REAL ESTATE

RadioShack to expand its presence in Target

BY CSA STAFF

New York City — RadioShack Corp. plans to almost double its presence in Target stores, where it operates wireless departments for the Minneapolis retailer, according to Minneapolis/St. Paul Business Journal.

RadioShack ran mobile departments in 850 Targets at the end of 2010, the report said, with the number expected to increase to approximately 1,450 Target stores by June 30.

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REAL ESTATE

Kentucky Oaks Mall to undergo renovation

BY CSA STAFF

Paducah, Ky. — Youngstown, Ohio-based Cafaro Co. announced that its Kentucky Oaks Mall property, located in Paducah, Ky., will under a major renovation.

According to Cafaro, the rehab is the most significant in the mall’s 28-year history, involving both interior and exterior transformations. When complete, the mall will feature newly designed entrances, concourse skylights, new ceiling treatments, energy-efficient lighting, as well as new flooring treatments and soft-seating areas.

An upgraded HVAC system will be installed and parking areas will feature modernized lighting systems and signage.

Construction launches March 1 and is slated for completion in November.

The million+-sq.-ft. Kentucky Oaks Mall is anchored by Elder-Beerman, Dillard’s, J.C. Penney, Sears and Dick’s Sporting Goods.

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