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REAL ESTATE

  • Bernards names exec to oversee commercial projects

    Los Angeles -- Commercial builder Bernards has appointed industry veteran Joseph Didone to the position of VP. In his role, Didone will provide executive-level oversight for complex Bernards projects.
     
    Didone is a 27-year veteran of the construction industry. During his career, he has managed a number of high-profile construction projects, including the renovation of the Hollywood Bowl Museum.
     

  • Swarovski dazzles in Vegas; shoppers can ‘barter’ for goods at new store

    Las Vegas -- A giant “starburst ” a 14-ft.-diameter structure composed of 911 custom-cut Swarovski crystal spheres that put on a dazzling show at midnight, is the sparkling centerpiece of Las Vegas’ newest retail destination, Grand Bazaar Shops. The starburst, was created for — and towers above—the outdoor center’s new Swarovski store, whose exterior is composed of dozens of large, angular facets designed to make it resemble a cut crystal.

  • dd's Discounts to open in Oxnard, California

    Dublin, Calif. -- dd’s Discounts, a division of Ross Stores, Inc., will open a new store in Oxnard, California. The opening date is scheduled for Feb. 28.

    The new store is located in Fremont Square along North Ventura Road and Doris Avenue in North Oxnard.

    California is the retailer’s largest state with a total of 68 stores.  Including this new location, dd’s Discounts will operate 156 locations in 15 states.
     

  • dd's Discounts to open in Waco, Texas

    Dublin, Calif. -- dd’s Discounts, a division of Ross Stores, Inc., will open a new store in Waco, Texas. The new store is slated to open Feb. 28 and is located in the Parkdale Shopping Center at North Valley Mills Drive and Bosque Boulevard, 13 miles southwest of Baylor University.  

    Texas is the retailer’s second largest state with a total of 32 stores.  Including this new location, dd’s Discounts will operate over 155 locations in 15 states.
     

  • dd's Discounts to open a new store in Jacksonville, Florida

    Dublin, Calif. -- dd’s Discounts, a division of Ross Stores, Inc., will open a new store in north Jacksonville, Florida.  The opening is slated for Feb. 28.

    The new store is located in Highland Square at Dunn Avenue and Monaco Drive off Interstate 95. Florida is the retailer’s third largest state with a total of 25 stores. Including this new location, dd’s Discounts will operate over 150 locations in 15 states.
     

  • RPAI acquires Cedar Park Town Center

    Austin, Texas -- Retail Properties of America, Inc., closed on the acquisition of Cedar Park Town Center, a 181,000-sq.-ft. community center located in Cedar Park, an Austin, Texas submarket. The purchase price was $39.1 million.

    The property is situated at the intersection of two major freeways, with visibility and access to more than 73,000 vehicles per day. Cedar Park is shadow-anchored by Costco and is 94.5% occupied and leased to a lineup of national and regional tenants, including At Home, Chipotle, BJ’s Brewhouse and In-N-Out Burger.

  • RSA to lease Crosswinds in St. Petersburg; Beall’s Outlet to anchor

    Lakeland, Fla. -- Retail Solutions Advisors (RSA) has been selected as the exclusive leasing representative for Crosswinds, a 139,037-sq.-ft. community shopping center near Tyrone Square Mall in St. Petersburg, Florida.  

    Current anchors include Marshall’s, Michael’s and Bed Bath and Beyond.
     
    The property is owned by Crosswinds St Pete, LLC, who will continue to manage the center.

  • Mid-America handles sale of The Plaza at Prairie Ridge

    Pleasant Prairie, Wis. -- Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of The Plaza at Prairie Ridge located in Pleasant Prairie (Kenosha County), Wisconsin. The 9,035-sq.-ft. three-tenant center was purchased by Mark Cosenza, VP of Oak Brook, Illinois-based Inland Real Estate Acquisitions, Inc. The seller was Milwaukee-based Evo Properties, LLC.
     

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