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REAL ESTATE

  • Pei Wei Asian Diner to debut in Atlanta

    Atlanta -- SRS Real Estate Partners said that Scottsdale, Ariz.-based Pei Wei Asian Diner has selected SRS to find its debut location in the state of Georgia.

    Pei Wei was launched in July 2000 as a growth vehicle for P.F. Chang’s China Bistro. Currently, Pei Wei operates more than 165 company-owned stores in 20 states.
     

  • Dick’s, Orvis, REI and more to open at Westchester’s Ridge Hill

    New York City -- Forest City Ratner Cos., a subsidiary of Cleveland-based Forest City Enterprises, announced Thursday that Dick's Sporting Goods, Orvis and REI, along with three national restaurant chains making their New York debuts, have join the growing tenant line-up at Westchester's Ridge Hill.

  • New theater opens at Nampa Gateway Center

    Nampa, Idaho -- Beachwood, Ohio-based Developers Diversified Realty Corp. said Thursday it has completed construction of the 52,000-sq.-ft. Edwards Nampa Gateway Stadium 12 Theater, now open at the Nampa Gateway Center, a 921,200-sq.-ft. shopping center in Nampa, Idaho.

  • Report: Microsoft looking to open more stores

    New York City -- Microsoft on Thursday opened a store in Bellevue, Wash., close to its headquarters in Redmond.

    It is the company’s seventh store to date, but more expected, according to the Wall Street Journal. The company expects a “pretty aggressive roll-out schedule” of new stores next year, the report said.

  • Nordstrom Rack to open in Orange, Calif.

    Seattle -- Nordstrom plans to open a  Nordstrom Rack in Orange, Calif. The 35,000-sq.-ft. store will be located at The Block at Orange and is expected to open in spring 2012.

    "We are very excited to move forward with our new store at The Block at Orange," said Geevy Thomas, president of Nordstrom Rack "This is one of the area's top shopping destinations and a terrific opportunity for us to better serve our loyal OC customers."

  • RMC Property Group launches new division

    Tampa, Fla. -- RMC Property Group announced that it has added tenant representation to its scope of services that currently includes leasing and management, brokerage, owner and developer.

    “In many ways, we have been practicing tenant representation for years, assisting our clients in backfilling empty boxes or securing new retail locations for tenants,” said Susie Rice, president of RMC Property Group.

    To launch the new division, RMC Property Group has added real estate broker David Gibson.

  • CBL celebrates opening of The Forum at Grandview

    Madison, Miss. -- Chattanooga, Tenn.-based CBL & Associates Properties announced the opening of Phase I of The Forum at Grandview, a community center development in Madison, Miss.

    The 110,000-sq.-ft. Phase I opened 100% leased with anchors Best Buy, Dick’s Sporting Goods and Stein Mart. The new stores join the existing anchors Miskelly Furniture and Malco Grandview Theater.

    The Forum at Grandview is a joint venture of CBL and The Mattiace Co.

  • Family Dollar, nail salon extend leases at Mountainville Shopping Plaza

    Allentown, Pa. -- New York City-based The Lightstone Group  announced two long-term lease extensions at Mountainville Shopping Plaza, its 118,000-sq.-ft. shopping center in Allentown, Pa.

    Family Dollar has signed a 10-year lease extension for 9,135 sq. ft. of retail space at the shopping center. Studio II Nails has signed a four-year lease extension for 1,500 sq. ft.

    Mountainville Shopping Plaza is anchored by a 33,000-sq.-ft. PriceRite Supermarket, an 11,500-sq.-ft. Retro Fitness gym and a 15,000-sq.-ft. Eckerd Pharmacy.

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