Real Estate

Boise, Idaho -- Albertsons LLC plans to close four underperforming stores: one in Arizona, one in Louisiana and two in Texas.

The closings will leave Albertsons with 205 stores in the Southwest and the South.

Boston -- City Sports plans to relocate its store in Suburban Square, Ardmore, Pa., into the space previously occupied by Talbots. The new location, at 8,000 sq. ft., will accommodate upgrades planned for a refreshed and fully integrated shopping experience, including the brand's new women's concept.

Menomonee Falls, Wis. -- Kohl's Corp. said Thursday it is doubling the size of its design office in New York City, as well as adding its first design studio on the West Coast, in Santa Monica, Calif.

The move, said the company, represents a commitment to its exclusive brands.

"The investment reinforces our commitment to offering world-class brands at compelling value to our customers," said Kevin Mansell, Kohl's chairman, president and CEO, in a statement.

Fort Worth, Texas -- Edge Realty Partners announced several Sears concept planned openings in Texas. 

Sears Outlet leased a 30,577-sq.-ft. space in Ridgmar Town Square located in Fort Worth, Texas. Sears Appliance Showroom leased a 5,500-sq.-ft. space in Timber Creek Crossing in Dallas.

And Sears Outlet leased a 35,398-sq.-ft. space in Cottonwood Creek Village Shopping Center located in Allen, Texas.
 

Roughly 50,000 acres of additional wildlife habitat across the United States will be preserved in 2012 as part of Walmart’s Acres for America program.

The company announced awards to support projects in California, Colorado, Florida, Georgia, Hawaii, North Carolina and Tennessee as part of the Acres for America program that began in 2005 with a $35 million commitment to purchase and preserve one acre of wildlife habitat in the U.S. for every acre of land developed by the company through 2015.

Pompano Beach, Fla. -- Brixmor Property Group announced Thursday that Party City will open an 11,957-sq.-ft. store at Shopper's Haven Shopping Center, located in Pompano Beach, Fla.

New York City-based Brixmor is the owner of Shopper's Haven Shopping Center.

Plymouth Meeting, Pa. -- Fameco Real Estate announced that its property management division, Fameco Management Services, has been awarded the property management assignment for Stanbery Development’s Pennsylvania and New Jersey retail portfolio. This assignment includes four specialty centers totaling 430,000 sq. ft.

Hammond, La. -- Covington, La.-based Stirling Properties announced the addition of Cato and Bellagio Salon & Spa to its tenant lineup at Hammond Square Shopping Center, located in Hammond, La. 

Cato will open its second Hammond store in spring 2012 across from Merle Norman and Purse Bag Pattie’s. Bellagio Salon and Spa is slated to open its first location in March/April 2012 next door to Purse Bag Pattie’s. The new store is 2,554 sq. ft. and will offer full-service spa treatments.