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REAL ESTATE

  • Jones Lang LaSalle to lease and manage Kirkwood Mall

    Bismarck, N.D. -- Chicago-based Jones Lang LaSalle announced that it has been named as the new property and leasing manager for Kirkwood Mall, an 845,000-sq.-ft. enclosed mall in Bismarck, N.D., by an affiliate of Radiant Partners that recently purchased the mall from Metropolitan Life Insurance Co.

    Kirkwood Mall was built in 1970 and contains 80 shops, anchored by Herberger’s, I. Keating Furniture World, J.C. Penney, Scheels and Target.
     

  • The Wilder Cos. awarded contract for Wayside Commons

    Boston -- The Wilder Cos. said it has been awarded the leasing and management contract for Wayside Commons, an open-air shopping center in Burlington, Mass.

    The contract was awarded by UBS Realty Investors of Hartford, Conn.

    Wayside Commons is a 195,100-sq.-ft. outdoor center home to one of only three full-line, 30,000-sq.-ft. signature L.L. Bean stores in Massachusetts as well as a mix of retailers including Arhaus Furniture, Coldwater Creek, Eileen Fisher Company Store, Stellabella Toys and Capital Grille.

  • Aaron’s partners with Buxton for expansion strategy

    Fort Worth, Texas -- Aaron’s has formed a partnership with Buxton, a customer analytics firm, to assist with the retailer’s market expansion and analytics strategy.

  • Cabela’s expands in Canada

    Sidney, Neb. -- Cabela’s will open a store Saskatoon, Saskatchewan, Canada, in spring 2012. The 50,000-sq.-ft. store will be Cabela’s third store in Canada, joining locations in Winnipeg, Manitoba, a former S.I.R. Warehouse Sports Store acquired and converted in 2008, and Edmonton, Alberta, to open late this summer.

  • Citadel Outlets expands, adds stores

    Los Angeles -- Citadel Outlets, Los Angeles's only outlet shopping mall, announced that Tilly's, The Children's Place and U.S. Polo Assn opened in March.

    The Children's Place (4,994 sq. ft.) opened on March 29 next to Nautica. Tilly's (5,162 sq. ft.) opened March 21, and the new U.S. Polo Assn. store (3,258 sq. ft.) opened March 9 next to Justice. 

    In other center news, Rockport opened up its doors in February, Sprockets Kids relocated within the center, and Hurley, Van's and Bass remodeled and expanded their existing stores.

  • Opus Development names retail development exec

    Minneapolis -- Opus Development Corp. announced that John Gelderman has been hired as senior VP national retail development.

    In his new position, Gelderman will lead the current Opus retail team, oversee all existing retail development and will be responsible for seeking all new retail development opportunities across the country.

  • Payless opens at Sky View Center

    Flushing, N.Y. -- Onex Real Estate Partners said that Payless ShoeSource has opened a new store at Sky View Center, the 800,000-sq.-ft shopping center located below Sky View Parc, Queens’ new mixed-used residential development.

    The new 4,200-sq.-ft. Payless location, on level D of the Center, officially opens on April 9.

  • Modell’s to open smaller concept store at Interstate Shopping Center

    Ramsey, N.J. -- Welco Realty, an X Team partner, announced that it has signed a lease with Modell’s Sporting Goods for its new smaller-concept store, the retailer’s first in New Jersey.

    The store is approximately 8,551 sq. ft., about half its standard size. Modell’s first small-format store opened on Amsterdam Avenue in Manhattan.
     

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