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Real Estate

  • Crazy 8 to open at Arizona Mills this fall

    Tempe, Ariz. -- Indianapolis-based Simon Property Group said that Arizona Mills will continue to expand its retail mix this October with the opening of Crazy 8.

    Crazy 8, a concept from The Gymboree Corp., will be located across from J.C. Penney. Other retail offerings include Last Call by Neiman Marcus, Saks Fifth Avenue Off 5th, H&M, Forever 21, Kenneth Cole Company Store, American Eagle Outfitters, G by Guess, 2b Bebe and more.

  • Jones Lang LaSalle awarded leasing and management of Hawaii Kai Towne Center

    Honolulu -- Jones Lang LaSalle announced that it has been awarded the leasing and management of Hawaii Kai Towne Center, a 480,000-sq.-ft. mixed-use center located in Honolulu.

    Jones Lang LaSalle's retail portfolio in Hawaii also includes Windward Mall on O’ahu, Queen Ka’ahumanu Center on Maui and the Kings’ Shops on Hawai‘i Island.

  • Hobby Lobby expands at Paradise Pavilion

    West Bend, Wis. -- Brixmor Property Group announced Hobby Lobby recently expanded from 46,546 sq. ft. to 57,346 sq. ft. at Paradise Pavilion, located in West Bend, Wis.

    Brixmor, based in New York City, is the owner of Paradise Pavilion.

     

  • Westfield names U.S. leasing division head

    Los Angeles -- The Westfield Group announced that David T. Weinert will join the U.S. unit of the group as senior executive VP leasing.

    Weinert joins Westfield after 25 years with the Taubman Co., most recently serving as senior VP of leasing.

  • Azalea regional shopping center breaks ground

    South Gate, Calif. -- Primestor Development announced that Azalea Regional Shopping Center has launched construction in South Gate, Calif. The 380,000-sq.-ft. project, expected to be completed by early 2014, will include retailers, restaurants and services in a modern setting with water features, a large open-air plaza, Wi-Fi and gathering areas.

  • BJ’s Restaurant and Brewhouse to open at South Hill Mall

    Puyallup, Wash. -- Youngstown, Ohio-based Cafaro Co. announced that BJ’s Restaurant and Brewhouse will open a 9,200-sq.-ft. restaurant at South Hill Mall in Puyallup, Wash.

    The new tenant is scheduled to open February 11, 2013, located between Red Robin and Olive Garden restaurants.

     

  • Charter Realty & Development to lease Oak Park Commons

    South Plainfield, N.J. -- Charter Realty said it has been selected to lease Oak Park Commons located in South Plainfield, N.J.
     
    The single-story, 136,939-sq.-ft. community shopping center is anchored by A&P Supermarket in 60,025 sq. ft. and includes a mix of national, regional and local tenants.
     
    Oak Park Commons is currently 76% occupied with 33,508 sq. ft. of available space.
     

  • WS Capital completes acquisition of Hilldale Shopping Center

    Chestnut Hill, Mass. -- WS Capital Partners, the institutional investment arm of WS Development, announced that it has completed the acquisition of Hilldale Shopping Center, a 474,000-sq.-ft. retail center located in Madison, Wis.

    Anchored by Macy’s, Metcalfe’s Market, Sundance Cinemas and Target, Hilldale Shopping Center serves the entire Madison metropolitan area, including the nearby University of Wisconsin-Madison.

  • Inland raises $1.1 billion of investor capital

    Oak Brook, Ill. -- Inland Diversified Real Estate Trust announced it has raised over $1.1 billion of investor capital, which will be used to continue the company’s acquisitions of a diversified portfolio of commercial real estate properties.

    “We believe that we have built an outstanding portfolio of stable, performing commercial real estate assets with very high occupancy, generating sustainable distributions for our investors,” said Barry Lazarus, president and COO of Inland Diversified.

  • Three new tenants announced at Shoppes at Wyomissing

    Reading, Pa. -- Garrison Investment Group said that Charming Charlie, Berkshire Shoe & Boot, and Menchey Music have opened or will open soon at The Shoppes at Wyomissing, located in Reading, Pa.

    The three new tenants total nearly 11,400 sq. ft. in the 103,108-sq.-ft. open-air lifestyle center, which is owned by the Garrison and managed by Levin Management.

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