REAL ESTATE

American F+B to open at West 7th project

BY Staff Writer

Fort Worth, Texas — Cypress Equities said that Consilient Restaurants will open an American F+B restaurant at West 7th, the mixed-use project in Fort Worth, Texas.

The 6,215-sq.-ft. restaurant is slated to open in early 2013 and will provide seating for approximately 200.

West 7th offers retail, entertainment, office and residential in a 13-acre setting.

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REAL ESTATE

The Organic Bedroom to open at Sutton Square

BY Staff Writer

Raleigh, N.C. — Jacksonville, Fla.-based Regency Centers said that The Organic Bedroom will open a 1,300-sq.-ft. store at Sutton Square, in Raleigh, N.C.

Specializing in mattresses made of organic and natural materials, the store is slated to open for business in June 2012.

The 101,025-sq.-ft. shopping center is anchored by a 24,167-sq.-ft. Fresh Market alongside national retailers such as Pet Supermarket, Rite Aid and Performance Bicycle.

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FINANCE

RILA responds to New Jersey sales tax agreement

BY Marianne Wilson

Washington, D.C. — The Retail Industry Leaders Association (RILA) issued the following statement in response to the announcement that New Jersey Governor Chris Christie has reached an agreement with Amazon.com requiring the online retailer to begin collecting state sales tax on purchases made in New Jersey by July 1, 2013.

"Today’s announcement ends the practice of giving out-of-state retailers like Amazon.com an unfair advantage over those retailers who are an integral part of communities across New Jersey," said RILA president Sandy Kennedy

"Today New Jersey joins 13 other states including California, Texas and Virginia, who have taken action to close a decades-old loophole that hurts Main Street retailers."

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