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REAL ESTATE

  • Fort Howard Square acquired for approximately $11.5 million

    Rincon, Ga. -- Wheeler Real Estate Investment Trust, Inc. announced the acquisition of Fort Howard Square in Rincon, Georgia, for a purchase price of approximately $11.5 million, using a combination of cash and debt to pay for the property.

    The center is 95% leased and anchored by Lowe’s and Walmart Supercenter.

  • Sembler, Forge acquire St. Petersburg’s grocery-anchored center

    St. Petersburg, Fla. -- The Sembler Company and Forge Capital Partners announced the purchase of Disston Plaza in St. Petersburg, Florida, which will be added to Forge Real Estate Partners III investment fund. The 123,000 sq. ft. shopping center is currently 98% occupied and is anchored by Publix and also includes Bealls Outlet and Dollar Tree.

  • Virtua Express Urgent Care Center to join Fairground Plaza in New Jersey

    Mount Holly, N.J. -- Levin Management announced that Physician network Virtua Medical Group has leased 5,800 sq. ft. of space at Fairground Plaza in Mount Holly, New Jersey, where it plans to open its Virtua Express Urgent Care Center. Fairground Plaza is located on Route 541, serving a residential population of more than 81,000 people within a five-mile radius. The center is anchored by Acme supermarket and Staples.
  • Phillips Edison acquires Publix grocery-anchored center in Florida

    Cincinnati -- Phillips Edison & Company announced it has acquired Berry Town Center, located in Davenport, Florida, 15 miles southwest of Orlando. The grocery-anchored shopping center is 99,441 sq. ft. anchored by Publix and features retailers Leslie’s Pool Supplies, Regis, and Linksters Tap Room.
  • Dick's Sporting Goods taps marketing head to head up new store format

    Lauren Hobart has been elevated to the role of executive VP at Dick’s Sporting Goods and given responsibility for a potential new growth vehicle. Hobart was named executive VP, CMO and general manager of Dick’s new women’s specialty fitness store format, which is branded as Chelsea Collective. Only two store are in operation currently, in McLean, Virginia. and Pittsburgh, but greater growth could be in store now that Dick’s has given a senior executive oversight of the concept.
  • First Look: Primark, Boston

    Photos: Dalziel & Pow, London

  • CITYPLACE DORAL

    Location: Doral, Florida

    Size: 600,000 sq. ft.

    Owner: The Related Group, Related Development LLC, Shoma Homes

    Key Tenants: Fresh Market, CinéBistro-Cobb Theatre, Kings Bowling

    Other uses/components: 1,000 new luxury residences

    Status: Under construction, set for completion Q4 2016

  • PLYMOUTH MEETING MALL

    Location: Plymouth Meeting, Pennsylvania

    Size: 948,000 sq. ft.

    Owner: PREIT

    Key Tenants: Whole Foods Market, Dave & Buster’s, Redstone American Grill, P.F. Chang’s, Benihana, California Pizza Kitchen, Zoes Kitchen, American Eagle Outfitters, Charming Charlie, Express, Gymboree, H&M, J.Crew Factory, Orvis

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