Real Estate

Cherry Hill, N.J. -- Canadian apparel retailers Dynamite recently opened at Cherry Hill Mall. The 2,800-sq.-ft. store is one of the retailer’s first locations in the United States and it’s first in New Jersey. The fashion-forward retailer has more than 250 stores.

Owned by Pennsylvania Real Estate Investment Trust, the 1,306,800-sq.-ft. mall is anchored by Nordstrom, Macy’s and J. C. Penney.

EAST RUTHERFORD, N.J. — The experience of air travel has declined over the years, but the retail experience at airports has consistently been elevated as retailers look for new opportunities, such as this newly renovated Tom Bradley International Terminal, featuring 19 retail stores, at the western gateway to the U.S.

New York -- Loblaw Cos., Canada's largest grocer, is testing a small-store discount under the Box by No Frills banner. 

The company debuted the concept in Calgary, in a 10,000-sq.-ft. store. The store everyday low price" on groceries and other merchandise, Sarah Davis, Loblaw's CFO said in a conference call Wednesday, The Canadian Press reported.
 

New York -- Douglas Elliman’s Retail Group has won exclusive rights to lease a 25,000-sq.-ft., nine-building portfolio in Harlem.

Five of the buildings are on a central transverse at 135th Street, between Adam Clayton Powell and Frederick Douglass Boulevards, one is on Adam Clayton Powell Blvd. and three are on the revitalized Frederick Douglass Blvd. Store sizes range from 500 to 5,000 sq. ft.

Virginia Beach, Va. -- Divaris Real Estate has arranged five retail leases for space in Chesapeake, Norfolk and Virginia Beach.

T-Mobile signed three leases for 4,225 sq. ft. The company will move into 1,600 sq. ft. in Kempsriver Crossing in Virginia Beach, 1,500 sq. ft. in Southern Shopping Center in Norfolk and 1,125 sq. ft. in Indian River Shoppes in Chesapeake.

Original Mattress Factory is relocating to a larger space in Sam’s Circle in Chesapeake. The new space is 2,400 sq. ft.

Los Angeles -- PizzaRev, the fast-casual artisan pizza concept, will build a flagship location in Burbank’s shopping and entertainment district at the intersection of E. Palm Ave. & N. San Fernando Blvd.

The company has announced plans to add two new locations in Oxnard and El Segundo, Calif. this summer and to begin franchising soon. PizzaRev currently operates three locations in Studio City, Woodland Hills and Northridge, Calif.

Cicero, Ill. -- The town of Cicero, Ill., and Wal-Mart Stores announced an agreement on Tuesday to build a Walmart Supercenter on a portion of a former racetrack site.

Under the contract, Wal-Mart will pay $7.5 million for 24.67 acres of land at the long-vacant and dilapidated Sportsman’s racetrack to construct a 190,000-sq.-ft. store.

Cicero will continue to own 10 acres of the remaining Sportsman's property, which is reserved for future retail expansion and development.

New York -- Johnny Rockets has been acquired by an affiliate of private-equity group Sun Capital Partners Inc. Terms of the deal were not disclosed.

Johnny Rockets operates about 300 corporate and franchise-owned hamburger restaurants in 30 states and 16 countries, including 17 Six Flags amusement park locations and 11 Royal Caribbean cruise ships.

Chicago -- Englewood Construction announced its retail group has begun work on the Chicago market’s first Ports 1961, a luxury apparel retailer, in Rosemont, Ill.
 
“Ports 1961 chose to enter the Chicago area by locating within Fashion Outlets of Chicago,” said William Di Santo, president of Lemont, Ill.-based Englewood Construction. “The retail world is anxiously awaiting the August 1 opening of this world-class fashion outlet mall in Rosemont.”

Los Angeles -- Regency Centers Corp. has broken ground on Juanita Tate Marketplace, a $21 million grocery-anchored shopping center in underserved South Central Los Angeles.

Anchors include a 42,500-sq.-ft. Northgate Gonzalez Market and a 14,576-sq.-ft. CVS/pharmacy. The remaining space will include small shops, quick-service restaurants and a 1050-sq.-ft. educational community center operated by Concerned Citizens of South Central Los Angeles, a community revitalization group once led by Juanita Tate, who died in 2004.