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REAL ESTATE

  • Consolo & Aquino to remake The Shops at St. Pete

    St. Petersburg, Fla. -- The Prudential Douglas Elliman retail team of Faith Hope Consolo and Joseph Aquino said Wednesday they will serve as consultants to the redevelopment of Baywalk Midcore Shopping Center into The Shops at St. Pete, a mixed-use property in St. Petersburg, Fla.

  • Kohl's opens at Killingly Plaza

    Killingly, Conn. -- Brixmor Property Group announced that Kohl’s has opened a new store at Killingly Plaza, located in Killingly, Conn.

    Kohl’s will take 55,068 renovated sq. ft. of the 66,000-sq.-ft. center, which was previously home to Stop & Shop and a Blockbuster video store.

    Brixmor, based in New York City, is the owner of Killingly Plaza.

     

  • Ann Taylor makes Canadian debut

    Toronto -- Ann Taylor announced it opened its first international store on Oct. 4, in the Toronto Eaton Centre, Toronto.

    A second international store set to open this November in Toronto at the Yorkdale Shopping Centre.

     

  • Rite Aid debuts next-generation store

    Camp Hill, Pa. -- Rite Aid unveiled what it called its "next generation” Wellness store, in Lemoyne, Pa.

  • RED Legacy and DRA Advisors acquire The Streets of Brentwood

    Brentwood, Calif. -- RED Legacy and a fund managed by DRA Advisors have acquired The Streets of Brentwood, a 350,000-sq.-ft. lifestyle center on 60 acres in the Greater San Francisco Bay Area.

    Tenants include a 14-screen Rave Imax Brentwood 14+ImaxTheater, DSW, REI, Loft, Banana Republic, Victoria’s Secret, BJ’s Restaurant & Brewhouse, Ulta and more. In addition, Charming Charlie will open a 7,500-sq.-ft. store in November.

  • Ashley Furniture, Pet Supplies Plus to open at Fairlawn Town Centre

    Fairlawn, Ohio -- Charter Realty & Development announced it has arranged -- in conjunction with Julius Feinblum Real Estate -- for a 27,587-sq.-ft. lease for Ashley Furniture and an 11,284-sq.-ft. lease for Pet Supplies Plus in the Fairlawn Town Centre in Fairlawn, Ohio.

    The shopping center is anchored by Target, Home Goods, Giant Eagle, Marc’s and USPS.

     

  • Paladino acquires S.D. Keppler & Associates

    Seattle -- Paladino and Co., a sustainability and green building consulting firm, has acquired green building consulting firm S.D. Keppler & Associates, Rockville, Md. The two firms have joined to establish a comprehensive consulting offering focused on elevating the prominence and impact of green real estate programs within business.

  • Inland Diversified Real Estate Trust acquires $71.4 million in grocery properties

    Oak Brook, Ill. -- Inland Diversified Real Estate Trust announced the acquisition of six triple-net leased grocery properties in two separate portfolio acquisitions, with a total combined purchase price of approximately $71.4 million.

    The acquisitions include three grocery stores in Missouri that are fully leased to Schnuck Markets, purchased for approximately $22.6 million in a sale-leaseback transaction. Additionally, three Pathmark grocery stores located in Delaware, Pennsylvania and New York were acquired for approximately $48.8 million.

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