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REAL ESTATE

  • Sleepy’s to open at Hamilton Plaza

    Hamilton Twp., N.J. -- North Plainfield, N.J.-based Levin Management Corp. said that mattress retailer Sleepy’s has joined the tenant roster at Hamilton Plaza in Hamilton Twp., marking continued progress at the 175,425-sq.-ft. shopping center.

    Levin Management, which serves as the property’s leasing and managing agent, credits a multi-million-dollar renovation, completed less than one year ago, for enhancing its appeal and occupancy.

  • Opus announces sale of Shoppes at Fox River Phase II

    Milwaukee -- Opus Development Corp. has announced the sale of phase II of The Shoppes at Fox River retail center as well as an adjoining 12.2 acres of land in Waukesha, Wis., to Ramco Gershenson Properties Trust for an undisclosed sum.

    The sale closing occurred on Dec. 13, 2012.

    The Shoppes at Fox River phase II broke ground in May 2012 and totals more than 47,000 sq. ft. of retail space spanning six acres. Tenants include T.J. Maxx, Ulta, Rue21 and Charming Charlie.

  • Weight Watchers, Bay 6 join Alameda South Shore Center

    Alameda, Calif. -- Jamestown, owner of Alameda South Shore Center, located in Alameda, Calif., announced that Weight Watchers and apparel retailer Bay 6 have signed leases at the open-air, regional shopping center.
     
    Weight Watchers leased 1,225 sq. ft. and opened in early November between Massage Envy and European Wax Center. Bay 6 recently opened in 4,655 sq. ft.

     

  • Easton Town Center secures American Girl store

    Columbus, Ohio -- Steiner + Associates announced Monday that American Girl will open an 11,500-sq.-ft. store at its Easton Town Center property, located in Columbus, Ohio.

    The American Girl store – a division of Mattel – is slated to open in 2013.

    “Easton has grown to more than a half a billion dollars in annual sales in just a decade and it’s been our ability to upgrade, evolve and expand our great tenant mix that has driven that success,” said Yaromir Steiner, CEO, Steiner + Associates.

  • 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.
     

  • Gap to open stores in Brazil as part of international expansion program

    San Francisco -- Gap Inc. said Tuesday it will open its first stores in Brazil next year as part of its plan to grow its presence and sales internationally.

    It will open the first Brazilian stores in Sao Paulo in fall 2013, followed by Rio de Janeiro.

     

  • Englewood Construction launches work on Shops at North Bridge

    Chicago -- Englewood Construction said Tuesday that its restaurant group has secured a project for Macerich and Darden Restaurants Inc. that will deliver a new Seasons 52 to The Shops at North Bridge, located on Chicago’s Michigan Ave and owned by Macerich.

    Englewood will perform landlord infrastructure work for Macerich at a 9,249-sq.-ft. space and then commence a build-out for Seasons 52 at the same location.

    Seasons 52 is owned and operated by Orlando, Fla.-based Darden Restaurants Inc.

  • 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.

     

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