REAL ESTATE

  • British clothier Jack Wills to expand U.S. store count

    New York — British apparel retailer Jack Wills is looking to nearly double its store count in the United States, according to various reports in the U.K. media.

    The company, which specializes in preppy clothing for young men and women, currently operates 11 U.S. locations and has plans to add eight to 10 stores next year. It made its U.S. debut in 2010, in Massachusetts.

  • Cole and RED form joint venture

    Phoenix -- Cole Real Estate Investments announced the formation of a joint venture with RED Development to focus on future acquisition opportunities, recapitalizations and note purchases in the retail real estate sector. 

  • Edens & Avant acquires Union Planters Plaza

    Fort Lauderdale, Fla. -- Columbia, S.C.-based Edens & Avant said it has purchased Union Planters Plaza, a 155,000-sq.-ft., Whole Foods-anchored retail center in Fort Lauderdale, Fla. 

    Located in one of Broward County’s most active regional corridors, Union Planters Plaza was originally built in 1989 and expanded in 2000 and sits on a total of 14.6 acres. Union Planters Plaza is the 25th retail center owned by Edens & Avant in the Florida market, including 12 centers in South Florida. 

  • Shoe Lab opens at Janss Marketplace

    Thousand Oaks, Calif. -- Shoe repair store Shoe Lab has opened at Janss Marketplace, in Thousand Oaks, Calif., joining tenants such as Burlington Coat Factory, Marshalls, Buca di Beppo, Qdoba Mexican Grill, Panera Bread, Gold’s Gym, Old Navy, Mann Theaters, and TGI Friday’s. 

    Janss Marketplace is managed by NewMark Merrill Cos., LLC.

  • Shoppes at Hartford leases 24,000 sq. ft. of new retail

    Madison, Wis. -- Lee & Associates’ Madison office said it has completed $2.8 million of leases at The Shoppes at Hartford; a 24,000-sq.-ft. retail center in Hartford, Wis. 

    Located next to a new Wal-Mart Super Center, Lee Madison had the center 75% pre-leased before construction commenced and 100% leased before construction was finalized. Construction commenced April 1, and all tenants are expected to open before Christmas 2011.

  • Dick’s Sporting Goods celebrates three grand openings

    Pittsburgh -- Dick’s Sporting Goods announced the opening of three stores. 

    The company will will open the doors to its stores in Suffolk, Va., Burlington, N.C., and  El Cajon, Calif., on Wednesday, Oct. 5

  • Nordstrom Rack to open in Temecula, Calif.

    Seattle -- Nordstrom announced plans to open a new Nordstrom Rack in Temecula, Calif.

    The 35,700-sq-ft, store is scheduled to open during spring 2012 at Commons at Temecula, a regional shopping center. It will occupy the former Linens 'n Things space.
     

  • DSW ups Western U.S. presence

    Columbus, Ohio -- DSW said Thursday that it opened two new stores on Sept. 28.

    A new store opened at Vintage Oaks Shopping Center in Novato, Calif., and a new store opened the same day in Boise, Idaho, at Franklin Towne Plaza.

     

  • Yogurtini opens first of 10 southern Florida self-serve outlets

    Tempe, Ariz. -- Self-serve frozen yogurt concept Yogurtini said Thursday it will open the first of 10 stores planned for the southern Florida area.

    A unit in Coral Springs, Fla., will open on Oct. 1, marking the first of 10 franchise locations through an area-development deal with Emilio and Javier Braun.

    The brothers, who are based in Miami, are in the process of opening stores in Davie, Fort Lauderdale and the Hammocks Community in South Miami-Dade County.
     

  • Mixed-use makes for good retail

    As part of our in-depth coverage of mixed-use developments – see the October 2011 issue of Chain Store Age – we talked with Rob Wetherald, VP development for Peoria, Ill.-based Cullinan Properties, Ltd., owner and developer of the Streets of St. Charles mixed-use project in metro St. Louis, about how the format draws, and supports, retail.

    How important are design and amenities to today’s mixed-use projects, especially with regard to the retail component?

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