REAL ESTATE

New York City -- Centro Properties Group said Wednesday that Tuesday Morning stores have recently opened in Centro shopping centers in Pennsylvania and Virginia.

The retailer opened a 10,440-sq.-ft. store at New Britain Village Square, located in Chalfont, Pa., and a 17,089-sq.-ft. store at Jefferson Green, located in Newport News, Va.

Enfield, Conn. -- Centro Properties Group announced a 13,865-sq.-ft. lease has been executed with Jo-Ann Fabrics and Crafts at Freshwater-Stateline Plaza, located in Enfield, Conn.

New York City-based Centro Properties Group is the owner of Freshwater-Stateline Plaza.
 

New York City -- Winick Realty Group LLC said that luxury luggage retailer Mitsosa Group has leased its second Manhattan location at 40 East 55th Street, between Fifth and Sixth Avenues.

The 1,150-sq.-ft. store is expected to open in late summer or early fall, and will feature 35 feet of frontage on 55th Street.

According to Winick, the retailer is looking at other tourist-driven areas throughout Manhattan with plans to open three stores within the next 18 months.

Northbrook, Ill. -- Pine Tree Commercial Realty and New York City-based Silverpeak Real Estate Partners announced they have formed a joint venture with the goal of acquiring retail assets and portfolios across the United States.

According to Chris Westfahl, principal of Silverpeak, and Peter Borzak, co-founder and principal of Pine Tree, the new JV – Pine Tree Silverpeak Retail Partners LLC – plans to pursue transactions greater than $10 million and across the risk spectrum, ranging from raw land for development to stabilized core assets.

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.

Sidney, Neb. -- Cabela’s will open a store in Tulalip, Wash., in 2012.

The 110,000-sq.-ft. store will be located within Quil Ceda Village on the Tulalip Tribes Indian reservation, about 30 miles north of Seattle. It will be the outdoor retailer’s second Washington store.

Atlanta -- Jones Lang LaSalle said Tuesday it has been named the new leasing and/or property manager for five retail properties in Arkansas, North Carolina, New York and Ohio.

The portfolio, owned by a variety of institutional investors, includes open-air shopping centers and a single-tenant property in Manhattan.

As part of our ongoing coverage of RECon, the annual retail real estate convention conducted by the International Council of Shopping Centers and held May 22-25 in Las Vegas, Chain Store Age talked with Adam Ifshin, president and CEO of Tarrytown, N.Y.-based DLC Management Corp., to get his take – post-convention – about the state of the industry.

What are your key takeaways from RECon 2011?