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REAL ESTATE

  • GlamOn launches automated store at Harrah’s resort

    Hollywood, Calif. - Direct-to-consumer cosmetics retailer GlamOn Inc. is operating an automated beauty store at Harrah's Resort Southern California in Valley Center, California. The store is based on an automated retailing system from AVT Inc.

    The system is the first of its kind that provides luxury beauty products, skin care, hair care, grooming items and gifts, from an automated retailing center. The selections are usually only sold in luxury stores, upscale dermatologist offices, and exclusive spas, as well as the GlamOn e-commerce site.

     

  • Saks to anchor new center in Miami

    New York -- Saks Fifth Avenue will open a three-level, 107,000-sq.-ft. store in Brickell City Centre, Miami.

    The store, scheduled to open in fall 2016, will help anchor the mixed-use development, which is currently under construction. The project includes residential, office and hotel space, along with a 565,000-sq.-ft. shopping center.

  • Top industry groups agree to streamline green building tool development

    Washington, D.C. -- In a first, the International Code Council (ICC), ASHRAE, the American Institute of Architects (AIA), the Illuminating Engineering Society of North America (IES) and the U.S. Green Building Council (USGBC) have come together and signed an agreement to collaborate on the development of Standard 189.1, the International Green Construction Code (IgCC) and the LEED green building program.

  • Philips Edison/ARC acquires two centers in Florida

    Cincinnati -- Phillips Edison/ARC Grovery Center REIT II, announced the acquisition of two grocery-anchored shopping centers, Lake Washington Crossing and MetroWest Village. These acquisitions expand the company's portfolio to include the state of Florida.

    Lake Washington Crossing is a Publix grocery store-anchored shopping center located in Melbourne, Florida, approximately 35 miles east of Orlando. Other national and regional tenants featured at the 118,698 sq.-ft. shopping center include Sally Beauty, Pizza Hut, KFC and H&R Block.

  • Baker Katz completes Dave & Buster’s lease in Houston

    Houston -- Baker Katz, an X Team International partner, announced that it has completed the lease of a 40,000-sq.-ft. Dave & Buster's in Houston.     

    Located in the Baybrook Mall expansion project, this will be the third Dave & Buster's location to open in the Houston area.

     

  • Cushman & Wakefield appoints new head of U.S. property management

    New York -- Cushman & Wakefield announced that Michael Prabhu has joined the firm as the U.S. head of Property Management.

    Based in downtown Los Angeles, Prabhu’s focus will be on the strategic growth of the firm’s property management business in the U.S.

  • JLL effects sale of Lake Washington Crossing

    Orlando, Fla. -- JLL’s Capital Markets experts announced the firm has closed the sale of Lake Washington Crossing on behalf of WSRI-SRP Lake Washington, LLC.

    Baltimore-based Philips Edison Group, LLC, purchased the 118,698-sq.-ft. grocery-anchored shopping center, located near Florida’s ocean coast, in the town of Melbourne.

    Managing Directors Kris Cooper, Margaret Caldwell and Carson Good led the JLL team on the transaction.

  • PetSmart to open at Dadeland Station

    Miami -- Berkowitz Development Group announced the signing of a new long-term lease with PetSmart for 14,252 sq. ft. at Dadeland Station, a 330,000-sq.-ft. shopping center located at 8312 S Dixie Highway in Miami.

    The new PetSmart store, which will include an on-site, full-service Banfield Pet Hospital, is slated to open during fourth quarter 2014.

    Current tenants include Target, Michael’s, Bed Bath & Beyond, The Sport’s Authority and Best Buy.

     

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