Real Estate

Springfield, Pa. -- Ulta Beauty said it will open at Springfield (Pa.) Mall in fall 2012.

The 10,328-sq.-ft. store will feature a full-service salon in addition to its customary offerings, and will join anchors Macy’s and Target along with more than 70 specialty retailers at the center.

Springfield Mall is owned by Pennsylvania Real Estate Investment Trust (PREIT) and Simon Property Group.
 

MENOMONEE FALLS, Wis. — Kohl's has reached an agreement with the state of Wisconsin that will keep the retailer’s headquarters in Menomonee Falls, which is located about 20 miles northwest of Milwaukee. Kohl’s will receive up to $62.5 million in tax credits from the state over 12 years. The final amount of the tax credits is dependent on the number of employees the chain adds at its facility and the amount of money Kohl’s invests in developing its campus.

Woodbridge, N.J. -- Fameco Real Estate said it has leased retail space at Plaza Square in Wayne, N.J., bringing the center to full occupancy.
 
The 104,000-sq.-ft. center, owned by Jacksonville, Fla.-based Regency Centers, is anchored by ShopRite with Bank of America, Dollar Power, Bensi Italian Restaurant and Wendy’s. Recent lease signings include Great Clips, Hand & Stone, C2 Education and GNC.
 

Katy, Texas -- Soma Intimates said it will open a new boutique at LaCenterra at Cinco Ranch, located in Katy, Texas.

The new store is slated to open July 23.

A joint venture of Houston-based Vista Equities Group and Denver-based Amstar Group, LaCenterra at Cinco Ranch is a mixed-use town center development located within the 7,600-acre master planned community of Cinco Ranch.

Phase I of LaCenterra opened March 1, 2007 with approximately 170,000 sq. ft.
 

Niles, Ohio -- Kearney, Neb.-based teen retailer The Buckle said it has opened a new location at Eastwood Mall in Niles, Ohio.

The store, the company’s 21st in the state, celebrated its grand opening on July 16.
 

Chicago -- Oakbrook Terrace, Ill.-based Mid-America Asset Management said that Bedding Experts has opened a 4,019-sq.-ft. store at Deerfield Village Centre on Chicago’s North Shore.

The privately held mattress retailer took space vacated by Blockbuster Video, and opened on June 30.

Deerfield Village Centre features 44,083 sq. ft. of retail space that includes Chipotle, Leather Creations, Sprint, and Starbucks among others.
 

New Orleans -- Covington, La.-based Stirling Properties said that The Fresh Market will open a new store in New Orleans on July 25, marking the grocery retailer’s fourth store in the state.

“We are excited to open our store in New Orleans and to expand our reach in Louisiana,” said Craig Carlock, Fresh Market president and CEO. “We look forward to introducing The Fresh Market’s concept of quality perishables, excellent customer service and a unique atmosphere to an expanded customer base.”    

Bedford, Ind. -- Beachwood, Ohio-based Chase Properties said it has acquired Williams Crossing in Bedford, Ind., from Horne Properties.

Williams Crossing is a 50,000-sq.-ft. shopping center that is shadow-anchored by a Super Walmart. Other tenants in the center include Dollar Tree, Maurices, Shoe Show and Hibbett Sports. Marcus & Millichap brokered the sale.