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REAL ESTATE

  • 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.
     

  • REI makes Ohio debut

    Seattle -- REI (Recreational Equipment Inc.) announced that it will open its first location in Ohio next fall at Rockwood Commons in Cincinnati. The one-story location will occupy 22,000 sq. ft. and will serve more than 5,000 active REI members as well as other outdoor enthusiasts in the community.

    The company also announced that it will open a store in Medford, Ore. The 23,500-sq.-ft., one-story location will open next fall in Alba Village and help outfit approximately 7,300 local active members and other adventurers.

  • Bear Creek Running Co. to open at Keller Town Center

    Keller, Texas -- Jacksonville, Fla.-based Regency Centers said that Bear Creek Running Co. will open a new store at Keller Town Center, located in Keller, Texas.

    The new 1,200-sq.-ft. store is slated to open Jan. 2012.

    Keller Town Center is a 114,937-sq.-ft. shopping center anchored by a 63,631-sq.-ft. Tom Thumb alongside national retailers such as Starbucks, Pizza Hut and RadioShack.

  • Ulta to debut in Dubuque, Iowa

    Dubuque, Iowa -- Youngstown, Ohio-based Cafaro Co. announced that Dubuque, Iowa, will get its first Ulta store, as the cosmetics retailer is about to break ground on a 10,000-sq.-ft. store at Kennedy Mall.

    The new store is slated to open in the second half of 2012.
    Kennedy Mall is a 700,000-sq.-ft. mall featuring Younkers, Dick’s Sporting Goods, Sears, J.C. Penney and Best Buy. It is owned and managed in association with Cafaro affiliated companies.
     

  • Passion Fin to open at Shops at Sumner Place

    Bethesda, Md. -- Streetsense announced it is bringing a new Japanese sushi restaurant, Passion Fin, to The Shops at Sumner Place, in Bethesda, Md. The 2,959-sq.-ft. restaurant is scheduled to open in early 2012.

    The Shops at Sumner Place is a Safeway-anchored retail center adjacent to the 28-acre Sumner Village condominium community. Other stores within the center include CVS Pharmacy, Starbucks, Bethesda Market, Praline French Bakery and Restaurant, Chico’s, a fitness center, and a variety of other stores and services.

  • Simon and Genting open first Premium Outlet Center in Southeast Asia

    Indianapolis -- Simon Property Group announced that, in 50/50 partnership with Genting Berhad, it has opened Johor Premium Outlets, its first Premium Outlet Center in Southeast Asia.

    The center encompasses 173,000 sq. ft. of GLA featuring 80 stores and is strategically located in Johor Bahur, Malaysia. A grand opening celebration will take place on December 11.

  • Five new retailers to open at Westchester’s Ridge Hill

    Yonkers, N.Y. -- Forest City Ratner Cos., the developer of Westchester’s Ridge Hill, in Yonkers, N.Y., announced that four new retailers have completed leases and will be opening their stores during the spring/summer 2012. They are LA Fitness; T.J. Maxx; Pandora and Francesca’s Collection.

    Additionally, Guitar Center, which had previously executed a lease, will be opening its new store at Ridge Hill during the December holiday season. These new stores will occupy 108,939 sq. ft. at Westchester’s Ridge Hill.

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