REAL ESTATE

Report: Meijer to make Detroit debut

BY Staff Writer

New York — Meijer is set to open its first store in the city of Detroit on July 25, according to Crain’s Detroit Business.

The store will anchor a new shopping center and will feature a grocery section, drive-thru pharmacy, gas station and Huntington National Bank branch. Other tenants at the shopping center will include clothing and pet supply stores and fast-food restaurants.

Whole Foods Market recently opened a store in Detroit.

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REAL ESTATE

Dunkin’ Donuts opens 500th NYC restaurant

BY Michael Fickes

New York — The largest national retailer in New York City by store count, Dunkin’ Donuts has just inched further ahead with the opening of its 500th city location, a co-branded restaurant with Baskin-Robbins.

Located in Times Square, the restaurant features new Dunkin’ Donuts’ and Baskin-Robbins’ design concepts such as digital menu displays, updated furniture and lighting, electrical outlets, bar top areas for smartphones and computers and free Wi-Fi Internet access.

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CBRE makes two research appointments

BY Michael Fickes

Los Angeles — CBRE Group Inc. has made two research appointments.

First, Nick Axford, Ph.D., will move up to Global Head of Research, a new position, from CBRE’s Asia Pacific business unit. He will manage global research efforts, establish strategies that support CBRE objectives and serve as a resource for clients on global commercial real estate trends.

In addition, Raymond Torto, Ph.D. will become global chairman of CBRE Research. He will analyze market trends for clients.

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