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Real Estate

  • Kirkland’s to open at Boulevard Crossing

    Kokomo, Ind. -- Indianapolis-based Kite Realty Group said that Kirkland’s will open a 6,400-sq.-ft. store at Boulevard Crossing, located in Kokomo, Ind.

    The 213,663-sq.-ft. shopping center is owned by Kite Kokomo Project Co. and is anchored by Kohl’s, Party City, Ulta, TJ Maxx, Petco, Shoe Carnival and Dress Barn.

  • Kirkland’s to open at Boulevard Crossing

    Kokomo, Ind. -- Indianapolis-based Kite Realty Group said that Kirkland’s will open a 6,400-sq.-ft. store at Boulevard Crossing, located in Kokomo, Ind.

    The 213,663-sq.-ft. shopping center is owned by Kite Kokomo Project Co. and is anchored by Kohl’s, Party City, Ulta, TJ Maxx, Petco, Shoe Carnival and Dress Barn.

     

  • Trio of new tenants complete Phase II of Crossroads at Somerset leasing

    Franklin Township, N.J. -- Crossroads Cos., based in Mahwah, N.J., announced that three new Crossroads at Somerset lease agreements have rendered the retail Phase II component of the grocery-anchored neighborhood shopping center fully occupied.

    Integrated Health, La Vida Massage and and Robert Wood Johnson University Hospital will join the 118,000-sq.-ft, mixed-use project, already tenanted by Verizon Wireless, My Tokyo Sushi, Let’s Yo Frozen Yogurt, Frank’s Pizza and Hair Cuttery.

  • Santa Fe Cattle Co. opens at Stirling Bossier Shopping Center

    Bossier City, La. -- Covington, La.-based Stirling Properties announced the opening of a new 7,918-sq.-ft. Santa Fe Cattle Co. restaurant at its Stirling Bossier Shopping Center property, located on Airline Drive in Bossier City.

    Headquartered in Baton Rouge, La., Santa Fe Cattle Co. operates 19 locations in six states, including four in Louisiana.

     

  • Taubman Prestige Outlets Chesterfield names GM

    Bloomfield Hills, Mich. -- Taubman Centers announced it has hired Colleen O’Neill as the general manager of Taubman Prestige Outlets Chesterfield, effective Nov. 5. She will be responsible for overseeing center operations as well as retailer and community relations, marketing and sponsorship.

    O’Neill was the former marketing director of Saks Fifth Avenue at Plaza Frontenac in St. Louis. The announcement of her hiring follows Taubman’s decision to move up the opening date of the high-end outlet shopping center to August 2, 2013.

  • Mid-America Real Estate-Wisconsin names new partners

    Milwaukee -- Mid-America Real Estate-Wisconsin announced the promotion of VPs Tony Colvin and Adam Dreier to principals.

    Colvin joined Mid-America Real Estate as a broker associate in January 2001 and, too date, has brokered over 1.2 million sq. ft. of retail space for a total transaction value of over $186 million.  Dreier has been with Mid-America Real Estate since February 2002 as a broker associate.  To date, he has brokered over 1 million sq. ft. of retail space, for a total transaction value of over $212 million.

     

  • Walmart Supercenter opens after eight years in the making

    Baltimore, Md. -- New York City-based Brixmor Property Group said Walmart Supercenter at Liberty Plaza, in Randallstown (Baltimore), Md., grand-opened on Oct. 17 in 160,908 sq. ft.

    Brixmor said that discussions with Walmart for the development of this supercenter began as early as 2004, as redevelopment efforts paved the way for the retailer.

  • Ross to open urban store in mixed-use center

    Peoria, Ill. -- Cullinan Properties Group, developer of the East Peoria (Ill.) Downtown development, said Friday that Ross Dress for Less will open a 25,000-sq.-ft. junior-anchor store at the mixed-use project, joining previously announced Target, Costco, Ulta and Gordman’s.

    Red Robin Gourmet Burger will open a 4,001-sq.-ft. restaurant and dental chain Heartland Dental Care will open in a 2,700-sq.-ft. space.

  • Cole acquires three retail centers for $130.9 million

    Phoenix -- Cole Real Estate Investments said it has purchased three retail power centers totaling about 875,000 sq. ft. for $130.9 million.

    The acquired properties are Hillside Town Center, a 165,000-sq.-ft. center in Hillside, Ill., for $27 million; White Oak Village, a 433,500-sq.-ft. property in Richmond, Va., for $68 million; and Barrow Crossing, a 276,000-sq.-ft. center in Winder, Ga., for $35.9 million. Barrow Crossing is a joint venture with Faison, the original developer of the property.

  • Starbucks opens first store in India

    Mumbai -- Starbucks Coffee Co. on Friday entered its 61st country with the opening of its first store in India, in a historic building in southern Mumbai. The store is owned and operated by Tata Starbucks Limited, the 50/50 joint venture between Starbucks and Tata Global Beverages Limited. The company plans to open two additional stores in Mumbai next week before launching in New Delhi in early 2013.

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