REAL ESTATE

Pittsburgh — Dick’s Sporting Goods has announced the opening of two new stores, one in Wauwatosa, Wis., and the other in Daly City, Calif.

The Wauwatosa location will be Dick’s 8th store in Wisconsin and its 562nd nationwide. The Daly City location will be the 33rd California store and its 563rd in the U.S.

I recently attended the 2014 SPECS (Store Planning, Equipment, Construction Services) conference in Grapevine, Texas, and came away with some fascinating food for thought. The event, which is produced by Chain Store Age, celebrated its 50th anniversary this year.

Port Washington, N.Y. — Cedar Realty Trust has completed the acquisition of Quartermaster Plaza in Philadelphia. The 456,000-sq.-ft. grocery-anchored shopping center is 98% occupied and anchored by a BJ’s Wholesale Club.

Cedar acquired the center for $92.3 million, including the assumption of $53.4 million of fixed rate debt. The company expects ultimately to fund deal with proceeds anticipated from asset sales. Pending those sales, Cedar will use it existing credit facility.

Boise, Idaho - WinCo Foods LLC will open its newest discount supermarket on March 27. The 88,000-sq.-ft. store is the company's second in Bakersfield and reflects WinCo's newer décor package creating a solid, clean feel, which highlights the product, including the hundreds of new WinCo Foods private label items the company has recently introduced.  

Manassas, Va. — Don Lencho Cocina Mexicana has opened at Manassas Shopping Center in Manassas, Va., next to Xtreme Archery. This is the third Washington, D.C., area restaurant owned by the husband and wife team of Juarez and Karen Barroso. The couple also owns Guajillo in Arlington, Va., and Casa Oaxaca in Adams Morgan in Washington, D.C.

The Manassas Shopping Center retail store line-up includes Peebles, Hancock Fabrics, Advance Auto Parts, Tony’s New York Pizza and the Manassas School of Dance.

Burlington, Mass. — New England regional fitness company, Wow! WorkOut World has subleased an 18,474-sq.-ft. space at Pawcatuck Shopping Center in Pawcatuck, Conn. KeyPoint Partners negotiated the sublease on behalf of its client Stop & Shop.

Pawcatuck Shopping Center is a convenience-oriented center with a variety of local tenants and a Rite Aid pharmacy.

The KeyPoint Partners leasing team handles leasing for retail properties totaling nearly six million sq. ft.

Compton, Calif. – Foodsco will open its first store in Oakland, Calif., on March 26. The new 80,000 sq.-ft. supermarket is located in East Oakland's Foothill Square Shopping Center.

New York — Specialty apparel retailer Express has opened a three-level 28,000-sq.-ft. store in the I. Miller building New York City’s Times Square.

“It’s Express on steroids,” said Michael Weiss, the chairman and chief executive officer of Express. “This is an elevated presentation where the homes for each category are much more defined.”