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Real Estate

  • Fraport to manage retail malls at four U.S. airports

    Frankfurt, Germany – Germany-based airport management services provide the Fraport Group has expanded its international portfolio in the global airport market by acquiring 100% of U.S.-based AMU Holdings Inc., which owns Airmall USA Holdings Inc. Airmall markets space at the aviation hubs of Baltimore, Boston, Cleveland and Pittsburgh.

  • Bath & Body Works to join Legends Outlets Kansas City

    Kansas City, Kansas -- Bath & Body Works will open a 3,010-sq.-ft. store at designer outlet Legends Outlets Kansas City on Aug. 4.

    Bath & Body Works will occupy the space next to Ann Taylor Factory Store by the Civic Courtyard Fountain.  

    Other recent additions at Legends Outlets Kansas City include the only area Pizza Studio, Woody’s Automotive concept, Nail Envy spa and the Coach Factory pop-up location.
     

     

  • Target’s Canadian expansion on track

    Target’s expansion of its troubled Canadian division remains on track as new chairman and CEO Brian Cornell prepares to assume leadership of the company in August.
     
    The new stores are located at Erin Mills Town Centre in Mississauga, Ontario; Park Place in Barrie, Ontario and Carrefour Candiac in Candiac, Quebec. The Barrie and Candiac locations are new buildings. Earlier this year, Target opened three locations in Canada, and has plans to open three more later this fall, bringing this year’s total to nine and overall total to 130.

  • Whole Foods Market to make Irvine, California, debut

    Irvine, Calif. -- Whole Foods Market and the Irvine Company announced that the companies have signed a lease to bring the first Whole Foods Market to Irvine, California.

    The organic and natural grocer will occupy approximately 40,000 sq. ft. at Los Olivos Marketplace, a specialty shopping center just off the 405 freeway at Irvine Center Drive in Irvine Spectrum.

  • Phillips Edison-ARC expands portfolio in Texas with two acquisitions

    Cincinnati -- Phillips Edison-ARC Grocery Center REIT II, Inc. has acquired two grocery-anchored shopping centers, Northpark Village and Spring Cypress Village, both located in Texas.

    Northpark Village is a 70,479-sq.-ft. grocery-anchored shopping center in Lubbock, anchored by United Supermarkets and tenanted by GNC, Starbucks, Super Tan and Sun Loan Company.

    Spring Cypress Village is a 97,550-sq.-ft. grocery-anchored center in Houston, anchored by Sprouts and tenanted by Burger King, State Farm Insurance and Spec's.

     

  • Brighter Dental Care inks lease at The Hills Village Center

    Bedminster, N.J. -- Dental practice Brighter Dental Care has leased 2,600 sq. ft. of the second floor at The Hills Village Center in Bedminster, New Jersey, according to Levin Management, exclusive leasing and managing agent for the 110,800-sq.-ft. center.

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