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Real Estate

  • A trio of new tenants opens at Shops at Greenridge

    Greenville, S.C. -- Charlotte, N.C.-based Crosland said Wednesday that three new retailers have opened at The Shops at Greenridge, in Greenville, S.C.

    Relax the Back opened a 2,363-sq.-ft. store adjacent to P.F. Chang’s, Polished opened a 1,581-sq.-ft. nail studio, and buybuy Baby opened a 28,978-sq.-ft. anchor store in September.

  • Jo-Ann Fabrics opens at Austin Town Center

    Austin, Minn. -- Centro Properties Group said Tuesday that Jo-Ann Fabrics & Crafts has opened a 15,000-sq.-ft. store at Austin Town Center, in Austin, Minn. 

    Austin Town Center is owned by Centro Properties Group, based in New York City.

  • Mosaic receives LEED-ND silver certification

    Washington, D.C. -- Columbia, S.C.-based Edens & Avant said Tuesday that its mixed-use development Mosaic, located in Washington, D.C., has achieved Silver Certification as a LEED (Leadership in Energy and Environmental Design) for Neighborhood Development Plan.

  • BCBG debuts new retail format

    New York - BCBGMAXAZRIAGROUP, the $1 billion global fashion brand, has launched a new, fast-fashion store concept, Lola, targeted at young women (ages 16 to 26).  The 3,000-sq.-ft. store, has a cool, hip vibe and is designed as an urban studio apartment, complete with fireplace, daybed, spiral staircase,  and closet. Salvaged doors give the storefront a Lower East Side feel.

  • UGG Madison Ave. flagship completed

    New York City - West Hampstead, N.Y.-based construction firm Corcon and J.A. Stowell Construction, Inc. of California said Tuesday they have completed UGG Australia’s Madison Avenue flagship store in New York City.

    The 4,613-sq.-ft. store was completed on October 28. J.A. Stowell Construction was the construction manager and owner representative for UGG Australia, Corcon served as general contractor, and Anthony Donnelly of VisualWorks, U.K. designed the new location.

  • Deal-Making – in New York and Beyond

    As part of our preview coverage of the upcoming International Council of Shopping Centers’ New York deal-making convention in New York City, Dec. 6 and 7, Chain Store Age talked with Joseph Coradino, president of Pennsylvania Real Estate Investment Trust/PREIT Services, Philadelphia, about retailer attitude and potential deals at the New York convention.

    What do you expect the retailer attitude to be at the ICSC New York deal-making show in early December?

  • Report: Wal-Mart sees big opportunities in emerging markets

    New York - Wal-Mart Stores sees more opportunity in emerging markets than in Europe, the company’s International Chief Executive Officer, Doug McMcMillion, told Bloomberg.

    “China is top of the list, and Brazil is not far behind” to make deals, McMillon said in an interview on Bloomberg Television’s “InBusiness With Margaret Brennan.” The retailer is being “patient” about finding the right way to expand in Russia, McMillon said.

  • New restaurants open at Miramar Square

    Miramar, Fla. - Boca Raton, Fla.-based Woolbright Development announced that five new restaurants have opened over the last few months at Miramar Square in Miramar, Fla.

    Miramar Square is a 240,000-sq.-ft. shopping center anchored by Kohl’s, Staples and Dollar General.

    The new restaurant openings include Golden Krust Caribbean Grill, L&L Market Bistro/Elle’s, Smitty’s Grill, La Coriana and Giardinos Gourmet Salads.

    Other eateries slated to open in the next months include Coldstone Creamery and Sir Pizza.

  • Isabella to open new restaurant

    Washington, D.C. - Douglas Development announced that Mike Isabella, former executive chef at Mediterranean restaurant  Zaytinya, and Bravo’s Top Chef  contestant, has leased 5,000 sq. ft. in a three-level Douglas Development-owned property at 707 6th Street, NW, in Washington, D.C.

    Isabella will open a two-level Italian-inspired restaurant, Graffiato, in spring 2011.

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