REAL ESTATE

GNC plans 26-store rollout in China

BY Michael Fickes

Pittsburgh — GNC Holdings has announced that it is expanding its retail presence in China with the opening of its first stand-alone store in Shanghai. GNC plans to open an additional 25 locations in China over the next 12 months.

The company currently operates more than 60 store-within-a-store locations in eight grocery, convenience and health and wellness chains in China.

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REAL ESTATE

Coming soon to Posner Commons: Paragon Theaters

BY Michael Fickes

New YorkParagon Theaters has announced plans to bring a 10-screen theater to Posner Commons in Davenport, Fla. The theater will serve as the entertainment anchor for the 630,000-sq.-ft. regional power center, offering Target, Dick’s Sporting Goods, Best Buy and other. Paragon said the new theater would open in the summer of 2014.

National retail tenants at Posner Commons include Target, Dick’s Sporting Goods and Best Buy and others.

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REAL ESTATE

Sports Authority renews at Miami’s Kendallgate

BY Michael Fickes

New YorkBerkowitz Development Group has inked a lease renewal with Sports Authority for 43,000-sq. ft. at Kendallgate Shopping Center in Miami.

As part of a nationwide effort, the retailer will redesign the store’s interior and incorporate updated exterior signage.

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