Retail

Atlanta -- Construction of a new Brixx Wood Fired Pizza is underway at The Avenue East Cobb in Marietta, Ga., just north of Atlanta. Cousins Properties manages the development.

Approximately 3,600 sq. ft., the new Brixx will seat about 140 inside and 45 outside on a patio. Franchisees Nick and Raj Vadgama will open the new restaurant, the first Brixx in Georgia, in the fall.

Brixx has also announced plans for a second franchised Georgia location in the Avenue Peachtree City, another Cousins property.

Atlanta -- Jones Lang LaSalle has announced that its retail group, in an exclusive deal, will lease and manage Shenandoah Plaza in Newnan, Ga. Anchoring the 146,121-sq.-ft. property are Big Lots, Rent-A-Center and Goodwill.

The property is currently 100% occupied. John Bemis, southeast retail market lead, and Janine Christian, senior VP, will direct JLL’s team on the assignment.

Leominster, Mass. -- Vintage Real Estate has purchased The Mall at Whitney Field, a 700,000-sq.-ft. regional shopping center in Leominster, Mass., about 35 miles west of Boston. Anchors include Macy’s, Sears, J.C. Penney, Market Basket, Toys “R” Us and Old Navy.

Concurrent with the acquisition, Burlington Coat Factor signed a 10-year lease for a 66,000-sq.-ft. space formerly occupied by Circuit City.

CardinalCommerce and Unbound Commerce have rolled out a cloud wallet service for online merchants. The cloud wallet service from Unbound Commerce scheduled for release in July leverages Universal Wallet APITM from Cardinal to offer a single point connection to several leading digital wallets. 

Dallas -- CBRE’s Private Capital Group in Dallas has arranged the sale of Hebron Heights Shopping Center in Carrollton, Texas, for an undisclosed amount. The 59,356-sq.-ft. neighborhood shopping center occupies a 10-plus acre site at the corner of Hebron Parkway and Old Denton Road in northwest Dallas.

Atlanta -- Jones Lang LaSalle Retail Group said that vacancy rates should fall far enough to enable some landlords in every U.S. market to demand slightly higher rents — at some point over the next six months.

COLUMBUS, Ohio — Limited Brands reported net sales of $737 million for May 2013, an increase of nearly 10% from $672 million for the same period last year. The company reported a comparable store sales increase of 3% for May from the same period last year. 

For the 17-week period ended June 1, the company reported net sales of $3 billion, an increase of 6% from $2.8 billion for the same period last year. Meanwhile, comparable store sales increased 3% for the 17-week period, versus the same period last year. 

Plano, Texas -- J.C. Penney Co. on Thursday took the wraps off its highly anticipated new home department. More than 500 stores received a complete home department revamp, with updated flooring, accent lighting, custom fixturing and a widened pathway.

The new department is made up of a collection of in-store shops for popular designers, including Michael Graves Design, MarthaHome, Happy Chic by Jonathan Adler, and Design by Conran. Each shop-has its own distinct look with a size range of about 300 to about 800 sq. ft.