REAL ESTATE

  • Whole Foods launches construction in Shererville, Indiana

    Chicago — Regency Centers announced the groundbreaking of a new 40,000-sq.-ft. Whole Foods Market, located 25 miles from downtown Chicago in Schererville, Indiana.

    The new store, situated in The Shops on Main shopping center, is projected to open in fall 2015. Current tenants include Homegoods, Gordmans, Ross Dress for Less, and DSW Designer Shoe Warehouse.

  • Ohio companies team toward new restaurant concept

    Youngstown, Ohio — AVI Foodsystems and Cafaro Co. have teamed to bring Bob Evans Farms into the mall food court environment.

    Warren, Ohio-based AVI collaborated with Bob Evans Farms to introduce Bob Evans Express, which scales down the traditional Bob Evans restaurant into a concept that works in venues such as workplace cafes, airports, travel plazas and universities.

  • Nordstrom Rack to open in Staten Island

    New York — Nordstrom has announced plans to open a Nordstrom Rack at the Empire Outlets in Staten Island. The 34,000-sq.-ft. store is scheduled to open in fall 2016. The property is being developed by BFC Partners.

  • RadioShack to open 21 interactive remodel stores in San Francisco

    Fort Worth, Texas -- RadioShack is opening 21 new interactive remodel stores in the San Francisco Bay Area. RadioShack began remodeling and opening highly experiential concept stores across the country in July 2013, and has refreshed its more than 4,000 U.S. company-owned stores.

  • Duxiana to open in Flatiron District

    New York — RKF has arranged a 1,900-sq.-ft. lease with high-end bedding retailer Duxiana at 9 West 20th Street in the Flatiron District. Located on the north block between Fifth and Sixth Avenues, this will become Sweden-based Duxiana’s third Manhattan location, and marks the brand’s return to the Flatiron District after a previous relocation.

  • Lloyd Center, Portland Oregon

    When Cypress Equities completes its plan for updating the interior and exterior of Lloyd Center, located in the heart of the Lloyd District adjacent to downtown Portland, Oregon, it will have executed a vision for a comprehensive redevelopment of the historic shopping center.

    The circa 1960 mall – the largest of its kind when it opened – will receive the following improvements:

  • Cold Stone Creamery enters Kenya

    Scottsdale, Ariz. - Kahala Brands, the parent company of Cold Stone Creamery, has signed a 10-year master franchise agreement with Om Nom Nom Mauritius Ltd. (ONN Ltd.) in Kenya. There are seven stores slated to open during a five-year period and the first location will be in the capital city of Nairobi, scheduled to open in late September.

    ONN Ltd. will offer luxury products as well as ice cream to Kenyan consumers.

     

  • JLL managing two new shopping centers

    Chicago – Retail experts from professional services and investment management firm JLL are managing two new shopping centers. JLL has been retained by Ashkenazy Acquisition Corp. to manage Beverly Connection, a 348,285-sq.-ft. shopping mall in Los Angeles, and also been retained by 759 Ventures LLC to manage the 58,280-sq.-ft. 2424 North Davidson Street center in Charlotte, North Carolina.

  • Academy Sports to open four Orlando stores in 2015

    Katy, Texas - Academy Sports + Outdoors will open four stores in the Orlando, Florida, area in 2015. The four stores will be located in Kissimmee, Lake Mary, Waterford Lakes and Melbourne.

  • Jamba Juice plans 500 new U.S. stores

    Emeryville, Calif. – Jamba Inc., parent company of the Jamba Juice chain, is launching a new franchise recruiting campaign focused on single-store development in existing and new domestic markets. Jamba is looking to add 500 new domestic stores in the next five years and double year-over-year store development via the new recruiting program.

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