REAL ESTATE

Englewood completes new lululemon location

BY CSA STAFF

Chicago Englewood Construction, Schiller Park, Ill., announced that it has completed construction of a new lululemon athletica store at Legacy Place, a 675,000-sq.-ft. open-air shopping center in Dedham, Mass., a suburb of Boston.

The build-out of the 2,581-sq.-ft. store took approximately two and a half months and involved 12 subcontractors. BKA Architects of Brockton, Mass., was the project architect.

This is the sixth location Englewood has built for the yoga-inspired athletic apparel company. The other stores are in Paramus, N.J.; Troy, Mich.; and Chicago, Northbrook and Oak Brook, Ill.

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REAL ESTATE

Carrefour to pull out of Russia expansion

BY CSA STAFF

Paris Carrefour SA is pulling out of its expansion plans in Russia due to the “absence of significant organic growth,” the company said Thursday.

Carrefour said it plans to sell its Russian initiatives just four months after opening its first hypermarket in Moscow.

Carrefour currently operates two hypermarkets in Russia — in Moscow and Krasnodar.

Carrefour also announced that its third-quarter sales slipped 2.9% to euro24.0 billion ($35.8 billion).

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Las Alamedas restaurant to open at LaCenterra at Cinco Ranch

BY CSA STAFF

Katy, Texas LaCenterra at Cinco Ranch announced Tuesday that Las Alamedas Restaurant & Cantina will launch construction on a 7,654-sq.-ft. space overlooking Heritage Square, the shopping center’s central courtyard.

The Mexican restaurant projects a spring 2010 opening.

“We had a specific dining experience in mind when designing the restaurant space and adjacent patio overlooking Heritage Square,” said Woody Mann, Jr., president of Houston-based Vista Equities Group and LaCenterra developer along with Denver-based Amstar Group.

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