REAL ESTATE

Swarovski dazzles in Vegas; shoppers can ‘barter’ for goods at new store
Las Vegas -- A giant “starburst ” a 14-ft.-diameter structure composed of 911 custom-cut Swarovski crystal spheres that put on a dazzling show at midnight, is the sparkling centerpiece of Las Vegas’ newest retail destination, Grand Bazaar Shops. The starburst, was created for — and towers above—the outdoor center’s new Swarovski store, whose exterior is composed of dozens of large, angular facets designed to make it resemble a cut crystal.
dd's Discounts to open in Oxnard, California
Dublin, Calif. -- dd’s Discounts, a division of Ross Stores, Inc., will open a new store in Oxnard, California. The opening date is scheduled for Feb. 28.

The new store is located in Fremont Square along North Ventura Road and Doris Avenue in North Oxnard.

California is the retailer’s largest state with a total of 68 stores. Including this new location, dd’s Discounts will operate 156 locations in 15 states.

dd's Discounts to open in Waco, Texas

Dublin, Calif. -- dd’s Discounts, a division of Ross Stores, Inc., will open a new store in Waco, Texas. The new store is slated to open Feb. 28 and is located in the Parkdale Shopping Center at North Valley Mills Drive and Bosque Boulevard, 13 miles southwest of Baylor University.

Texas is the retailer’s second largest state with a total of 32 stores. Including this new location, dd’s Discounts will operate over 155 locations in 15 states.
Davidoff of Geneva to open flagship at MetWest International mixed-use center

Tampa, Fla. -- Davidoff of Geneva has announced the opening of a flagship store in its Tampa, Florida, hometown. The company signed a 5,000-sq.-ft. lease at MetWest International in Tampa’s Westshore Business District. It is slated to open in late 2015.
JLL expands development platform with new executive

Chicago -- JLL announced the expansion of its retail team with the addition of Bill Moston. Moston joins JLL as a senior VP, National Retail Development, and brings nearly 30 years of experience to JLL. He will be based out of the firm’s Chicago office.

In his new role, Moston will be responsible for advising JLL’s clients and executing on ground-up retail projects, redevelopments and renovations across the United States, as well as managing anchor store negotiations and tenant coordination.
RSA to lease Crosswinds in St. Petersburg; Beall’s Outlet to anchor

Lakeland, Fla. -- Retail Solutions Advisors (RSA) has been selected as the exclusive leasing representative for Crosswinds, a 139,037-sq.-ft. community shopping center near Tyrone Square Mall in St. Petersburg, Florida.

Current anchors include Marshall’s, Michael’s and Bed Bath and Beyond.

The property is owned by Crosswinds St Pete, LLC, who will continue to manage the center.
Mid-America handles sale of The Plaza at Prairie Ridge

Pleasant Prairie, Wis. -- Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of The Plaza at Prairie Ridge located in Pleasant Prairie (Kenosha County), Wisconsin. The 9,035-sq.-ft. three-tenant center was purchased by Mark Cosenza, VP of Oak Brook, Illinois-based Inland Real Estate Acquisitions, Inc. The seller was Milwaukee-based Evo Properties, LLC.
New rue21 flagship store targets teens with high-tech features

Cranberry Township, Pa. -- Teen retailer rue21 announced the opening of its flagship, which is located less than one mile from its corporate office. The 8,000-sq.-ft. store includes apparel and accessories for both girls and guys as well as the chain’s newest and fastest-growing division, rue+ plus sizes. The merchandise mix also features fragrance, beauty and room decor.
Hilldale brings two new local concepts to Madison

Madison, Wis. -- Two locally owned businesses – Mes Amies and Waxing the City – will join the tenant lineup as part of the redevelopment of Hilldale shopping center, located in Madison, Wisconsin.

Women’s apparel boutique Mes Amies will open this summer, a relocation from Chicago. And waxing and personal care studio Waxing the City will make its Wisconsin debut with the Hilldale store, also slated to open summer 2015.
Chico’s Q4 loss widens; to close more stores, reduce headcount

Fort Myers, Fla. – Chico’s FAS Inc. announced plans to open 40 new stores and spend $30 million rolling out new POS systems, including mobile technology, in fiscal 2015. But the retailer also said it would shutter 120 existing locations over the next two years to improve its overall store fleet productivity and slash jobs. The closings are expected to ultimately result in expense savings of approximately $55.2 million upon completion.