REAL ESTATE

Salt Lake City -- Bloomfield Hills, Mich.-based shopping center owner Taubman Centers announced Tuesday the first 20 retailers – all new to the market and most new to Utah – coming to City Creek Center, the 700,000-sq.-ft. retail component of mixed-used development City Creek in downtown Salt Lake City.

Northborough, Mass. -- BJ's Wholesale Club said Tuesday it has opened its newest Massachusetts Club location at Northborough Crossing 6102 Shops Way in Northborough, Mass.

The 120,000-sq-ft. store replaces a 23-year-old BJ's Wholesale Club nearby and adds services such as a gas station, full-service delicatessen, enhanced tire center and integrated liquor shop.
 

New York City -- A series of retailer moves on Madison Avenue has allowed for expansion and improved adjacencies in one of Manhattan’s luxury shopping meccas.

According to Prudential Douglas Elliman’s Retail Group, Italian luxury sportswear retailer Paul & Shark has opened in the Hartz Mountain Building at 667 Madison Avenue, replacing Michael Kors. In turn, Michael Kors will move to the current Steuben store and open a new flagship when the glassmaker departs the space.

New York City -- Winick Realty Group said that TJ Maxx has leased its first Wall Street location, in the heart of New York City’s Financial District.

The 32,000-sq.-ft. store, which spans two lower levels at 14 Wall Street on the corner of Broad Street, is slated to open in October.

Northbrook, Ill. -- Oakbrook, Ill.-based Mid-America Asset Management said that Saks has signed a lease for 25,900 sq. ft. at Village Square of Northbrook in Northbrook, Ill., to open its third Saks Fifth Avenue Off 5th store in Chicagoland.

The store, which will unveil a new design, is slated to open in November.

Mid-America is the exclusive leasing representative for the 334,995-sq.-ft. shopping center located on Chicago’s North Shore.

Los Angeles -- CB Richard Ellis Group announced Monday that Grayson Gill has been promoted to COO of the company’s Asset Services business line.  

Gill previously held the title of Senior Managing Director.

In his new role, he will be responsible for the operations of Asset Services in the United States, overseeing all of the business line’s operational departments, including Legal, Employee Relations, Finance, Technology, Procurement, Human Resources, Technical Services, and Client Accounting.

Beachwood, Ohio -- Developers Diversified Realty Corp. announced Monday that it will officially change its name to DDR Corp., and adopt its New York Stock Exchange ticker symbol and most commonly referred identity, DDR, as its official brand name.

The company also unveiled a new logo, tagline and brand identity.

Wyomissing, Pa. -- Phoenix-based Cole Real Estate Investments said Monday that it has executed a lease with Jo-Ann Fabric and Craft Stores in Wyomissing, Pa., for approximately 25,000 sq. ft., backfilling a former Borders location.

The in-line store is located adjacent to OfficeMax, Toys “R” Us and Old Navy.