REAL ESTATE

Bloomfield Hills, Mich. -- Taubman Centers said Thursday that it will begin construction this summer on its 640,000-sq.-ft. Mall of San Juan, in San Juan, Puerto Rico.

Formerly known as Plaza Internacional, The Mall of San Juan will be a state-of-the-art, two-level, enclosed mall anchored by a 138,000-sq.-ft. Nordstrom and a 100,000-sq.-ft. Saks Fifth Avenue. It will be the first upscale mall on the island and the first and only location in Puerto Rico for both Nordstrom and Saks. 

Dallas -- Cypress Equities said it has hired Steven Hrbek as property manager for The Streets of Woodfield, located in Schaumburg, Ill.

Hrbek will be responsible for onsite management and operation of the open-air, core retail center featuring more than 700,000 sq. ft. of retail space. He was previously senior real estate manager for CB Richard Ellis in Downers Grove, Ill.
 

Chattanooga, Tenn. -- CBL & Associates Properties and Horizon Group Properties said Tuesday that construction will begin immediately on the second phase of The Outlet Shoppes at Oklahoma City.

The 28,000-sq.-ft. expansion is scheduled to open in November and will bring Columbia Sports, Ann Taylor Loft, Waterford, Kenneth Cole, Lucky Brand and more to the center.

Williamsburg, Va. -- Divaris Real Estate announced it has been appointed the exclusive leasing and management firm for The Marquis, located in Williamsburg, Va.

The Marquis is a 750,000-sq.-ft., regional power center. At its completion, The Marquis will be the largest retail development in Williamsburg, featuring specialty retailers and restaurants and several big-box retailers including Target, Kohl’s, Dick’s Sporting Goods, Best Buy and J.C. Penney.

Geneseo, N.Y. -- Purchase, N.Y.-based National Realty & Development Corp. said that CountryMax, a family-owned and operated retailer of pet, farm and lawn & garden supplies, has opened at Geneseo Towne Plaza, in Geneseo, N.Y.

CountryMax opened at the center April 4th and occupies 17,600 sq. ft. In addition to CountryMax, the center is anchored by The Goodwill Store and Grossman’s Bargain Outlet.
 

New York -- Dylan's Candy Bar will open its first West Coast location in Los Angeles, this summer. The 2,500-sq.-ft. store will be located in a historic landmark: the Original Farmers Market on the corner of Third and Fairfax.

“We opened our first store 10 years ago in NYC fulfilling a childhood dream of mine to create the largest, most magical candy store,” said Dylan Lauren, founder and CEO of Dylan's Candy Bar. “Now I'm thrilled to bring my love of color, design and the joy of candy from coast to coast!”

New York -- Nash Finch has agreed to acquire the 18-store No Frills Supermarkets, which is based in Omaha, Neb.

The terms of the transaction, which is expected to be completed by the end of third quarter, were not immediately available.

In April, Nash Finch completed the acquisition of the 12-store Bag ’N Save supermarket chain.
 

Rockville, Md. -- Divaris Real Estate, Virginia Beach, Va., said that Joseph Farina has been named manager of the firm’s Washington, D.C., regional office located in Rockville, Md.

Farina will focus on commercial sales and leasing services to support the expansion of DRE’s portfolio of leased and managed properties in the greater D.C., metropolitan area.