REAL ESTATE

Livermore, Calif. -- Simon announced that its Bay Area outlet shopping center, Livermore Premium Outlets, will be rebranded and named San Francisco Premium Outlets in conjunction with a major expansion.

The 512,000-sq.-ft. center is located in the affluent East Bay area of northern California and features 130 designer and name brand outlet stores, including Armani, Barneys New York, Bloomingdale's Outlet, Burberry, Cole Haan, DKNY, Elie Tahari, Kate Spade New York, Last Call by Neiman Marcus, Polo Ralph Lauren, Prada and Saks Fifth Avenue Off 5th.

Chicago -- Transwestern’s Chicago office has brokered the sale of The Shops at Flint Creek. Located at 500 N. Hough St. in Barrington, Illinois, the 59,325-sq.-ft. center was developed in 2006 by Hamilton Partners. Next Realty LLC purchased the Heinen’s grocery store-anchored center for an undisclosed amount.

In addition to Heinen’s, tenants include Meatheads, Alexian Brothers Health System, Coldwell Banker, Athletico and Scottrade.

Cape Coral, Fla. -- Stiles Realty announced 57,829 sq. ft. of leasing activity at Coralwood Center, one of the largest power centers in Cape Coral, Florida. HomeGoods and Ulta signed new leases totaling 33,819 sq. ft. in fourth quarter 2014. At the same time, anchor tenant Bealls Outlet has signed a lease to expand into a new 24,010-sq.-ft. store, increasing the center's occupancy to 81%.

Oklahoma City -- Sonic Drive-In announced two new agreements for franchise development in Rhode Island, the 45th state for the expanding brand. A mainstay in the South and Central Plains, the chain is aggressively expanding in the Northeast.

The first new Sonic franchisee for Rhode Island will bring the state its first location in the Providence, Rhode Island, market in mid-2015, with plans for more down the line.

Lakeland, Fla. -- Retail Solutions Advisors said that it has been selected as the exclusive leasing representative for Towne Square, a 126,374-sq.-ft. community shopping center located in Ocoee, Florida. Towne Square is anchored by Old Time Pottery.

The property is owned by Continental Real Estate Companies, who will continue to manage the center.
 

New York -- Cushman & Wakefield announced today that the real estate firm has been appointed exclusive leasing agent for the retail space at 2 Herald Square.

Located in the heart of Manhattan’s largest shopping district, 2 Herald Square touts 60,500 sq. ft. of available space spread among three floors. It features a 75-ft. storefront right across from Macy’s, and neighbors including H&M’s new Herald Square flagship, The Gap, and Victoria’s Secret’s international flagship.

 Indianapolis -- Simon announced that Krystal Zell has been named senior VP of marketing. In this newly created role, Zell will oversee the field marketing organization for all Simon Malls, The Mills and Simon Premium Outlets.

Zell served as VP of Starwood Preferred Guest at Starwood Hotels & Resorts where she led the loyalty strategy, business development and operations for its Starwood Preferred Guest and B2B loyalty programs.





 

Bellevue, Wash. -- Whole Foods Market announced its plans for continued expansion in Western Canada with three new locations: Greater Victoria, British Columbia; Edmonton, Alberta; and Calgary, Alberta.