Real Estate

San Francisco -- The Gymboree Corp. reported Monday that net income for the quarter ended Oct. 30 dipped slightly to $34.4 million, compared with net income of $34.8 million in the year-ago quarter.

Revenue increased 4% to $280.9 million, compared with $269.1 million in the prior year. 

Same-store sales decreased 4%.

Atlanta -- Midwest department store operator Von Maur will enter the Atlanta market, taking over a fomer Belk’s space at North Point Mall in Alpharetta, Ga., pending approval by the city's design review board, Atlanta Business News reported.

Portland, Texas  -- Hibbit Sports has opened a 4,000-sq.-ft. store at Northshore Plaza, in Portland, Texas.

The shopping center is owned by New York City-based Centro Properties Group.

Beachwood, Ohio -- Developers Diversified Realty Corp. announced that the company's joint venture in Brazil, Sonae Sierra Brasil, has opened a nearly 60,000-sq.-ft. expansion at Parque Dom Pedro Shopping, now a 1.3 million-sq.-ft. enclosed mall in Campinas, Brazil.

Chevy Chase, Md. -- Steuart Investment Co. said that Giant Food has signed a lease to anchor a mixed-use project slated for development in Washington, D.C.

The project, called 360º H Street, is a nearly 290,000-sq.-ft., LEED-certified development and features street-level retail topped by 215 rental units. Torti Gallas and Partners, Inc. of Silver Spring is the architect. 

Santa Barbara, Calif. -- Investec announced it has raised $130 million for acquisition of grocery- and drug-anchored centers located in the coastal region of California.

Springfield, Ill. -- Family Dollar has opened an 8,800-sq.-ft. store at Fairhills Mall, located in Springfield, Ill.

The mall is owned by New York City-based Centro Properties Group.
 

Winter Park, Fla. -- Orlando, Fla.-based Crossman & Co. said that Publix will open a new store at Aloma Shopping Center, in Winter Park, Fla., on Nov. 18.

The original store was demolished last April and the newly constructed store has been expanded by more than 5,000 sq. ft. The new 47,000-sq.-ft. facility includes a liquor store.

Crossman & Co. has been overseeing the redevelopment of the property and handles the leasing and management at the shopping center. 

Charlotte, N.C. -- Columbia, S.C.-based Edens & Avant announced that Atherton Mill and Market will soon welcome several new tenants.

Vin Master will open a 1,661-sq.-ft. wine concept retail store at Atherton Mill. In addition to its permanent retail location in Atherton Mill, Vin Master will also become the first permanent vendor at the Atherton Farmers Market, located at the center.

Vin Master will open in first quarter 2011.

Detroit -- X Team, an international alliance of retail real estate advisors, has announced a partnership between Detroit X Team Partner Stokas Realty Advisors and Detroit-based Bieri Co., resulting in the formation of Stokas Bieri Real Estate.

SBRE specializes in site selection for retailers nationwide and offers additional services, including project leasing, disposition of excess properties, restructuring, market analysis and legal services.