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REAL ESTATE

  • Le Gourmet Chef opens at Springfield Mall

    Springfield, Pa. -- Philadelphia-based Pennsylvania Real Estate Investment Trust (PREIT) said that Le Gourmet Chef has opened at its Springfield Mall property, located in Springfield, Pa.

    The 3,650-sq.-ft. store is located on the lower level next to Macy’s.

    Springfield Mall, featuring Target, Macy’s and Carrabba’s Italian Grill, is jointly owned by PREIT and Kravco Simon Investments, an affiliate of Simon Property Group.

  • Donahue Schriber announces executive retirement

    Costa Mesa, Calif. -- Donahue Schriber said Friday that executive VP Michele Babcock will resign the company, effective March 31.

    During her 15-year tenure, Babcock led the leasing and remerchandising of 33 centers encompassing four million sq. ft. to record performance levels, according to the company.

    Babcock said she is retiring from Donahue Schriber in order to travel, spend more time with her family and focus on charitable pursuits.

  • Four new tenants join Rialto mixed-use property

    Orlando, Fla. -- The Wilder Cos. and CNL Commercial Real Estate said Friday that three new retailers and a new eatery will open at Rialto, located in Orlando, Fla.

    Wilder, the developer and owner of RIALTO, said iStudio Salon, The Spectacle Shop, You Nails and Jimmy John's Gourmet Sandwiches will open this spring through early summer.

    Rialto is a 350,000-sq.-ft. mixed-use project that is slated to include more than 75,000 sq. ft. of retail and restaurants, 50,000 sq. ft. of Class A office space and 200 luxury residential units.

  • Crate and Barrel and Marimekko plan shop-in-shop, e-commerce rollout

    New York City -- Crate and Barrel, along with Finnish textile and design company Marimekko, said Friday they are extending their longtime collaboration to roll out more than 20 shop-in-shops in Crate and Barrel stores across the United States and Canada over the next three years.

    The launch kicks off this spring with four new shop-in-shop locations: New York (Madison Avenue), Chicago, Los Angeles and San Francisco. In addition, a Marimekko e-commerce 'shop' will be added to the Crate and Barrel website later this season, according to both companies.

  • J.C. Penney launches in-store Modern Bride shops

    Plano, Texas -- J.C. Penney Company has launched a new exclusive concept, Modern Bride, in its stores and online.

    The concept, a collaboration with Conde Nast, is designed to cater to today's bridal customer. Located in the rear of the fine jewelry department to provide an intimate customer experience, the Modern Bride in-store shops are detailed with their signage, distinctive fixtures, in-case lighting, displays and packaging, along with specially trained associates.

  • Dylan’s Candy Bar opens in Palm Desert, Calif.

    New York City -- Dylan’s Candy Bar has opened an outpost in Marriott’s Shadow Ridge in Palm Desert, Calif.

    With its bright turquoise walls with a candy-coated ceiling, custom candy-themed light fixtures and signature “Whirly Pop” Tree with its branches of lickable lollipops and candy-inspired apparel and accessories, the shop is modeled after Dylan’s Manhattan flagship. Other Dylan’s stores are located in East Hampton and Roosevelt Field, N.Y.; Orlando, Fla.; and Houston.

  • Coyote names exec

    Addison, Texas -- Coyote Management said Thursday it has named Jim Adkins senior leasing specialist for the company.

    Adkins will operate out of the company’s Lakeshore Mall in Gainesville, Ga.
     

  • Fameco to lease retail component of St. Joe’s medical center

    Plymouth Meeting, Pa. -- Fameco Real Estate, LP said it has been appointed by St. Joseph’s Regional Medical Center, in Paterson, N.J., as exclusive leasing agent for the new retail component to be constructed at the St. Joseph’s Regional Medical Center and Children’s Hospital campus.

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