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Real Estate

  • Scheels to open 220,000-sq.-ft. store in Sandy, Utah

    New York City -- Sporting goods retailer Scheels will open a 220,000-sq.-ft. store in Sandy, Ohio. The store, which will be located at a new development to be called One Fourteen, will feature a 65-ft.-tall Ferris wheel, a 16,000-gallon salt-water aquarium, and “sports simulators” for golf, soccer, hockey, baseball, football and basketball.

    Scheels operates 23 stores in eight states. The new Ohio location is expected to open in the fall of 2012.

  • Sunrise MarketPlace teams with Mallfinder to launch new website

    Citrus Heights, Calif. -- Sunrise MarketPlace said Tuesday it has partnered with Mallfinder to launch a redesigned website promoting more than 400 merchants and services in the Citrus Heights, Calif., business improvement district (BID).

    The new site, shopSMP.com, is intended to establish the online presence of Sunrise MarketPlace as a premier shopping destination for the Sacramento metro area. A comprehensive gallery features pages for each merchant to provide up-to-date information for shopping, dining, entertainment and services.

  • Advance Auto extends lease at 25th St. Shopping Center

    Easton, Pa. -- New York City-based The Lightstone Group said that Advance Auto Parts has signed a seven-year, 9,000-sq.-ft. lease extension at 25th Street Shopping Center in Easton, Pa.

    The 25th Street Shopping Center is a 131,000-sq.-ft. retail strip corridor home to CVS, RadioShack, Petco, Retro Fitness, Jenny Craig, McDonald's, Pizza Hut and Sherwin-Williams.

  • Muska Milano to open on Madison Avenue

    New York City -- Prudential Douglas Eilliman’s Retail Group announced that in less than two weeks after arranging the sale of a multi-level retail condominium at 1086 Madison Avenue, the retail sales and leasing team of Faith Hope Consolo, chairman, and Joseph Aquino, executive VP, have leased the boutique space to luxury handbag and accessories importer Muska Milano. 

  • Georgetown Co. acquires Old Navy Chicago flagship building for $23 million

    New York City -- Robert K. Futterman & Associates said that it represented buyer The Georgetown Co. in the acquisition of 35 North State Street, a 60,000-sq.-ft. building in Chicago, for $23 million.

    The building is currently net-leased to Old Navy and serves as the retailers’ Chicago flagship. 

  • Trademark Property acquires department store

    Fort Worth, Texas -- Trademark Property Co. said Tuesday it acquired a vacant 67,000-sq.-ft. department store space formerly occupied by Mervyn’s in its Santa Fe Place mall located in Santa Fe, N.M.

    The 571,238-sq.-ft. Santa Fe Place was acquired in the summer of 2010. Trademark is directing the remerchandising and redevelopment of the property, which is Northern New Mexico’s only regional mall, for its private equity partner.

  • LaVida Massage opens at Hills shopping center

    Austin, Texas -- Commerce, Mich.-based LaVida Massage announced the opening of its first Texas location, in Austin, on Feb. 28.

    Located at the Hills shopping center, the 2,600-sq.-ft. facility features nine massage rooms.

  • The Snooty Fox to open at Hyde Park Plaza

    Cincinnati -- Jacksonville, Fla.-based Regency Centers said it has leased retail space in Cincinnati, at Hyde Park Plaza to The Snooty Fox.

    An upscale consignment shop, The Snooty Fox has leased 5,000 sq. ft., bringing the center to 96% leased. It is slated to open for business this summer.

    The 396,861-sq.-ft. shopping center is anchored by a 99,675-sq.-ft. Kroger and a 69,592-sq.-ft. Biggs alongside national retailers such as Michaels, Massage Envy, Panera Bread, Starbucks and Staples.

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