REAL ESTATE

Casual Male opens Big and Tall Destination XL superstore in Las Vegas

BY CSA STAFF

Canton, Mass. Casual Male Retail Group said Monday it has opened its first Destination XL (DXL) men’s superstore concept in Las Vegas. The new, 10,000-sq.-ft. store caters to the bigger and taller man.

According to Casual Male, DXL is an all-inclusive concept that will offer a wide range of clothing, shoes and products under one roof from Casual Male’s four existing apparel businesses.

DXL currently has three other locations — in Schaumburg, Ill., Houston, and Memphis, Tenn.

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REAL ESTATE

LoopNet acquires LandsofAmerica

BY CSA STAFF

San Francisco Online real estate marketplace and database LoopNet said it has acquired Austin, Texas-based LandsofAmerica, the operator of an online marketplace specializing in land for sale at LandsofAmerica.com.

The LandsofAmerica management team, including its founders Allen Shannon and Jake Massengale, will remain with LoopNet to manage and grow the business.

LandsofAmerica.com generated almost 600,000 unique visitors to its websites in August, according to Google Analytics, and will contribute a significant lift to LoopNet’s overall website traffic of approximately two million unique visitors, also measured by Google Analytics. 

In addition, LandsofAmerica.com expands LoopNet’s overall share of active land for sale listings. 

Terms of the transaction were not disclosed. 

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REAL ESTATE

Food 4 Less to open at Lincoln Crossing

BY CSA STAFF

Chicago Oakbrook Terrace, Ill.-based Mid-America Asset Management said Thursday that Food 4 Less recently signed a lease for 82,126 sq. ft. at Lincoln Crossing in Chicago Heights, a south suburb of Chicago.

Food 4 Less, subleasing a portion of a former Dominick’s space, is expected to open in spring 2011. The price-impact warehouse grocer joins tenants GNC, Check ‘N Go and City Nails.

Food 4 Less, a division of Kroger Co., operates 147 supermarkets in California, Nevada, Illinois and Indiana. The company also operates 15 stores in the Greater Chicago Area from its Midwest Division headquarters in Burbank, Ill.

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