REAL ESTATE

  • Three new tenants to open at Marlins Park

    Miami Beach, Fla. -- Terranova Corp. announced that three new tenants will open at Shops at Marlins Park, a retail area at the entrance of the new Marlins Park in Miami’s Little Havana neighborhood.

    Café Rubio Sports Bar & Restaurant, a Caribbean restaurant, has signed a 10-year, 3,200-sq.-ft. lease, with plans to open in mid-summer 2013. Subway has signed a 10-year lease for a 1,400-sq.-ft. restaurant also opening summer 2013.

    Cigar shop 100 Fires will open a 625-sq.-ft. store in winter 2014.

  • Sembler redeveloping Nokomis Village

    Nokomis, Fla. -- The Sembler Co. announced that it is redeveloping the Nokomis Village Shopping Center, anchored by Publix and located in Nokomis, Sarasota County, Fla.
     
    Publix will close on March 30, while other tenants including Anthony’s ladies apparel, Village Pharmacy, Ophelia’s Pasta restaurant, and Saltwater Café remain open during the construction of a new Publix store.

  • Cobbs Ford Village opening spring 2014

    Prattville, Ala. -- Brentwood, Tenn.-based GBT Realty said that it is bringing Starbucks Coffee, Aspen Dental and Firehouse Subs to Cobbs Ford Village, a new, in-line shopping center located in Prattville, Ala., in the Montgomery MSA. 


    Cobbs Ford Village is approximately 2.52 acres and will house several additional tenants that are now in the beginning stages of signing leases. Groundbreaking for the center will be this April, with an estimated opening date of spring 2014.

     

  • Leslie’s Poolmart on track to open 48 stores in spring 2013

    Phoenix -- Leslie’s Poolmart will celebrate the grand opening of 13 new locations throughout the United States on March 15.

    In total, Leslie's plans to open 48 stores this year, between March and May. With these new stores and its recent acquisition of 24 Warehouse Pool Supply stores in the Houston area, Leslie's will bring its total store count to more than 800 stores nationwide.

  • Allen Edmonds opens Philadelphia flagship

    Philadelphia -- Metro Commercial announced that Allen Edmonds has opened a flagship shoe store in Philadelphia, located at the corner of 18th & Chestnut Streets.

    The 1,900-sq.-ft. store opened in February.

    Metro Commercial negotiated the lease on behalf of the landlord Midwood Investment & Development.    

     

  • The Fresh Market VP real estate to step down

    New York -- The Fresh Market announced the resignation of Randy Kelley as SVP real estate and development. Kelley, who is leaving the grocer, to pursue a new business opportunity, will remain with the company through early spring.

  • Dick’s to open 40 stores in 2013 and debut Field & Stream format

    Pittsburgh -- Dick's Sporting Goods Inc. on Monday forecast a full-year profit for the current fiscal year that was less than expected, and also revealed it will debut a new retail concept in fiscal 2013 under the Field & Stream banner.
     
    In 2013, the company said it will open two Field & Stream stores, 40 Dick’s Sporting Goods stores, one Golf Galaxy store and two True Runner locations. The chain also plans partial remodels of 75 existing Dick’s stores.
       

  • Uniqlo to open second U.S. mall location

    New York -- Uniqlo, a division of Japan's Fast Retailing Co., will open its second U.S. mall location, at Palisades Center in West Nyack, N.Y., on March 15.
     
    The 24,000-sq.-ft. store will showcase Uniqlo's complete offering of products for men and women, as well as its spring kids collection.
     

  • Nordstrom announces two new Rack locations

    Seattle -- Nordstrom announced two new locations for Nordstrom Rack, with stores planned for Chicago and Jacksonville, Fla.

    In Jacksonville, Nordstrom Rack will open in The Markets at Town Center in Jacksonville, Fla. The approximately 35,000-sq.-ft. store is scheduled to open in fall 2013.

    The announcement follows recently announced plans to open a Nordstrom full-line store at St. Johns Town Center in fall 2014. Nordstrom currently operates nine full-line stores and eight Rack stores throughout Florida.

  • Donahue Schriber secures $100 million in additional growth capital

    Costa Mesa, Calif. -- Donahue Schriber announced that its major investors New York State Teachers’ Retirement System and J.P. Morgan Strategic Property Fund have approved an additional $100 million common equity investment for growth capital.   

    The money will be utilized to help fund the company’s strategic growth plans over the next three to five years, according to chairman and CEO Patrick S. Donahue.

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