Discount Store

Miramar, Fla. - Boca Raton, Fla.-based Woolbright Development announced that five new restaurants have opened over the last few months at Miramar Square in Miramar, Fla.

Miramar Square is a 240,000-sq.-ft. shopping center anchored by Kohl’s, Staples and Dollar General.

The new restaurant openings include Golden Krust Caribbean Grill, L&L Market Bistro/Elle’s, Smitty’s Grill, La Coriana and Giardinos Gourmet Salads.

Other eateries slated to open in the next months include Coldstone Creamery and Sir Pizza.

North Miami Beach, Fla. - Boca Raton, Fla.-based Woolbright Development announced two new tenants for Intracoastal Mall, a 234,000-sq.-ft. shopping center in North Miami Beach.

Hiro’s Yakko-San will open a 4,438-sq.-ft. Japanese restaurant in December 2010. And Dollar Tree has leased 10,200 sq. ft. and is slated to open a new store in early 2011.

Intracoastal Mall is anchored by TJ Maxx, Old Navy, Winn Dixie and Sunrise Cinemas.

Cincinnati -- Phillips Edison and Co.'s Fund IV announced its acquisition of Marketplace Shopping Center, in Independence, Mo.

The property was purchased from Centro Properties Group and Ingrid Long and Drew Quinn of Grubb & Ellis represented the Seller on the transaction. The 241,682-sq.-ft shopping center is anchored by Price Chopper.

Boston -- The Gymboree Corp. and Bain Capital Partners, on Tuesday announced the successful completion of the company by affiliates of Bain Capital for $65.40 per share in cash, or approximately $1.8 billion.

As of Oct. 30, Gymboree operated 1,049 retail stores: 636 Gymboree stores (595 in the United States; 37 in Canada, two in Australia, and two in Puerto Rico); 148 Gymboree Outlet stores; 122 Janie and Jack shops; and 143 Crazy  stores in the United States.