REAL ESTATE

Ross to open urban store in mixed-use center

BY Katherine Boccaccio

Peoria, Ill. — Cullinan Properties Group, developer of the East Peoria (Ill.) Downtown development, said Friday that Ross Dress for Less will open a 25,000-sq.-ft. junior-anchor store at the mixed-use project, joining previously announced Target, Costco, Ulta and Gordman’s.

Red Robin Gourmet Burger will open a 4,001-sq.-ft. restaurant and dental chain Heartland Dental Care will open in a 2,700-sq.-ft. space.

The East Peoria Downtown Center is scheduled to open March 2013, and will feature – besides a newly expanded downtown district – a 137-room Holiday Inn and Conference center, a 32,000-sq.-ft. library, and a Hometown Community Bank.

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M.Mirevski says:
Feb-16-2013 06:41 pm

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M.Mirevski says:
Feb-16-2013 06:41 pm

Access is gained through the ceiling box itself with a small bracket being utilized in what is in most cases is wasted space within the ceiling box itself. Unlike an air conditioner, ceiling fans do not directly affect the air temperature. Hunter ceiling fans If the material that came with the fan doesn't include a new ceiling box and mounting brackets, you will have to purchase these separately before proceeding. Cutting a hole in the floor or knocking out the ceiling is not prudent just to place blocking above a ceiling box.

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OPERATIONS

Dave & Buster’s names Xbox co-creator as senior exec

BY Katherine Boccaccio

Dallas — Dave & Buster’s Inc. said Monday it has named Kevin Bachus as its senior VP entertainment and game strategy, effective immediately.

Bachus is co-creator of the Xbox videogame console system. He joins Dave & Buster’s from social network Bebo, where he was chief product officer.

In the newly created Dave & Buster’s role, Bachus will be responsible for driving the evolution from on-premise-based entertainment to multi-platform gaming, including mobile and online.

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FINANCE

Cole acquires three retail centers for $130.9 million

BY Katherine Boccaccio

Phoenix — Cole Real Estate Investments said it has purchased three retail power centers totaling about 875,000 sq. ft. for $130.9 million.

The acquired properties are Hillside Town Center, a 165,000-sq.-ft. center in Hillside, Ill., for $27 million; White Oak Village, a 433,500-sq.-ft. property in Richmond, Va., for $68 million; and Barrow Crossing, a 276,000-sq.-ft. center in Winder, Ga., for $35.9 million. Barrow Crossing is a joint venture with Faison, the original developer of the property.

Hillside Town Center is anchored by HomeGoods, Michael’s, Staples and Petco; White Oak Village is anchored by J.C. Penney, Martin’s grocery, PetSmart, Michael’s and OfficeMax; and Barrow Crossing is anchored by Belk, Publix, TJ Maxx, PetSmart and Staples.

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Dec-27-2012 11:56 am

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J.Johnss says:
Dec-27-2012 11:56 am

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