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REAL ESTATE

  • Westchester’s Ridge Hill mall to add indoor skydiving

    Yonkers, N.Y. - Forest City Ratner Companies, the developer and owner of Westchester’s Ridge Hill mall in Yonkers, New York, is adding an indoor skydiving facility, one of only 14 in the U.S.

    IFly Indoor Skydiving will break ground this fall with an estimated completion date in early 2015.

  • Nordstrom to close Florida Mall store

    Orlando, Fla. -- Nordstrom announced plans to shutter its store in the Florida Mall Orlando, Florida. Originally opened in 2002, the store will close its doors on August 16, 2014.

  • MacDade Mall attracts junior anchors with recent redevelopment

    Plymouth Meeting, Pennsylvania —The newly redeveloped MacDade Mall – located at 2600 MacDade Boulevard in Holmes, Pennsylvania – has attracted two new junior anchors: Marshalls, which opened in August 2013, and Ross, which will hold its grand opening this month.

  • Pacific Castle acquires four retail properties for $40 million

    Sacramento, California — West Coast shopping center owner/operator Pacific Castle has acquired four Sacramento-area properties for approximately $40 million, signaling an ongoing trend to add to the company’s diversified portfolio.

  • Shipping containers recycled as retail spaces at new Assembly Row center, in Boston area

    New York -- Boxman Studios, a leader in shipping container modification, have created a one-of-a-kind dining and retail venue from shipping containers to anchor Assembly Row, a new mixed-use development in Somerville, Massachusetts, which is just outside of Boston.   

    Four modified 20-ft. shipping containers make up SombBlox, an homage to Somerville’s historically industrial past. The four containers create three distinct spaces that are all ADA accessible and include electrical and lighting.

  • Italian Restaurant, green initiative join Bayshore Plaza

    Barnegat, N.J. — Two long-term lease agreements totaling 6,600 sq. ft. bring retail occupancy to 100% at Bayshore Plaza in Barnegat, New Jersey, according to the 59,000-sq.-ft. property’s leasing and managing firm Levin Management. 

    The new tenants include casual Italian restaurant Luigi’s Ristorante and Brick Oven Pizza (2,400 sq. ft.) and non-profit green initiative Greensleeves Boutique (4,200 sq. ft.).

  • The Opus Group to build three Gander Mountain stores

    Minneapolis — The Opus Group announced plans to build three 52,000-sq.-ft. retail buildings for St. Paul, Minnesota-based Gander Mountain. The new retail stores will be located in Augusta, Georgia; Newnan, Georgia and Algonquin, Illinois.

  • The Outlet Mall of Georgia at Augusta to break ground in December

    Augusta, Georgia — Ben Carter Enterprises will break ground in December on the Outlet Mall of Georgia at Augusta, an 800,000-sq.-ft. fashion outlet mall slated to open in spring 2016.

    Ben Carter’s announcement comes on the heels of a key land agreement reached with the owners of the Georgia Theatre Co., who agreed to reposition their theatre to accommodate the mall.

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