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REAL ESTATE

  • Paster announces six new tenants at Twin Cities shopping centers

    St. Paul, Minn. -- Paster Enterprises announced Wednesday that six new tenants have been secured at the company’s projects throughout the Twin Cities area. 

    New tenants include Massage Elements, V4U, Home Choice, Broadway Pizza, National Karate and United Family Medicine.

  • Five Below opens at Pelham Manor Shopping Center

    Pelham Manor, N.Y. -- Dallas-based SRS Real Estate Partners said it has negotiated an 8,280-sq.-ft. lease for Five Below at Pelham Manor Shopping Center in Westchester County, N.Y.

    The new store opened in April.

  • Just Fitness to open at Spring Creek Marketplace

    Plano, Texas --- The Weitzman Group/Cencor Realty Services said that Just Fitness 4 U has leased 21,577 sq. ft. of anchor space in Spring Creek Marketplace, a shopping center located in Plano, Texas, for its fifth Dallas/Ft. Worth location.

    Just Fitness 4 U, which currently operates locations in Dallas, Carrollton, Mesquite and Hurst, also operates in key markets such as Atlanta and Salt Lake City.
     

  • Great Clips to open at Town Square Center

    Tampa -- Jacksonville, Fla.-based Regency Centers said it has leased retail space in Tampa, Fla. at Town Square Center to Great Clips.

    The salon has leased 838 sq. ft. and is slated to open for business in summer 2011.
     
    The 44,380-sq.-ft. shopping center is anchored by Petco alongside national retailers such as Starbucks, Panera Bread, Verizon and Pier 1 Imports.
     

  • Lee & Associates names senior advisor

    Indianapolis -- Commercial real estate firm Lee & Associates announced the addition of Robyn Smart as a senior advisor of the Indianapolis office.

    Smart specializes in tenant representation, site acquisition and landlord representation. In her new role, Smart will be responsible for all aspects of retail brokerage.

    Prior to joining Lee & Associates, Smart most recently served as an advisor for CB Richard Ellis.
     

  • Readers Speak Out: What was your key takeaway from RECon 2011?

    In the May 26 edition of SiteTalk, we asked the question, "Did you attend RECon 2011 in Las Vegas this week? If so, what was your key takeaway from the show?"  This is what several readers had to say:

  • U.S. shopping center industry tallies to nearly 108,000 centers

    New York City -- The U.S. shopping-center industry grew to approximately 108,000 centers in 2010, according to the latest statistics from CoStar Group. The data, compiled on behalf of the International Council of Shopping Centers (ICSC), marked the slowest U.S. industry growth (+0.2% or 259 centers) on record since at least 1971 for which consistent data exist.

  • Anthropologie to open on Upper East Side

    New York City -- Cushman & Wakefield announced that Anthropologie will replace the Lowes movie theater on the northwest corner of Third Avenue and 71st Street, in Manhattan.

    The theater, which had occupied the space for 50 years, closed at the end of 2010.

    The apparel retailer, which has three other locations in New York City (50 Rockefeller Plaza, 85 Fifth Avenue and 375 West Broadway) will occupy approximately 15,000 sq. ft., combining the ground floor and lower level.

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