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REAL ESTATE

  • Jones Lang LaSalle named receiver of East Town Mall

    Green Bay, Wis. -- Jones Lang LaSalle said Thursday that business at East Town Mall, in Green Bay, Wis., would continue as usual, as the Atlanta-based company takes over as receiver for the mall.

    The 198,000-sq.-ft. regional shopping center is located on the east side of Green Bay, Wis., in Brown County. Greg Maloney of Jones Lang LaSalle was appointed receiver and, under his leadership, JLL’s retail leasing and management team assumed immediate oversight of the mall and put its expertise to work to help stabilize the asset.

  • Republic of Couture to open at Delray Marketplace

    Delray Beach, Fla. -- Indianapolis-based Kite Realty Group said Thursday that Republic of Couture will open an 8,000-sq.-ft. store at Delray Marketplace, located in Delray Beach, Fla. The new store is slated to open in November.

    Delray Marketplace is a 270,000-sq.-ft. center anchored by Franks Theatres, Max’s Grille and Publix.

  • Brixmor expands leasing department

    New York -- Brixmor Property Group announced the addition of 11 leasing associates and the appointment of three Brixmor leasing representatives during the past six months with its focus on increasing the portfolio’s occupancy, further strengthening retailer relationships, and enhancing revenue from ancillary programs.

  • T.J. Maxx to open new location at Southbury Plaza

    Southbury, Conn. -- Real estate firm RHYS Commercial announced that T.J. Maxx has signed a long-term lease to open a 22,000-sq.-ft. store at Southbury Plaza, located in Southbury, Conn.

    Southbury Plaza, owned by Gatto Development Corp., is a 300,000-sq.-ft. shopping center anchored by Stop & Shop Supermarket, Kmart and Panera Bread.
     

  • Kolletti Bambini opens at Malibu Country Mart

    Malibu, Calif. -- Southern California lifestyle center Malibu Country Mart welcomed Kolletti Bambini, a boutique specializing in designer clothing and accessories for children and infants.

    The 630-sq.-ft. boutique opened on April 20.
     
    Malibu County Mart features 90,000 sq. ft. of high-end retail, dining and services housed in an eclectic mix of architectural styles including Mediterranean, modern and rustic influences. 
     

  • NRDC announces new tenants for Northampton Crossings

    Easton, Pa. -- Purchase, N.Y.-based National Realty & Development has announced the opening of Panera Bread at Northampton Crossings, located in Easton, Pa. Panera occupies a 3,860-sq.-ft. drive-thru space.

    PetSmart will open at the center in late spring, with a 12,500-sq.-ft. store. The two new stores join anchor tenants Walmart Supercenter, Kohl’s, Sam’s Club and Regal Cinemas.

    Other recent transactions at the center include Staples and Shoe Show lease renewals.
     

  • Medicine Bow Furnishings opens at Promenade Shops at Centerra

    Loveland, Colo. -- The Promenade Shops at Centerra, located in Loveland, Colo., announced that Medicine Bow Furnishings has opened a new store at the south end of the center, across from Barnes & Noble.

    The Promenade Shops at Centerra features over 72 shopping, dining and entertainment destinations.
     

  • Party City to open new Manhattan location

    New York – Dallas-based SRS Real Estate Partners said it has negotiated an 11,825-sq.-ft. lease on behalf of Party City for a new store in the Penn Plaza district of Manhattan.

    The store, at 223 West 34th St., is scheduled to open in second quarter 2012. This will be the party goods retailer’s second location in Manhattan.
     

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