April 17, 2015

BFC Partners has broken ground on Empire Outlets, a 340,000-sq.-ft. retail complex that will create more than 1,800 jobs and bring $285 million in private investment to the New York City borough of Staten Island.

April 17, 2015

CBL & Associates Properties Inc. and Horizon Group Properties Inc. have begun construction on the second phase of The Outlet Shoppes at Atlanta.

April 17, 2015

H&M will open at Uptown Village, Cedar Hill, Texas.

April 17, 2015

Inland American Real Estate Trust Inc. has changed its name to InvenTrust Properties Corp., effective immediately.

April 17, 2015

In partnership with Mitsubishi Estate Co. Ltd., Simon has opened the expansion of the Shisui Premium Outlets located outside Tokyo.

April 17, 2015

Victoria Gardens will break ground on a full streetscape renovation encompassing 1.19 acres of the center along its Monet Avenue, according to Melina Ferraez, director of marketing for Victoria Gardens.

April 15, 2015

Pennsylvania Real Estate Investment Trust and The Macerich Company announced that they have reached a tentative agreement with the City of Philadelphia on a redevelopment and re-branding of the Gallery shopping mall and transit center in the heart of Center City.

April 14, 2015

99 Cents Only Stores Inc. plans to open nine new stores in Arizona, California and Texas between April 16 and April 18.

April 14, 2015

CBRE has announced that LeDonna Spongberg, a retail leasing professional, has joined the company’s Phoenix office as a first VP.

April 14, 2015

The Woodmont Co. represented Firehouse Subs in the food chain’s continued expansion in the Dallas-Fort Worth area.

April 14, 2015

Heslin Holdings, Inc. announced the acquisition of West Central Plaza Shopping Center, a retail property located in Albuquerque, New Mexico.

April 14, 2015

CBRE | UCR announced that Moviehouse & Eatery has purchased 6.78 acres of land at Craig Ranch in McKinney, Texas.

April 14, 2015

X Team International, an international alliance of retail real estate advisors, announced that partner MSC Retail has completed a lease transaction with New Balance Experience Store at 1615 Walnut Street in Center City.

April 14, 2015

Pet Supplies Plus, the nation’s largest pet retail franchise with more than 300 locations in 25 states, announced it has signed six new franchise agreements to bring its neighborhood pet store concept to Boca Raton, Florida; Tampa, Florida; Stephenville, Texas; Elizabethtown, Kentucky; Hartland, Michigan and Greenville, South Carolina.

April 14, 2015

Stirling Properties has added two people to its growing Asset Management division.

April 14, 2015

The Picture People will open new studios in four Cafaro malls, according to the Youngstown, Ohio-based mall owner.

April 13, 2015

In its latest move to capitalize on the value of its real estate and raise more cash, Sears Holdings Corp. has formed a joint venture with Simon Property Group whereby Simon will take ownership of 10 Sears stores in Simon malls and lease them back to Sears, who will continue operating Sears stores in the venture.

April 10, 2015

General Electric Company on Friday announced it will sell or spin off the majority of its $500 billion GE Capital finance business over the next two years as it looks to simplify and concentrate on its industrial roots. The company said it will keep its aircraft leasing operation and smaller lending lines.

April 10, 2015

Saks Fifth Avenue Off 5th will open its first store in Los Angeles County, in the Beverly Connection shopping center in Beverly Hills California.

April 10, 2015

A new chapter in the ongoing saga of RadioShack started on Friday with Sprint launching retail operations in 1,435 RadioShack stores.
 

April 9, 2015

Pier 1 Imports Inc. on Thursday reported a declining profit for its fourth quarter and also announced that it plans to close 100 stores as part of a three-year real estate optimization plan.

April 9, 2015

Walgreens Boots Alliance on Thursday reported quarterly earnings for the first time since the December 2014 merger of Walgreen Co. and Alliance Boots GmbH. The announcement included the news that the drug store retailer will close about 200 U.S. stores as part of its previously announced three-year, $1 billion cost-reduction plan.

April 8, 2015

Tiger, the Danish discount chain known for its low prices and design emphasis, is entering the United States, opening a 5,000-sq.-ft. flagship in May, in New York City.

April 8, 2015

Newk’s Eatery is planning franchise growth in new markets stretching across the South.