REAL ESTATE

Forever 21 to open at The Shops at SkyView Center
Flushing, New York - The Shops at Sky View Center announced that Forever 21 has signed a lease with plans to open at the Queens shopping destination this coming spring. The store, to be located on Level D across from Nordstrom Rack, will occupy a 10,093 sq. ft.
The Container Store and more opening stores at Westchester’s Ridge Hill
Yonkers, New York - Forest City Ratner Companies, owner and developer of Westchester’s Ridge Hill in Yonkers, New York, announced that The Container Store will occupy 25,000 sq. ft. on Market Street across from The Whole Foods Market Yonkers.

Paster Enterprises rebrands to Paster Properties

St. Paul, Minnesota - Shopping center developer and manager Paster Enterprises has rebranded to Paster Properties, and has debuted a new look and website.
Real estate report: Luxury retail is a high-growth category

Seattle - Colliers International released the highlights of its latest global retail report – examining 125 retail real estate markets in 50 countries – and found that luxury retail continues to show strong growth in the top global markets and prime cities in Asia.
Cabela’s expanding retail footprint with two new stores

SIDNEY, Nebraska — Cabela’s Inc. is expanding into new markets, with plans to open a store in Gainesville, Virginia, and Ottawa, Ontario, Canada.
Miracle Mile welcomes new retail tenants

Chicago -– During the upcoming winter, Miracle Mile Shops at Planet Hollywood Resort & Casino will convert nearly 6,000-sq.-ft. of open space into four new retail destinations by welcoming M•A•C Cosmetics, Desigual and Lush Fresh Handmade Cosmetics and opening a larger, renovated House of Hoops by Foot Locker. M•A•C Cosmetics opens in December, followed later in the winter by global apparel retailer Desigual.
Store of the Week: Starbucks, Seattle

There are more than 20,000 Starbucks around the globe, but only one of those stores—specifically the one in the artsy Fremont section of Seattle— has a five-foot tall neon letter “f” inside it. Read more
Square One mall unveils $60-million wing, launches $480-million expansion

Mississauga, Ontario -- Canadian mall Square One has opened its newly renovated and expanded $60-million North side wing, featuring new stores and enhanced amenities and services in 78,000 sq. ft. The opening marks the completion of the second phase in Square One's multi-phase redevelopment, which will increase retail space to 2.1 million sq. ft. by 2016 and represents a total investment of more than $480 million.
CBRE awarded asset management, lease admin contract for Standard Chartered Bank

Los Angeles -- CBRE Group, Inc. has been appointed by Standard Chartered Bank to provide asset management and lease administration services across the bank’s commercial property portfolio.
The Villagio at Cinco Ranch lifestyle center changes hands

Houston -- Marcus & Millichap announced the sale of The Villagio at Cinco Ranch, an 111,963-sq.-ft. lifestyle shopping center in Katy, Texas. The asset had a list price of $31,290,000; however, the terms of the sale of were not released. Derek Hargrove, senior associate, and Justin Miller, vice president investments, had the exclusive listing to market the property on behalf of the seller, The Marcel Group.