Real Estate

Dallas — Jared, The Galleria of Jewelry, has signed leases for new locations in Lubbock, Corpus Christi and Midland, Texas, according to Venture Commercial Real Estate, which represented Jared in the transactions. All locations are under construction and expected to open soon.

Philadelphia — Pennsylvania Real Estate Investment Trust has completed the sale of Chambersburg Mall in Chambersburg, Pa., for $8.8 million.The sale marks another step in PREIT’s continuing effort to improve the quality of its portfolio through the sale of non-core assets. Net proceeds from the transaction totaled approximately $8.4 million.

Dallas — TCN Worldwide, a consortium of independent commercial real estate firms, has announced the appointment of Luciano D’lorio of Terramont Real Estate Services/TCN Worldwide to regional VP for the eastern region. In this capacity, D’lorio will serve as an advisor to the member firms located within this region and act as a liaison with TCN Worldwide www.tcnworldwide.com corporate headquarters.

New York -- Dollar Tree and Dressbarn have named Charter Realty and Development as the exclusive broker in Connecticut.

Dollar Tree, a Fortune 500 company with approximately 4,700 stores looks for 8,000- to 12,000-sq.-ft. spaces. Dollar Tree is also looking for locations in freestanding strip malls and power centers.

Franklin Township, N.J. — La Perle Spa and Salon has leased 1,802 sq. ft. at Rutgers Plaza in Franklin Township, N.J., according to Levin Management, the exclusive leasing and managing agent for the 266,650-sq. -ft. center.

Co-anchored by a 74,000-sq.-ft. Stop & shop and a 98,684-sq.-ft. Kmart, Rutgers Plaza tenants include Office Depot, Dollar Tree, RadioShack, GameStop, Dressbarn, Chase Bank, Plaza Cleaners, Anthony’s Pizza, Venus Jewelers and Burger King.

Austin, Texas — Jones Lang LaSalle has announced the addition of seven brokerage experts to its national program. Austin McWilliams joined the firm as a senior VP; Travis Sawvell and Jon Switzer joined as VPs, and Katie Carlisle joined as an associate, all based in Austin. Their additions come on the heels of the firm’s newly formed Austin Retail Brokerage practice led by newcomers Todd Wallace and Robert O’Farrell.  

Columbus, Ohio — Steiner + Associates, The Georgetown Co. and Limited Brands have broken ground on Easton Gateway, a 54-acre addition to Easton Town Center.

Nearly 15 years after Easton Town Center opened, Easton Gateway will introduce a number of noteworthy additions to the master-planned community, including new brands and big box retail.

Johor, Malaysia — Genting Simon, a joint venture between Genting Group and Simon Property Group, has announced the opening of the second phase of Johor Premium Outlets in Johor, Malaysia.

The expansion has added 40 new stores and 100,000 sq. ft. to the center, bringing the store total to 120.

Greensboro, N.C. — Tanger Outlets National Harbor will celebrate its grand opening on Nov. 22. The outlet store line up includes: White House | Black Market, Calvin Klein, Gap, Halston Heritage, American Eagle Outfitters, Tommy Hilfiger, Banana Republic, Theory, Elie Tahari, Brooks Brothers, Aeropostale, Coach, Hugo Boss, J. Crew, Peter Millar, Diane von Furstenberg, Le Creuset and more.

The 340,000-sq. ft. center is located just minutes from the U.S. Capital.

Mooresville, N.C. -- Lowe's Cos. net income rose 26% in the third quarter, just short of projections, amid the housing market's ongoing resurgence. The retailer raised its fiscal 2013 outlook, but its earnings forecast was still below expectations.

Lowe's earned $499 million for the period ended Nov. 1, up from $396 million last year. Its earnings were a penny per share short of Wall Street expectations.

Revenue rose 7% to $12.96 billion from $12.07 billion, beating analysts’ predictions. Same-store sales increased 6.2%.