REAL ESTATE

Project Spotlight: Jefferson Commons, Louisville, Ky.
Construction is currently underway at Jefferson Commons, a regional shopping center in a booming area of Louisville, Ky. Developed by GBT Realty Corp., based in Brentwood, Tenn., the 230,000-sq.-ft. Jefferson Commons will feature Academy Sports + Outdoors, Five Below, Mattress Firm, Mens Wearhouse, Hancock Fabrics and Avalon Nails.
Century 21 opens as The Gallery anchor Oct. 28
Philadelphia -- Century 21 Department Store is opening an approximately 95,000-sq.-ft. anchor store at The Gallery shopping center in Philadelphia on Tuesday, Oct. 28. This will be New York-based Century 21’s first location outside the New York market.

Expansion at Sawgrass Mills to bring an additional 30 stores and restaurants

Sunrise, Fla. - The Sawgrass Mills outlet and value retail shopping center has begun construction on the next expansion of its open-air luxury promenade, The Colonnade Outlets at Sawgrass Mills. The planned project will include an additional 80,000 sq. ft. to comprise 30 additional luxury outlet stores and full-service restaurants, which will join a roster of existing brands like Prada, Gucci, Tory Burch, Burberry and more.
Report: H&M opens at Dayton Mall Oct. 30

New York – Fast-fashion retailer H&M is reportedly opening a new 21,000-sq.-ft. store at the Dayton Mall in Dayton, Ohio on Thursday, Oct. 30. According to the Dayton Business Journal, H&M has hired 30 employees to staff the location.
Avison Young executes sale of Lindbergh Crossing in Atlanta

Atlanta –- Commercial real estate services firm Avison Young has completed the $7.06 million sale of Lindbergh Crossing, a 27,057-sq.-ft., fully-leased shopping center in Atlanta. The team enabled the seller, Lindbergh Crossing, LLC, to harvest a significant gain on the property within a relatively short holding period.
GBT Realty adds tenants to Middletown Commons

Louisville, Ky. -- Brentwood, Tennessee-based GBT Realty Corp. announced an expanded tenant line-up that brings a Louisville, Kentucky, regional shopping center to over 90% leased. Middletown Commons will see its first tenants opening in November; construction is currently underway.
Tuesday Morning to open at Blue Star Shopping Center

Watchung, N.J. -- Tuesday Morning is set to join the tenant mix at Blue Star Shopping Center in Watchung, New Jersey, with plans to open an 11,000-sq.-ft. store at the 419,000-sq.-ft. shopping center.
Great Expressions Dental Centers joins tenant mix at Summit Plaza

Hackensack, N.J. -- Great Expressions Dental Centers is the latest tenant to join the retail mix at Summit Plaza in Hackensack, N.J. The dental care provider has leased 3,000 sq. ft. at the 100,000-sq.-ft. shopping center, announced Alfred Sanzari Enterprises, owner and manager of Summit Plaza.
Pine Tree Commercial Realty acquires South Pasadena Shopping Center

Tampa, Fla. -- Northbrook, Illinois-based Pine Tree Commercial Realty, LLC announced that it has acquired South Pasadena Shopping Center, a grocery-anchored community shopping center located in South Pasadena (Tampa), Florida, for $21.1 million. The recent acquisition is Pine Tree’s 73rd and brings the company’s current portfolio to 3.5 million sq. ft. in 15 states.
Uniqlo opens at Great Mall Oct. 31

New York -- Uniqlo is opening a store at Great Mall in Milpitas, California on Friday, Oct. 31. The new addition signifies the completion of a redesign of Great Mall’s interior mid-section, which has allowed for additional retail space. This space reconfiguration has extended Great Mall’s growing fashion corridor with other popular retailers, including Guess Factory Store and an expanded Tommy Hilfiger Company store.