REAL ESTATE

Golfsmith to bring Golfsmith Xtreme to Texas

BY CSA STAFF

Houston Golfsmith will open a 40,000-sq.-ft. Golfsmith Extreme store on May 1, in Houston. It is Golfsmith Xtreme’s largest location to date and first ever in Texas.

The new store will feature an indoor driving range that allows golfers to try out golf gear and evaluate their swing on launch monitors and an indoor hitting area for tennis equipment.

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REAL ESTATE

Report: H&M to open 225 stores this year

BY CSA STAFF

Stockholm, Sweden H&M reported that it is on track to open 225 stores this year, according to the Wall Street Journal.

The chain’s new fleet of stores supports H&M’s plan to expand its global footprint. The chain is opening five or six new locations in China this year, with the first H&M store to open in Beijing on Thursday, the article said. The new store makes H&M the first major foreign retailer to open a store in the city’s renovated Qianmen strip, an area dominated by local and state-owned enterprises.

The company will also open locations in key markets such as the Middle East and Japan. Looking ahead to 2010, the company will open its first store in South Korea.

As of February, H&M operated over 1,748 stores.

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REAL ESTATE

17 Regency projects aiming for LEED certification

BY CSA STAFF

A sustainable building initiative introduced about 18 months ago by Jacksonville, Fla.-based Regency Centers is on schedule to exceed its goal of gaining LEED certification for 20% of the company’s new developments.

LEED, or Leadership in Energy and Environmental Design, is a U.S. Green Building Council program that sets benchmarks for sustainable building design and construction.

According to Mark Peternell, Regency’s VP sustainability, the initiative, called “Greengenuity,” has so far produced six shopping center developments that are actively seeking LEED-CS (Core-and-Shell) certification and 11 more projects that have registered to apply for certification. 

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