REAL ESTATE

Pine Tree Commercial Realty acquires South Pasadena Shopping Center
Tampa, Fla. -- Northbrook, Illinois-based Pine Tree Commercial Realty, LLC announced that it has acquired South Pasadena Shopping Center, a grocery-anchored community shopping center located in South Pasadena (Tampa), Florida, for $21.1 million. The recent acquisition is Pine Tree’s 73rd and brings the company’s current portfolio to 3.5 million sq. ft. in 15 states.
Uniqlo opens at Great Mall Oct. 31
New York -- Uniqlo is opening a store at Great Mall in Milpitas, California on Friday, Oct. 31. The new addition signifies the completion of a redesign of Great Mall’s interior mid-section, which has allowed for additional retail space. This space reconfiguration has extended Great Mall’s growing fashion corridor with other popular retailers, including Guess Factory Store and an expanded Tommy Hilfiger Company store.

GBT Realty adds tenants to Middletown Commons

Louisville, Ky. -- Brentwood, Tennessee-based GBT Realty Corp. announced an expanded tenant line-up that brings a Louisville, Kentucky, regional shopping center to over 90% leased. Middletown Commons will see its first tenants opening in November; construction is currently underway.
Tuesday Morning to open at Blue Star Shopping Center

Watchung, N.J. -- Tuesday Morning is set to join the tenant mix at Blue Star Shopping Center in Watchung, New Jersey, with plans to open an 11,000-sq.-ft. store at the 419,000-sq.-ft. shopping center.
Cypress Equities acquires Corner Shopping Center

Dallas -- Cypress Equities companies announced that its affiliated Cypress Acquisition Partners Retail Fund has closed on the acquisition of The Corner Shopping Center in Dallas. The project is a community shopping center, located on the northeast corner of Walnut Hill and the US-75 Central Expressway.
BH Properties acquires Los Altos Crossing for $4.7 million

Sparks, Nev. -- BH Properties, a Los Angeles-based firm that specializes in acquiring and repositioning challenged or distressed real estate properties, has purchased Los Altos Crossing, a retail center located at Sparks Boulevard and Los Altos Parkway in Sparks, Nev., for $6 million.
Polaroid Fotobar to open seven mini-stores in Westfield malls in California

Boca Raton, Fla. -- Polaroid Fotobar will open seven “micro-retail” locations in select Westfield Malls throughout California. The 300-sq.-ft. spaces will offer services and products that allows shoppers to turn their digital images into physical prints and framed pieces of art.
Marcus & Millichap names senior director of National Retail Group

St. Louis --Marcus & Millichap announced that Brett Chetek has rejoined the firm as senior director of the National Retail Group in the firm’s St. Louis office.
Winick completes a pair of retail leases at PowerHouse Condominium

New York -- Winick Realty Group has secured two retail leases at the base of the 177-unit PowerHouse Condominium, located at 50-09 Second Street in Long Island City, N.Y. The 6,422-square-foot space, which landlord V Partners refurbished following Hurricane Sandy-related flooding, was divided to accommodate incoming tenant Tiger J Taekwondo and an expansion by existing building tenant Brighter Babies.
Vaughan Mills opens 50-store expansion

Toronto, Canada - An $87 million, 200,000-sq.-ft., 50-store expansion has been opened to the public at Vaughan Mills Shopping Centre, operated by Ivanhoe Cambridge. The expansion on the east side of the property features an Event Court, a digital lounge and a Sport Neighborhood.