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Real Estate

  • Brixmor Property Group signs new Leases at Westminster City Center

    Westminster, Colo. -- Brixmor Property Group, owner and operator of the largest wholly owned U.S. portfolio of grocery-anchored shopping centers, has leased more than 97,000 sq. ft. of retail space to five national retailers at Westminster City Center in Westminster, Colorado. 

  • Ross Stores’ growth strategy on track

    Ross Stores is in the process of opening 23 Ross Dress for Less and seven dd's Discounts stores across 17 different states. The new locations are part of the off-price retailer's plans to add a total of 75 Ross and 20 dd's Discounts stores during 2014.

    "These latest openings reflect our ongoing expansion strategy to fill in our presence in existing markets while also increasing penetration in our newer Midwest region where we added another eight Ross locations in July,” said Jim Fassio, president and chief development officer.

  • Eastchase Station ramps up development

    Montgomery, Ala. -- With the completion of Selas Drive, Eastchase will welcome the beginning of construction for Eastchase Station, a multi-tenant shopping center, and Kobe Japanese Steakhouse and Sushi Bar.

    Located at the southwest corner of Eastchase Parkway and Eastchase Lane, Kobe Japanese Steakhouse and Sushi Bar will provide over 7,300 sq. ft. of dining space on the 1.4-acre site. Construction is scheduled to begin in late 2014 and be completed in the spring of 2015.

  • Ross Dress for Less opens new stores in Washington and Oregon

    Dublin, Calif. -- Ross Dress for Less opened two new stores in the Pacific Northwest on July 19. The stores opening are in Columbia Crossing in East Vancouver, Washington, and Pioneer Crossing in Bend, Oregon.    

    These new openings are part of the retailer’s 2014 expansion program, totaling approximately 75 new locations during the year.

     

  • New mixed use complex planned for Long Beach, Calif.

    Long Beach, Calif. – A former state office building near City Hall in Long Beach, California, is reportedly being torn down to make way for a seven-story, $53 million mixed use retail and residential complex. According to the Long Beach Press-Telegram, the vacant property was bought in foreclosure for $10 million in 2010.

  • Fendi opens fun pop-up in Manhattan

    New York -- Italian luxury brand Fendi has opened a pop-up, called #fendisoho in Manhattan’s SoHo neighborhood. The 630-sq.-ft. store will be open until the end of the year.

    The merchandise will rotate on a monthly basis, with different themes that reflect the breadth of the brand’s offerings. The first collection is devoted to accessories, or what Fendi calls “must-have mini-icons.”

  • Hamilton Plaza reaches 100% occupancy with eyeglass retailer lease

    Hamilton, N.J. -- Discount optical retailer America’s Best Contacts & Eyeglasses has leased 4,500 sq. ft. at Hamilton Plaza in Hamilton Township, announced Levin Management, exclusive leasing and managing agent for the 175,000-sq.-ft. shopping center.

    The lease signing brings the Mercer County retail destination to 100% occupancy.

  • CBRE, NRIG-West complete sale Maywood Village Square

    Maywood, Calif. -- CBRE senior VP Philip D. Voorhees announced that he, Jimmy Slusher and the National Retail Investment Group – West (NRIG-West) team, along with CBRE’s managing director, Richard Rizika, completed the sale of Maywood Village Square, a 48,324-sq.-ft. convenience strip center located in Maywood, California. The center is anchored by O’Reilly Auto Parts and features Subway, U.S. Bank, Yoshinoya, Western Dental Services and a new Fitness 19 health club.

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