REAL ESTATE

Best Buy to open at Prestonwood Town Center

BY CSA STAFF

Dallas SRS Real Estate Partners announced Monday that a new Best Buy store will open at Prestonwood Town Center, in Dallas.

The store is slated to open in August, in a 30,770-sq.-ft. space formerly occupied by Circuit City. Other tenants in the 450,000-sq.-ft. center include Barnes & Noble, Petco, Office Depot, Michaels and Walmart.

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REAL ESTATE

Borders to open in Dedham, Mass.

BY CSA STAFF

Ann Arbor, Mich. Borders Group said Friday it will open a two-level, 24,479-sq.-ft. store in Dedham, Mass., in the Legacy Place lifestyle complex owned and operated by WS Development and National Amusements.

The new store will open to the public on June 10 and will be the retailer’s 20th Borders store to open in Massachusetts.

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REAL ESTATE

Five Below starts Ohio expansion

BY CSA STAFF

Philadelphia Five Below is opening its first six stores in the Cleveland market on Friday. The chain, whose goods are priced from $1 to $5 and targeted at teens and pre-teens, plans to open as many as 25 stores in Ohio within two years.

Five Below hopes to have 200 locations within two years. With this week’s expansion into the Buckeye state, it will have a total of 111 stores.

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