Real Estate

Cherry Hill, N.J. — Noted fashion designer and retailer Michael Kors has opened a new store in Cherry Hill, N.J. — at the Cherry Hill Mall, a property owned by Philadelphia-based Pennsylvania Real Estate Investment Trust.

The store opening is part of the mall’s $200 million complete renaissance, which includes the addition of white-linen restaurants, a new parking deck, the addition of an upscale retail wing, a redesigned and relocated food court now called Cherry Hill Cafés, and extensive interior and exterior renovations.

Vista, Calif. -- Jacksonville, Fla.-based Regency Centers said it has leased retail space in Vista, Calif., at Vista Village to Five Guys Burgers and Fries. 

The restaurant leased 2,611 sq. ft. of retail space at the 232,543-sq. ft. Vista Village, which is anchored by Krikorian Premiere Theatre and Frazier Farms.

Arlington, Texas -- Jacksonville, Fla.-based Regency Centers said it has leased 3,588 sq. ft. of retail space in Arlington, Texas, at Cooper Street Plaza to Mattress Firm.  

The store is slated to open for business in October 2011. 

The 235,196-sq-ft. shopping center is anchored by a 137,840-sq.-ft. Home Depot alongside national retailers such as OfficeMax, T.G.I. Friday’s and State Farm Insurance. 

Indianapolis -- Kite Realty Group said that Dibella’s Subs will join Traders Point II shopping center, in Indianapolis, with a 3,200-sq.-ft. Indiana debut. The 447,507-sq.-ft. center is anchored by Bed Bath & Beyond, Books-A-Million, Dick’s Sporting Goods, Marsh Supermarket, Michael’s, Old Navy, Petsmart and AMC Theatre.  

At Cool Creek Commons in Carmel, Ind., Kite leased 5,554 sq. ft. to Boom Bozz Pizza & Tap House, which will open its first location in Indiana.

Fort Worth, Texas -- Dallas-based Cypress Equities said that its West 7th mixed-use development in Fort Worth, Texas, has signed specialty women’s fashion retailer Peruvian Atelier for a 2,357-sq.-ft. shop slated to open in late 2011.

The new store will be located between Flirt Boutique and the soon-to-open Keena’s.

New York City -- Centro Properties Group US announced it has officially changed its name to Brixmor Property Group, Inc., effective immediately. 

The name change follows the acquisition of the company in June by an affiliate of Blackstone Real Estate Partners VI L.P. 

Brixmor is the second largest owner of community and neighborhood shopping centers in the United States with 585 properties aggregating approximately 92 million sq. ft.

Dublin, Calif. - Ross Dress for Less will open four new locations in the greater Chicago area on March 8, 2014. These openings bring the total number of Chicago area stores to 35 for the retailer.  

Woonsocket, R.I. -- MinuteClinic said Tuesday that it has opened two walk-in medical clinics inside CVS/pharmacy stores in Savannah and Richmond Hill, Ga.

They are the first retail medical clinics to open in the Savannah region and join 31 other MinuteClinic locations in Georgia situated throughout the Atlanta metropolitan area.