REAL ESTATE

  • AT&T opens 10,000-sq.-ft. flagship in Chicago

    Chicago -- Telecommunications giant AT&T is setting up shop on Chicago's Magnificant Mile, opening a flagship on Sept. 1. The 10,000-sq.-ft. store, at 600 N. Michigan Ave., is designed to showcase what consumers can do with AT&T's products and to educate them about future wireless technologies and services.

  • Taubman Asia in joint venture with department store retailer in China

    Hong Kong -- Taubman Asia confirmed a joint venture agreement between Taubman TCBL and Beijing Wangfujing Department Store (Group) Co., Ltd (Wangfujing), one of China's largest department store chains.
     
    The joint venture will own a controlling interest in and manage a shopping center to be located at Xi'an Saigao City Plaza, a large-scale mixed-use development in Xi'an, China, which is developed by Shaanxi Fuli Real Estate Development Co. Ltd. This is the first retail development by Taubman TCBL in China since the company was formed in late 2011.

  • Cabela's continues to expand, will open fourth location in Canada

    SIDNEY, Neb. -- Cabela's Inc. said that it plans to build a 50,000-sq.-ft. store in Regina, Saskatchewan, Canada. It will be the anchor tenant in the new Grasslands Shopping Centre being developed in Regina.

    The new store, which will be the retailer's fourth location in Canada, is expected to in fall 2013 or spring 2014. The company will open a store in Rogers, Ark., on Aug. 30, and Union Gap, Wash., on Oct. 4.

  • McCormick & Company opens first retail store in Baltimore's Inner Harbor

    SPARKS, Md. -- McCormick & Company has opened its first-ever retail destination, McCormick World of Flavors. The is located in Light Street Pavilion at Harborplace, which is siuated in the Inner Harbor area of Baltimore.

  • Dunkin' Donuts announces plans for 29 new restaurants in Houston and Waco, Texas

    Canton, Mass. -- Dunkin' Donuts announced the signing of multi-unit store development agreements with four franchise groups to develop 29 new restaurants in Houston and Waco, Texas, over the next several years.

  • Ulta to open three-level flagship in Philadelphia

    Philadelphia -- Ulta Beauty will open a flagship in Philadelphia on Rittenhouse Row in the Center City district. The store will be the beauty retailer’s first location in Center City.

    “Ulta will open an exciting three level store much like its only other signature urban store in Chicago,” said Steve O’Malley, partner at Fameco Real Estate, who represented the retailer in the transaction.

  • Carson’s store in Chicago suburb to close

    York, Pa. -- The Bon-Ton Stores Inc. said that it plans to close its Carson's store in the River Oaks Mall in Calumet City, Ill., when the lease expires in January. 

    The department store company said doesn't expect costs tied to the closing to be material.

    Bon Ton received the leasehold interests in the store as part of its Northern Department Store Group acquisition in 2006.
     

  • Nordstrom Rack plans new store in Boston

    Seattle -- Nordstrom Inc. will open its outlet format Nordstrom Rack at The Newbury in Boston’s Back Bay area.

    The two-level, 38,000-sq.-ft. store is scheduled to open in spring 2013. It will replace the former Filene’s Basement space.

    Currently, Nordstrom opens four full-line stores and four Nordstrom Racks in the Boston market.
     

  • Ikea proposes store in Miami-Dade

    Conshohocken, Pa. -- Ikea said Thursday it is submitting plans for a Miami-Dade store in the City of Sweetwater, Fla., as the second South Florida Ikea store and fourth in the state. 

    According to the Swedish home furnishings retailer, construction could launch as early as spring 2013 on the new store, with an opening tentatively slated for fall 2014.

  • Lili Salon Spa opens new Galleria location

    Minneapolis -- William & Friends, the company behind Lili Salon and Spa concept in Minnetonka, Minn., has opened a second location at Galleria Edina, in Minneapolis.

    The company worked with Shea, a Minneapolis-based design and marketing firm, on the design of a 5,000-sq.-ft. space formerly occupied by Smith & Hawken.

    Lili opened on Aug. 13.
     

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