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REAL ESTATE

  • Freedom Crossing, first open-air center on military base, announces new tenants

    El Paso, Texas -- Freedom Crossing at Fort Bliss, the first-ever, open-air shopping center to be part of a United States military installation, announced that A'Gaci, O'shoes, and Texas Roadhouse will soon open at the retail destination. Comprised of more than 461,000 sq. ft. of gross leasable area, Freedom Crossing is one of the only shopping centers to be built in the United States in recent years, and the first opportunity for businesses to privately operate within an open-air center on a U.S. military installation

  • Target confirms location of 12 Quebec debut stores

    Minneapolis -- Target Corp. announced Thursday the location of its first 12 stores in Quebec. As previously announced, Target purchased the leasehold interests of 189 sites currently operated by Zellers Inc., and plans to open 125 to 135 stores in Canada, the majority of which will open in 2013.

    Target said it intends to announce additional Quebec store locations in the coming months.

    Target plans to open stores in the following locations in fall 2013:

  • Trader Joe's to open three Houston-area stores in 2012

    Houston -- A report in the Houston Chronicle said that grocer Trader Joe’s is opening two additional Houston-area locations — one in the Memorial area and one in Montrose.

    In November Trader Joe’s announced its first planned Houston area store in The Woodlands Crossing Shopping Center.

    All three stores are slated to open this year. The Memorial-area store will be 14,000 sq. ft., the Montrose store will be 14,500 sq. ft. and the store at The Woodlands will be 13,500 sq. ft.

  • New outlet mall breaks ground in Phoenix

    Phoenix -- Indianapolis-based Simon Property Group said Wednesday that its Premium Outlets division has launched construction of Phoenix Premium Outlets, an upscale outlet shopping center serving the Greater Phoenix and Scottsdale areas.

    Phoenix Premium Outlets will be located in Chandler, Ariz. Phase I of the project will be comprised of 360,000 sq. ft. housing approximately 90 outlet stores featuring high-quality designer and name brands. A spring 2013 opening is planned.

  • Former Macy’s razed in preparation for redevelopment

    Chestnut Hill, Mass. -- A 120,000-sq.-ft. former Macy’s building was demolished on Wednesday, as developer WS Development prepares the site for a second redevelopment phase of its Chestnut Hill (Mass.) Shopping Center.

    The region’s oldest suburban mall will become home to a new generation of retailers, services and entertainment offerings, including a new 31,000-sq.-ft. Sports Club/LA health and fitness complex and a National Amusements’ theatre and restaurant facility.

  • Modell’s Sporting Goods opens new New Jersey store

    Paterson, N.J. -- New York City-based Modell’s Sporting Goods said Wednesday it will open a new 7,000-sq.-ft. store in Paterson, N.J., on Thursday.

    The announcement comes off the heels of three store openings earlier in March in Brooklyn, N.Y.; Fresh Meadow, N.Y.; and Wayne, N.J.

    The retailer operates 151 stores located in New York, New Jersey, Pennsylvania, Connecticut, Rhode Island, Massachusetts, New Hampshire, Delaware, Maryland, Virginia and Washington, D.C. 
     

  • Jones Lang LaSalle awarded property management of Village of Cross Keys

    Baltimore -- Jones Lang LaSalle announced Monday that its Retail Group has been selected by Ashkenazy Acquisition Corp. as the property manager of The Village of Cross Keys, a two-level, open-air retail center north of downtown Baltimore.

    The Village of Cross Keys is a mixed-use center with 179,000 sq. ft. of office space and an 81,000-sq.-ft. retail center featuring Chico’s, Williams-Sonoma and Talbots, among others. The retail offerings on site are complemented by a 146-room Radisson Hotel, 700 residential units and a large office park.

  • Eidco awarded Westgate Mall project

    Chicago -- Eidco Construction announced that the firm has won a 65,000-sq.-ft. renovation project at the Westgate Mall in Brainerd and Baxter, Minn.

    Currently in progress, the project was designed by Chipman Design Architecture, in collaboration with Ringdahl Architects, and involves a number of interior tenant improvements, along with exterior façade work and the construction of a building addition.

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