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REAL ESTATE

  • Hobby Town USA opens at Central Station

    College Station, Texas -- Hobby Town USA recently opened a new 2,480-sq.-ft. store at Central Station, located in College Station, Texas.

    Central Station is owned by New York City-based Centro Properties Group.

  • Giggle debuts in Arizona with Scottsdale Quarter location

    Scottsdale, Ariz. -- Columbus, Ohio-based Glimcher Realty Trust announced that infant furniture, accessory and clothing retailer giggle has joined the growing tenant roster at its Scottsdale Quarter project in Scottsdale, Ariz.

    The new store, which opened Dec. 2, is giggle’s 13th store and first in the state of Arizona.

    The giggle store will join other national tenants at Scottsdale Quarter, including Nike; Apple Store; A/X Armani Exchange; H&M, West Elm; and IPic Theaters.

  • Lord & Taylor to open first new store in a decade

    Cleveland -- Lord & Taylor and Forest City Enterprises on Friday announced that Lord & Taylor will open a new, 80,000-sq.-ft. store to anchor Westchester's Ridge Hill, Forest City's outdoor retail/mixed-use development, currently under construction in Yonkers, N.Y. This will be the first new, full-line Lord & Taylor to open since 2001.

    The new location will showcase the retailer's latest store design and will offer a mix of the best fashion, accessories, beauty and fragrance brands, as well as gifts and home accessories.

  • The District at Tustin Legacy wins waste reduction award

    Orange County, Calif. -- The District at Tustin Legacy, a 1 million-sq.-ft. lifestyle and entertainment center located in Orange County, Calif., has been awarded the 2010 CalRecycle Waste Reduction Award for being a regional leader in recycling and waste reduction. 

  • SRS Real Estate names lease admin exec

    Dallas -- SRS Real Estate Partners announced it has appointed Stan Heller as executive VP of its lease administration service line.

    In his new role, Heller will focus on helping the lease restructure and renewal team in lowering client occupancy costs, as well as pursuing new business for the company. The addition of Heller comes on the heels of a strategic move to grow the company’s lease administrative presence in the industry.

  • JLL brokers sale of Bradley Square Mall

    Cleveland, Tenn. -- Atlanta-based Jones Lang LaSalle said it has completed the sale of Bradley Square Mall in Cleveland, Tenn., to Baton Rouge, La.-based MD Ruston Properties, LLC on behalf of a special servicer.

    The 406,845-sq.-ft. regional mall is anchored by Belk, J.C. Penney, Sears and Kmart.

  • Hollywood Tans to open at Parkway Plaza

    Hamden, Conn. -- Hollywood Tans has signed a lease for a new 2,580-sq.-ft. store at Parkway Plaza, in Hamden, Conn.

    Parkway Plaza is owned by New York City-based Centro Properties Group.

  • Dollar Tree to open at Summerfield Crossing Plaza

    Apollo Beach, Fla. -- Tampa, Fla.-based RMC Property Management Group announced that Dollar Tree will open a new 9,500-sq.-ft. store at Summerfield Crossing Plaza, located in Apollo Beach, Fla.

    The Dollar Tree Store will be constructed adjacent to a new 80,000-sq.-ft. Bealls department store.

    Dollar Tree is slated to open April 2011.

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