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REAL ESTATE

  • Kite Realty announces several leases

    Indianapolis -- Kite Realty Group said that Dibella’s Subs will join Traders Point II shopping center, in Indianapolis, with a 3,200-sq.-ft. Indiana debut. The 447,507-sq.-ft. center is anchored by Bed Bath & Beyond, Books-A-Million, Dick’s Sporting Goods, Marsh Supermarket, Michael’s, Old Navy, Petsmart and AMC Theatre.  

    At Cool Creek Commons in Carmel, Ind., Kite leased 5,554 sq. ft. to Boom Bozz Pizza & Tap House, which will open its first location in Indiana.

  • Peruvian Atelier to open at West 7th development

    Fort Worth, Texas -- Dallas-based Cypress Equities said that its West 7th mixed-use development in Fort Worth, Texas, has signed specialty women’s fashion retailer Peruvian Atelier for a 2,357-sq.-ft. shop slated to open in late 2011.

    The new store will be located between Flirt Boutique and the soon-to-open Keena’s.

  • Centro Properties undergoes name change

    New York City -- Centro Properties Group US announced it has officially changed its name to Brixmor Property Group, Inc., effective immediately. 

    The name change follows the acquisition of the company in June by an affiliate of Blackstone Real Estate Partners VI L.P. 

    Brixmor is the second largest owner of community and neighborhood shopping centers in the United States with 585 properties aggregating approximately 92 million sq. ft.

  • Ross Dress for Less expanding in Chicago area

    Dublin, Calif. - Ross Dress for Less will open four new locations in the greater Chicago area on March 8, 2014. These openings bring the total number of Chicago area stores to 35 for the retailer.  

  • Dick’s Sporting Goods celebrates three grand openings

    Pittsburgh -- Dick’s Sporting Goods announced the opening of three stores. 

    The company will will open the doors to its stores in Suffolk, Va., Burlington, N.C., and  El Cajon, Calif., on Wednesday, Oct. 5

  • Nordstrom Rack to open in Temecula, Calif.

    Seattle -- Nordstrom announced plans to open a new Nordstrom Rack in Temecula, Calif.

    The 35,700-sq-ft, store is scheduled to open during spring 2012 at Commons at Temecula, a regional shopping center. It will occupy the former Linens 'n Things space.
     

  • Mixed-use makes for good retail

    As part of our in-depth coverage of mixed-use developments – see the October 2011 issue of Chain Store Age – we talked with Rob Wetherald, VP development for Peoria, Ill.-based Cullinan Properties, Ltd., owner and developer of the Streets of St. Charles mixed-use project in metro St. Louis, about how the format draws, and supports, retail.

    How important are design and amenities to today’s mixed-use projects, especially with regard to the retail component?

  • Zumiez opens new store at Cherry Hill Mall

    Cherry Hill, N.J. -- As part of the $200-million redevelopment of Cherry Hill Mall, in Cherry Hill, N.J., Zumiez has added a 2,444-sq.-ft. store near the Grand Court of the mall.

    The Pennsylvania Real Estate Investment Trust (PREIT) property also added shoe retailer Traffic with a 1,500-sq.-ft. store in the J.C. Penney wing, and natural food retailer Pure Health Bar is slated to open in November.

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