REAL ESTATE

  • JLL appoints Greg O’Brien CEO, Americas

    Chicago — Jones Lang LaSalle has named Greg O’Brien chief executive officer, Americas. Reporting directly to Colin Dyer, president and CEO of JLL, O’Brien will have overall responsibility for the Americas business. He will be succeeded as CEO, Markets by John Gates. Both appointments are effective immediately.

    Currently a member of the firm’s Americas Executive Committee, which sets the strategic direction for the region, O’Brien will now head this group and join the firm’s Global Executive Board.

     

  • Corner Bakery Café expanding in Sacramento area

    Dallas -- Corner Bakery Cafe rounded out 2013 with a multi-unit restaurant development agreement and plans to open eight new restaurants in the Sacramento area with new franchise partner East Bay Restaurants, Pleasanton, Calif.

    East Bay Restaurants, which owns and operates 48 Burger King and seven Taco Bell restaurants, plans to open its first cafe in 2014 and the remaining sites over the next five years.

  • Target plans new Ohio store

    Minneapolis – Target plans to open a new store in Liberty Township, Ohio, in October 2014. The 130,000-sq.-ft. store will offer a selection of fresh produce, fresh packaged meat and pre-packaged baked goods, as well as a Starbucks and a Target Pharmacy.

  • TargetExpress format in works

    New York -- Target Corp. has signed a lease to open a 20,000-sq.-ft. location in Minneapolis that will serve as a test of a new format called TargetExpress, the New York Times reported. The new unit, considerably smaller than CityTarget’s 80,000- to 125,000-sq.-ft. footprint, would be the chain’s smallest store to date.

  • Fuddruckers enters Dominican Republic market

    Houston — Fuddruckers has opened its first Dominican Republic restaurant in Santo Domingo through a partnership with franchisee Eduardo J. Gadala-Maria and Giancarlo Bonarelli.

    The 3,500-sq.-ft. unit opened in Galeria 360, one of several new shopping malls in the city. Galeria 360 features 120 stores and restaurants plus a large movie theater.

     

  • Divaris announces three Hampton Roads, Va., leases
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  • Slipstream Cocktail & Coffee to launch in Washington, D.C.

    Washington, D.C. - Slipstream, a new coffee and cocktail business with its flagship location set to open along 14th Street in Logan Circle in Washington, D.C., will open in spring 2014. Slipstream will focus on service,e as well as the journey of coffee from source to sip and will complement the coffee with crafted cocktails in the evening.

  • CBRE | FAMECO: All retail, all the time

    Conshohocken, Pa. — CBRE and FAMECO joined forces in 2013. Together, the new entity’s all-retail service lines include retailer representation, owner representation, property management and investment sales.

    CBRE | FAMECO combines the power of CBRE’s global platform with the specialized retail expertise of FAMECO to create a one-stop source for retail occupiers, owners and developers throughout the Mid-Atlantic region and beyond.

  • Art Van Furniture plans two new Chicago-area stores

    Warren, Mich. – Art Van Furniture is adding its seventh Chicagoland location in Downers Grove. Renovations are set to begin to transform the two-story 106,000-square-ft. building into a new store scheduled to open in January 2015.

  • Bar Louie opens in St. Charles, Mo.

    St. Louis — Bar Louie will open its newest location on January 21 in St. Charles, Mo.

    It will be the chain’s fifth Missouri location. The 6,484-sq.-ft.  bar and eatery will seat 241 patrons.

     

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