REAL ESTATE

New York City -- Saks plans to close its 20,000-sq.-ft. Saks Fifth Avenue Off 5th store in Triangle Factory Outlets in Morrisville, N.C., (metropolitan Raleigh) by Jan. 1.

The company opened a 30,000-sq.-ft. Off 5th location in Tanger Outlet Center of the Piedmont in nearby Mebane, N.C., in 2010, which will serve as a replacement store for the closing location. The new Mebane store was designed in the chain’s loft” format that debuted in 2008 and which redefined and elevated the outlet shopping experience.

New York City -- Men's Wearhouse said Thursday it has opened its first Big & Tall store in New York City, located at 730 3rd Ave.

Grand opening festivities are slated for Oct. 22, and will feature appearances by former NBA basketball players and 50% discounts off merchandise.
 

Westport, Conn. -- SRS Real Estate Partners said that Brooks Brothers has expanded and renewed its lease for a Brooks Brothers Women store at 125 Main Street, in Westport, Conn.

The long-term lease renewal and expansion expanded the Brooks Brothers Women store to 4,227 sq. ft. and included a portion of the lower level.
 

New York City -- Brixmor Property Group announced Tuesday a number of nationally recognized retailers have executed leases or have recently opened in time for the holiday shopping season. The addition of these new stores expands the presence of these tenants across the Brixmor portfolio.

Beachwood, Ohio -- DDR Corp. said Thursday that six new national tenants will occupy former Borders locations in Puerto Rico, New Jersey, Georgia, Ohio and Missouri.

PetSmart's newest Puerto Rico store will be located in the former Borders location at Plaza Escorial, a 636,000-sq.-ft. power center in Carolina, anchored by Walmart, Sam's Club, Home Depot, Old Navy and Caribbean Cinemas. In 2010, DDR introduced PetSmart to Puerto Rico and this store marks the fourth PetSmart location in a DDR center on the island.

Montreal -- A Thursday report in the Montreal Gazette said that Canadian Tire Corp. unveiled a new prototype on Wednesday in Bowmanville, Ontario, east of Toronto.

The new store is 40% larger than a typical in-store automotive department and features a service area with a drive-in reception, a new auto detailing bay and a sound booth for customers to test in-car audio entertainment systems, GPS and car safety electronics.

The test store is one of three opening in Ontario this year.

Virginia Beach, Va. -- Custom apparel company Bobby Macc, LLC, said Wednesday that it has opened a flagship showroom in the Fountain Plaza block of The Town Center of Virginia Beach, Va.  

Grand opening festivities are slated for Nov. 25.

Jericho, N.Y. -- Real estate firm Rochlin Organization said it has established a retail division, to be headed by former CB Richard Ellis senior associate Jim Sansivero.

Sansivero will serve as managing director of the division.