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REAL ESTATE

  • CBL names legal exec

    Chattanooga, Tenn. -- CBL & Associates Properties said it has appointed Jeff Curry as chief legal officer for the company.

    Curry has been serving as interim chief legal officer for CBL since February 2012 and has served as an external legal advisor to CBL since 1986.

    In his new role, Curry will oversee all of the company’s legal services, including real estate, corporate, securities and tax.
     

  • Inland acquires Bayonne Crossing Shopping Center for $75.2 million

    Bayonne, N.J. -- Inland Real Estate Acquisitions announced it has acquired Bayonne Crossing, a 356,647-sq.-ft. shopping center in Bayonne, N.J., for approximately $75.2 million.

    Located just off the Hudson River and across from Manhattan, the acquisition includes a 91,109-sq.-ft. Wal-Mart Urban Store and a 146,583-sq.-ft. Lowe’s Home Improvement, both anchor tenants on ground leases purchased by Inland Real Estate Acquisitions.

  • Teavana, Ecco and Henri Hubert open at Westfield San Francisco Centre, Tiffany on deck

    San Francisco -- Westfield announced that Tiffany will open on level 1 of the center, next to Bloomingdale’s, in fall 2012.

    The luxury jewelry will join just-opened tea purveyor Teavana, Danish footwear retailer Ecco and men’s apparel store Henri Hubert San Francisco.

    Chocolate house Ghirardelli will open a new store -- Chirardelli Ice Cream & Chocolate Shop -- in April, and Marbles: The Brain Store will open in the summer.

    Francesca’s Collection is under construction.

  • J. Crew, The Art of SpYn to open at Penn Quarter

    Washington, D.C. -- Douglas Development said that J. Crew and yoga and spinning studio The Art of SpYn will open at its Penn Quarter property, in Washington, D.C.

    J. Crew is slated to open in August and The Art of SpYn is scheduled to open this spring.

  • Upscale outlet mall planned for St. Louis

    Chesterfield, Mo. -- Bloomington Hills, Mich.-based mall owner Taubman said Thursday that it has broken ground on a high-end outlet mall in Chesterfield, Mo., in suburban St. Louis.

    Taubman Prestige Outlets Chesterfield is slated to open in fall 2013 and will feature 450,000 sq. ft. of retail space with more than 100 stores, an open-air design, dog-friendly grounds, access to a levee-fitness trail and a food court.

  • Elijah Peters Optique to open Manhattan flagship

    New York City -- Prudential Douglas Elliman's Retail Group said it has orchestrated a long-term lease for Elijah Peters Optique at 1039 Third Avenue, between 61st and 62nd Streets.

    The luxury boutique represents the Elijah Peters Optique's first U.S. flagship.
     

  • Costco announces new locations

    Issaquah, Wash. -- Costco Wholesale Club said it plans to open up to an additional eight warehouses prior to the end of its fiscal year on September 2, 2012.

    Costco currently operates 601 warehouses, including 434 in the United States and Puerto Rico, 82 in Canada, 32 in Mexico, 22 in the United Kingdom, 13 in Japan, eight in Taiwan, seven in Korea and three in Australia.
     

  • Real Estate and tech, through a Millennial’s eyes

    First, who said technology coverage has little to do with retail real estate commentary?

    And second, who said the Millennials aren’t wise beyond their years?

    For the record, I never said either.

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