REAL ESTATE

SL Green Realty acquires 102 Greene Street
New York City -- SL Green Realty Corp. announced it has acquired the retail property located at 102 Greene Street for $32.25 million. The transaction marks the continued growth of the company’s prime retail property portfolio, which already includes several other assets in Manhattan’s SoHo retail district.
Mid-America handles sale of Maple Hill Mall
Kalamazoo, Mich. -- Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Maple Hill Mall in Kalamazoo, Mich. The 283,551-sq.-ft. center was purchased from Kimco Realty Corp. by Whitehouse, Ohio-based Devonshire REIT.

Simon: Most holiday shoppers will visit malls

Indianapolis -- More than eight in 10 (83%) of holiday shoppers will shop at the mall during the 2014 holiday season, and that percentage climbs to 89% of millennial shoppers age 18-33. According to the new "2014 Holiday Shopping Behavior Survey" from Simon, nearly nine in 10 (87%) respondents agree that "malls have the latest and hottest fashion and styles of the season."
CBRE arranges Plano retail center sale

Dallas -- CBRE Capital Markets’ Retail Investment Properties team announced the sale of Towne Square Shopping Center in Plano, Texas. Dallas-based Norman J. Hoppenstein purchased the retail center from an undisclosed seller.
Sports Authority to host grand opening events for its new and improved stores

Englewood, Colo. -- Sports Authority will host grand opening events for its new and improved stores in the Las Vegas area on Saturday, Nov. 8, at 8 a.m.
Mall Marketing Spotlight: DreamWorks DreamPlace “The North Pole Adventure” to launch at Westchester’s Ridge Hill

Ridge Hill, the Forest City Ratner-owned regional shopping and entertainment destination in Westchester, N.Y., will be the launchpad for DreamWorks Animation’s “North Pole Adventure,” a first-of-its-kind experience that blends storytelling and cutting-edge technology—taking families on an interactive journey that starts with Shrek and ends with a personal visit with Santa.
South Towne Center Mall and Marketplace, Sandy, Utah, acquired; renovation planned

Sandy, Utah -- A partnership between Pacific Retail Capital Partners, Silverpeak Real Estate Partners and the merchant banking division of Goldman Sachs announced that it has acquired the 1.3 million-square-foot South Towne Center Mall and Marketplace in Sandy, Utah.
Project Spotlight: 11 Jobs Lane, Southampton, N.Y.

One of Southampton's most historic buildings, located at a highly visible corner in the village, is available for a new retail tenant, according to Newmark Grubb Knight Frank Retail, which has been named exclusive leasing agent for the building.
Devonshire REIT acquires a trio of shopping centers for $70 million

Whitehouse, Ohio -- Devonshire REIT announced the acquisition of three shopping centers at a total cost of $69.75 million: Maple Hill Mall in Kalamazoo, Mich., Alpine Summit Shopping Center in Grand Rapids, Mich. and Northwest Crossings Shopping Center in Knoxville, Tenn.
Nordstrom Rack expanding in New Jersey; to open in Eatontown

Seattle -- Nordstrom plans to open a Nordstrom Rack Crossroads at Eatontown in Eatontown, N.J. The 35,250-square-foot store is scheduled to open in fall 2015. Crossroads at Eatontown is owned and operated by LGR Associates, LP.