REAL ESTATE

Mid-America arranges sale of Quivira Crossings to Phillips Edison
Kansas City, Kansas - Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Quivira Crossings located in Overland Park (Kansas City MSA), Kansas. Cincinnati-based Phillips Edison purchased the 111,304-sq.-ft. grocery-anchored center for $14.5 million. Quivira Crossings is located at 135th Street and Quivira Road in Overland Park, and features a long-term lease with Price Chopper.
DLC Management Corp. acquires The Shoppes At South Hills
Poughkeepsie, New York - DLC Management Corporation announced its latest acquisition: The Shoppes at South Hills, a 518,000-sq.-ft. grocery-anchored power center in Poughkeepsie, New York. This acquisition aligns well with DLC’s operations and features anchor tenants ShopRite, Burlington Coat Factory, Christmas Tree Shop, Hobby Lobby and Kmart. Other tenants include Ashley Furniture HomeStore, Bob’s Discount Furniture, and Chuck E. Cheese’s.

239 Greenwich Avenue becomes home to Betteridge’s Jeweler

Greenwich, Connecticut - Family-owned and operated jeweler Betteridge’s is relocating to a new flagship position at 239 Greenwich Avenue -- a corner location that is now at the hub of activity and is considered one the crown jewels of Greenwich, Connecticut’s shopping destination.
Asics America opens store in Times Square featuring an authentic subway car

IRVINE, Calif. - Asics American has opened a 4,000 sq.-ft. store in the heart of New York City’s Times Square. Located on 42nd Street between 6th and 7th Avenue, the Times Square location is the second Asics storefront in New York City as well as the largest in the United States.
Mid-America names principals, senior VPs

Oakbrook Terrace, Illinois - Mid-America Real Estate Corporation recently announced the promotions of two employees to Principals and two employees to Senior VPs. Joe Girardi is a member of Mid-America’s Shopping Center Investment Sales team, and has been promoted to a Principal of Mid-America Real Estate Corporation. He has been with Mid-America since 2003, and has been directly involved in the completion of over $2 billion of retail investment sale transactions.
Famous faces wish Las Vegas a happy holiday season on Miracle Mile Shops' strip-side LED screens

Las Vegas - Through Dec. 31, Miracle Mile Shops at Planet Hollywood Resort & Casino is broadcasting a series of special holiday greetings from prominent Las Vegas personalities, headliners and show cast members on its LED screens at the heart of Las Vegas Boulevard.
Mixed-Use project gets go-ahead in Minnetonka

St. Pau, Minnesota - Paster Properties and Bader Development announced that the City of Minnetonka City Council has approved the development of a six-story, 155,000-sq.-ft., mixed-use development at 1730 Plymouth Road, Minnetonka, Minnesota.
Sembler and Forge acquire two new shopping centers

St. Petersburg, Florida - The Sembler Company and Forge Capital Partners, in their Forge Real Estate Partners III investment fund, have recently purchased two shopping centers: Causeway Shopping Center in Indian Harbour Beach, Florida, and Springdale Shopping Center in Austin, Texas. FREP now owns five shopping centers, and the joint venture is actively seeking additional investments in grocery-anchored shopping centers throughout the Southeast.
DICK's and ULTA to join Janesville Mall as part of anchor redevelopment

Janesville, Wisconsin - CBL & Associates Properties announced that DICK'S Sporting Goods and ULTA Beauty are coming to Janesville Mall in Janesville, Wisconsin. The two new stores will be situated in the former JC Penney location. Construction is expected to begin in January with the grand opening for both stores scheduled for fall 2015.
ICSC names U.S. design and development award winners

New York City - The International Council of Shopping Centers has named 12 shopping centers as winners of its 2014 U.S. Design and Development Awards competition. ICSC’s U.S. Design and Development Awards are designed to recognize outstanding projects for excellence in the creation of new retail projects, and in the expansion or redevelopment of existing projects, solely within the continental United States.