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REAL ESTATE

  • Destination Maternity opens 10th store in the Middle East

    Philadelphia -- Destination Maternity Corp. said Wednesday that it has opened a 10th Destination Maternity store in the Middle East, this one located in Discovery Center, in Kuwait.

  • 15 Bloom locations to convert to Food Lion

    Salisbury, N.C. -- Delhaize America said Monday it plans to convert all of its Bloom stores in North and South Carolina to the Food Lion banner, with the exception of one Bloom store in Mauldin, S.C., that will close.

    According to a report by Supermarket News, the 15 Bloom locations in the Charlotte and Greenville, S.C., markets will be converted "as quickly as possible."

  • Report: Another 75 Borders stores closing

    Ann Arbor, Mich. -- Borders Group is expected to announce that another 75 stores will be closed.

    Mike Edwards, president, in a conference call said that the additional store closings would come from a group of 140 "bubble stores" that had already been identified for possible closings.

    The bookseller previously said it would close 200 stores when it announced it had filed for Chapter 11 bankruptcy on Feb. 16. At the time, the retailer said another 75 could be closed. The new round of stores has not yet been identified.

  • Ollie’s Bargain Outlet to open at River Plaza

    Union, N.Y. -- North Plainfield, N.J.-based Levin Management Corp. said that Ollie’s Bargain Outlet has leased 29,423 sq. ft. at the River Plaza shopping center in Union, N.Y.

    The Mid-Atlantic’s largest retailer of closeout, surplus and salvage merchandise, Ollie’s will open at the 177,871-sq.-ft., Home-Depot-anchored property in September of this year – filling a key anchor vacancy.

  • McAlister’s Deli to open at Cochran Commons

    Charlotte, N.C. -- Jacksonville, Fla.-based Regency Centers said McAlister’s Deli has leased restaurant space at Cochran Commons in Charlotte, N.C.

    McAlister’s Deli has leased 3,600 sq. ft. and is slated to open this summer.

    Cochran Commons is a 66,020-sq.-ft. Harris Teeter-anchored shopping center that also features Great Clips, Caribou Coffee and Walgreens.

  • Energy Kitchen to open at Suniland Shopping Center

    Miami Beach, Fla. -- Terranova Corp. announced that healthy fast-food chain Energy Kitchen will open a new 2,500-sq.-ft. restaurant at Suniland Shopping Center, located in Miami Beach, Fla.

    The new store will be Energy Kitchen’s first in south Florida. The New York City-based chain operates 10 stores in the New York City area, with, according to Energy Kitchen, approximately 55 stores in development in Florida, Washington D.C., Boston, White Plains, Long Island and Maryland.

  • Urban Retail named manager for Shawnee Mall and Brazos Mall

    Chicago -- Urban Retail Properties LLC said it has been awarded the contract by Five Mile Capital Partners LLC to provide management and leasing services for Shawnee Mall located in Shawnee, Okla., and Brazos Mall in Lake Jackson, Texas, effective immediately.

    Shawnee Mall is a one-level enclosed regional shopping center anchored by Dillard’s, Sears and J.C. Penney. The tenant line-up includes a newly remodeled Jones Theatres Movies Six, Old Navy, Ross Dress For Less, Buffalo Wild Wings and over 70 specialty stores.

  • Caruso Affiliated launches construction of mixed-use project

    Los Angeles -- Caruso Affiliated said it has begun construction on 8500 Burton Way, an upscale residential and ground-floor retail property featuring Trader Joe’s, located in a flourishing region of Los Angeles, adjacent to Beverly Hills.

    The eight-story building combines contemporary architectural elements with rich materials, and is moving forward at a time when most other commercial development has stalled.

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