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REAL ESTATE

  • The Sporting Club opens at Voorhees Town Center

    Voorhees, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust announced that The Sporting Club fitness center has opened a 13,000-sq.-ft. satellite location at Voorhees Town Center, located in Voorhees, N.J.

    Located on the Boulevard, Sporting Club joins Firecreek Restaurant + Bar, Doghouse Gourmet Burgers, Coffee Works Café, Rizzieri Studio Salon, Rizzieri Aveda School for Beauty & Wellness, Rizzieri School for the Healing Arts, and It’s A Doggie Dog World, which just opened in early March.

  • Saks’ Off 5th reopening in new center

    New York -- Saks Fifth Avenue Off 5th announced that it plans to reopen its Nashville, Tenn., store on March 29.

    Located next to the Grand Ole Opry House, the approximate 27,500-sq.-ft. store will be located in the Opry Mills Shopping Center. Operated by Simon Malls, upon completion, the center will be the largest shopping outlet in Tennessee, with over 200 stores, multiple restaurants and an in-house movie theater.

    The reopening marks Saks Fifth Avenue Off 5th’s return to Opry Mills after it was closed by floods in May 2010.

  • Mid-City Market breaks ground in New Orleans

    New Orleans -- Covington, La.-based Stirling Properties announced that urban shopping center development Mid-City Market has broken ground in New Orleans, along the North Carrollton Avenue commercial corridor.
     
    Opening in early 2013, Mid-City Market will complement the proposed Lafitte Greenway pedestrian and bicycle pathway that will border the shopping center.  

  • PREIT selects Joseph Coradino as next CEO

    Philadelphia -- The trustees of Pennsylvania Real Estate Investment Trust (“PREIT”) announced that Joseph F. Coradino will become CEO of the company as of the company’s annual meeting on June 7, succeeding Ronald Rubin, who will serve as executive chairman.

    Coradino has been with PREIT and a predecessor company for three decades, serving since 2004 as president of PREIT Services, LLC and PREIT-Rubin, Inc., and as a member of the office of the chairman. He has been a trustee of PREIT since 2006.

  • Hull Storey Gibson acquires Piedmont Mall

    Danville, Va. -- Augusta, Ga.-based Hull Storey Gibson Cos. announced Wednesday that it has acquired Piedmont Mall in Danville, Va., the 18th enclosed mall in the company’s portfolio. 

    The 731,500-sq.-ft. Piedmont Mall is slated for full renovation, including an upgrade of the interior and exterior lighting, entrances, signage, painting and flooring.

  • 7-Eleven plans major expansion in Jacksonville, Fla.

    New York -- 7-Eleven Inc. plans to open 15 to 20 stores this year in the Jacksonville, Fla., market and 80 locations by 2015, according to the Florida Times-Union.

  • First enclosed mall to open in six years officially debuts in Utah

    Bloomfield Hills, Mich. -- Taubman Centers on Thursday announced the opening of City Creek Center in Salt Lake City, Utah. Thousands of visitors attended the grand opening of the only regional shopping center to open in the United States this year. 

    According to the International Council of Shopping Centers, City Creek Center is the first enclosed regional shopping center to open in the United States in six years.

  • Regency Centers to install electric vehicle charging stations in six states

    Jacksonville, Fla. -- Shopping center owner Regency Centers said Thursday that it will install electric vehicle charging stations at 19 of its grocery-anchored and community shopping centers in Arizona, California, Oregon, Tennessee, Texas, and Washington, D.C.

    Regency is partnering with Ecotality to install Blink Level 2 EV charging stations at the 19 centers; the rollout is part of The EV Project, the largest national deployment of commercial and residential charging stations in major U.S. cities and metropolitan areas.

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