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Real Estate

  • The Bon-Ton Stores enters Utah market

    The Bon-Ton Stores has signed a lease with Rouse Properties for a new Herberger’s store at Cache Valley Mall in Logan, Utah — its first in the state. 

    The company expects to begin remodeling the 62,000-sq.-ft. facility in early spring 2014 and to be completed in the second half of 2014.

  • Body Central to Golden Triangle Mall

    Denton, Texas — Body Central will open a new location at Golden Triangle Mall in Denton, Texas, on Oct. 9. The specialty women’s apparel retailer operates more than 200 stores in 23 states across the U.S., under the Body Central and Body Shop banners.

    Golden Triangle, Denton’s only mall, features Macy’s, Dillard’s, J.C. Penney, Sears, Barnes & Noble and DSW Shoe Warehouse as anchors. Cencor Realty Services manages the mall, and The Weitzman Group and MG Herring Group handle the leasing.

     

  • YogaWorks building first Brooklyn studio

     New York — YogaWorks has begun construction on its first location in Brooklyn. The new studio will encompass 5,800 sq. ft. in the new Brooklyn Heights Plaza on Joralemen Street. Set to open next spring, this will mark YogaWorks 28th location. It will include two large, lofty studios with 13 ft. ceilings. One studio will feature a specially designed lyengar yoga wall, spa-like locker rooms complete with showers and towel service plus a lifestyle boutique and tea bar.

  • Inland American selects JLL to lease seven centers

    Dallas — Jones Lang LaSalle Retail will lease seven shopping centers in the Dallas region for American Retail Management LLC and Inland Diversified. The properties total more than one million sq. ft. and are nearly 95% occupied. The assignments include:

  • Simon announces new execs

    Indianapolis — Simon Property Group has announced the addition of two executives and promotions within its Premium Outlets division.

  • Tysons Corner refinances with $850 million loan

    Milwaukee — Northwestern Mutual, Prudential Mortgage Capital Company and TIAA-CREF have announced that each has provided $283.3 million for a total of $850 million to refinance Tysons Corner Center, the 1.9-million sq.-ft. super regional mall in Tysons Corner, Va., owned by the Macerich Company.

  • Charter Realty completes four leases at Springfield Plaza

    Springfield, Mass. — Charter Realty has announced four leases totaling 59,030 sq. ft. in the Springfield Plaza Center in Springfield, Mass.

    Planet Fitness will move into a 20,000-sq.-ft. facility currently under construction. Aaron’s Rentals has renewed its lease for 8,030 sq. ft. Rocky’s Ace Hardware has also renewed on 25,500 sq. ft. Finally, the 99 Restaurant has renewed a 5,500-sq.-ft. space.

    K-Mart, Super Stop and Shop and TJMAXX anchor the 550,000-sq.-ft. Springfield Plaza Center.

     

  • Toys ‘R’ Us Express Pop-Up to Legends Outlets Kansas City

    Kansas City — Legends Outlets Kansas City has announced that a Toys “R” Us Express pop-up location is now open at the Village West shopping and dining destination. The 3,954-sq.-ft. store will operate through the holiday season.

  • Phillips Edison & Co. appoints senior VP, finance

    Cincinnati — Phillips Edison & Co. has announced that D.J. Belock has joined the company as senior VP of finance. He will take responsibility for all financial and internal control activities, including planning and reporting, fundraising, investor relations, accounting and risk management.

  • Bruegger’s Bagels to open in expanded Mall of America

    Bloomington, Minn. — Bruegger’s Bagels will open this week in Mall of America as part of the first phase of the mall’s $2 billion expansion.

    The Mall of America opening is another step in Bruegger’s effort to expand into non-traditional venues such as airports, colleges and hospitals. The 1,699-sq.-ft. bakery-café will seat 18 and offer additional seating in the food court.

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