REAL ESTATE

Meijer to build first Detroit store

BY CSA STAFF

Grand Rapids, Mich Meijer is expected to sign an agreement Friday to build a 190,000-sq.-ft. supercenter at the Shoppes at Gateway Park, its first in the market, according to a report by the Detroit News.

The paper said that Meijer will sign a purchase agreement with shopping center developer Gateway Park LLC on Friday, giving the company 120 days to complete a site plan.

The $80 million open-air shopping center broke ground late June after several years of delays due to the poor economy and the lack of commitment from an anchor tenant. Once Meijer inks the deal, the developers can begin leasing the remaining space.

The mall is expected to open in 2011 as Detroit’s largest commercial real estate development in five decades.

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REAL ESTATE

American Apparel opens Toronto location

BY CSA STAFF

Los Angeles American Apparel said Tuesday it has opened a store in Toronto.

The 2,800-sq.-ft. location is in the Yorkdale Shopping Center, a premier Canadian mall.

“We’ve been waiting for three years for the perfect location in this mall. The right one opened up and we were able to come in under ideal conditions,” said Dan Abenhaim, American Apparel’s Canadian operations manager.

The store opened on Friday. With this opening, American Apparel now has more than 260 stores in 20 countries, including a recently opened location in Dublin, Ireland.

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Beau Kisses opens at LaCenterra

BY CSA STAFF

Katy, Texas Gift and seasonal boutique Beau Kisses is opening a store at LaCenterra at Cinco Ranch in Katy, Texas.

The 2,364-sq.-ft. store is slated to open Aug. 14.

LaCenterra at Cinco Ranch is a joint venture of Houston-based Vista Equities Group and Denver-based Amstar Group. The retail lifestyle center is located within the 7,400-acre master planned community of Cinco Ranch.

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