REAL ESTATE

  • Greco to market Summit Plaza in Hackensack, N.J.

    Hackensack, N.J. — Alfred Sanzari Enterprises has appointed The Greco Realty Group exclusive leasing agent for Summit Plaza in Hackensack, N.J.

    A recently expanded 62,000-sq.-ft. Super Stop & Shop anchors the 100,000-sq.-ft. Summit Plaza. Service and retail tenants include Harmon Cosmetics, GNC, Payless ShoeSource, RadioShack, Dress Barn, the UPS Store, GameStop and Blimpie plus the typical neighborhood services such as a nail salon, dry cleaner and a pizzeria.

  • Publix to anchor Doral Commons in Doral, Fla.

    Miami -- Publix Super Markets will open a 49,000-sq.-ft. supermarket and pharmacy to anchor Terra Group’s latest retail center development, Doral Commons in Doral, Fla. The 140,000-sq.-ft. center is located in one of the fastest growing residential areas of Miami Dade County.

    Courtelis Company represented Terra Group in the lease negotiation with Publix and will continue to represent the company in the leasing of the remaining available space in Doral Commons.

  • Chico’s to enter Mexico in partnership with Liverpool

    New York -- Chico's FAS will launch its namesake brand in Mexico, through an exclusive franchise with El Puerto de Liverpool, S.A.B. de C. V. ("Liverpool"), starting with a stand-alone boutique at Perisur Mall, Mexico City, in spring 2014.

    Plans for the Chico's expansion in Mexico include the opening of stand-alone stores as well as branded shop-in-shops in Liverpool department stores. The second stand-alone boutique will open in Villahermosa, Tabasco.

  • Ruth’s Chris opens in Denver

    Orlando, Fla. — Ruth’s Chris Steak House has opened a new location in Denver — in the historic Denver Dry Goods Building. The contemporary space spans nearly 10,000 sq. ft. and boasts a grand lounge, three private event rooms, a dining room and a state-of-the-art kitchen anchored by Ruth’s Chris’ signature and proprietary 1,800-degree broiler.

    Ruth’s Chris is the largest upscale steak house company in the world, with nearly 140 restaurant locations around the globe.

     

  • Woodmont to expand Streetsboro Commons

    Dallas-Fort Worth, Texas — The Woodmont Company plans to break ground in February on a new building at its Streetsboro Commons development in Streetsboro, Ohio. The new building, located on a pad, is already about 80% pre-leased to three national tenants: Starbucks, Jimmy John’s and Midwest Mobility Services/AT&T dealer.

  • McAlister’s Deli partners with Buxton for growth, location optimization

    Fort Worth, Texas -- McAlister's Deli has partnered with Buxton to identify the best market opportunities for continued growth. Buxton's restaurant expertise and Scout platform will allow McAlister's to quantify growth potential and optimize locations of new and existing restaurants.

  • Alaska lodging resort to include open market

    Philadelphia – Aramark has unveiled plans for Denali Park Village, a new lodging experience in Anchorage, Alaska, that will include an open market. The company is transforming and re-branding two adjacent properties it owns, McKinley Village Lodge and Denali River Cabins & Cedar Lodge, with a projected May 2014 opening.

  • Plan to redo Portland’s Lloyd Center is unveiled

    Portland, Ore. — Cypress Equities, the management company for Lloyd Center, has shared its initial plans for updating the historic shopping center in the Lloyd District adjacent to downtown Portland.

    The proposal, which has been submitted to city officials, calls for two entirely new pedestrian entryways designed to provide greater access to the shopping center and to build synergy with the stir of activity along Multnomah Street.

  • Hanley logs 10 December retail property sales

    Irvine, Calif. — Hanley Investment Group Real Estate Advisors closed out 2013 with 10 retail property sales totaling nearly $61 million in December. For the year, Hanley logged sales of more than $315 million. Among the December sales were:

  • Value-adding at Tri-Land

    Tri-Land Properties is demonstrating the power of value added retail real estate investing with its extensive renovation of Fridley Market at the intersection of University Avenue and I-694 in Fridley, Minn.

    Tri-Land is a full-service, real estate development and redevelopment company focused on the successful acquisition, development, renovation and management of community centers ranging in size from 100,000 sq. ft. to 750,000 sq. ft.

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