REAL ESTATE

Ripco Real Estate’s New Jersey office continues to grow
Lyndhurst, N.J. -- Ripco Real Estate Corp. announced David Townes has joined its New Jersey office sales team. Prior to joining Ripco Townes worked at Welco Realty for five years where he represented a combination of landlords and retail tenants. One of his many strengths and areas of expertise includes assisting retailers looking to expand in the New Jersey and Rockland County, New York areas.
Time Equities expands its footprint in Wisconsin by acquiring four centers
New York -- Time Equities acquired four Wisconsin multi-tenant retail assets for $18.1 million, spanning 307,668 sq. ft. in total. The acquisitions, consisting of two separate transactions, include The Geneva Commons purchased for $1.3 million, in addition to Oak Creek Centre, Park Plaza and Taylor Heights acquired for $16.8 million.

PGA Tour Superstore continues expansion

PGA Tour Superstore in 2016 will open its fourth store in the state of Arizona, in Tucson. Additional 2016 openings are to be announced.

The retailer will open a 25,000-sq.-ft. store at the Tucson Fiesta Shopping Center. The store will have multiple state-of-the-art swing simulators, practice hitting bays, a large putting green and an in-house club making and repair facility to provide a unique, interactive experience to golf enthusiasts of all levels.
Retail real estate deal making in full swing at New York show

ICSC’s 2015 New York National Conference & Deal Making show is on track to set an attendance record, with approximately 10,000 dealmakers estimated at the event, outstripping the previous peak of 9,600 attendees set in 2014 and spurring the event’s planners to explore options for adding space in future years.
ICSC: Mall shopping a big part of the omnichannel experience

While mobile technology has changed the way people shop, consumers — including the most tech-savvy — still do the vast majority of their shopping in shopping centers.

At least that’s according to a new survey by the International Council of Shopping Centers, which found that 83% of U.S. consumers visit a shopping center at least once a week, including 92% of 18 to 24 year olds. Overall, the young consumers visit shopping centers on average 10.8 times a week.
Video: Check out Primark ’s massive Madrid flagship
Report: Needy areas still lack grocery stores, despite retailers’ pledges

Walmart is the only chain retailer to fully meet a goal it made related to an initiative of opening stores in “food deserts,” the Associated Press reported. [Associated Press]
Simon center and Neiman Marcus team up on ‘fantasy gifts’ displays

Roosevelt Field in Garden City, New York, is offering shoppers an up-close look at some unusual and pricey holiday gift suggestions.

The center, owned by Simon, has teamed up with Neiman Marcus for the first ever Neiman Marcus' 2015 Fantasy Gifts public installation.
Victory Park makes two-sided retail on Victory Park Lane a reality

Dallas -- Trademark Property Co. begins construction on the unfinished parking garage at Victory Park in Dallas.

The construction is part of phase I redevelopment efforts and will add an additional 22,030 sq. ft. of street-level retail and restaurant space to Victory Park, as well as, a 2,600-sq.-ft. second-floor covered patio connected to a signature restaurant at the northeast corner of the garage, making two sided retail on Victory Park Lane a reality with in downtown Dallas. Completion is slated for summer 2016.
Shoppers Drug Mart elevating beauty with new in-store concept

Shoppers Drug Mart unveiled its new beauty department concept, called beautyBoutique, at the Rideau Centre in Ottawa.

The 4,000 sq.-ft. department features new fixtures, digital signage, enhanced fragrance and skin care areas and provides customers with a differentiated retail environment complemented by a wide assortment of prestigious brands. Featuring 16 prestige brands, it is the sixth Shoppers Drug Mart location in Canada to offer customers an elevated prestige beauty experience and the first in Ottawa.