REAL ESTATE

  • Pentagon Row’s new parking space sensors tie in with mobile app

    Arlington, Va. -- Pentagon Row, the outdoor shopping and residential center in Pentagon City, Virginia, has installed nearly 2,000 parking space sensors. The sensors, which are located in each of the facility’s parking spaces, record whether a space is occupied, forwarding that information to illuminated signs and the Pentagon Row mobile parking app which direct parkers to the closest available spaces to their final shopping destination.

  • UCR awarded leasing and management of Hill Country Galleria

    Austin, Texas – Retail real estate services provider UCR has been awarded project leasing and management of the retail for Hill Country Galleria, a 1.3 million-sq.-ft. Class A lifestyle/mixed-use development in Bee Cave, Texas. Peloton Commercial Real Estate has been awarded the office leasing assignment.

  • Ross opens new California store Oct. 11

    Dublin, Calif. - Ross Dress for Less will open a new store in Northern California on Oct. 11. The store is located in Rocklin Commons in Rocklin, a suburb in the Sacramento area.  

    This new opening is part of the retailer’s 2014 expansion program, totaling approximately 75 new locations during the year. Together, Ross Dress for Less and DD’s Discounts currently operate over 1,300 off-price apparel and home fashion stores in 33 states, the District of Columbia and Guam.

     

  • Dunkin’ Donuts plans Minnesota franchise expansion

    Canton, Mass. – Dunkin’ Donuts is recruiting franchisees in Minnesota with an emphasis on Minneapolis and Mankato. Seven freestanding Dunkin' Donuts locations are planned to open during the next several years in the greater Duluth area.

    To help fuel growth in Minnesota, special development incentives are available, which include reduced royalty fees for three years and up to $10,000 in local store marketing for stores that meet certain goals.

     

  • DD’s Discounts opens Las Vegas store Sept. 27

    Dublin, Calif. – DD’s Discounts, a division of Ross Stores Inc. will open a new store in Las Vegas on Sept. 27. The store is located in the Winterwood Pavilion.

    Including this new location, DD’s Discounts will operate 150 locations in 14 states and is on schedule to complete its expansion plan to open approximately 20 locations in 2014. Together, Ross Dress for Less and DD’s Discounts currently operate over 1,300 off-price apparel and home fashion stores in 33 states, the District of Columbia and Guam.

     

  • Wahlburgers to open three franchise Las Vegas stores

    Hingham, Mass. – Fast-casual burger chain Wahlburgers has signed a three-restaurant franchise agreement in Las Vegas with Vegas American Hospitality Inc. Wahlburgers will debut in Las Vegas in early 2015 with the opening of its first restaurant at a location soon to be disclosed.  

  • Saks and Saks Off 5th to open stores in downtown Manhattan

    Toronto -- One of the nation’s most venerable department store brands, Saks Fifth Avenue, has given a big boost to the retail revitalization of Lower Manhattan. Saks’ parent Hudson’s Bay Company has signed a lease with Brookfield Property Partners to open two stores in downtown Manhattan: a 85,000-sq.-ft. Saks Fifth Avenue store in Brookfield Place (formerly called the World Financial Center), and a 55,000-sq.-ft. Saks Off 5th store at One Liberty Plaza.

  • Simon to bring AC Hotels by Marriott to Phipps Plaza

    Indianapolis - Simon and Noble Investment Group, a real estate private equity firm, which specializes in the lodging and hospitality real estate sector, have launched a joint venture that will bring the AC Hotels by Marriott brand to Phipps Plaza, a luxury shopping destination located in Atlanta's Buckhead district.

  • Woodmont Co. secures pair of leases for Altitude Trampoline Park

    San Antonio, Texas -- The Woodmont Company has completed two, five-year leases with Altitude Trampoline Park for new locations in San Antonio and Spring, Texas.

    Altitude Trampoline Park will occupy 27,428 sq. ft. of space at Heubner Oaks Shopping Center in San Antonio, Texas, a lifestyle center anchored by Regal Cinemas. The space is under construction with the grand opening anticipated this fall.

  • DD’s Discounts opens first Louisiana store Sept. 27

    Dublin, Calif. – DD’s Discounts, a division of Ross Stores Inc. will open its first store in Louisiana on Sept. 27. The store is located in the Westside South Shopping Center in Gretna.

    Including this new location, DD’s Discounts will operate approximately 150 locations in 14 states and is on schedule to complete its expansion plan to open approximately 20 locations in 2014.

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