REAL ESTATE

Philadelphia — Pennsylvania Real Estate Investment Trust has completed the sale of Chambersburg Mall in Chambersburg, Pa., for $8.8 million.The sale marks another step in PREIT’s continuing effort to improve the quality of its portfolio through the sale of non-core assets. Net proceeds from the transaction totaled approximately $8.4 million.

North Plainfield, N.J. — Levin Management’s annual pre-holiday retail sentiment survey has found that retailers expect consumers to begin their holiday shopping sooner this year. Specifically, Levin said that 43.3% of responding retailers believe that holiday sales will peak prior to and during the Thanksgiving/Black Friday weekend sales period.

Only 13.5% believe that sales will peak later — during the weekend before Christmas, a significant drop from last year’s 29.2%.

Suffern, N.Y. — Lane Bryant has opened new stores in Kentucky, New Jersey and Texas. The Kentucky store is located at The Shoppes at Gary Farms in Bowling Green. In New Jersey, the new Lane Bryant has opened at Willow Ridge Plaza in Marlton. The third location is in the Chimney Rock Shopping Center in Odessa, Texas.

Lane Bryant is a wholly owned subsidiary of Ascena Retail Group.

Dallas — The new IMAX Theatre will open at Premiere Cinema IMAX at Bassett Place in El Paso, Texas, on Nov. 21. The new IMAXS screen replaces two standard screen auditoriums. The theater also needed a new 45-ft. high roof to accommodate the new technology. The El Paso location will have one of the largest IMAX theatres in Texas, with a screen 70-ft. long by five stories tall.

Alameda, Calif. — Trabocco Kitchen and Cocktails, a new restaurant founded by Alameda residents Chef Giuseppe Naccarelli, a native of Palombaro, Italy, and his wife Christine, will open Nov. 18 at South Shore Center in Alameda. The 4,700-sq.-ft. restaurant is located in Center Court, the shopping center’s main plaza.

New York -- Embattled Southern celebrity chef Paula Deen is opening a headquarters and store in Clarence, N.Y., a suburb of Buffalo, this February. The shop, Paula Deen Foods, will include a showroom designed to resemble Deen's home kitchen and offer products from her branded line of goods.

Columbus, Ohio – Lane Bryant has opened three new stores and reopened two stores as of Nov. 15. The three new stores are located in Gretna Crossing Outlets in Gretna, Neb., Spectrum Town Center in Chino, Calif., and Outlets of Mississippi in Pearl, Miss.

Laval, Quebec City -- Canadian convenience store giant Alimentation Couche-Tard Inc. announced t it has signed, through its wholly-owned subsidiary Circle K Stores Inc., an agreement with Albuquerque Convenience and Retail to acquire 23 stores in New Mexico. Albuquerque Convenience and Retail is subsidiary of Phillips 66 Company.