REAL ESTATE

Survey: Teen girls still like malls
New York - Even in a digital age, young women still love shopping malls—especially during the holidays. According to a survey of female millennial shoppers from Teen Vogue, 65% of respondents will do the majority of their holiday shopping in stores, compared to 35% who will do most of it online. The top reasons why respondents said they would rather go to a mall than shop online during the holiday season was to see products (75%), hang out with their friends (44%), and bond with their mom (37%).
Hooters plans real estate with Forum Analytics
Atlanta - Hooters of America is partnering with Forum Analytics for a customized real estate planning and market-optimization solution. The collaboration will allow Hooters real estate operations make real-time, data-driven decisions by allowing users to share market data and sales forecasts, as well as impact estimates and site packet materials via SIMMS Online, Forum’s proprietary mapping, reporting and analytic platform.

Simon to open Tampa Premium Outlets Oct. 2015

Indianapolis – Simon has broken ground on Tampa Premium Outlets in Wesley Chapel, Florida. Opening in October 2015, the multi-million dollar project will bring a diverse mix of more than 110 retailers with 441,000-sq.-ft. of leasable space. It will also include a a food pavilion with multiple dining options.
New York City to open its first outlet center in 2016

New York - New York City’s first outlet center is expected to transform the Staten Island waterfront when it opens in 2016 adjacent to the 630-ft.-high New York observation wheel on the New York Harbor.
Olshan Properties names Matthew Winn COO

New York - Olshan Properties announced that Matthew B. Winn will join the firm effective January 2015 as COO. Reporting directly to CEO Andrea Olshan and working closely with her executive team on the overall management of the company, Winn will be responsible for leading the firm’s daily operations and refining its operating policies, procedures, and processes. He will also focus on ensuring growth of the company’s platform as well as work to enhance its operational efficiency.
Stirling Properties Development team director

Covington, Louisiana - Stirling Properties has named Michael Bucher as Development Director, charged with leading new and on-going development projects, including ground-up development, redevelopment and joint ventures. Based in the Covington office, Bucher will plan, coordinate and direct personnel relating to development and redevelopment.
Franchise Expansion: Best practices for targeting markets and selecting franchises

In the final installment of CSA Online’s PizzaRev series, we’ll explore the importance of choosing franchisees with a particularly discerning eye, and the process by which franchisors evaluate potential expansion markets. FRANCHISEE FACTORS
Wells Fargo celebrates grand opening at 120 Ninth Avenue

New York - Stonehenge Partners announced that Wells Fargo has officially opened its 1,375-sq.-ft. space at 120 Ninth Avenue. Wells Fargo is the first tenant to take occupancy at the retail property, which offers almost an entire block of frontage on 9th Avenue between 17th and 18th streets.
Cabela’s to build store in Farmington, Utah

SIDNEY, Neb. - Cabela’s Inc. announced today plans to open a 72,000-sq.-ft. store in Farmington, Utah. Construction is scheduled to begin in 2015, and Cabela’s anticipates a spring 2016. The store will be located in the newly planned Park Lane Commons development adjacent to Station Park on the west side of Interstate
Phillips Edison acquires Kroger-anchored center near Atlanta

Cincinnati - Phillips Edison Grocery Center REIT II announced the acquisition of Spivey Junction, an 81,475-sq.-ft. grocery store-anchored shopping center in Stockbridge, Georgia, a suburb of Atlanta. Spivey Junction is anchored by Kroger, and features a fuel center. Other national and regional tenants at the center include Great Clips, Workout Anytime, Domino's Pizza, Subway, Goodwill and Miracle Ear.