Real Estate

Chesapeake, Va. -- Dollar Tree announced that it has completed its purchase of the assets of  Dollar Giant Store Ltd, which is based in Vancouver, B.C. The purchase is Dollar Tree’s first expansion of its retail operations outside of the United States.

Dollar Giant stores offer a wide assortment of quality general merchandise, contemporary seasonal goods and everyday consumables, all priced at $1.25 (CAD) or less. The stores average 9,000 sq. ft. and operate in British Columbia, Ontario, Alberta and Saskatchewan.

Columbus, Ind.  -- New York City-based Centro Properties Group announced that Panera Bread has opened a 4,100-sq.-ft. location at Columbus Center, in Columbus, Ind.

Centro Properties Group is the owner of Columbus Center.

Chicago -- U.S. Equities Realty said that Sbarro will open six new quick-service Italian restaurants at the Illinois Tollway Oases.

Sbarro restaurants will open at the Belvidere, Des Plaines, Hinsdale, Lake Forest, Lincoln and O’Hare Oases, and will vary in size from 700 sq. ft. to 1,240 sq. ft., for a total of 6,360 sq. ft.

Carrollwood, Fla. -- RMC Property Management Group announced that Main Street Cinemas has executed a lease to open a family-oriented theater at Main Street Shopping Center, in Carrollwood, Fla.

The new tenant, which is slated to open May 2011, will occupy 20,500 sq ft., feature luxury seating and offer eight screens. It will join Mimi’s, Michael’s Grill, Jenn’s Wine Shop and others at the shopping center.
 

Webster, Texas -- New York City-based Centro Properties Group announced that Ashley Furniture has opened a 45,000-sq.-ft. store at Baybrook Gateway, located in Webster, Texas.

Centro Properties Group is the owner of Baybrook Gateway.
 

Allentown, Pa. -- New York City-based The Lightstone Group  announced two long-term lease extensions at Mountainville Shopping Plaza, its 118,000-sq.-ft. shopping center in Allentown, Pa.

Family Dollar has signed a 10-year lease extension for 9,135 sq. ft. of retail space at the shopping center. Studio II Nails has signed a four-year lease extension for 1,500 sq. ft.

Mountainville Shopping Plaza is anchored by a 33,000-sq.-ft. PriceRite Supermarket, an 11,500-sq.-ft. Retro Fitness gym and a 15,000-sq.-ft. Eckerd Pharmacy.

Winchester, Va. -- Bethesda, Md.-based Sax Realty said that Bed Bath & Beyond has leased 27,000 sq. ft. of space at Shops at Tevis in Winchester, Va.

Bed Bath & Beyond, which is slated to open in spring 2011, joins Borders Books, Hhgregg, Old Navy, Ross and Michael’s at the center.

Miami -- Beachwood, Ohio-based Developers Diversified Realty Corp. said that The Sports Authority, HomeGoods and a selection of retail shops and restaurants are opening and coming soon to The Shops at Midtown Miami, a 645,000-sq.-ft. mixed-use retail, dining and residential center.

The Sports Authority plans to open a 34,544-sq.-ft. store in 2011. HomeGoods opened a 25,351-sq.-ft. location in late fall 2010.

Madison, Miss. -- Chattanooga, Tenn.-based CBL & Associates Properties announced the opening of Phase I of The Forum at Grandview, a community center development in Madison, Miss.

The 110,000-sq.-ft. Phase I opened 100% leased with anchors Best Buy, Dick’s Sporting Goods and Stein Mart. The new stores join the existing anchors Miskelly Furniture and Malco Grandview Theater.

The Forum at Grandview is a joint venture of CBL and The Mattiace Co.

Raleigh, N.C. -- Jacksonville, Fla.-based Regency Centers said it has leased restaurant space in Raleigh, N.C., at Market at Colonnade to Panera Bread.

Panera has leased 4,000 sq. ft. and is slated to open in spring 2011.

Market at Colonnade is a 57,511-sq.-ft. shopping center anchored by a 40,000-sq.-ft. Whole Foods Market.