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REAL ESTATE

  • Big Lots to anchor Bayshore Plaza

    Barnegat, N.J. -- North Plainfield, N.J.-based Levin Management Corp. said that Big Lots is slated to open a new anchor store at Bayshore Plaza in Barnegat, N.J., in August.

    The 31,612-sq.-ft. store will fill a space formerly occupied by A&P.

    Additional tenants include McDonald’s, AT&T Wireless, Barnegat Pharmacy, and a mix of local restaurants and services.

    Levin serves as leasing and managing agent for Bayshore Plaza.
     

  • Mariana Antinori’s to open on Upper East Side

    New York -- Prudential Douglas Elliman's Retail Group said that Italian accessories retailer Mariana Antinori will open a luxury store – the brand’s first in New York -- at 1242 Madison Avenue, between 89th and 90th Streets.

    Nearby are Jacadi, Rachel Riley, Baby Cottons and Brooks Brothers, as well as Armani Jr., Robert Marc, Christopher Fischer Cashmere, Malia Mills and Pink Chicken 'Tween.
     

  • Henri Bendel opens at Cherry Hill Mall

    Cherry Hill, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that Henri Bendel has opened a 2,300-sq.-ft. store at Cherry Hill Mall, in Cherry Hill, N.J.

    Cherry Hill Mall is anchored by Nordstrom, Macy’s and J.C. Penney. Grand Lux Café recently opened its upscale restaurant concept at the mall, and Essensuals London, Pottery Barn and The North Face are all slated to open this year.
     

  • Report: Aurora Capital Associates interested in Daffys real estate

    New York -- Aurora Capital Associates, a real estate investment firm, is reported to be acquiring New York-based discount retailer Daffys with plans to sublease its stores, according to Crain’s New York.

    Daffy’s, which operates 19 stores, in July announced plans to liquidate by October.

    The company has several prime real estate sites, eight of which are located in prime shopping area of Manhattan.

    Real Estate Weekly first reported the news concerning Daffy’s possible acquisition.

  • Best Buy plans lifestyle center location

    El Paso, Texas -- Best Buy Co. has signed a lease to open a 37,740-sq.-ft. store at The Fountains at Farah, a new power-lifestyle shopping center located in El Paso, Texas.

    The shopping center, a Centergy Retail project, is under construction and planned to open in 600,000 sq. ft. in fall 2013.
     

  • Natural Grocers makes Arizona debut with Flagstaff opening

    Denver -- National Grocers by Vitamin Cottage said Tuesday that its first Arizona store – in Flagstaff – has opened, and will be joined by two additional stores located in Sedona and Prescott.

    The privately owned regional grocery chain, which operates 56 stores in 12 states, incorporated environmentally friendly elements into the Flagstaff store. Energy-efficient features include motion light sensors, 100% post-consumer content tiles, polished concrete flooring and commercial-grade LED lights.  And the chain is 100% shopping bag free.

  • Celebrate Schools!

    General Growth Properties malls across the country have partnered with online charity DonorsChoose.org for its Celebrate Schools! philanthropic initiative. 

    The partnership is designed to shine the spotlight on the importance of a quality education and assist local schools and teachers with much-needed supplies and funding.

  • GGP malls team with DonorsChoose.org to donate to schools nationwide

    Chicago -- General Growth Properties said Friday it has established a partnership with online charity organization DonorsChoose.org as part of GGP’s Celebrate Schools! philanthropic initiative.

    The partnership is designed to assist local schools and teachers with supplies and funding.

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