Real Estate

Garden City, N.J. -- Sabre Real Estate Group said that Anthony Russo has joined the New York metropolitan area’s newest retail real estate brokerage, Sabre Realty Group LLC, as VP.

Russo began his career with Bagnato Realty Services, now called NAI Long Island.
 

Philadelphia -- Simon Property Group announced Tuesday plans to unify the two main shopping venues of King of Prussia Mall, in King of Prussia, Pa., expanding one of America's most productive and iconic retail destinations.

Kendall Lakes, Fla. -- Jacksonville, Fla.-based Regency Centers said that two new merchants have leased space at its Shoppes @ 104 shopping center, in Kendall Lakes, Fla.

Yogurtini has leased 1,400 sq. ft. of retail space, and Great Clips has leased 1,344 sq. ft. The 108,192-sq.-ft. shopping center is anchored by Winn-Dixie, alongside national retailers such as The UPS Store, Subway and GNC.
 

Canton, Mass. -- Dunkin' Brands Group said Tuesday it has signed agreements to develop 25 new Dunkin' Donuts and two Baskin-Robbins in Louisiana over the next several years.

Cities targeted for development include Baton Rouge, Shreveport and New Orleans.

"The state of Louisiana has been a priority growth market for Dunkin' Brands in 2011 and we're excited to expand our footprint in Baton Rouge, Shreveport and New Orleans," said Grant Benson, VP franchising and market planning, Dunkin' Brands.

PITTSBURGH — Dick's Sporting Goods took another step in expanding out West with the announcement that it will build a distribution center in Goodyear, Ariz., that is expected to bring approximately 120 jobs to the area when business opens in early 2013.

The distribution center will be designed to ultimately support approximately 160 stores as Dick's Sporting Goods grows its store base in the Western United States over the next 5-10 years and is eventually expected to employ up to 300 associates, the company reported.

Coppell, Texas -- CiCi's Pizza said Tuesday it has partnered with strategic site modeling company Birchwood Resultants to add another 500 restaurants in the next eight to 10 years.

Pittsburgh -- Dick's Sporting Goods said Tuesday that it will build a new distribution center in Goodyear, Ariz., that will service the western United States. The new DC, which is expected to bring approximately 120 jobs to the area, is slated to open in early 2013.

The distribution center will be designed to ultimately support approximately 160 stores as Dick's Sporting Goods grows its store base in the western United States over the next five to 10 years and is eventually expected to employ up to 300 associates.

Chicago -- Mall owner General Growth Properties said Tuesday it has appointed Michael B. Berman as its new executive VP and CFO, effective Dec. 15.

Berman replaces Steve Douglas, who will return to Brookfield Asset Management after his tenure with GGP and assume a role with Brookfield. Douglas will remain with GGP until December 31 to assist with the transition.