REAL ESTATE

  • RadioShack opens new concept stores in Detroit, Philadelphia

    Fort Worth, Texas – RadioShack Corp. has opened a new concept store in Detroit, and another in Philadelphia. All new concept stores in the company's portfolio feature an upgraded shopping experience, which showcases the company's new look, and incorporates interactive areas designed to help shoppers improve their technology profile.

  • Sam’s Club relocates to Raymore from Grandview

    Raymore, Mo. — Sam’s Club has opened its newest club in Raymore, Mo. Relocated from Grandview, the new 136,000-sq.-ft. warehouse club will anchor the Raymore Galleria.

    The new club will feature a Fresh Bakery, Tire and Battery Center, Optical Center, Pharmacy, Hearing Aid Center, Café and Fuel Station.

  • Cullinan appoints new property manager

    Peoria, Ill. — Cullinan Properties has appointed Robey R. Taylor as property manager at the Streets of St. Charles in St. Charles, Mo.

    Taylor brings 20 years of experience in property management — both in retail and office — in the St. Louis market to the post.

  • Unleashed by Petco opens in Queens, N.Y., Nov. 9

    San Diego -- Unleashed by Petco, specialty pet supply banner of the Petco Animal Supply. Inc. chain, opens a new store in the Fresh Meadows section of Queens, N.Y., on Nov. 9.

    Unleashed by Petco stores include features such as the Pet Deli, which offers a display of assorted fresh and frozen food. There is also a special sample wall where pets can taste test to find their favorite food.

  • American Girl to expand to Canada via in-store boutiques

    Middletown, Wis. -- American Girl, a division of Mattel, announced its first expansion outside the United States, with plans to open two experiential in-store boutiques in partnership with Indigo Books & Music Inc., Canada’s largest book, gift, and specialty retailer.

    Opening in spring 2014, the new American Girl retail stores will be located in Indigo’s Yorkdale Shopping Centre, Toronto, and Robson Street, Vancouver.

  • Golf Galaxy opening two interactive locations

    Pittsburgh — Golf Galaxy has announced the opening of two interactive retail locations. The new stores include the second Golf Galaxy in Missouri and the chain’s second location in Nevada.

    A 32,000-sq.-ft. interactive store will open November 1 at the Chesterfield Commons in Chesterfield, Mo.

    A 29,000-sq.-ft. interactive Golf Galaxy will open Nov. 1 in the Stephanie Street Power Center in Henderson, Nev.

    As of Aug. 3, the retailer operated 81 Golf Galaxy stores in 30 states and e-commerce websites.

  • Divaris leases nearly 7,000 sq. ft. to Goodwill

    Washington, D.C. — Divaris Real Estate has announced that Goodwill has signed a 6,954-sq. ft. lease at Divaris-leased Maddex Square Shopping Center in Shepherdstown, W. Va.

    Divaris
    represented the landlord in the lease negotiations. Food Lion and McDonalds anchor Maddex Square.

     

  • RadioShack opening ‘retro’ store in Fort Worth, Texas

    Fort Worth, Texas – RadioShack has pulled out all the stops for its new hometown location in Sundance Square in downtown Fort Worth, Texas, opening a retro-styled store that speaks to the heritage of the brand and locale. Set to open Oct. 30, it will be the tenth RadioShack concept store to open nationwide, but the first to feature a custom design.

  • Nursery Acres acquires Cabela’s in Grand Junction, Colo.

    Denver — Transwestern’s Denver office has announced that it brokered the acquisition by Nursery Acres L.P. of a 75,330-sq.-ft. Cabela’s retail store in Grand Junction, Colo. Built in 1983, the store sits on a 6.76-acre lot at Mesa Mall.

    Transwestern represented the buyer, Nursery Acres, which purchased the building to complete a 1031 exchange. The company plans to keep the property long-term. Faris Lee represented the seller, Macerich Mesa Mall Holdings LLC.

     

  • Dunkin’ Donuts plans nine new stores in Reno

    Canton, Mass. – Dunkin’ Donuts has signed a multi-unit store development agreement with new franchise group, HT2 Franchising, LLC, to develop nine new restaurants throughout Reno, Nev. The first restaurant is expected to open in 2015 and the remainder by 2020.

    With this agreement, Dunkin' Donuts franchise opportunities are sold out in Reno, but opportunities exist to grow the brand throughout the West in Colorado and California.

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