REAL ESTATE

  • Rite Aid brings wellness to Beverly Hills

    Camp Hill, Pa. – Rite Aid is bringing some glitz, as well as health consciousness, to its newly reopened Beverly Hills store. On June 23, Rite Aid re-opened its Beverly Hills store with a major remodel that features its new wellness store design, as well as dining options.

  • dd’s Discounts to open first New Jersey store

    Dublin, Calif. -- dd’s Discounts, a division of Ross Stores, will open its first store in New Jersey, in the town of Ewing, on June 28.

    Including this new location, dd’s Discounts will operate approximately 140 locations in 11 states. The company is on schedule to complete its expansion plan to open approximately 20 locations in 2014.

    Together, Ross Dress for Less and dd’s Discounts currently operate over 1,300 off-price apparel and home fashion stores in 33 states, the District of Columbia and Guam.

  • Original Soupman plans national franchise growth

    New York – Soupman Inc., parent company of specialty restaurant chain The Original Soupman, is partnering with the Atlanta Franchise Group, a franchise development company brought on to grow The Original Soupman's franchise presence across the country.

  • Macerich and HGTV prep holiday marketing effort

    Santa Monica, Calif. — Macerich is collaborating with HGTV, a home and lifestyle cable network, to create Santa HQ, an interactive holiday experience, at 10 Macerich malls. The initiative aims to add digital and social media to the traditional holiday experience of visiting Santa.

  • Three retailers to centers in NW Chicago’s suburbs

    Oakbrook Terrace, Ill. — Mid-America Asset Management Inc. has announced that the firm recently secured new retail leases on behalf of three shopping centers in Chicago’s northwest suburbs.

    Fruitful Yield has taken 6,630 sq. ft. in North Tower Plaza in Elmwood Park, Illinois. The 26,088-sq.-ft. center features Super Cuts, Great American Bagel and Subway. Mid-America represented the landlord, while JLL represented the tenant.

  • Cole Haan opens Tokyo flagship, plans Asia growth

    Scarborough, Maine -- Cole Haan is opening a flagship location in the Ginza, Tokyo's premier shopping district. The 2,000-sq.-ft. store debuts the company’s global format. Cole Haan also plans to use the store as a launching point for growth in the Asia-Pacific region.

    Architecture firm Anderson Architects in New York led the design of the ground-floor store, in partnership with local architects Garde Co.

  • Cullinan promotes Brill to VP, director of leasing

    Peoria, Ill. — Cullinan Properties has promoted Kathleen Cullinan Brill to VP, director of leasing. In her new role, Brill will direct the leasing, sales and marketing functions of Cullinan Properties while managing third party broker relationships.

    Since joining Cullinan in 2006, Brill has completed over 1,000,000 sq. ft. of transactions, including big-box and junior anchor retailers such as Target, Costco, Gordmans and Hy-Vee as well as numerous national and regional small shop tenants and restaurants.

  • Report: Coach to close 70 stores

    New York -- Coach plans to shutter about 70 underperforming stores in fiscal 2015, Crain’s New York reported. The retailer, which has been under heavy competitive pressure from Michael Kors and other upscale companies, also gave a disappointing revenue forecast for its current fiscal year.
       

  • Englewood Construction’s retail group announces three new projects

    Chicago -- Englewood Construction announced its retail group has recently completed an interior build-out for Chicago Cruise Lines and begun work on two new projects, including an American Girl Store in Orlando, Florida.

  • Regency plans redevelopment for Kings Park

    Washington, D.C. — Regency Centers plans to redevelop Kings Park Shopping Center in the Northern Virginia town of Burke. The work will include a facelift, enhanced common areas and structural expansion.

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