REAL ESTATE

Kemper expands Bellevue Collection

BY Staff Writer

Bellevue, Wash. – Real estate development firm Kemper Freeman is moving ahead with a $1.2 billion expansion of The Bellevue Collection, a regional shopping center located in Bellevue, Wash. The expansion will add two million sq. ft. of retail, office, hotel, residential, dining and entertainment space.

The currently four million-sq.-ft. property already houses more than 250 stores and restaurants.

“With nearly 95,000 sq. ft. of new, high profile, street front and additional interior space, our expansion will give luxury retailers the presence they have been looking for, and the sophisticated Northwest consumers the shopping experience they crave,” said Kemper Freeman chairman and CEO Kemper Freeman.

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REAL ESTATE

DSW opens new Massachusetts store

BY Staff Writer

Columbus, Ohio – Footwear/accessories retailer DSW Inc. opened a new store in Braintree, Mass., on May 18. The new store is located at 250 Granite Street.

DSW currently operates 377 stores in 42 states, the District of Columbia and Puerto Rico.

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REAL ESTATE

Family Dollar recognizes Trade Area Systems

BY Staff Writer

Matthews, N.C. – Family Dollar presented its annual Strategic IT Partner of the Year award to Trade Area Systems at its IT Strategic Partner last month. In September 2012, Family Dollar implemented the Trade Area Systems TAS Unity solution to give real estate managers mobile access to a database of real estate photos, comments and other relevant data.

“In retail real estate, having visibility to the latest data and information is critical for our management teams,” said Brian Strickland, divisional VP of portfolio management at Family Dollar. “Through the implementation of TAS Unity, we have been able to improve visibility for the real estate management team and enhance collaboration between internal teams.”

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