Real Estate

Redlands, Calif. -- Majestic Realty Retail announced today that it has signed lease agreements with four new retailers at its Mountain Grove at Citrus Plaza retail and entertainment center, including agreements with The Gap (7,500 sq. ft.), Banana Republic (7,500 sq. ft.), Old Navy (15,000 sq. ft.) and Ulta (10,000 sq. ft.).  An additional 100,000 sq. ft. of national and regional tenant leases are under negotiation and expected to be signed in September.

Seattle - Starbucks Coffee Company will launch two new store formats in fiscal 2015, include a smaller-format concept aimed at urban commuters and a more premium store concept — Starbucks Reserve Roastery and Tasting Room — dedicated to the chain’s highbrow Reserve brand of coffees.

Ankeny, Iowa – Dick’s Sporting Goods and Gordmans are reportedly the anchor stores for a proposed shopping center in Ankeny, Iowa. According to the Des Moines Register, St. Louis-based developer Staenberg Group seeks to begin construction on the project, known as Delaware Commons, in the fall.

Staenberg Group is seeking to obtain environmental permits relating to wetlands on the property. The center also has space for a third main anchor store, several junior anchors, and other small stores and restaurants.

Virginia Beach, Va. -- Divaris Real Estate, Inc., announced the appointment of Elizabeth Greer and Joseph Lowery as agents in its headquarters location in Virginia Beach.

Elizabeth Greer is a sales and leasing associate, responsible for office leasing services, including tenant and landlord representation. She is also involved with the redevelopment project of Fort Monroe, located in Hampton, Virginia.

Kansas City, Kansas -- Legends Outlets Kansas City announced that Coach is extending the stay of the area’s first Coach Factory pop-up location through the holidays, until January 2015.
 
Coach Factory opened its pop-up before Memorial Day weekend and has added new inventory almost daily since opening.
 

Venice, Calif. – Vertical denim retailer Rialto Jean Project (RJP) opens a month-long pop-up shop on Sept. 5 in New York's South Street Seaport, in conjunction with the New York Fashion Week Spring/Summer presentations kicking off around Manhattan.

Minneapolis - Target Corp. plans to open two new smaller-format TargetExpress stores in San Francisco’s Financial District and Berkeley, California, in March 2015. Target’s first TargetExpress store opened this year in Minneapolis, and the San Francisco-area stores will mark the first time Target is expanding this format outside the Minneapolis area.