News

The Louis Joliet Mall has announced that two new retailers have come to the mall: Herencia Vaquera and Miniso, adding roughly 16,600 square feet of new tenancy to the center.

Herencia Vaquera is a Western wear boutique offering a wide variety of authentic Western fashion, cowboy boots, jeans, and accessories. Miniso is a global lifestyle retailer known for affordable home goods, beauty products, stationery, toys and licensed character merchandise.

They join Kingdom Deli, which also recently opened in the mall’s food court in July.

Read more about Louis Joliet Mall’s latest leasing activity at Shaw Local.

The Shoppes at Buckland Hills is preparing for a new indoor amusement park in the former anchor space occupied by Bob’s Stores and Dick’s Sporting Goods.

Plans filed with the town show different attractions on each floor. The lower level is slated to include bumper cars, a go-kart track, slides and other recreational facilities, as well as four party rooms. Plans for the upper level show trampolines, obstacle courses and an arcade area, among other attractions.

With the planned amusement park, the Shoppes at Buckland Hills would join malls across Connecticut with large-scale entertainment tenants.

Read more at CT Insider.

The Shoppes at Buckland Hills mall has found an anchor tenant to take over a 2-story vacancy, and conversion work is already underway for the new 80,000-square-foot children’s entertainment complex filling the space.

Plans show that ALI Dream Land would occupy approximately 40,000 square feet on the lower level targeting the younger crowd with elements like party facilities, soft-play areas, climbing apparatus, slides, bumper cars, and a kart track. Apex Adventure Park would take up the other 40,000 square feet on the upper level and will target older children with similar elements plus arcade features.

Read more at Patch.

Namdar Realty Group and Mason Asset Management are set to embark on a redevelopment pipeline in 2024, with plans for eight pending deals and an additional 40 properties earmarked for redevelopment. Read more at ConnectCRE.

JACKSON COUNTY, MI – A long-awaited retail store has opened in Jackson County and a local coffee shop opened in a historic Somerset store.

For more, please read at MLive.com.

Namdar Realty Group and the Franklin County Area Development Corp. (FCADC) have announced plans for the redevelopment of Chambersburg Mall, a 127-acre property located in Chambersburg.

For more information, please read at Shopping Center Business.

Jun. 23—WATERFORD — A Long Island real estate investment firm with a history of snapping up struggling shopping malls and then hanging onto them while investing little in upgrades has purchased Crystal Mall for more than $9.5 million, having offered the winning bid in an online auction last month.

A deed filed Thursday with the town clerk’s office shows three entities with addresses in Great Neck, N.Y., bought the property at 850 Hartford Turnpike from a commercial lender that foreclosed last year on a loan obtained by Simon Property Group.

For more information, please read at The Day

A church that sold its campus to The Journey Church has reopened at Lebanon Outlet Marketplace in the former Nike store space.

“It was positive,” Lebanon Economic Development Director Sarah Haston said. “We discussed their ideas and our ideas to (redevelop) the property and we are looking forward to working out a way to maintain (a) retail component. We are both interested in updating the property and keeping it an interest spot in Lebanon.”

New retail tenants could be announced in the coming weeks, Lebanon Outlet Marketplace General Manager Hugh Graham said.

To read more, please visit The Tennessean.

FORT DODGE, IOWA — Mason Asset Management, Namdar Realty Group and CH Capital Group have sold Crossroads Mall in Fort Dodge in central Iowa. The sales price was $3.3 million. The buyer, Crossroads Plaza Development LLC, plans to redevelop the mall into a series of retail and office spaces. The site will also include a new, five-story hotel. Fort Dodge City Council unanimously passed the redevelopment plan and committed up to $18.2 million of public funds to support construction.

To read more, please visit rebusinessonline.com