REAL ESTATE

  • The Fresh Market to open in New Orleans

    New Orleans -- Covington, La.-based Stirling Properties said that The Fresh Market will open a new store in New Orleans on July 25, marking the grocery retailer’s fourth store in the state.

    “We are excited to open our store in New Orleans and to expand our reach in Louisiana,” said Craig Carlock, Fresh Market president and CEO. “We look forward to introducing The Fresh Market’s concept of quality perishables, excellent customer service and a unique atmosphere to an expanded customer base.”    

  • 9021Pho to open at Glendale Galleria

    Glendale, Calif. -- Vietnamese-French fusion restaurant 9021Pho said it will open a new restaurant at General Growth Properties-owned Glendale Galleria, in Glendale, Calif.

    The restaurant is slated to open fourth quarter 2012. 9021Pho has two other Southern California locations in Beverly Hills and Westlake Village. 
     
     

  • Sleep Experts to open new store in Hurst, Texas

    Dallas -- X-Team partner Venture Commercial said that mattress retailer Sleep Experts has signed a lease to open a new store in Hurst, Texas, at the Shops at North East Mall, which is owned by Simon Property Group.

    The 4,305-sq.-ft. store is slated to open by the end of July.
     

  • AMTdirect debuts free real estate management software

    Charlotte, N.C. -- Commercial real estate solution-provider AMTdirect said Thursday it has launched a free version of its web-based real estate software.

    The intent, said AMTdirect, is to provide access to the portfolio management application to smaller companies that may not have been able to fund it previously as well as to larger retailers that haven’t yet automated their real estate management processes.

  • Chase Properties acquires Williams Crossing shopping center

    Bedford, Ind. -- Beachwood, Ohio-based Chase Properties said it has acquired Williams Crossing in Bedford, Ind., from Horne Properties.

    Williams Crossing is a 50,000-sq.-ft. shopping center that is shadow-anchored by a Super Walmart. Other tenants in the center include Dollar Tree, Maurices, Shoe Show and Hibbett Sports. Marcus & Millichap brokered the sale.
     

  • Children’s Place to open at Eastwood Mall

    Niles, Ohio -- Youngstown, Ohio-based Cafaro Co. said that The Children’s Place will open a new store in the Dillard’s Concourse of Eastwood Mall, in Niles, Ohio.

    The new store is slated to open November 2012 in more than 3,500 sq. ft. of space.  

  • Westfield and Geopon team to launch mobile coupon app

    Miami -- Mobile coupon application provider Geopon said Tuesday that it has collaborated with mall owner Westfield to debut an Android app that combines geo-targeted coupons with electronic reward programs and payment processing.
     
    The new app launched Tuesday in the South Florida market and, said Geopon, will soon be joined by the iPhone, which is currently in beta testing.

    The entire platform will be unveiled on Sept. 6 at the Westfield Broward Mall, in Plantation, Fla.

  • RCS retained by Diamond Wireless for portfolio optimization and more

    New York -- RCS Real Estate Advisors said Tuesday it has been retained by Diamond Wireless, a mall-based retailer and one of six National Premium retailers for Verizon Wireless, to provide advice and performance analysis to the retailer in the management of its real estate portfolio.

    As Diamond Wireless continues to expand nationally, RCS said it is charged with ensuring that Diamond’s current and future site selections, which include both inline stores and kiosks, deliver the highest and best value and efficiencies available in the mall marketplace today.

  • CKE plans to expand Hardee’s in Minneapolis market

    Carpinteria, Calif. -- CKE Restaurants is planning to expand its Hardee's footprint in the Minneapolis area over the next several years and sees the potential to develop more than 59 new restaurants in the market.

    “We are excited to expand in the Minneapolis area, and we're now looking for experienced multi-unit operators to join the brand,” said Jim Sullivan, CKE's senior VP domestic franchise development.

  • Mosaic mixed-use development to open in September

    Washington, D.C. -- Columbia, S.C.-based Edens said Wednesday that its new mixed-use development Mosaic will open this September in Washington, D.C.

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