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REAL ESTATE

  • CBL selects Brandon Agency for media planning, buying

    Myrtle Beach. Fla. -- CBL & Associates Properties recently selected The Brandon Agency to provide media planning and buying services for 75 malls and shopping centers in 25 states.

    The scope of services the agency will provide CBL includes guerilla advertising, Facebook pay-per-click, media planning, media buying, and media placement in print, broadcast, cable, radio and internet media outlets.
     

  • Two new leases signed at The Shops at Highland Village

    Highland Village, Texas -- Jacksonville, Fla.-based Regency Centers said it has leased retail space to two new tenants at The Shops at Highland Village, located in Highland Village, Texas.

    Soma Intimates will open a 2,793-sq.-ft. store in August, and local women’s and children’s retailer Megan’s Lifestyle Boutique has leased 2,000 sq. ft. for an October opening.

  • Cabela’s to build store in Rogers, Ark.

    Sydney, Neb. -- Cabela’s announced plans to build a store in Rogers, Ark. The 100,000-sq.-ft. store, Cabela’s first in Arkansas, is scheduled to open in the summer of 2012. The retailer also has also announced plans to build stores in Wichita, Kan., and Tulalip, Wash., as well as Saskatoon, Saskatchewan, Canada, all expected to open in 2012.

  • Regency Centers leases 20,771 sq. ft. at Peartree Village

    Brentwood, Tenn. -- Jacksonville, Fla.-based Regency Centers said it has leased retail space to four new tenants at Peartree Village, located in in Brentwood, Tenn.

    Petco opened an 11,120-sq.-ft. store, NeighborMD Urgent Care has leased 3,736 sq. ft. of medical office space, and Serenity Nail Spa has leased 2,339 sq. ft. First Watch, a breakfast, brunch and lunch restaurant, has opened its first Tennessee location in 3,586 sq. ft., occupying a former Hollywood Video space. All stores are now open, and the center is 100% leased.

  • Jimmy John’s opens at Chapel Hills Mall

    Colorado Springs, Colo. -- Addison, Texas-based Coyote Management LP said that Jimmy John’s will open a 1,665-sq.-ft. sandwich shop at Chapel Hills Mall, in Colorado Springs, Colo.

    The new restaurant is slated to open this fall.

    Chapel Hills Mall is a two-level, 1.2 million-sq.-ft. enclosed super-regional mall anchored by Dillard’s, J.C. Penney, Macy’s, Sears, Dick’s Sporting Goods and Burlington Coat Factory.
     

  • Fresh & Easy to test smaller format

    New York City -- Fresh & Easy Neighborhood Market, the U.S. division of Tesco, has joined the growing number of retailers opening smaller-format stores. The grocery store operator plans to test a new concept, called Fresh & Easy Express, in San Pedro, Calif.

    Fresh & Easy’s new format will be in the 4,000 sq. ft. range, compared with its typical 10,000-sq.-ft. footprint.

    For more, go to freshneasybuzz.blogspot.com/
     

  • Winn-Dixie to continue rollout of new format

    Apopka, Fla. -- Winn-Dixie said it has opened its fourth new-format grocery store, this one in Central Florida, on Wednesday, as part of its rollout of an enhanced neighborhood market concept.

    The newest store, located in Errol Plaza, is one of 17 planned store remodels. The company expects to invest approximately $5.5 million per store.

  • Cole Real Estate executes 278,000 sq. ft. in retail leases

    Phoenix -- Cole Real Estate Investments announced Monday that it has signed leases totaling approximately 278,000 sq. ft. at Cole-related retail properties through the first half of 2011.

    The leases consist of approximately 129,000 sq. ft. of new leases and approximately 149,000 sq. ft. in renewals, bringing the occupancy rate for Cole’s portfolio of more than 1,450 properties to 97.3%.

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