REAL ESTATE

  • Mrs. Fields to debut new store at Arista Place

    Broomfield, Colo. -- Mrs. Fields Cookies said Tuesday it will open a new location at Arista Place, located in Broomfield, Colo.

    The flagship store, which is slated to launch construction this month, will feature a new store design and branding. It is expected to open in March 2013.

    The new design, said the company, will incorporate more soft seating and a retail area for ordering cookie gifts online. The corporate location will also serve as the company’s training university for new franchisees.

  • Report: Store opening plans for 2013 at a four-year high

    Chicago -- Store opening plans for 2013 are at a four-year high even as positive retail trends tempered with uncertain fiscal policies signal a cautious start to the new year, according to a report released Monday by Jones Lang LaSalle.

    According to Jones Lang LaSalle’s 2013 National Retail Real Estate Outlook, retailers will open as many as 78,325 stores in the next two years – up 11% from year-end plans in 2011. Construction will add 52 million sq. ft. of space in 2013, more than double the 20 million sq. ft. completed in 2012.

  • Applebee’s to open NYC’s first LEED Gold restaurant

    New York -- Applebee’s will open New York City’s first LEED (Leadership in Energy & Environmental Design) Gold certified restaurant on Monday, Dec. 10.

  • Wingstop to open 50 Russia locations

    Richardson, Texas -- Chain restaurant Wingstop announced Tuesday it has executed a master development deal that will facilitate about 50 unit openings in Russia, the first opening in Moscow.

    The chicken wing purveyor -- with more than 530 locations throughout the U.S. and Mexico -- signed a master development agreement with Baxtor Limited for 50 Wingstop restaurants to be opened throughout Russia over the next 10 years.

    The first location is expected to open in Moscow by the end of 2013.

     

  • Inland Private Capital Corp. announces exec promotions

    Oak Brook, Ill. -- Inland Private Capital Corp. announced three employee promotions and the hiring of one new employee to the company’s senior management team. 

    Effective Nov. 13, the company has promoted Keith Lampi to the position of COO and Rahul Sehgal to chief investment officer. Additionally, Joe Binder has been promoted to senior VP acquisitions; Dione McConnell has been appointed VP operations.

  • DJM Capital Partners to develop retail/hotel project

    Huntington Beach, Calif. -- DJM Capital Partners announced that it has acquired about 11 acres from Crescent Heights for the retail and hotel portion of a planned mixed-use development Pacific City.

    The company said it plans to develop on the original footprint and with almost 6.5 acres for 191,000 sq. ft. of open-air retail, restaurants and entertainment and four acres for an eight-story hotel. 

  • Dillard’s joins line-up for The Shops at Summerlin

    Dallas -- The Howard Hughes Corp. and Dillard’s announced that the department store is the latest anchor to be part of The Shops at Summerlin, in West Las Vegas Valley. Dillard’s will build a two-level, 200,000-sq.-ft. foot in the center, with opening scheduled for fall 2014.

  • CBRE names Minneapolis head

    Los Angeles -- CBRE Group said it has appointed Blake R. Hastings as managing director of its Minneapolis office, effective January 1, 2013.

    Hastings succeeds Whit Peyton, who will be stepping down after more than two decades of service.

    In his new position, Hastings will be responsible for overseeing all CBRE’s operations in Minnesota.

     

  • StepStone awarded management contract for The Shops at La Jolla

    San Diego -- StepStone Real Estate Services said it has been awarded the property management contract for The Shops at La Jolla Village, located in La Jolla, Calif.

    The 100% leased center is the dominant community retail center in the La Jolla/University Town Center market. The 165,597-sq.-ft. center features more than 40 stores, restaurants and services, including Whole Foods Market, Landmark Theatres, CVS Pharmacy, Aaron Brothers, B.J. Pizza & Brewery, Peet’s Coffee & Tea and Verizon Wireless.

     

  • Shoe Carnival to open at Shops at South Elgin

    South Elgin, Ill. -- Oakbrook Terrace, Ill.-based Mid-America Asset Management Inc. announced that Shoe Carnival recently leased 10,072 sq. ft. at Shops at South Elgin in Chicago’s west suburbs.

    The retailer plans to open in spring 2013 in the 164,502-sq.-ft. shopping center. Shoe Carnival is taking space formerly occupied by Famous Footwear and joins Kohl’s, T.J. Maxx, Pier 1 Imports, Petco and the newly expanded Fruitful Yield Health Foods.  

     

Related Topics

X
This ad will auto-close in 10 seconds