REAL ESTATE

Petco to open at Columbus Square

BY CSA STAFF

New York City Winick Realty Group said that Petco has leased the last remaining big-box retail space at Columbus Square in New York City.

Petco will occupy 20,117 sq. ft. of retail space at 805 Columbus Avenue. The retailer takes possession of the space on Sept. 1.

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REAL ESTATE

Houston Kroger store expanded, remodeled

BY CSA STAFF

New York City Centro Properties Group said Monday that the Kroger store in its Merchants Park Shopping Center in Houston has completed a comprehensive expansion and remodeling project.

The newly expanded 89,000-sq.-ft. store, which opened June 9, is the grocer’s largest in Houston proper. It features enhanced in-store departments as well as a drive-thru pharmacy lane, fuel center, Starbucks Coffee shop and lounge area with free Wi-Fi.

Merchants Park is nearing completion of its $7-million two-part redevelopment. The first phase reconfigured the shopping center to accommodate a new 30,000-sq.-ft. Ross Dress for Less and a 9,000-sq.-ft. O’Reilly Auto. The second phase included the expansion of Kroger as well as the construction of approximately 9,500 sq. ft. of additional retail space. The new retail building, still under construction, is slated for completion in September.

Some of the new retailers who have executed leases in the new building at Merchants Park include GNC, Sally Beauty Supply, and Subway. Tuesday Morning, another new retailer to the center, has also recently opened.

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Target opens new store in Chicago’s Wilson Yard

BY CSA STAFF

Minneapolis Target Corp. said Tuesday it has opened a new store in the Wilson Yard community of Chicago.

The new 200,000-sq.-ft. store, which creates 300 jobs, will celebrate its grand opening on July 25 and features fresh produce, meat and bakery goods along with a Starbucks, Target Cafe, Target Pharmacy, Target Optical and Pizza Hut Express.

It also features a green roof and the nation’s largest spangle board — a 16-ft. by 250-ft. billboard display with 200,000 tiny bullseye medallions that shimmer in the breeze from the passing El trains.

Target currently operates 1,740 stores in 49 states.

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