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Real Estate

  • Pair Wine and Cheese to open in Cobble Hill

    Brooklyn, N.Y. -- Winick Realty Group said that Pair Wine and Cheese, a retail café focused on the precise pairings of wines and cheeses, has signed a lease for its first location at 140 Atlantic Avenue between Henry and Clinton Streets in the Cobble Hill section of Brooklyn.

    Set to open in fourth quarter 2014, Pair Wine and Cheese will occupy approximately 1,000 sq. ft. on the ground floor, as well as about 500 sq. ft. in an outdoor garden.

  • Baker Katz breaks ground on new retail center in Tomball, Texas

    Houston -- Baker Katz, an X Team International partner and full-service commercial real estate brokerage firm, announced that construction has begun on its retail center in Tomball, Texas.

  • Harris Teeter to anchor Caldwell Crossing

    Charlotte, N.C. -- Aston Properties announced plans to develop Caldwell Crossing in Harrisburg, North Carolina, on the corner of Caldwell Road and Hwy. 49. 

    Construction has begun on the 85,000-sq.-ft. center with an anticipated opening date in late fall 2015.

    Caldwell Crossing will be anchored by a Harris Teeter grocery store and will include up to 26,000 sq. ft. of small shops. In addition to Harris Teeter and the shops, the center will include two outparcels.

  • NYC’s first enclosed mall in 40 years officially opens

    New York -- The Mall at Bay Plaza, New York City’s first enclosed fashion mall in over 40 years, officially opens on Aug. 14.

  • Academy Sports plans new distribution center to support expansion

    Katy, Texas – Academy Ltd., parent company of the Academy Sports + Outdoors chain, will open a 1.6.-million-plus-sq.-ft. distribution center on a 200-plus-acre site in Cookeville, Tennessee to support its continued expansion. The retailer will begin construction on the facility later in August 2014 with plans to become operational in early 2016.

  • 99 Cents Only to reopen six California stores

    City of Commerce, Calif. – 99 Cents Only Stores is reopening six stores in California the weekend of Aug. 15 – Aug. 16. On Aug. 15, 99 Cents Only will kick off the grand re-opening celebration of its Concord, Poway and Sanger stores.

    On Aug. 16, 99 Cents Only Stores will kick off the grand re-opening celebration of its San Bernardino, Escondido and Rohnert Park stores.

  • Report: Miami retail buildings sell for $342 million

    Miami Beach, Fla. -- Terranova Corp. and Acadia Realty Trust have reportedly agreed to sell six retail buildings on Lincoln Road in Miami for $342 million. According to the Miami Herald, the buildings were purchased for a combined $191 million in 2011 and 2012, marking a $151 million profit in a few years.

    Tenants include Starbucks, Fossil, and A/X Armani Jeans. The deal is with an unnamed institutional investor and is not yet completed. It ranks as the most expensive retail real estate transaction in Miami history.

     

  • New retailers come to Westchester Ridge Hill

    Yonkers, N.Y. -- Forest City Ratner Companies (FCRC), the developer and owner of the Westchester’s Ridge Hill shopping center, has announced some new tenants that will open at the regional center. They include 5 Napkin, a family-friendly bar and grill; Wine Zetta, a regional wine store; and Hand and Stone, a spa franchise.

  • Simon breaks ground on Gloucester Premium Outlets

    Indianapolis -- Simon, in concert with joint-venture partner PREIT-Rubin, has broken ground on Gloucester Premium Outlets in Gloucester Township, New Jersey, a multi-million dollar upscale outlet destination that will bring more than 80 retailers to the southern New Jersey market.

  • Dillard’s to Anchor Conway’s Central Landing

    Conway, Ark. -- The Central Landing retail development now underway in Conway, Arkansas, has added Dillard’s as a key anchor for its first phase, according Jim Wilson & Associates and partner the Conway Development Corp.

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