REAL ESTATE

BJ’s Restaurants opens in Puyallup, Wash.

BY Katherine Boccaccio

Huntington Beach, Calif. — BJ’s Restaurants said Wednesday it has opened a new restaurant in Puyallup, Wash.

The 8,500-sq.-ft. BJ’s Restaurant and Brewhouse opened Monday at South Hill Mall, a 1 million-sq.-ft. Cafaro Co. property.

"We are very excited to open our first restaurant of fiscal 2013 in Puyallup, a suburb of the Seattle market," said Greg Trojan, BJ’s president and CEO.

Trojan said the company remains on track to open as many as 17 new restaurants during fiscal 2013, including the relocation of an older, smaller-format "pizza and grill" restaurant to a site that can support a larger-format BJ’s restaurant.

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REAL ESTATE

MC Sports to open at Ohio Valley Mall

BY Katherine Boccaccio

St. Clairsville, Ohio — Youngstown, Ohio-based Cafaro Co. said Wednesday that MC Sports will debut in the area with a new store at Cafaro’s Ohio Valley Mall, in St. Clairsville, Ohio, in July.

The new store will be located next to Sears, occupying nearly 23,000 sq. ft. of retail space.

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REAL ESTATE

GBT Realty completes construction at McPherson Place

BY Katherine Boccaccio

Laredo, Texas — Brentwood, Tenn.-based GBT Realty said Wednesday it has completed construction of a new shopping center that is home to four new retailers. The fully occupied McPherson Place, in Laredo, Texas, is tenanted by James Avery, Orange Leaf, Starbucks Coffee and AT&T. All four stores are open for business.

“The quality of this location allowed us to completely fill the center with an outstanding list of retailers,” said Fraser Schaufele, VP leasing at GBT.

The completion of McPherson Place brings GBT’s total number of developments in Texas to 77. In addition to McPherson Place, the company recently completed the 238,800-sq.-ft., Target-anchored shopping center, The Shoppes of Madison in Madison, Ala., as well as three new Academy Sports and Outdoors stores in two states.

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