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REAL ESTATE

  • Carlo Pazolini and Ermenegildo Zegna join Mall at Short Hills

    Short Hills, N.J. -- The Mall at Short Hills, located in Short Hills, N.J., announced that Carlo Pazolini and Ermenegildo Zegna have joined the mall’s tenant roster. 

    Luxury menswear retailer Ermenegildo Zegna opened on the upper level near Neiman Marcus. 

    Carlo Pazolini has located on the lower level near Macy’s, and will present Carlo Pazolini, Carlo Pazolini Couture and Adami collections.

  • Sleep Outfitters to open at Red Bank Commons

    Indianapolis -- Kite Realty Group said that Sleep Outfitters has leased 4,000 sq. ft. at Red Bank Commons, located in Evansville, Ind.

    Sleep Outfitters joins Fashion Bug and Hibbett Sports in the 34,258-sq.-ft. shopping center.

  • DDR names capital markets exec

    Beachwood, Ohio -- DDR Corp. announced the appointment of Luke Petherbridge as senior VP capital markets. In this role, Petherbridge will be primarily responsible for capital raising, actively managing the balance sheet and maintaining strong lender relationships.

  • Daiso opens eleventh Bay Area store

    Alameda, Calif. -- Japanese discounter Daiso has opened its eleventh Bay Area location – a pop-up store – at Alameda South Shore Center, a shopping center owned by Jamestown.

    The new 1,400-sq.-ft. shop will open for an initial period of three months.

  • Three New Leases signed at Granada Village

    Granada Hills, Calif. -- Jacksonville, Fla.-based Regency Centers said that it has leased 7,083 sq. ft. of retail space in Granada Hills, Calif., among three new tenants at Granada Village.

    Carter’s leased 3,866 sq. ft., and hair salon Fantastic Sams leased 1,217 sq. ft.  Both are slated to open for business in March 2012. Opening in second quarter 2012, Freebirds World Burrito has leased 2,000 sq. ft. of restaurant space.

  • Inland Western Retail Real Estate Trust acquires Texas center

    Oak Brook, Ill. -- Inland Western Retail Real Estate Trust has announced the acquisition of Alamo Ranch in a joint venture with RioCan Real Estate Investment Trust. The 469,031-sq.-ft. shopping center is located in San Antonio, Texas, and was purchased for approximately $92.2 million.

  • T.J. Maxx to open at Ridge Hill

    Yonkers, N.Y. -- Aries Deitch & Endelson said that a lease was recently signed by TJX Cos. for a 32,000-sq.-ft. T.J. Maxx store slated to open this spring at Westchester County’s Ridge Hill, the New York metropolitan area’s largest mixed-use outdoor shopping center. 

    Located in Yonkers, the lifestyle center, which is owned by Forest City Ratner Cos., spans more than 81.4 acres and includes 1.3 million sq. ft.

  • CBRE announces promotion

    Los Angeles -- CBRE said Friday that Michael F. Smith has been promoted to president of the company’s Western Division. Smith, who has led CBRE’s San Francisco Bay area operations since 2002, succeeds Steven Swerdlow, who has been appointed COO of the Americas.

    In his new role, Smith will direct CBRE’s operations in more than 46 offices in nine states, with responsibility for all lines of business. He will continue in his role as Bay Area market leader until a successor is named.
     

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