REAL ESTATE

Intersection of Opposites: An inspired approach to shopping center design
By Ahsin Rasheed
Sears plans to convert its property in Aventura, Fla., to mixed-use development
Aventura, Fla. -- In another move to capitalize on its extensive real estate portfolio, Sears Holdings Corp. has submitted plans to the City of Aventura in Florida for the redevelopment of the Sears property at Aventura Mall into an open-air village that will feature retail, restaurants, offices and a hotel.

JLL adds retail expertise in San Francisco Bay area

San Francisco--JLL announced that it has expanded its retail brokerage practice in Northern California with the addition of Jamie Kendall as VP. Kendall will be based in the firm’s San Francisco office, and will partner with the firm’s existing retail, agency leasing and investment sales teams to help maximize the value of retail assets for JLL’s growing client base in downtown San Francisco.
Kate Spade, Lululemon opening at Highland Village

Jackson, Miss. -- Kate Spade New York and Lululemon Athletica are both opening their first permanent Mississippi locations, as Chestnut Hill, Mass.-based WS Development announced the retailers’ grand opening plans at Highland Village in Jackson, Miss.
Tanger Outlets at Foxwoods To Open on May 21, 2015

Mashantucket, Conn. -- Foxwoods Resort Casino announced that the grand opening of the new Tanger Outlets at Foxwoods will be held on May 21, 2015.
Panera Bread to make debut in Culver City

Los Angeles -- Real estate investment and services firm Kennedy Wilson has negotiated a 10-year retail lease for Panera Bread, the chain’s first location in Culver City, Calif. The 5,100-sq.-ft. property is located at 10990 Jefferson Blvd. within the Studio Village Center.
Publix to co-anchor Steele Creek Crossing

Charlotte, N.C. --Westwood Financial Corp. announced that Publix Super Markets has now opened as the new anchor tenant at Steele Creek Crossing in Charlotte, N.C. This lease marks one of seven Bi-Lo locations Publix has taken over in the Charlotte area.
Well Developed: The benefits and best practices associated with successful public-private partnerships

By Don Cardon and Steve Backman
Topshop opens its largest U.S. store

New York -- British fast-fashion retailer Topshop, a unit of Arcadia Group, opened a flagship on Manhattan’s Fifth Avenue, close to Rockefeller Center.
Redmond Town Center announces Guitar Center launch

Redmond, Wash. -- Guitar Center and four additional new retailers and restaurants are slated to open at Redmond Town Center, in Redmond, Wash., later this year and into next spring.