REAL ESTATE

Delia’s and RCS team on real estate

BY Katherine Boccaccio

New York — Real estate advisory firm RCS Real Estate Advisors said Wednesday that it has been retained by teen retailer Delia’s to evaluate the performance of its real estate portfolio and serve as the outsourced real estate department for all retail locations.

Delia’s portfolio consists of more than 110 mall-based specialty retail locations across the United States. RCS is charged with the ongoing management of the retailer’s existing locations as well as optimizing underperforming stores and identifying and pursuing new real estate opportunities for the chain.

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REAL ESTATE

Caribou Coffee opens 100th international location, plans to ramp up store count

BY Staff Writer

Minneapolis — Caribou Coffee Co. said Wednesday it has opened its 100th international operating location, located in Istanbul, Turkey. The new store, which opened May 10, is in partnership with master franchisee Al Sayer Group and Turkey’s Yildiz Holding, and is Caribou’s sixth store in Turkey.

Al Sayer Group currently operates 89 of Caribou’s 100 international locations in Turkey, Kuwait, United Arab Emirates, Lebanon, Bahrain, Jordan, Oman and Kingdom of Saudi Arabia.

Mike Tattersfield, president and CEO of Caribou Coffee, said the company plans to increase its international and domestic store count by 10% to 12% in 2012.

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M.Fourcall says:
Oct-31-2012 11:26 am

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M.Fourcall says:
Oct-31-2012 11:26 am

This post has helped me to have another perspective. I am researching this topic for a paper I am writing. Your article provided me great insight of my topic. Rhode Island SEO

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REAL ESTATE

Publix opening completes Boynton Lakes Plaza redevelopment

BY Katherine Boccaccio

Boynton Beach, Fla. — Jacksonville, Fla.-based shopping center owner Regency Centers said it has completed the redevelopment of Boynton Lakes Plaza, a 117,124-sq.-ft. neighborhood center in Boynton Beach, Fla., which included the addition of a 45,000-sq.-ft. Publix.

The new grocery anchor relocated from an undersized store in a nearby center and is slated to open on June 9.

Boynton Lake Plaza’s redevelopment included the demolition of a former Winn-Dixie store and the construction of anchor and side shop space, new exterior facade and architectural components, parking lot improvements, upgraded lighting and landscaping.

As part of Regency’s Greengenuity program to reduce the environmental impact of developing and operating shopping centers, the project incorporated basic sustainable elements such as recycling building materials, installing heat-reflective roof material and employing environmentally friendly plumbing fixtures, paint and coatings.

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