Best Buy plans to reduce its store size by subleasing store space to smaller retailers, according to The Los Angeles Times.
Target on Friday announced that Target Canada has reached an agreement to transfer to Walmart Canada the leasehold interests in up to 39 sites, currently operated by Zellers.
J. Crew announced Friday it will open its first Canadian store in August at the Yorkdale Shopping Centre, located in Toronto.
Centro Properties Group said that Big Lots will open a 40,000-sq.-ft. store at Watson Glen, located in Franklin, Tenn.
Marcus & Millichap Real Estate Investment Services said that it has promoted Mark E. Taylor to first VP investments.
X Team International said that Los Angeles-based partner Cypress Retail Group has completed a lease for the first full-service 24 Hour Fitness SuperSport in North Hollywood, Calif.
Westwood Financial Corp. said it has acquired the Stroh Ranch Retail Center, a 6,336-sq.-ft. property in Parker, Colo., outside Denver.
The Commercial Retail Division of The Weitzman Group said that Just Fitness 4 U has leased 18,900 sq. ft. of anchor space in Spring Creek Village for the chain’s sixth Dallas-Fort Worth location.
Oakbrook Terrace, Ill.-based Mid-America Asset Management Inc. said that Skechers recently signed a lease for 8,690 sq. ft. at Burbank Station in Chicago's west suburbs.
The Rappaport Cos. announced it has named Charlotte B. Strain as senior VP asset management.