REAL ESTATE

Carl’s Jr. expands in Texas

BY Staff Writer

Dallas — Venture Commercial Real Estate announced the completion of several transactions that will bring new Carl’s Jr. restaurants to Garland, Balch Springs, Lufkin, and Beaumont, Texas, by the end of the year.

With the addition of these four locations owned and operated by RWJP Star Enterprises, the total number of Carl’s Jr. restaurants in Texas will be 48.

“Our goal is to open 120 restaurants across Texas over the next eight years, making us the largest Carl’s Jr. franchisee in the U.S.,” said Richard White of RWJP Star Enterprises.

The four Carl’s Jr. transactions include a 2,911-sq.-ft. lease in Garland, expected to open in September; a 31,504-sq.-ft. tract of land in Balch Springs that will host a new restaurant opening on Aug. 30; a .666-acre tract in Lufkin for a new restaurant opening Aug. 16, and a .813-acre tract in Beaumont with a Sept. 13 restaurant opening.

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REAL ESTATE

T.J. Maxx to open at Aroostook Center Mall

BY Staff Writer

Presque Isle, Maine — Westport, Conn.-based Charter Realty & Development Corp. said it has arranged a lease for 25,000 sq. ft. for a T.J. Maxx store in the Aroostook Center Mall in Presque Isle, Maine.

T.J. Maxx will join Lowes, Sears, J.C. Penney and others in this project. This 525,000-sq.-ft. center is owned by Sitt Assett Management.

Charter Realty currently represents TJX Cos. for their T.J.Maxx, Marshalls, Marshalls Shoes and HomeGoods divisions in various markets throughout the Northeast.

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Bottom Dollar to enter Pittsburgh and Youngstown, Ohio, markets

BY Staff Writer

Salisbury, N.C. — Discount grocer Bottom Dollar Food plans to enter the greater Pittsburgh, and Youngstown, Ohio, markets, starting with 14 locations.

Most of the locations are expected to open in early 2012.

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