REAL ESTATE

Fredericksburg, Va. -- Youngstown, Ohio-based Cafaro Co. announced that White House | Black Market will open a new store at its The Village at Towne Centre property near Fredericksburg, Va.

The 4,000+-sq.-ft. store is slated to open spring 2012 across from Coldwater Creek.

Voorhees, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust (PREIT) announced that upscale pet boutique It’s a Doggie Dog World has opened at its Voorhees Town Center property, located in Voorhees, N.J.

It’s A Doggie Dog World is located on The Boulevard, offering a wide variety of high-end merchandise and professional services for dogs and cats.

New York City -- In a conference call to investors on Tuesday, Foot Locker announced an updated strategic plan and financial initiatives intended to elevate the retailer’s performance for the 2012 to 2016 period.

Oakbrook Terrace, Ill. -- Chicago-based Mid-America Real Estate Group announced the appointment of Cynthia J. Kratchman as a new principal at its Detroit-based division Mid-America Real Estate-Michigan Inc.

Kratchman joins the firm with more than 20 years of retail brokerage experience in Michigan, and will be primarily responsible for tenant representation, surplus disposition and high profile listings.

Previously, she was a broker with Landmark Commercial Real Estate Services.
 

Baltimore -- Atlanta-based Jones Lang LaSalle Retail announced that its president Greg Maloney has been appointed receiver of the Eastpoint Mall located in Baltimore County. Under Maloney’s leadership, Jones Lang LaSalle’s retail leasing and management team will assume immediate oversight of the mall and help stabilize the asset.

Tustin, Calif. -- Present Value Properties announced Tuesday that Annette Kolb has been named director of real estate for the firm.

Kolb will be responsible for the real estate needs of national chain retailers including Pizza Hut, Long John Silver and Jack in the Box franchisees located in Phoenix, Dallas and Missouri. She will handle lease extensions/renegotiations, new locations and relocations and be based in Phoenix.

Seattle — Recreational Equipment Inc. will make its Florida debut in the spring of 2013 with the opening a a store in Jacksonville, Fla. The company also announced that it will open its eighth store in Texas in the city of San Antonio in the fall of 2012.

The company's first Florida store in Jacksonville will occupy nearly 23,400 sq. ft. and will be located at The Markets at Town Center. The San Antonio location will occupy 27,500 sq. ft.

Lawrenceville, Ga. -- The Lego Group announced the grand re-opening of its Lego store on March 16 at Discover Mills, Atlanta’s largest outlet, value retail and entertainment destination.

The Lego store will now be located near The Disney Store and Gymboree Outlets and features innovative displays, in-store family events and shopper-friendly play areas.