\r\n\t \r\n\tThe new store total includes 163 stores opened and 619 acquired so far this year. \r\n\t \r","showSummary":null,"url":"/real-estate/mattress-firm-meets-street-q3-profit-plans-store-growth","date":"2014-12-02T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"One Daytona breaks ground on early site work","id":67723,"bundle":"article","summary":"
Daytona Beach, Florida - One Daytona, the proposed mixed-use and entertainment destination across from Daytona International Speedway in east Central Florida, began early site work November 24, according to joint-venture owners International Speedway Corp. and Jacoby Development. The work underway includes phase one infrastructure improvements by P&S Paving. \r\n\t \r","showSummary":null,"url":"/real-estate/one-daytona-breaks-ground-early-site-work","date":"2014-12-02T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":{"id":38991,"url":"https://assets1.chainstoreage.com/styles/secondary_articles_short/s3/teaser_image_33333.jpg?itok=iQKZnf-q","width":767,"height":575,"alt":null},"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Mid-America arranges sale of Point Loomis to Phillips Edison","id":67720,"bundle":"article","summary":"
Milwaukee - Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Point Loomis Shopping Center located in Milwaukee. Cincinnati-based Phillips Edison purchased the 160,533-sq.-ft. center. \r\n\t \r\n\tPoint Loomis Shopping Center is located at the southwest corner of 27th Street and Loomis Road in Milwaukee, and features Kohl’s, Pick ‘n Save, and Chase Bank. \r\n\t \r\n\tTerms of the deal weren’t disclosed.
\r\n","showSummary":null,"url":"/real-estate/mid-america-arranges-sale-point-loomis-phillips-edison","date":"2014-12-02T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":{"id":39002,"url":"https://assets1.chainstoreage.com/styles/secondary_articles_short/s3/teaser_image_33336.jpg?itok=Pm1VjB-x","width":767,"height":575,"alt":null},"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"JLL closes sale of One and Olney Square","id":67721,"bundle":"article","summary":"
Philadelphia - Investors are feeling bullish on upcoming retail opportunities in Philadelphia, and it’s evident as JLL’s Capital Markets experts announced the sale of One and Olney Square on behalf of BLDG and The Feil Organization. Wharton Realty Group purchased the center. \r\n\t \r\n\tAnchored by ShopRite, the community shopping center totals 339,784 sq. ft. and includes tenants such as Dollar Tree, Modell’s and Burger King. \r\n\t \r","showSummary":null,"url":"/real-estate/jll-closes-sale-one-and-olney-square","date":"2014-12-02T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":{"id":38999,"url":"https://assets1.chainstoreage.com/styles/secondary_articles_short/s3/teaser_image_33335.jpg?itok=jSHfLYCx","width":767,"height":575,"alt":null},"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Lowe’s plans 3 new Canadian stores","id":67739,"bundle":"article","summary":"\r\n\tMooresville, N.C. – Lowe’s Companies Inc. will open three new stores in Canada, starting with a 94,500-sq.-ft. store in Lethbridge, Alberta in spring 2015. Lowe’s also plans to open an 86,000-sq.-ft. store in Saskatoon, Saskatchewan and a 75,000-sq.-ft. store in Saulte Ste. Marie, Ontario.\r\n\r\n\t \r\n\r","showSummary":null,"url":"/real-estate/lowes-plans-3-new-canadian-stores","date":"2014-12-01T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":{"id":38954,"url":"https://assets1.chainstoreage.com/styles/secondary_articles_short/s3/teaser_image_33317.jpg?itok=Ik5cXg2n","width":767,"height":575,"alt":null},"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Men’s Wearhouse to open first-ever Joseph Abboud freestanding store","id":67741,"bundle":"article","summary":"\r\n\tFremont, Calif. - Men's Wearhouse will open the first-ever Joseph Abboud retail store in midtown Manhattan in spring 2015. The store follows the launch of JosephAbboud.com in early November. \r\n\r\n\t \r\n\r","showSummary":null,"url":"/real-estate/mens-wearhouse-open-first-ever-joseph-abboud-freestanding-store","date":"2014-12-01T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":{"id":38948,"url":"https://assets1.chainstoreage.com/styles/secondary_articles_short/s3/teaser_image_33315.jpg?itok=AmT0Nxdm","width":767,"height":575,"alt":null},"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Restoration Hardware opens Atlanta gallery","id":67737,"bundle":"article","summary":"\r\n\tCorte Madera, Calif. – Restoration Hardware Holdings Inc. has opened RH, The Gallery at the Estate in Buckhead, Georgia. Featuring six floors and nearly 70,000 total interior and exterior square feet, the new retail concept features dramatic interior and exterior installations of home furnishings in a gallery setting.\r\n\r\n\t \r\n\r","showSummary":null,"url":"/real-estate/restoration-hardware-opens-atlanta-gallery","date":"2014-12-01T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":{"id":38958,"url":"https://assets1.chainstoreage.com/styles/secondary_articles_short/s3/teaser_image_33319.jpg?itok=Mux854jJ","width":767,"height":575,"alt":null},"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Esplanade mixed-use property to undergo major renovation","id":67762,"bundle":"article","summary":"\r\n\tPhoenix - The Esplanade mixed-use development on E. Camelback Road in Phoenix will under significant renovations beginning in first quarter of 2015, according to third-party manager CBRE.\r\n\r\n\t \r\n\r","showSummary":null,"url":"/real-estate/esplanade-mixed-use-property-undergo-major-renovation","date":"2014-11-26T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":{"id":38895,"url":"https://assets1.chainstoreage.com/styles/secondary_articles_short/s3/teaser_image_33294.jpg?itok=L5sH9Z0b","width":767,"height":575,"alt":null},"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Top five priciest retail rents in the world go to…","id":67764,"bundle":"article","summary":"\r\n\tNew York - Manhattan’s high-profile Fifth Avenue, at a whopping $3,550 per sq. ft., and Hong Kong’s Queen’s Road Central, at $2,073 per sq. ft., stand out as the most expensive retail rents in the world, according to Colliers International. Rounding out the top five are Hong Kong’s Canton Road, Manhattan’s Madison Avenue and Paris’ Champs Elysees. (See end of story for a more complete list.)\r\n\r\n\t \r\n\r","showSummary":null,"url":"/real-estate/top-five-priciest-retail-rents-world-go-to","date":"2014-11-26T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":{"id":38890,"url":"https://assets1.chainstoreage.com/styles/secondary_articles_short/s3/teaser_image_33292.jpg?itok=deb6jIwv","width":767,"height":575,"alt":null},"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Fred’s turns red in Q3, will close 47 stores","id":67769,"bundle":"article","summary":"\r\n\tMemphis, Tenn. – Fred’s Inc. swung to a net loss of $10.4 million in the third quarter of fiscal 2014, compared to net income of $7.3 million in the same quarter a year earlier. Costs associated with closing five underperforming stores in the third quarter, and an anticipated 47 stores in the fourth quarter, contributed to the loss, which exceeded Wall Street projections. However Fred’s beat the Street with third quarter sales of$476.2 million, up 3% from $460.5 million. Same-store sales rose 0.3%.\r\n\r\n\t\r\n\r","showSummary":null,"url":"/real-estate/freds-turns-red-q3-will-close-47-stores-2","date":"2014-11-26T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":{"id":38878,"url":"https://assets1.chainstoreage.com/styles/secondary_articles_short/s3/teaser_image_33286.jpg?itok=V6wISJ4N","width":767,"height":575,"alt":null},"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]}]},"title":"REAL ESTATE","contentParagraphs":null,"sections":null};
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Houston - Mattress Firm Holdings met Wall Street expectations with its financial performance in the third quarter of fiscal 2014. In addition, the company increased its guidance for store growth in the fiscal year 2014, and now plans to have opened a total of 200-220 new stores and acquire 665 stores by the end of the fiscal year.
The new store total includes 163 stores opened and 619 acquired so far this year.
Daytona Beach, Florida - One Daytona, the proposed mixed-use and entertainment destination across from Daytona International Speedway in east Central Florida, began early site work November 24, according to joint-venture owners International Speedway Corp. and Jacoby Development. The work underway includes phase one infrastructure improvements by P&S Paving.
Milwaukee - Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Point Loomis Shopping Center located in Milwaukee. Cincinnati-based Phillips Edison purchased the 160,533-sq.-ft. center.
Point Loomis Shopping Center is located at the southwest corner of 27th Street and Loomis Road in Milwaukee, and features Kohl’s, Pick ‘n Save, and Chase Bank.
Philadelphia - Investors are feeling bullish on upcoming retail opportunities in Philadelphia, and it’s evident as JLL’s Capital Markets experts announced the sale of One and Olney Square on behalf of BLDG and The Feil Organization. Wharton Realty Group purchased the center.
Anchored by ShopRite, the community shopping center totals 339,784 sq. ft. and includes tenants such as Dollar Tree, Modell’s and Burger King.
Mooresville, N.C. – Lowe’s Companies Inc. will open three new stores in Canada, starting with a 94,500-sq.-ft. store in Lethbridge, Alberta in spring 2015. Lowe’s also plans to open an 86,000-sq.-ft. store in Saskatoon, Saskatchewan and a 75,000-sq.-ft. store in Saulte Ste. Marie, Ontario.
Fremont, Calif. - Men's Wearhouse will open the first-ever Joseph Abboud retail store in midtown Manhattan in spring 2015. The store follows the launch of JosephAbboud.com in early November.
Corte Madera, Calif. – Restoration Hardware Holdings Inc. has opened RH, The Gallery at the Estate in Buckhead, Georgia. Featuring six floors and nearly 70,000 total interior and exterior square feet, the new retail concept features dramatic interior and exterior installations of home furnishings in a gallery setting.
Phoenix - The Esplanade mixed-use development on E. Camelback Road in Phoenix will under significant renovations beginning in first quarter of 2015, according to third-party manager CBRE.
New York - Manhattan’s high-profile Fifth Avenue, at a whopping $3,550 per sq. ft., and Hong Kong’s Queen’s Road Central, at $2,073 per sq. ft., stand out as the most expensive retail rents in the world, according to Colliers International. Rounding out the top five are Hong Kong’s Canton Road, Manhattan’s Madison Avenue and Paris’ Champs Elysees. (See end of story for a more complete list.)
Memphis, Tenn. – Fred’s Inc. swung to a net loss of $10.4 million in the third quarter of fiscal 2014, compared to net income of $7.3 million in the same quarter a year earlier. Costs associated with closing five underperforming stores in the third quarter, and an anticipated 47 stores in the fourth quarter, contributed to the loss, which exceeded Wall Street projections. However Fred’s beat the Street with third quarter sales of$476.2 million, up 3% from $460.5 million. Same-store sales rose 0.3%.