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Real Estate

  • Progressive AE and Design Plus announce merger

    Grand Rapids, Mich. -- Progressive AE and Design Plus, both of which are based in Grand Raids, Mich., announced they have merged to create one of the area’s largest full-service design firms specializing in architecture, engineering and interior design. Financial details of the merger were not disclosed.

  • Donahue Schriber launches construction on Rocklin Crossings

    Rocklin, Calif. -- Costa Mesa, Calif.-based Donahue Schriber announced the start of construction on Rocklin Crossings, a 543,500-sq.-ft. power center located just east of Sacramento, in Rocklin, Calif.

    Anchored by Walmart, Rocklin Crossings is one of two sister-shopping centers being developed by Donahue Schriber within the city. Together, they will offer over 900,000 sq. ft. of retail and restaurants providing a regional shopping and entertainment destination for Rocklin.

  • LA Fitness to open first Rhode Island location at Garden City

    Cranston, R.I. -- Boston-based The Wilder Cos. said that LA Fitness will make its Rhode Island state debut at Garden City Center, located in Cranston.

    The 38,000-sq.-ft., two-level facility will be located next to Office Max; a former Borders will be demolished to make way for LA Fitness.

    Construction will begin in January 2013 with a late December 2013 or early 2014 opening set.

  • iFixandRepair to open at Willow Grove Park

    Willow Grove, Pa. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that iFixandRepair will join its Willow Grove Park, Pa., property this fall.

    The 1,077-sq.-ft. store joins other Willow Grove Park wireless electronics retailers such as AT&T, Best Buy Mobile, RadioShack, Sprint Nextel, T-Mobile and Verizon Wireless.

  • Dress Barn opens at Hampton Village Centre

    Rochester Hills, Mich. -- Brixmor Property Group announced that a 8,001-sq.-ft. Dress Barn recently opened at Hampton Village Centre, located in Rochester Hills, Mich.

    Brixmor, based in New York City, is the owner of Hampton Village Centre.
     

  • WP Realty, Angelo Gordon acquires Oak Park Commons

    South Plainfield, N.J. -- Bryn Mawr, Pa.-based WP Realty and Angelo, Gordon & Co. said that the pair has Oak Park Commons in South Plainfield, N.J.

    Oak Park Commons is a one-story, 136,939-sq.-ft. community shopping center anchored by A&P Supermarket in 60,025 sq. ft. and includes a mix of national, regional, and local tenants. It is currently 76% occupied.
     

  • Nine West opens new retail concept

    New York -- Nine West has opened the first standalone store for its Vintage America Collection line. The store, in New York City’s SoHo neighborhood, reflects the modern bohemian ethos of the brand.

  • Gap to make official freestanding debut in Mexico

    San Francisco -- Gap Inc. announced Friday that it will open its first standalone store in Mexico, part of the retailer’s previously announced global expansion strategy.

    The new store, to be located at Interlomas Mall outside Mexico City, expands on Gap’s store-in-store concepts in Liverpool Department stores in the region.

  • Supervalu to shutter 60 stores

    MINNEAPOLIS — Supervalu is closing approximately 60 stores as the company moves forward with its turnaround plans. The company will shutter 38 stores in its retail food reporting segment and 22 Save-A-Lot locations. The majority of the stores are expected to close before Dec. 1, the end of the company’s fiscal 2013 third quarter.

  • Saks to shutter an Illinois and a Texas store

    New York -- Saks Inc. said Thursday that it will close its Highland Park, Ill., store, located in Renaissance Place, and its Austin, Texas, store, located in the Arboretum Market.

    Both stores are slated to close on Dec. 31.

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