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  • NRF: Halloween spending to fall

    Washington, D.C. -- Nearly 158 million consumers will participate in Halloween activities this year, slightly less than the historic high of 170 million people last year. New figures from the National Retail Federation (NRF) indicate the average consumer will spend $75.03 on Halloween this year, down 6% from $79.82 last year.

    However, average overall spending on Halloween has increased 54.7% since 2005, with total spending estimated to reach $6.9 billion in 2013. Other NRF figures include:

  • Nordstrom opens newly relocated store at Americana at Brand

    Glendale, Calif. -- Nordstrom has unveiled its new, relocated store at Americana at Brand, the Caruso-owned luxury shopping center in Glendale, Calif.

    Seattle-based Nordstrom was formerly located at nearby Glendale Galleria, but closed that store to reopen in 135,000 sq. ft. at Americana at Brand, featuring a refreshed interior design over three levels, farm-to-table restaurant Bar Verde, updated beauty experience, and an expanded selection of designer fashion brands including the first TopShop and TopMan in-store boutiques in Los Angeles.

  • Dick’s to unveil remodeled store in Cary, N.C.

    Pittsburgh -- Dick’s Sporting Goods will open its newly renovated store in Cary, N.C., on Sept. 29, featuring 56,000 sq. ft. of specialized services and experiential elements such as a golf simulator, club fitting center, putting green, archery lane with an on-site bow technician, and bike safety inspections, custom fittings, tune-ups and assembly.

  • Village on Pooler Parkway nets seven new retailers

    Pooler, Ga. — With the addition of seven new leases, GBT Realty Corporation’s Village on Pooler Parkway is 95% leased months before its scheduled opening in the first quarter of next year. Anchored by T.J.Maxx, Ross Dress for Less, Michaels and PetSmart, the 143,000-sq.-ft. development has now added Kirkland’s, Hibbett Sports, Visionworks, Legacy Nails, Sprint, GNC and Kay Jewelers to the mix.

  • Charter arranges TJX lease at Meriden Mall

    Meriden, Conn. — A TJX Marshall’s store has leased a 23,137-sq.-ft. space at the Meriden Mall in Meriden, Conn. Charter Realty and Development represented the TJX Company in the transaction. Charter Realty is TJX’s exclusive broker for Connecticut, and this is the 25th lease TJX lease the company has arranged.

    Anchored by Best Buy, Dick’s Sporting Goods and Macy’s, the 894,435-sq.-ft. mall, owned by The Westfield Group, has 142 stores and ranks as the seventh largest mall in Connecticut.

     

  • KeyPoint brokers sale of Shrewsbury, Mass., retail property

    Burlington, Mass. — Torchlight Investors has sold the property at 476 Boston Turnpike. KeyPoint Partners represented Torchlight in the transaction.

    B-W Warrenville Operations bought the property, a former Borders Books store, prominently located in a retail-intensive section of Route 9 near Stop & Shop, Home Depot, Bed Bath & Beyond, Bob’s Stores and Staples.

    The new owner plans to redevelop the site for Buffalo Wild Wings and Tile Shop.

     

  • KeyPoint extends Kohl’s lease at The Crossings

    Burlington, Mass. — Kohl’s Department Store has signed a long-term renewal at The Crossings in Newington, N.H., according to KeyPoint Partners, the firm that manages and leases the center.

    KeyPoint also recently signed Ulta Beauty and Trader Joe’s as new tenants.

  • Simon and Tanger break ground on Charlotte Outlets

    Indianapolis — Simon Property Group and Tanger Factory Outlet Centers have announced that construction has begun on Charlotte Premium Outlets. The first phase of the planned 400,000-sq.-ft. center will open in the summer of 2014. The project is a 50/50 joint venture between Simon and Tanger.

    Charlotte Premium Outlets will feature Saks Fifth Avenue Off 5th and more than 90 other outlet stores.

    Tanger is providing site development and construction supervision to the venture. Simon is providing management services and marketing.

  • Bon-Ton appoints Spencer exec to board

    York, Pa. - The Bon-Ton Stores, Inc. board of directors has unanimously elected Steven Silverstein to its board, effective immediately. Silverstein will serve on the Human Resources and Compensation Committee.

  • Cypress Equities acquires Bessemer, Ala., center

    Dallas — A fund managed by Cypress Equities has acquired Promenade Tannehill in Bessemer, Ala., a suburb of Birmingham.

    Tannehill is a 347,151-sq.-ft. regional power center that opened in 2008 and presently houses more than 30 retailers, including Target, Publix, J.C. Penney, Michaels, PetSmart, Premiere Cinemas, Charming Charlie, Anna’s Linens and Ross Dress For Less.

     

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