REAL ESTATE

LA Fitness to open at Old Town Shopping Center

BY Staff Writer

Dallas — Venture Commercial said that LA Fitness has signed a long-term lease to build a 45,000-sq.-ft. facility in the Old Town Shopping Center in Dallas, on the site of a former Borders bookstore.

LA Fitness has begun razing the existing building on behalf of the landlord, preparing the site for construction of a new prototype club, which is expected to open around the end of the year.

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REAL ESTATE

REI to make Kansas debut with store in Overland Park

BY Staff Writer

Seattle — REI (Recreational Equipment, Inc.) said Tuesday it will make its state debut in Kansas in fall 2013, with a new store in Overland Park, Kan., a suburb of Kansas City.

The 23,500-sq.-ft. REI Overland Park will be located at Prairiefire at Lionsgate. Approximately 50-60 new hires are planned.

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REAL ESTATE

Container Store to open three Florida locations

BY Katherine Boccaccio

Dallas – The Container Store said Tuesday it will open three Florida locations in 2013 – in Orlando, Tampa and Boca Raton – joining its two existing Sunshine State stores in Hallandale Beach and Miami.

The Orlando store is slated to open spring 2013 and occupy 25,000 sq. ft. in the Mall at Millenia. The Tampa store, also 25,000 sq. ft., will be located one block south of International Plaza Mall. An opening date is still to be determined.

The Boca Raton store will occupy 21,000 sq. ft. in Town Center Boca Raton. The opening date hasn’t been announced.

“The Container Store is extremely deliberate in selecting A+ real estate sites across the country surrounded by a dense population of our time- and space-starved customers,” said Kip Tindell, chairman and CEO of The Container Store.

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