\r\n\t \r","showSummary":null,"url":"/real-estate/sprouts-farmers-market-join-strong-station","date":"2014-12-02T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":{"id":38993,"url":"https://assets1.chainstoreage.com/styles/secondary_articles_short/s3/teaser_image_33334.jpg?itok=39x4b3Hy","width":767,"height":575,"alt":null},"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Mattress Firm meets Street with Q3 profit, plans store growth","id":67716,"bundle":"article","summary":"
Houston - Mattress Firm Holdings met Wall Street expectations with its financial performance in the third quarter of fiscal 2014. In addition, the company increased its guidance for store growth in the fiscal year 2014, and now plans to have opened a total of 200-220 new stores and acquire 665 stores by the end of the fiscal year. \r\n\t \r\n\tThe new store total includes 163 stores opened and 619 acquired so far this year. \r\n\t \r","showSummary":null,"url":"/real-estate/mattress-firm-meets-street-q3-profit-plans-store-growth","date":"2014-12-02T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Men’s Wearhouse to open first-ever Joseph Abboud freestanding store","id":67741,"bundle":"article","summary":"\r\n\tFremont, Calif. - Men's Wearhouse will open the first-ever Joseph Abboud retail store in midtown Manhattan in spring 2015. The store follows the launch of JosephAbboud.com in early November. \r\n\r\n\t \r\n\r","showSummary":null,"url":"/real-estate/mens-wearhouse-open-first-ever-joseph-abboud-freestanding-store","date":"2014-12-01T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":{"id":38948,"url":"https://assets1.chainstoreage.com/styles/secondary_articles_short/s3/teaser_image_33315.jpg?itok=AmT0Nxdm","width":767,"height":575,"alt":null},"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Restoration Hardware opens Atlanta gallery","id":67737,"bundle":"article","summary":"\r\n\tCorte Madera, Calif. – Restoration Hardware Holdings Inc. has opened RH, The Gallery at the Estate in Buckhead, Georgia. Featuring six floors and nearly 70,000 total interior and exterior square feet, the new retail concept features dramatic interior and exterior installations of home furnishings in a gallery setting.\r\n\r\n\t \r\n\r","showSummary":null,"url":"/real-estate/restoration-hardware-opens-atlanta-gallery","date":"2014-12-01T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":{"id":38958,"url":"https://assets1.chainstoreage.com/styles/secondary_articles_short/s3/teaser_image_33319.jpg?itok=Mux854jJ","width":767,"height":575,"alt":null},"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Lowe’s plans 3 new Canadian stores","id":67739,"bundle":"article","summary":"\r\n\tMooresville, N.C. – Lowe’s Companies Inc. will open three new stores in Canada, starting with a 94,500-sq.-ft. store in Lethbridge, Alberta in spring 2015. Lowe’s also plans to open an 86,000-sq.-ft. store in Saskatoon, Saskatchewan and a 75,000-sq.-ft. store in Saulte Ste. Marie, Ontario.\r\n\r\n\t \r\n\r","showSummary":null,"url":"/real-estate/lowes-plans-3-new-canadian-stores","date":"2014-12-01T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":{"id":38954,"url":"https://assets1.chainstoreage.com/styles/secondary_articles_short/s3/teaser_image_33317.jpg?itok=Ik5cXg2n","width":767,"height":575,"alt":null},"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Top five priciest retail rents in the world go to…","id":67764,"bundle":"article","summary":"\r\n\tNew York - Manhattan’s high-profile Fifth Avenue, at a whopping $3,550 per sq. ft., and Hong Kong’s Queen’s Road Central, at $2,073 per sq. ft., stand out as the most expensive retail rents in the world, according to Colliers International. Rounding out the top five are Hong Kong’s Canton Road, Manhattan’s Madison Avenue and Paris’ Champs Elysees. (See end of story for a more complete list.)\r\n\r\n\t \r\n\r","showSummary":null,"url":"/real-estate/top-five-priciest-retail-rents-world-go-to","date":"2014-11-26T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":{"id":38890,"url":"https://assets1.chainstoreage.com/styles/secondary_articles_short/s3/teaser_image_33292.jpg?itok=deb6jIwv","width":767,"height":575,"alt":null},"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Fred’s turns red in Q3, will close 47 stores","id":67769,"bundle":"article","summary":"\r\n\tMemphis, Tenn. – Fred’s Inc. swung to a net loss of $10.4 million in the third quarter of fiscal 2014, compared to net income of $7.3 million in the same quarter a year earlier. Costs associated with closing five underperforming stores in the third quarter, and an anticipated 47 stores in the fourth quarter, contributed to the loss, which exceeded Wall Street projections. However Fred’s beat the Street with third quarter sales of$476.2 million, up 3% from $460.5 million. Same-store sales rose 0.3%.\r\n\r\n\t\r\n\r","showSummary":null,"url":"/real-estate/freds-turns-red-q3-will-close-47-stores-2","date":"2014-11-26T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":{"id":38878,"url":"https://assets1.chainstoreage.com/styles/secondary_articles_short/s3/teaser_image_33286.jpg?itok=V6wISJ4N","width":767,"height":575,"alt":null},"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"HomeGoods joins Whole Foods in the Mayfair Collection","id":67761,"bundle":"article","summary":"\r\n\tChicago - HSA Commercial Real Estate announced that the firm has executed a 22,454-sq.-ft. lease with HomeGoods for the second phase of The Mayfair Collection, which is now under construction in Wauwatosa (Milwaukee), Wisconsin. HomeGoods will occupy the northern end cap of a building to be anchored by a 45,150-sq.-ft. Whole Foods Market.\r\n\r\n\t \r\n\r","showSummary":null,"url":"/real-estate/homegoods-joins-whole-foods-mayfair-collection","date":"2014-11-26T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":{"id":38898,"url":"https://assets1.chainstoreage.com/styles/secondary_articles_short/s3/teaser_image_33295.jpg?itok=kT-eW31f","width":767,"height":575,"alt":null},"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Esplanade mixed-use property to undergo major renovation","id":67762,"bundle":"article","summary":"\r\n\tPhoenix - The Esplanade mixed-use development on E. Camelback Road in Phoenix will under significant renovations beginning in first quarter of 2015, according to third-party manager CBRE.\r\n\r\n\t \r\n\r","showSummary":null,"url":"/real-estate/esplanade-mixed-use-property-undergo-major-renovation","date":"2014-11-26T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":{"id":38895,"url":"https://assets1.chainstoreage.com/styles/secondary_articles_short/s3/teaser_image_33294.jpg?itok=L5sH9Z0b","width":767,"height":575,"alt":null},"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"On the Rebound","id":67783,"bundle":"article","summary":"
Northeast retail real estate benefits from region’s improving economy
The country as a whole has weathered some difficult economic times in the past several years, with the Northeast among the hardest-hit regions.","showSummary":null,"url":"/real-estate/rebound","date":"2014-11-25T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":{"id":38842,"url":"https://assets1.chainstoreage.com/styles/secondary_articles_short/s3/teaser_image_33272.jpg?itok=-eQr_OGD","width":767,"height":575,"alt":null},"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]}]},"title":"REAL ESTATE","contentParagraphs":null,"sections":null};
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Huntsville, Alabama - GBT Realty Corp. announced the expansion of Strong Station, a 180,000-sq.-ft. neighborhood center in Huntsville, Alabama, currently tenanted by Academy Sports + Outdoor. Nearly 96% leased, the $16-million Phase II adds 95,000 sq. ft. of retail on nine acres to the east of the existing sporting goods store.
Houston - Mattress Firm Holdings met Wall Street expectations with its financial performance in the third quarter of fiscal 2014. In addition, the company increased its guidance for store growth in the fiscal year 2014, and now plans to have opened a total of 200-220 new stores and acquire 665 stores by the end of the fiscal year.
The new store total includes 163 stores opened and 619 acquired so far this year.
Fremont, Calif. - Men's Wearhouse will open the first-ever Joseph Abboud retail store in midtown Manhattan in spring 2015. The store follows the launch of JosephAbboud.com in early November.
Corte Madera, Calif. – Restoration Hardware Holdings Inc. has opened RH, The Gallery at the Estate in Buckhead, Georgia. Featuring six floors and nearly 70,000 total interior and exterior square feet, the new retail concept features dramatic interior and exterior installations of home furnishings in a gallery setting.
Mooresville, N.C. – Lowe’s Companies Inc. will open three new stores in Canada, starting with a 94,500-sq.-ft. store in Lethbridge, Alberta in spring 2015. Lowe’s also plans to open an 86,000-sq.-ft. store in Saskatoon, Saskatchewan and a 75,000-sq.-ft. store in Saulte Ste. Marie, Ontario.
New York - Manhattan’s high-profile Fifth Avenue, at a whopping $3,550 per sq. ft., and Hong Kong’s Queen’s Road Central, at $2,073 per sq. ft., stand out as the most expensive retail rents in the world, according to Colliers International. Rounding out the top five are Hong Kong’s Canton Road, Manhattan’s Madison Avenue and Paris’ Champs Elysees. (See end of story for a more complete list.)
Memphis, Tenn. – Fred’s Inc. swung to a net loss of $10.4 million in the third quarter of fiscal 2014, compared to net income of $7.3 million in the same quarter a year earlier. Costs associated with closing five underperforming stores in the third quarter, and an anticipated 47 stores in the fourth quarter, contributed to the loss, which exceeded Wall Street projections. However Fred’s beat the Street with third quarter sales of$476.2 million, up 3% from $460.5 million. Same-store sales rose 0.3%.
Chicago - HSA Commercial Real Estate announced that the firm has executed a 22,454-sq.-ft. lease with HomeGoods for the second phase of The Mayfair Collection, which is now under construction in Wauwatosa (Milwaukee), Wisconsin. HomeGoods will occupy the northern end cap of a building to be anchored by a 45,150-sq.-ft. Whole Foods Market.
Phoenix - The Esplanade mixed-use development on E. Camelback Road in Phoenix will under significant renovations beginning in first quarter of 2015, according to third-party manager CBRE.