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REAL ESTATE

  • Wilder Cos. announces hirings, promotions

    Boston -- The Wilder Cos. announced several new hires, including Howard A. West II, who joins the company as asset manager to assist in monitoring various properties’ financial and operating performance, act as a liaison to ownership groups on management and reporting issues, provide assistance on property acquisitions, and oversee daily operations for various shopping centers throughout the portfolio. 

  • Two new leases signed at Greenwood Springs shopping center

    Greenwood Springs, Ind. -- Jacksonville, Fla.-based Regency Centers said it has leased retail space in Greenwood Springs, Ind., to two new tenants at Greenwood Springs shopping center.

    Cannoli Queen has leased 1,400 sq. ft. of restaurant space and Superior Discount Liquors has leased 2,800 sq. ft. of retail space. The businesses are slated to open in the spring.

    The 292,827-sq.-ft. shopping center is anchored by Walmart and Gander Mountain alongside national retailers such as Sport Clips and Buffalo Wild Wings.

  • Tilden Ridge Shopping Center celebrates grand opening

    Tilden, Pa. -- Metro Commercial Real Estate announced Wednesday that Tilden Ridge, a 400,000-sq.-ft. regional shopping center located in Hamburg, Pa., and anchored by a Wal-Mart Supercenter and Lowe’s Home Improvement, had its grand opening on March 15.

    The shopping center, owned by West Conshohocken, Pa.-based Ironwood Property Group, is 98% pre-leased and includes, besides Walmart and Lowe’s, Five Guys Burgers & Fries, Logan’s Roadhouse, GameStop, Pet Supplies Plus, Sleepy’s and Schuylkill Valley Sports.
     

  • Top 10 retail markets for 2011

    The nation’s capital tops a list of the healthiest retail markets for 2011. The ranking, “ChainLinks/Terranomics Retail Power Rankings for 2011,” is based on the general overall health of a marketplace and includes such factors as overall economic indicators, income growth, ongoing construction, rental rate trends, and the amount of retail demand in the market.

  • EnVu and CBL partner on interactive media program

    New York City -- Interactive media company enVu said it has partnered with mall owner CBL & Associates Properties to deploy an immersive advertising platform, enSpire, within select CBL shopping centers located throughout the nation’s Top 20 designated market areas.

    The enSpire platform utilizes interactive floor projection displays that engage consumer interaction with the featured content while providing a memorable experience for mall visitors and enhancing brand recognition and purchase intent for advertisers.

  • Marimekko to open U.S. flagship

    New York City -- Finnish retailer Marimekko will open a flagship in Manhattan this fall. The company is also expanding its collaboration with Crate & Barrel.

    The 4,000-sq.-ft. store will feature Marimekko’s wide-ranging product mix, which includes furnishings fabrics, home goods, apparel and accessories. It will be designed by the Japanese architectural firm IMA.

  • CBL malls in the Midwest give back through National Random Acts of Kindness Week

    Chattanooga, Tenn.-based CBL & Associates Properties said that eleven of its malls in the Midwestern U.S. handed out 6,000 gifts during National Random Acts of Kindness week, Feb. 14-20.

    The program is designed to give back to the community and support local nonprofit groups.

  • Report: British retailer plans U.S. expansion

    New York City -- British footwear and apparel retailer L.K. Bennett plans to open 30 to 40 stores in the United States during the next three to five years, Women’s Wear Daily reported.

    The company will open its first U.S. stores this spring, with British footwear and apparel retailer L.K. Bennett plans to open 30 to 40 stores in the United States during the next three to five years, Women’s Wear Daily reported.locations in Chicago and Atlanta.

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