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REAL ESTATE

  • Two retailers to join Fairview Corners

    Simpsonville, S.C. -- Centro Properties Group US announced two retailers will be joining Fairview Corners, located in Simpsonville, S.C.
     
    Wild Oats Brewery will occupy a 4,556-sq.-ft. space; Upstate Gold Exchange will occupy a 1,500-sq.-ft. space.
     
    Centro Properties Group, based in New York City, is the owner of Fairview Corners.
     

  • DJM Realty retained to dispose of all remaining Borders real estate

    Melville, N.Y. -- DJM Realty, a Gordon Brothers Group company, said Monday it has been retained to exclusively manage the disposition of all remaining Borders Group and Waldenbooks real estate in the United States. The news came after Borders announced it had abandoned hope that the company could be saved from liquidation.

  • Two new leases signed at Ashburn Farm Market Center

    Ashburn, Va. — Jacksonville, Fla.-based Regency Centers said Mathnasium and Zinga Frozen Yogurt have leased space at Ashburn Farm Market Center, located in Ashburn, Va.

    Mathnasium has leased 1,529 sq. ft. and Zinga has leased 2,264 sq. ft. Both businesses are slated to open in September, bringing the center to 100% leased.

    The 91,900-sq.-ft. shopping center is anchored by a 49,000-sq.-ft. Giant, alongside national retailers, such as Starbucks, Subway, Domino’s Pizza and Supercuts.

  • Walmart names new real estate executive

    Bentonville, Ark. -- Karen Roberts was named executive VP and president of Walmart Realty on Friday, filling a position vacated by the company’s long time real estate executive Eric Zorn who retired after a 20-year career.

    Roberts most recently served as senior VP and chief compliance officer. She will report to Tom Mars,  executive VP and chief administrative officer, whose responsibilities were expanded to include oversight of real estate in the wake of Zorn’s retirement.

  • Lakeshore Mall to undergo renovation

    Addison, Texas — Coyote Management, L.P. and Garrison Investment Group announced that Lakeshore Mall, in Gainesville, Ga., is undergoing a renovation that includes extensive landscaping upgrades, new branding campaign, banners, directional signage, reopened customer service, gift card program and children’s strollers.

    This week, said the companies, the property will begin construction on a new 11’ x 26’ monument sign and over $25,000 in landscaping. The project is scheduled to be complete by the end of July.

  • Lululemon athletica to open at Town Center at Boca Raton

    Boca Raton, Fla. — Indianapolis-based Simon Property Group announced Monday that lululemon athletica will grand-open a new store at Town Center at Boca Raton on July 22.

  • GNC to open at at Twin Oaks Shopping Center

    Aguora Hills, Calif. -- Jacksonville, Fla.-based Regency Centers said it has leased space in Aguora Hills, Calif. to GNC, which will open a new store at Twin Oaks Shopping Center.

    GNC has leased 1,050 sq. ft., bringing the center to 97% leased.  The tenant is slated to open for business in fall 2011.  

    Aguora Hills, a 98,399-sq.-ft. shopping center, is anchored by Ralphs, alongside RadioShack, Rite Aid, Wells Fargo Bank and Starbucks. 

  • Westwood Financial acquires McCrimmon Corners

    Los Angeles — Westwood Financial Corp. said Monday it has purchased McCrimmon Corners shopping center, located in Morrisville, N.C.

    The 86,267-sq.-ft. grocery-anchored center, sold to Westwood by Crosland, currently is 99% leased. Anchor tenant Harris Teeter is joined by Tossed Salads, Taekwondo Academy, Nikos Taverna, Saffron Indian Food Restaurant, Two Guys Grille, Subway, AT&T, Great Clips, State Farm and Red Dragon.

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