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REAL ESTATE

  • Fraport to manage retail malls at four U.S. airports

    Frankfurt, Germany – Germany-based airport management services provide the Fraport Group has expanded its international portfolio in the global airport market by acquiring 100% of U.S.-based AMU Holdings Inc., which owns Airmall USA Holdings Inc. Airmall markets space at the aviation hubs of Baltimore, Boston, Cleveland and Pittsburgh.

  • P.S. From Aeropostale launches brand in Mexico, 100 stores on tap

    New York -- Aeropostale, Inc. will roll out its P.S. from Aeropostale brand in Mexico through a licensing partnership with Distribuidora Liverpool, S.A. de C.V.  

    P.S. from Aeropostale's expansion plans in Mexico include the opening of branded in-store shops in Liverpool department stores, as well as standalone stores, across Mexico beginning in summer 2014. The first store opened in July at Sante Fe Mall in Mexico City.

  • Bath & Body Works to join Legends Outlets Kansas City

    Kansas City, Kansas -- Bath & Body Works will open a 3,010-sq.-ft. store at designer outlet Legends Outlets Kansas City on Aug. 4.

    Bath & Body Works will occupy the space next to Ann Taylor Factory Store by the Civic Courtyard Fountain.  

    Other recent additions at Legends Outlets Kansas City include the only area Pizza Studio, Woody’s Automotive concept, Nail Envy spa and the Coach Factory pop-up location.
     

     

  • BareMinerals opens pop-up shop in New York

    San Francisco – Specialty cosmetics retailer BareMinerals is opening a pop-up “Shade Shop” in the SoHo neighborhood of New York, Aug. 1 to Aug. 2. The assortment is merchandised by shade family – light, medium, tan, dark and deep – in a streamlined, easy-to-navigate environment.

    The store will also feature a rotating color bar. Designed as a playground to test new concepts, BareMinerals will refresh the shop seasonally, with the first transformation taking place in November.

  • Phillips Edison-ARC expands portfolio in Texas with two acquisitions

    Cincinnati -- Phillips Edison-ARC Grocery Center REIT II, Inc. has acquired two grocery-anchored shopping centers, Northpark Village and Spring Cypress Village, both located in Texas.

    Northpark Village is a 70,479-sq.-ft. grocery-anchored shopping center in Lubbock, anchored by United Supermarkets and tenanted by GNC, Starbucks, Super Tan and Sun Loan Company.

    Spring Cypress Village is a 97,550-sq.-ft. grocery-anchored center in Houston, anchored by Sprouts and tenanted by Burger King, State Farm Insurance and Spec's.

     

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