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Hospitality

  • Fusion Performing Arts Center opens at Voorhees Town Center

    Voorhees, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust announced that Fusion Performing Arts Center has opened at Voorhees Town Center, located in Voorhees, N.J.

    The new 6,346-sq.-ft. center, which features such events as dance workshops, theater productions and local band performances, is located on the lower level across from Tilt Studio.

  • Aeropostale appoints Starbucks exec to board

    New York City -- Aeropostale announced that Arthur Rubinfeld, president - global development for Starbucks Coffee Co., has been appointed to the Aeropostale board of directors.

    Rubinfeld helped build the foundation of Starbucks as senior VP real estate from 1992 to 2002, and returned to the company in his current position in 2008.
     

  • Present Value Properties negotiates six Menchie's leases in California

    Tustin, Calif. -- Present Value Properties said it has represented Menchie's in six California lease transactions for the frozen yogurt purveyor.

    A Menchie's franchisee signed a five-year lease for 1,637 sq. ft. in Orange, in a center anchored by Petco and Michaels. Menchie's will open in first quarter 2012.

    In Whittier, Menchie’s will open a 1,250-sq.-ft. shop at Santa Fe Springs Plaza in early 2012. The center is anchored by Food For Less, and is currently undergoing a remodel.

  • Chipotle Mexican Grill to open at Corbin’s Center

    West Hartford, Conn. -- Jacksonville, Fla.-based Regency Centers said that Chipotle Mexican Grill will open a new restaurant at Corbin’s Center, located in West Hartford, Conn.

    The 3,500-sq.-ft. restaurant is slated to open October 2012.

    Corbin’s Center, at 186,163 sq. ft., is anchored by Trader Joe’s alongside national retailers such as Best Buy, Old Navy and Toys “R” Us.

  • Just like mom used to make

    Gritty and dry are not words normally associated with a delicious chocolate chip cookie, but that is how Consumer Reports described most of the cookies tested in its December issue, including Target’s Market Pantry and Archer Farm’s brands.

  • Jimmy John’s to open at Kemp Crossing

    Wichita Falls, Texas -- Dallas-based Cypress Equities said Monday that Jimmy John’s Gourmet Sandwiches has signed a lease to occupy 1,710 sq. ft. at Kemp Crossing, located in Wichita Falls, Texas.

    The new Jimmy John’s location will be operated by franchisee Balwanti Indra Dayaram.

  • Flurry of Activity

    Every year, in December, Chain Store Age examines the northeastern region — New York, Pennsylvania, New Jersey, Maine, Massachusetts, Connecticut, New Hampshire, Vermont and Rhode Island — and, in 2011, there appears to be some positive momentum.

    Retail real estate executives will tell you that we’re not completely out of the woods yet, but the industry is certainly inching in the right direction.

  • Focus on: Urban Development

    An early November announcement that an area of downtown Atlanta would become the site of a multi-modal transit hub was welcome news to anyone who has ever sat in the southern city’s many traffic snarls.

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