REAL ESTATE

Columbus, Ohio — Glimcher Realty Trust announced that Scott Barrett has been appointed to the role of VP development – anchor leasing. In this role, Barrett will lead the development, leasing and design activity associated with anchor, big-box and peripheral land deals across the portfolio.

New York — Winick Realty Group has leased 2,200 sq. ft. for Chipotle Mexican Grill at 222 Market Street, part of the RockPlaza Lofts residential and commercial development in Newark, New Jersey.

Chipotle is the first national quick-service restaurant to open in Downtown Newark in decades, according to Winick. The new unit is located near Seaton Hall University Law School and the Prudential Center, home of the NHL hockey team New Jersey Devils.

Cincinnati -- Phillips Edison-ARC Grocery Center REIT II Inc. has acquired Kipling Marketplace, adding a property in Colorado to the company's portfolio. Kipling Marketplace is a 90,124-sq.-ft. grocery store-anchored shopping center located in Littleton, Colorado, part of the Denver metropolitan statistical area.

Kipling Marketplace is anchored by a Safeway grocery store, the number two grocer in the Denver area. Other national and regional tenants at the center include Sylvan Learning, Dairy Queen, Cost Cutters, and H&R Block.

Kalamazoo, Mich. – A $2.2 million, 23,000-sq.-ft. retail center is reportedly planned for Kalamazoo, Michigan. According to the Kalamazoo Gazette, developer Habib Mandwee plans to open the center in a downtown area next to a location where Kalamazoo Valley Community College wants to build a health-focused campus.

Tenants for the retail center include Biggby Coffee and On the Rocks Market, with room for four other retailers. Developers hope to start construction in spring 2015 with a fall 2015 completion target.

Woonsocket, R.I. – CVS/pharmacy launched its entrance into the Seattle market with the grand opening of a new location in the city of Renton, the first CVS/pharmacy in the state of Washington. In addition to the new store in Renton, the company will open two more Seattle-area stores in 2014 and will open its first store in the city of Seattle next summer.

With its entrance into Seattle, CVS/pharmacy now has a presence in all 20 top drugstore markets in the U.S. The Renton store is one of the first tobacco-free CVS locations in the U.S.

Houston -- Baker Katz, an X Team International partner and full-service commercial real estate brokerage firm, announced that construction has begun on its retail center in Tomball, Texas.

Shanghai, China -- M&M’S celebrated the grand opening of its first M&M’S World store in Asia – M&M’s World Shanghai, a 17,000+-sq.-ft. entertainment destination that marks the brand’s fifth M&M’s World flagship store. Current flagships include Times Square, New York; Orlando; Las Vegas; and Leicester Square London.
 
Spanning two floors and combining iconic Chinese landmarks and cultural elements, the store features a large array of candies and M&M-branded merchandise.

Charlotte, N.C. -- Aston Properties announced plans to develop Caldwell Crossing in Harrisburg, North Carolina, on the corner of Caldwell Road and Hwy. 49. 

Construction has begun on the 85,000-sq.-ft. center with an anticipated opening date in late fall 2015.

Caldwell Crossing will be anchored by a Harris Teeter grocery store and will include up to 26,000 sq. ft. of small shops. In addition to Harris Teeter and the shops, the center will include two outparcels.