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REAL ESTATE

  • Ikea to make state debut in Kansas City area

    Merriam, Kansas -- Shopping center owner and developer DDR Corp., based in Beachwood, Ohio, said Tuesday it will sell 22 acres of land to Ikea Property for the construction of Ikea’s first store in Kansas, located in the Kansas City bedroom community of Merriam, Kan.
     
    Ikea confirmed Tuesday that the City Council of Merriam has unanimously approved plans for this project, following last month's approval from the city's Planning Commission.
     

  • Two new Nordstrom Racks in the works

    Seattle -- Nordstrom announced that it plans to open a Nordstrom Rack in downtown Washington, D.C., at the 1800 L Street, NW building. The approximately 35,000-sq.-ft. store is scheduled to open in spring 2013.

    The retailer also plans to open a Nordstrom Rack at Columbia Crossing in Columbia, Md., a shopping center that is owned and operated by Kimco Realty Corp. The approximately 40,750-sq.-ft. store is expected to open in spring 2013.

     

  • Target to open store in Pomona, Calif.

    Minneapolis -- Target announced plans to open a 140,000-sq.-ft. store in Pomona, Calif., in October 2013.

    To date, Target has announced plans to open 16 Target stores in 2013.

     

  • Baker Storey McDonald acquires Whitesburg Center

    Huntsville, Ala. -- Nashville-based Baker Storey McDonald, an X Team International partner, said it has acquired its first property in Huntsville, Ala. The firm purchased Whitesburg Center for $6.7 million.

    The 51,943-sq.-ft. shopping center is tenanted by Dollar Tree, Mattress Firm, Cheeburger Cheeburger and Baskin Robbins, among others.

    Baker Storey McDonald will manage and lease the center.

     

  • David Yurman, Miu Miu to open at Westfield Valley Fair

    Santa Clara, Calif. -- Westfield announced that David Yurman and Miu Miu will open first-to-market stores at its Westfield Valley Fair property in Santa Clara, Calif. A new Prada boutique will open as well, joining other luxury retailers such as Burberry, Tag Heuer, Wolford, Mont Blanc, Louis Vuitton, Tiffany and Cartier.  

  • Alamo Drafthouse Cinema to open at City Point Development

    Brooklyn, N.Y. -- Charter Realty & Development said it has leased 43,842 sq. ft. for an Alamo Drafthouse Cinema at the City Point Development in Brooklyn, N.Y.

    Alamo Drafthouse Cinema features an upscale theater-restaurant combination. City Point will have seven screens of new releases, repertory programming and the Alamo’s signature programming with seating for over 900 moviegoers.
     

     

  • Pet Supplies Plus opens at The Shops at Blue Bell

    Blue Bell, Pa. -- North Plainfield, N.J.-based Levin Management Corp. said that Pet Supplies Plus has opened a 7,650-sq.-ft. store at The Shops at Blue Bell, located in Blue Bell, Pa.

    Levin is the exclusive leasing and management agent for the 103,000-sq.-ft. shopping center, which is anchored by Giant supermarket and tenanted by IHOP, Sovereign Bank, GNC, Supercuts and Planet Beach, among others.
     

  • Winick named retail leasing agent for One New York Plaza

    New York -- Winick Realty Group said it has been retained by Brookfield Office Properties to exclusively market the retail concourse at One New York Plaza, in New York City.

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