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  • 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.

  • 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.

  • Burberry, Tag Heuer to open at Westfield Valley Fair

    Santa Clara, Calif. -- Burberry, Tag Heuer and Wolford will join Westfield Valley Fair’s collection of luxury retailers, marking the debut of the South Bay shopping center’s first phase of significant expansion.

    The new stores will join Cartier, Mont Blanc, Louis Vuitton and Tiffany & Co. on the east side of Westfield Valley Fair.

  • Target to open store in East Peoria, Ill.

    Minneapolis -- Target Corp. said it will open a store in East Peoria, Ill., in March 2013.

    The store will be part of the 86-acre East Peoria Downtown development. This will be the first Target store in East Peoria.

     

  • George at Asda brings more fashion to over 40 set

    LONDON, UNITED KINGDOM — George at Asda is extending its Moda line to offer more fashion items for U.K. women over 40.

    Over two years in development and following a series of intensive customer focus groups, the collection has been created by George's team of industry leading in-house designers with customers' feedback.

  • Report: Disney shops to open in J.C. Penney

    New York -- Disney has joined the roster of brands that will be setting up shop in J.C. Penney Co., with Disney children’s boutiques opening in Penney stores next fall, Women’s Wear Daily reported.

    The in-store boutiques will feature products designed and sourced by Disney Consumer Products exclusively for J.C. Penney’s as well as Disney stores and theme parts, according to the report.

  • 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.

  • 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.

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