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Real Estate

  • Westchester’s Ridge Hill mall to add indoor skydiving

    Yonkers, N.Y. - Forest City Ratner Companies, the developer and owner of Westchester’s Ridge Hill mall in Yonkers, New York, is adding an indoor skydiving facility, one of only 14 in the U.S.

    IFly Indoor Skydiving will break ground this fall with an estimated completion date in early 2015.

  • Warby Parker, Dallas

    Warby Parker, the hip online eyewear retailer, has opened its sixth retail location, a 1,050-sq.-ft. store in Dallas.  

  • Nordstrom to close Florida Mall store

    Orlando, Fla. -- Nordstrom announced plans to shutter its store in the Florida Mall Orlando, Florida. Originally opened in 2002, the store will close its doors on August 16, 2014.

  • Plaza Hermosa adds state-of-the-art medical facility as part of improvements

    Hermosa Beach, California — Regency Centers announced that Torrance Memorial and Hermosa Beach Fish Shop will open at Plaza Hermosa. Torrance Memorial’s new facility is slated to open this fall and will specialize in primary care and pediatrics. 

  • Hilltown Crossings to undergo major redevelopment, Burlington to open

    Plymouth Meeting, Pennsylvania — Wolfson Group will launch a redevelopment of Hilltown Crossings, a community shopping center with a gross leasable area of 354,458 sq. ft., located on Route 309 at Orvilla Road in Hatfield, Pennsylvania.

  • Glimcher names VP of development

    Columbus, Ohio — Glimcher Realty Trust has appointed Kenneth Marshall to the role of VP, Development. In this position, Marshall will support the company’s development strategy, contributing to the leadership and implementation of redevelopment projects throughout the portfolio.

    Prior to joining Glimcher, Marshall served as executive VP of the Commercial Division of Colonial Properties Trust (now MAA). In addition, he has served as VP and Regional Development Director for The Westfield Corp.

  • Mansour Group arranges sale of southern California Stein Mart building

    La Quinta, California —The Mansour Group has announced the sale of a 36,000-sq.-ft. Stein Mart building located in La Quinta, California. Sale price was approximately $8 million. 

    The property was sold via Mansour Group by an unnamed developer to a private, all-cash investor out of San Diego.

    The freestanding building is situated in Washington Park, a 600,000-sq.-ft. power and lifestyle center anchored by Lowe’s, Target, Cost Plus, Office Depot, Trader Joe’s with plans for additional construction.

  • SRS Real Estate Partners promotes Laura Tinetti to senior VP

    Dallas — SRS Real Estate Partners has promoted Laura Tinetti to senior VP in the San Francisco office.

    Tinetti joined SRS in 2006 and, in the past eight years, has completed more than 150 retail transactions valued at approximately $300 million.

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