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REAL ESTATE

  • Stirling chief named VP of ICSC Southern Division

    Covington, La. -- Marty Mayer, president and CEO of Stirling Properties, won election as VP of the International Council of Shopping Centers’ Southern Division at RECon in May.

    As a divisional VP, Mayer will also sit on the Government Relations Advisory Committee. In addition, he currently serves on the Executive Committee of ICSC’s Worldwide Board of Trustees.

     

  • Blo/Out Blow Dry Bar blows into Willow Grove Park

    Willow Grove, Pa. -- Blo/Out Blow Dry Bar will open its third salon in Willow Grove Park this summer. The new, no-appointment-necessary, no-cut, no-color blow dry bar brand from Philadelphia has signed up for 1,300 sq. ft.

    Blo/Out Blow Dry Bar stylists wash and dry hair and blow it straight, wavy, curly or up. Customers choose from eight styles. Additional services include scalp massages, makeup, custom styling and a new 20-minute dry styling treatment.

     

  • CBRE pours Seattle’s Best Coffee into North Texas

    Dallas -- Seattle’s Best Coffee is opening new operations in North Texas, according to CBRE. So far, 10 stores have opened throughout the Dallas-Fort Worth metro area with more scheduled to open later this year.

    CBRE Retail Brokerage provided market evaluation, mapping and demographic analysis, site selection and lease negotiation. CBRE Project Management provided construction services.

    The 10 new stores are located throughout Burleson, Dallas, Fort Worth, Lancaster, McKinney and Rockwall.

     

  • Jones Lang LaSalle brokers Hancock Village sale

    Richmond, Va. -- Jones Lang LaSalle has closed the sale of phase I of Hancock Village on behalf of Edco in Richmond, Va.’s Chesterfield submarket.

    Cole Real Estate Investments purchased the 153,853-sq.-ft. shopping center anchored by Dick’s Sporting Goods and Hobby Lobby. A Walmart Supercenter shadow-anchors the development.

    JLL said the center is 100% leased.

     

  • Dunkin’ Donuts in major store revamp

    Canton, Mass. -- Dunkin’ Brands Group is giving its Dunkin’ Donuts stores a big makeover. The chain has been rolling out a “café-style” store redesign that includes a new, earth-toned palette, to make its locations resemble those of rival Starbucks, according to Bloomberg.

    Dunkin’ Donuts, which plans to double its current store total to 15,000, is adding features such as more comfortable seating and music to increase its afternoon customer traffic.

  • Isaac Mizrahi New York opens up shop

    New York -- Isaac Mizrahi has returned to the retail scene. Xcel Brands on Friday announced the debut of Isaac Mizrahi New York, in Southampton, N.Y. (Xcel is the designer’s parent company).

    "This is a very exciting opportunity for Xcel and the brand,” said Isaac Mizrahi, creative director, Xcel Brands. “It's great for the consumer to see all products coming together in our own new retail environment."

  • WP Realty acquires Plaza at the Pointe

    Bryn Mawr, Pa. -- WP Realty has acquired Plaza at the Pointe, a 149,016-sq.-ft. center located near Pittsburgh in the Parkway West retail submarket.

    Anchor tenants include Bed, Bath & Beyond, Old Navy, La-Z-Boy and Party City. An additional 21,556 sq. ft. anchor space is currently vacant.

    Latitude 40, a recently redeveloped 60,000-sq.-ft. entertainment center, and a number of national retailers shadow-anchor Plaza at the Pointe from adjacent properties.
     

  • Jones Lang LaSalle brokers Tifton Corners sale

    Atlanta -- Jones Lang LaSalle has announced that it has closed the sale of Tifton Corners in Tifton, Ga., to Tifton Retail. JLL represented RCG Ventures in the transaction.

    Anchors at the 186,629-sq.-ft. Tifton Corners include Big Lots, Save A Lot, Tractor Supply Co., Dollar Tree, Citi Trends and Hibbett Sports. The property is currently 84% leased.

    JLL noted that Tifton is near I-75, a major north-south interstate, in south central Ga., two hours north of Tallahassee and three hours south of Atlanta.

     

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