REAL ESTATE

Cabela’s continues to expand, will open fourth location in Canada

BY Staff Writer

SIDNEY, Neb. — Cabela’s Inc. said that it plans to build a 50,000-sq.-ft. store in Regina, Saskatchewan, Canada. It will be the anchor tenant in the new Grasslands Shopping Centre being developed in Regina.

The new store, which will be the retailer’s fourth location in Canada, is expected to in fall 2013 or spring 2014. The company will open a store in Rogers, Ark., on Aug. 30, and Union Gap, Wash., on Oct. 4.

In addition to the Regina location, Cabela’s has announced plans to open seven new stores in 2013. Additionally, in 2014, Cabela’s plans to open locations in Anchorage, Alaska; Bristol, Va.; and Christiana, Del.

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REAL ESTATE

Ulta to open three-level flagship in Philadelphia

BY Marianne Wilson

Philadelphia — Ulta Beauty will open a flagship in Philadelphia on Rittenhouse Row in the Center City district. The store will be the beauty retailer’s first location in Center City.

“Ulta will open an exciting three level store much like its only other signature urban store in Chicago,” said Steve O’Malley, partner at Fameco Real Estate, who represented the retailer in the transaction.

The new Ulta will be located at 1619 Walnut Street, former home of the Westinghouse Broadcasting studio and later CBS affiliate, KYW-TV, where TV classics like “The Mike Douglas Show” were taped. The property was acquired in 2007 by Vesper Property Group, which completed an extensive renovation of the site last year.

“Our location at 1619 Walnut offers tremendous visibility and presence through its two story glass wall storefront, a truly fine and distinctive architectural presentation,” said Dave Rayner, Ulta VP real estate.

Ulta operates 449 stores across 42 states.

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Dunkin’ Donuts announces plans for 29 new restaurants in Houston and Waco, Texas

BY Staff Writer

Canton, Mass. — Dunkin’ Donuts announced the signing of multi-unit store development agreements with four franchise groups to develop 29 new restaurants in Houston and Waco, Texas, over the next several years.

Dunkin’ Donuts’ development throughout Texas is part of the company’s goal to double its number of U.S. restaurants over the next 20 years. Dunkin’ Donuts recently announced a limited partnership agreement with the Jerry Jones Family and Troy Aikman. Under the agreement, the group plans to open at least 50 new Dunkin’ Donuts restaurants throughout the Dallas/Fort Worth region over the next five years.

Additionally, 521 Interests LTD plans to develop 16 more restaurants in Houston by 2018 and nine restaurants are also planned for San Antonio with two other franchise groups. With these announcements, over 100 Dunkin’ Donuts restaurants are planned to open throughout the state over the next several years.

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