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REAL ESTATE

  • Jo-Ann Fabrics opens at Austin Town Center

    Austin, Minn. -- Centro Properties Group said Tuesday that Jo-Ann Fabrics & Crafts has opened a 15,000-sq.-ft. store at Austin Town Center, in Austin, Minn. 

    Austin Town Center is owned by Centro Properties Group, based in New York City.

  • Water Mart to open at Orange Grove Village

    Tucson, Ariz. -- Commercial Retail Advisors said Tuesday that water purification retailer Water Mart has signed a lease for a new store in Orange Grove Village, in Tucson, Ariz.

    The retailer is relocating from its current site in the local Wal-Mart Neighborhood Market Center to the new 1,200-sq.-ft. space.

    The new store is slated to open in mid-December.

  • Aarron’s Furniture to open at Christina Crossing

    Wilmington, Del. -- Philadelphia-based Michael Salove Co., an X Team partner, said Tuesday it has completed a lease transaction with Aarron’s Furniture Rentals at Christina Crossing, located in Wilmington, Del.

    Aarron’s will occupy 6,705 sq. ft. and is slated to open March 2011. Existing tenants include Shop Rite, Wine & Spirits, Cricket Wireless, Hibachi Sushi and Supreme Buffet.

  • Fashion Metro opens at Northtown Plaza

    Houston -- Centro Properties Group said Tuesday that Fashion Metro has opened a 9,810-sq.-ft. store at Northtown Plaza, in Houston.

    Centro Properties Group, based in New York City, owns Northtown Plaza.

  • Developers Diversified announces six new locations for Five Below

    New York City -- Developers Diversified Corp. announced the introduction of six new locations for teen fave Five Below in 2010. The stores were opened in Ohio; New Jersey; North Carolina; and New York.

    Five Below currently operates over 100 discount stores across the country and intends to double its store count by the end of 2011 through a massive expansion spree.

  • Starbucks’ growth plans include major international push

    New York City -- Starbucks Corp. is looking beyond its cafes for expansion in the future. Detailing its growth plans Wednesday at its investor conference, the chain announced it plans to triple the number of its cafes in China, offer more products in grocery stores and open new kinds of stores to build on its recent recovery.

  • UGG Madison Ave. flagship completed

    New York City - West Hampstead, N.Y.-based construction firm Corcon and J.A. Stowell Construction, Inc. of California said Tuesday they have completed UGG Australia’s Madison Avenue flagship store in New York City.

    The 4,613-sq.-ft. store was completed on October 28. J.A. Stowell Construction was the construction manager and owner representative for UGG Australia, Corcon served as general contractor, and Anthony Donnelly of VisualWorks, U.K. designed the new location.

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