Whole Foods Market signed a lease with Federal Realty Investment Trust for a 47,000-sq.-ft. store at Ellisburg Circle Shopping Center in Cherry Hill, N.J. The retailer plans to open its new location in 2014.
In another transaction, Whole Foods Market signed a lease for a store at Westford Valley Marketplace in Westford, Mass. Market Basket currently occupies the property. Whole Foods plans to open its new location in 2016.
Don Mace, of KeyPoint Partners LLC, negotiated this transaction.
Walmart Signs Lease at County Fair Fashion Mall in California
Walmart signed a lease for a 62,000-sq.-ft. store at County Fair Fashion Mall in Woodland, Calif. The space formerly housed a Mervyn’s store.
Urstadt Biddle Appoints New Acquisitions Manager
Urstadt Biddle Properties Inc. hired Zach Fox as acquisitions manager.
Prior to joining Urstadt Biddle, Fox served as director of retail and economic development with the Downtown Alliance. Before that, he was a broker with RKF & Associates and Winick Realty Group. Fox is a member of ICSC, REBNY and ULI.
“We are delighted to announce the appointment of Zach, a well-respected real estate professional in our market,” said James Aries, senior vice president and director of acquisitions with Urstadt Biddle in a statement. “He will greatly assist us in achieving our real estate acquisition goals as we continue to expand our portfolio of shopping centers in the metropolitan New York suburban markets, including Fairfield County, Conn., Westchester, Putnam and Nassau Counties, N.Y. and Northern N.J.”
Multiple Tenants Expand at Bal Harbour Shops in Florida
Several tenants at Bal Harbour Shops in Bal Harbour, Fla. have expanded their spaces.
Dolce & Gabbana expanded its store by 1,000 sq. ft., to 5,876 sq. ft.
Yves Saint Laurent grew by 2,000 sq. ft., to 3,400 sq. ft.
Tory Burch expanded its store by 2,000 sq. ft., to 3,000 sq. ft.
Brioni plans to grow by 1,100 sq. ft. to, 2,000 sq. ft.
Audemars Piguet will expand by 250 sq. ft., to 1,000 sq. ft.
Loro Piana will double its store size to 2,000 sq. ft.
In addition, de Grisogono plans to open a 750-sq.-ft. store at the property in March.
Other Notable News
Walmart relocated its store in North Lauderdale, Fla. to a new 185,000-sq.-ft. location at 7900 W. McNab Road.
Kimbrell’s Furniture signed a lease with Brixmor Property Group for a 25,000-sq.-ft. store at Siler Crossing in Siler City, N.C. Martin Cook served as an in-house representative for Brixmor.
Design Within Reach signed a lease for a 10,000-sq.-ft. store at 4100 NE 2nd Avenue in Miami. Michael Comras and Jonathan Carter, of The Comras Co., negotiated this transaction.
Mid-America Asset Management Inc. promoted Marget Graham to principal. Previously, Graham served as vice president with the company. She specializes in leasing of institutionally-owned properties and landlord representation.