Real Estate

Bossier City, La. -- Covington, La.-based Stirling Properties announced the opening of a new 7,918-sq.-ft. Santa Fe Cattle Co. restaurant at its Stirling Bossier Shopping Center property, located on Airline Drive in Bossier City.

Headquartered in Baton Rouge, La., Santa Fe Cattle Co. operates 19 locations in six states, including four in Louisiana.

Miami Beach, Fla.-based Savitar Realty Advisors has nearly completed its transformation of the legendary Lincoln Theatre in the heart of South Beach from a historic movie theater and symphony hall into a 35,000-sq.-ft. mixed-use building located on the pedestrian promenade known as the Lincoln Road Mall.

The modern retail establishment scheduled to open in November will house H&M’s 30,000-sq.-ft. flagship store as well as a number of other smaller tenants including Swatch, Sabon, 4D Gelato and 100 Montaditos, a Spanish tapas and sandwich style restaurant.

Kokomo, Ind. -- Indianapolis-based Kite Realty Group said that Kirkland’s will open a 6,400-sq.-ft. store at Boulevard Crossing, located in Kokomo, Ind.

The 213,663-sq.-ft. shopping center is owned by Kite Kokomo Project Co. and is anchored by Kohl’s, Party City, Ulta, TJ Maxx, Petco, Shoe Carnival and Dress Barn.

Peoria, Ill. -- Cullinan Properties Group, developer of the East Peoria (Ill.) Downtown development, said Friday that Ross Dress for Less will open a 25,000-sq.-ft. junior-anchor store at the mixed-use project, joining previously announced Target, Costco, Ulta and Gordman’s.

Red Robin Gourmet Burger will open a 4,001-sq.-ft. restaurant and dental chain Heartland Dental Care will open in a 2,700-sq.-ft. space.

Phoenix -- Cole Real Estate Investments said it has purchased three retail power centers totaling about 875,000 sq. ft. for $130.9 million.

The acquired properties are Hillside Town Center, a 165,000-sq.-ft. center in Hillside, Ill., for $27 million; White Oak Village, a 433,500-sq.-ft. property in Richmond, Va., for $68 million; and Barrow Crossing, a 276,000-sq.-ft. center in Winder, Ga., for $35.9 million. Barrow Crossing is a joint venture with Faison, the original developer of the property.

Baltimore, Md. -- New York City-based Brixmor Property Group said Walmart Supercenter at Liberty Plaza, in Randallstown (Baltimore), Md., grand-opened on Oct. 17 in 160,908 sq. ft.

Brixmor said that discussions with Walmart for the development of this supercenter began as early as 2004, as redevelopment efforts paved the way for the retailer.

Mumbai -- Starbucks Coffee Co. on Friday entered its 61st country with the opening of its first store in India, in a historic building in southern Mumbai. The store is owned and operated by Tata Starbucks Limited, the 50/50 joint venture between Starbucks and Tata Global Beverages Limited. The company plans to open two additional stores in Mumbai next week before launching in New Delhi in early 2013.

Austin, Texas -- Whole Foods Market has announced two new locations for Manhattan. The company said it plans to open a 39,000-sq.ft. store in the city’s Harlem neighborhood in 2015. The supermarket will be located in the middle of the area’s business district, on 125th Street and Lennox Avenue.