to open for business in summer 2011.
     
    The 44,380-sq.-ft. shopping center is anchored by Petco alongside national retailers such as Starbucks, Panera Bread, Verizon and Pier 1 Imports.
     

  • Kate Spade to open at Pacific Place

    Seattle -- Kate Spade New York announced it will open its first full-line, Washington State shop at Pacific Place in August.

    The shop will open in 1,632 sq. ft. on level 1 next to BCBG.

    Pacific Place features 50 shops, restaurants and an 11-screen movie theater at Sixth Avenue and Pine Street in downtown Seattle.

  • Mitsosa Group to open second Manhattan location

    New York City -- Winick Realty Group LLC said that luxury luggage retailer Mitsosa Group has leased its second Manhattan location at 40 East 55th Street, between Fifth and Sixth Avenues.

    The 1,150-sq.-ft. store is expected to open in late summer or early fall, and will feature 35 feet of frontage on 55th Street.

    According to Winick, the retailer is looking at other tourist-driven areas throughout Manhattan with plans to open three stores within the next 18 months.

  • Just Fitness to open at Spring Creek Marketplace

    Plano, Texas --- The Weitzman Group/Cencor Realty Services said that Just Fitness 4 U has leased 21,577 sq. ft. of anchor space in Spring Creek Marketplace, a shopping center located in Plano, Texas, for its fifth Dallas/Ft. Worth location.

    Just Fitness 4 U, which currently operates locations in Dallas, Carrollton, Mesquite and Hurst, also operates in key markets such as Atlanta and Salt Lake City.
     

  • Anthropologie to open on Upper East Side

    New York City -- Cushman & Wakefield announced that Anthropologie will replace the Lowes movie theater on the northwest corner of Third Avenue and 71st Street, in Manhattan.

    The theater, which had occupied the space for 50 years, closed at the end of 2010.

    The apparel retailer, which has three other locations in New York City (50 Rockefeller Plaza, 85 Fifth Avenue and 375 West Broadway) will occupy approximately 15,000 sq. ft., combining the ground floor and lower level.

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