REAL ESTATE

  • 7-Eleven to grow Manhattan presence

    New York City -- A Friday report in Crain’s New York Business said that Dallas-based 7-Eleven, which currently has 12 c-stores in Manhattan, plans to open another 14 in 2012.

    Parent company Seven & I Holdings Co. said some of the 14 spaces were leased last year, but others have not been sited yet. Neighborhoods to be developed include Midtown, Greenwich Village, Chelsea and the Upper East Side. The Financial District is also on the boards, according to the report, which said that another 20 locations are planned between 2013 and 2017.

  • J. Crew identifies new Canadian locations

    Vancouver -- J. Crew has announced three new Canadian store openings, according to a report in the Financial Post.

    The new locations include stores in Vancouver, Edmonton and Toronto, and will join the sole store already open in the country as well as herald the launch of the retailer’s men’s apparel line in Canada.

  • CSA columnist talks real estate in Kansas City

    Kansas City, Mo. -- Chain Store Age real estate columnist Jeff Green, featured regularly on Chainstoreage.com’s community page with his “Retail Rap with Jeff Green” commentary, was interviewed by the Kansas City Star about trends in retail real estate. 

    Click here to read the story.
     

  • The Art of Shaving opens at Cherry Hill Mall

    Cherry Hill, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that The Art of Shaving has opened at its Cherry Hill Mall, located in Cherry Hill, N.J.

    The 357-sq.-ft. kiosk is located by the Grand Court.
     

  • Regency Centers completes first solar panel installation

    Jacksonville, Fla. -- Regency Centers has announced the installation of the company’s first solar energy system at the Shops at Saugus in Saugus, Mass. The 18,740-sq.-ft. photovoltaic array, built with 1,064 rooftop panels, will generate an estimated 250 KW of renewable energy annually. The zero-emission power source will supply nearly 65% of the power needed by the center’s grocer Trader Joe’s.

  • Gordon Brothers announces senior management additions

    Boston -- Gordon Brothers Group announced that Mark T. Dufton has been named CEO and Neill J. Kelly has been named president of DJM Realty, Gordon Brothers’ real estate management affiliate.

    Dufton has held the role of interim president of DJM Realty since December 2011. He is a former veteran of the company, after having spent nine years with DJM as principal and senior managing director.

    Kelly is also a former DJM executive, having served as managing director from 1999 to 2003. He was previously principal at RK Realty Advisors.

  • Bayer Properties names acquisitions exec

    Birmingham, Ala. -- Bayer Properties announced that Jay Wiseman has been named VP of acquisitions for the company.

    Wiseman was previously with CBL & Associates Properties, Chattanooga, Tenn., where his responsibilities included acquisition of malls, strip centers and office buildings nationwide. He also sourced international investments and established investment platforms in Brazil and China.
     

  • Top Chef Timothy Dean to open restaurant at The Boulevard at the Capital Centre

    Largo, Md. -- Inland Western Retail Real Estate Trust announced that Capital Centre LLC, one of its wholly owned subsidiaries, signed a lease with TD Burger LLC, operating as Timothy Dean Burger, to occupy the 2,000-sq.-ft. space at The Boulevard at the Capital Centre in Largo, Md.

    The restaurant plans to open in the winter of 2012.

  • SRS Real Estate announces new hire

    Dallas – SRS Real Estate Partners announced that Pierce Mayson has joined the company as a senior associate in the Atlanta office.

    Prior to joining SRS, Mayson worked as a retail investment sales broker in Newmark Knight Frank’s southeast capital group.

  • Kitchen Collection to open at Gurnee Mills

    Gurnee, Ill. -- Indianapolis-based The Mills/Simon announced that Kitchen Collection will open at Gurnee Mills, the largest outlet and value retail shopping destination in Illinois.

    Kitchen Collection will open on March 16 and be located near Burlington Coat Factory, Rink Side Sports and Shoppers World.

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