REAL ESTATE

  • Winick Realty Group expands New Jersey office

    New York -- Winick Realty Group announced that its New Jersey office has expanded, leasing a new location at 4 Commerce Drive in Cranford, which doubles the size of the company’s existing office.

    The new 2,500-sq.-ft. office, which is set to open on Oct. 1, will allow the New Jersey branch to eventually accommodate up to 20 brokers and support staff.

    Winick Realty Group said it plans to announce several new hires in its New Jersey office shortly after the completion of the move.

  • Ross Stores opens Phoenix store Oct. 11

    Dublin, Calif. - Ross Dress for Less will open a new store in Arizona on Oct. 11. The store is located in the Maryvale Plaza Shopping Center in Phoenix. 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 more than 1,300 off-price apparel and home fashion stores in 33 states, the District of Columbia and Guam.
     

  • 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.

  • CBRE completes $5.1 million sale of Peoria Marketplace

    Peoria, Ariz. -- CBRE has completed the sale of Peoria Marketplace, a 25,481-sq.-ft. multi-tenant shopping center in Peoria, Arizona. The grocery shadow-anchored retail property was sold for $5.1 million.

    The seller was G and T Retail Properties, LLC of Phoenix, and the buyer was Westlake Village, California-based Barstow Shopping Centers, LLC.

    The property, which was 91% occupied at time of sale, features national tenants like Farmers Insurance, H&R Block, Panda Express, Little Caesar’s Pizza and Subway.

     

  • DD’s Discounts opens Orlando store

    Dublin, Calif. – DD’s Discounts, a division of Ross Stores Inc., will open a new store in Orlando on Sept. 27. The store is located in the Century Plaza. 

    Including this new location, DD’s Discounts will operate approximately 150 locations in 13 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 more than 1,300 off-price apparel and home fashion stores in 33 states, the District of Columbia and Guam.

  • McAlister’s Deli to expand franchises in five states

    Alpharetta, Ga. - McAlister's Deli has signed an agreement with existing franchise group Southern Deli Holdings LLC to open 10 additional locations throughout North and South Carolina, Colorado and Wyoming, with three locations slated to open in late 2014. In addition, the franchise group recently acquired seven existing locations in St. Louis.

    The new development commitments will result in two new restaurants per year during the next five years.

  • Potomac Mills adds new retailers

    Woodbridge, Va. - Potomac Mills, an outlet and value retail shopping center in the Washington, D.C., area with more than 220 stores, is adding A|X Armani Exchange, Steve Madden, an outlet concept for Swarovski and a first-in-market location for Great American Cookies. Potomac Mills also recently added Factory Outlet, Kate Spade New York Outlet, Charlotte Russe and a first-in-state location for The Limited Outlet.

  • Sportsman’s Warehouse to open Colorado, Arizona stores

    Midvale, Utah - Sportsman's Warehouse is expanding with new locations in Sheridan, Colorado and Flagstaff, Arizona. The Sheridan store will be the fifth Sportsman's Warehouse location in the state of Colorado and the Flagstaff location will be the fourth location in the state of Arizona.

    Both of these stores are planned to open in the summer 2015. These locations are part of the eight new stores that Sportsman's Warehouse plans to open in 2015.

  • Pet Supermarket looks to expand

    Sunrise, Fla. - Pet Supermarket has recently opened its 150th store in Bartow, Florida. The per supply retailer now has more than 100 in Florida, as well as stores in Georgia, Alabama, North Carolina, South Carolina, Tennessee, Texas, Kentucky, California and Nevada, and is continuing to consider real estate opportunities in the states and markets it serves, as well as others.

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