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REAL ESTATE

  • Lee & Associates names senior advisor

    Indianapolis -- Commercial real estate firm Lee & Associates announced the addition of Robyn Smart as a senior advisor of the Indianapolis office.

    Smart specializes in tenant representation, site acquisition and landlord representation. In her new role, Smart will be responsible for all aspects of retail brokerage.

    Prior to joining Lee & Associates, Smart most recently served as an advisor for CB Richard Ellis.
     

  • Readers Speak Out: What was your key takeaway from RECon 2011?

    In the May 26 edition of SiteTalk, we asked the question, "Did you attend RECon 2011 in Las Vegas this week? If so, what was your key takeaway from the show?"  This is what several readers had to say:

  • U.S. shopping center industry tallies to nearly 108,000 centers

    New York City -- The U.S. shopping-center industry grew to approximately 108,000 centers in 2010, according to the latest statistics from CoStar Group. The data, compiled on behalf of the International Council of Shopping Centers (ICSC), marked the slowest U.S. industry growth (+0.2% or 259 centers) on record since at least 1971 for which consistent data exist.

  • Anthropologie to open on Upper East Side

    New York City -- Cushman & Wakefield announced that Anthropologie will replace the Lowes movie theater on the northwest corner of Third Avenue and 71st Street, in Manhattan.

    The theater, which had occupied the space for 50 years, closed at the end of 2010.

    The apparel retailer, which has three other locations in New York City (50 Rockefeller Plaza, 85 Fifth Avenue and 375 West Broadway) will occupy approximately 15,000 sq. ft., combining the ground floor and lower level.

  • Kate Spade to open at Pacific Place

    Seattle -- Kate Spade New York announced it will open its first full-line, Washington State shop at Pacific Place in August.

    The shop will open in 1,632 sq. ft. on level 1 next to BCBG.

    Pacific Place features 50 shops, restaurants and an 11-screen movie theater at Sixth Avenue and Pine Street in downtown Seattle.

  • Five Below opens at Cortlandt Town Center

    Mohegan Lake, N.Y. -- Dallas-based SRS Real Estate Partners said that it negotiated a 7,210-sq.-ft. lease for Five Below at Cortlandt Town Center in Mohegan Lake, NY.

    The new store opened in September 2010.
     

  • Tuesday Morning opens stores in Pennsylvania, Virginia

    New York City -- Centro Properties Group said Wednesday that Tuesday Morning stores have recently opened in Centro shopping centers in Pennsylvania and Virginia.

    The retailer opened a 10,440-sq.-ft. store at New Britain Village Square, located in Chalfont, Pa., and a 17,089-sq.-ft. store at Jefferson Green, located in Newport News, Va.

  • Jo-Ann Fabrics to open at Freshwater-Stateline Plaza

    Enfield, Conn. -- Centro Properties Group announced a 13,865-sq.-ft. lease has been executed with Jo-Ann Fabrics and Crafts at Freshwater-Stateline Plaza, located in Enfield, Conn.

    New York City-based Centro Properties Group is the owner of Freshwater-Stateline Plaza.
     

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