Department Store

Chattanooga, Tenn. -- CBL & Associates Properties announced that Sally Cooney has joined the company as regional director of leasing, charged with overseeing the Cincinnati regional leasing team’s efforts and merchandising strategy.   

Cooney most recently served as regional VP for General Growth Properties in its Atlanta regional office.

Waynesville, N.C. -- Chattanooga, Tenn.-based CBL & Associates Properties announced the opening of its newest community center development, Waynesville Commons, a 127,500-sq.-ft. community center in Waynesville, N.C.  

Joining the existing Walmart, the 100% leased center is anchored by an 85,000-sq.-ft. Belk, Michaels and PetSmart, along with 11,000 sq. ft. of specialty stores including US Cellular and Rack Room Shoes.

Minneapolis -- Target Corp. said Tuesday it will sell its $5.9 billion credit card portfolio to TD Bank Group.

The business will be sold for an amount equal to the gross value of the outstanding receivables at the time of closing, said Target; the portfolio currently has a gross value of about $5.9 billion.

TD Bank also agreed to a seven-year deal to underwrite, fund and own the retailer’s future credit card and Visa receivables in the U.S.

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.

Los Angeles -- CBRE said it has been retained by Starwood Capital to work collaboratively with Starwood’s leasing team to lease six malls located in California, Florida, Illinois, Nebraska and Ohio.

The new CBRE assignment followed Starwood Capital's recent acquisition of a 90% stake in seven U.S. malls.

The properties include: Solano Mall in Fairfield, Calif.; Westland Mall in Miami; Chicago Ridge Mall in Chicago; Louis Joliet Mall in Chicago; Gateway Mall in Lincoln, Neb.; and Southpark Mall in Cleveland.

Milwaukee -- Opus Development Corp. announced the scheduled openings of T.J Maxx, Ulta Salon and Cosmetics, Rue 21 and Charming Charlie’s by Oct. 28 at the company’s Shoppes at Fox River development in Waukesha, Wis.

Opus broke ground on the first development in Phase II of the Shoppes at Fox River in April 2012. The development includes more than 47,000 sq. ft. of retail space on six acres of land adjacent to the existing Phase I buildings, which opened in 2009 and include Target and Pick ‘n Save.

Santa Monica, Calif. -- The Macerich Co. announced on Monday plans to acquire Kings Plaza, located in Brooklyn, N.Y., and Green Acres Mall, located in Valley Stream, N.Y., on the border of New York City and Nassau County. 

Kings Plaza is being acquired from a subsidiary of Alexander's for $751 million, with a closing date set for late 2012. Green Acres is being acquired from a subsidiary of Vornado Realty Trust for $500 million, with a first quarter 2013 closing date.

Las Vegas -- Tatyana Designs opened its 10th Bettie Page store, on Newbury Street in Boston.

“We are confident that our new Boston location will track the success of our other nine company-owned outlets all located in prime 'street' or up-scale mall locations. We are looking at additional East Coast locations as we aggressively pursue our growth strategy," said Tatyana Designs co-CEO Jan Glaser.