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REAL ESTATE

  • Essensuals London opens at Cherry Hill Mall

    Cherry Hill, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that upscale salon Essensuals London has officially opened at its Cherry Hill Mall property in Cherry Hill, N.J.

    The 1,530-sq.-ft. salon – the company’s first on the East Coast – joins the recently opened North Face and Henri Bendel. Pottery Barn is set to open this fall.

  • Trio of new tenants to open at Lake Shore Plaza

    Lake Ronkonkoma, N.Y. -- Charter Realty & Development Corp. said that it has added three new tenants, totaling 11, 501 sq. ft., to the Lake Shore Plaza II Shopping Center, located in Lake Ronkonkoma, N.Y.

    AutoZone has leased 7,184 sq. ft., Verizon leased 1,817 sq. ft., and Century 21 leased 2,500 sq. ft.

     

  • Macy’s to open 450 in-store Finish Line shops

    Cincinnati -- Macy's Inc. announced on Friday that Finish Line Inc. would be the department store retailer’s exclusive athletic footwear partner, opening in-store shops in more than 450 Macy’s stores nationwide. The merchandise will also be available online at macys.com.

    Under the agreement, Finish Line will be Macy’s exclusive partner for men’s, women’s and kids athletic footwear and Macy’s will be the exclusive host for Finish Line-branded in-store shops.

  • Report: Starbucks to expand across Scandinavia; to open in India by end of October

    New York -- Starbucks Coffee Co. will open stores across the Scandinavian region in a partnership with Umoe Restaurant Group AS, a leading chain of service establishments in Scandinavia.

    The first locations are expected to open in 2013 in Sweden and Norway.

    Michelle Gass, president, Starbucks Europe, Middle East and Africa commented: “We are proud to increase our presence in Scandinavia as part of our growth strategy in Europe, Middle East and Africa, and further develop stores where our customers want and expect us to be

  • Inland American Real Estate names president

    Oak Brook, Ill. -- Inland American Real Estate Trust has announced the appointment of Thomas P. McGuinness as president. McGuinness joined Inland in 1982 and has held several executive positions throughout the Inland organization.  

    In his new role, he will oversee the management of the company’s day-to-day operations, including the strategic business plan, investment decisions, asset management and financing functions for the national portfolio of 48 million sq. ft.

  • Regency Centers upgrades Carriage Gate

    Tallahassee, Fla. -- Jacksonville, Fla.-based Regency Centers has announced the completion of two new anchor leases and the renovation of Carriage Gate, a 78,583-sq.-ft. neighborhood center, located in Tallahassee, Fla.

  • BFC Partners to build outlet retail/hotel complex on Staten Island

    New York -- BFC Partners, a New York real estate development company, announced plans to develop a new retail complex and hotel, with the working name of Harbor Commons, on a site adjacent to the Richmond County Bank Ballpark in St. George, Staten Island, N.Y.
     
    Harbor Commons will be an approximately 350,000-sq.-ft. retail complex along with a 120,000-sq.-ft. hotel, totaling 470,000 sq. ft. The retail complex will be comprised of approximately 100 designer outlets along with a variety of restaurants and cafes.
     

  • Build-A-Bear Workshop unveils new, interactive store design

    St. Louis -- Build-A-Bear Workshop has unveiled its new store design, at West County Center in St. Louis. The store is one of six locations that the company will open this year in select U.S. markets. The interactive design merges the retailer’s signature hands-on bear-making experience with innovative technology. It allows customers to personalize the bear-making process and offers them a different experience each time they visit a Build-A-Bear Workshop store.

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