REAL ESTATE

Saks slates March opening for first store in Puerto Rico
New York -- Saks Fifth Avenue will open its first store in Puerto Rico. The 100,000-sq.-ft., multi-level store opens in conjunction with the Mall of San Juan on March 26.

“There is great opportunity in San Juan – the demand for luxury retail from locals and tourists is thriving,” commented Marigay McKee, president of Saks Fifth Avenue.
Ross Dress for Less opens two Louisiana stores March 7
Dublin, Calif. - Ross Dress for Less will open two new stores in Louisiana on March 7. The stores are located in Juban Crossing in Denham Springs, and Magnolia Marketplace in central New Orleans.

With these new locations, Ross will operate 15 stores in Louisiana. Together, Ross Dress for Less and DD’s Discounts currently operate more than 1,300 off-price apparel and home fashion stores in 33 states, the District of Columbia and Guam.

Rascals Fitness to open at Collegeville Plaza

Philadelphia -- X Team International announced that partner MSC Retail has completed a lease transaction with Rascals Fitness in Collegeville, Pennsylvania.

Rascals Fitness will open a 12,183-sq.-ft. facility in Collegeville Plaza at the intersection of Main Street and 2nd Avenue. “We’re excited to have helped complete the lease for Rascals Fitness on their third location in Pennsylvania,” said Michael Salove, president and CEO of MSC Retail.
GNC plans 125 net new domestic stores in 2015

Pittsburgh - GNC Holdings Inc. is looking to 2015 as a year of expansion. The retailer plans to open 125 total net new domestic (including both company-owned and franchised stores) and retail segment locations, approximately 150 net new international franchise locations, and approximately 30 net new GNC-Rite Aid store-within-a-store locations.
SAS to open at The Village at Waugh Chapel

Gambrills, Md. -- Greenberg Gibbons announced that SAS is opening a new 2,596-sq.-ft. shoe store at The Village at Waugh Chapel, a mixed-use development in Gambrills, Maryland.

The new store is expected to open in March 2015, located next to Coldstone Creamery and Fuji Modern Asian Cuisine & Sushi Lounge. It joins Safeway, Chipotle, LA Fitness, Marshalls, Homegoods and more.
New concept, Stitch, offers high-quality alterations in boutique-like environment

Los Angeles -- Stitch, a new concept in clothing alterations and design services, has opened a flagship in West Hollywood, California, with plans to expand across the nation.

The store combines a comfortable atmosphere, quality tailoring, a fast turnaround and real-time text/email updates on garment progress. It also features a lounge decorated with for-sale paintings by local artists, and a rotating pop-up boutique with clothing for sale.
Whole Foods Market to open in Uptown Charlotte mixed-use development

Charlotte, N.C. -- Crescent Communities has unveiled plans for a mixed-use, transit-oriented development that will bring Uptown Charlotte its first Whole Foods Market. The company’s plans for the 5.4-acre site at the Lynx Light Rail’s Stonewall Station, in Charlotte, North Carolina, define a new model of urban living for the area and complement its Tryon Place mixed-use development to redefine the city’s Stonewall corridor.
Carter’s, Osh Kosh B’Gosh to open at Towne Centre at Laurel

Laurel, Md. -- Greenberg Gibbons announced that Carter’s and OshKosh B’Gosh are opening a combined store at Towne Centre at Laurel, the new $130 million destination on Route 1 in Laurel, Maryland.

Carter’s and OshKosh B’Gosh will open a 7,077-sq.-ft. store in April 2015.
Simon to rebrand Livermore Premium Outlets as San Francisco Premium Outlets

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.
Next Realty acquires Shops at Flint Creek from Hamilton Partners

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.