\r\n \r","showSummary":null,"url":"/real-estate/barneys-plans-new-manhattan-flagship-2017","date":"2013-12-19T00:00:00","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":"Cabela’s to open in Fort Mill, S.C.; plans 20 new stores in two years","id":73250,"bundle":"article","summary":"
Sidney, Neb. – Cabela’s plans to open a new store in Fort Mill, S.C., a suburb of Charlotte, N.C. Construction on the 97,500-sq.-ft. store is scheduled to begin in 2014 and Cabela’s anticipates a spring 2015 opening. \r\n \r","showSummary":null,"url":"/real-estate/cabelas-open-fort-mill-sc-plans-20-new-stores-two-years","date":"2013-12-19T00:00:00","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":"Report: Tesco plans India supermarket entry","id":73257,"bundle":"article","summary":"
Cheshunt, England – British supermarket and general merchandise retailer Tesco plc has reportedly applied to the Indian government for permission to buy a 50% stake in the Indian hypermarket chain Trent Hypermarket Ltd. According to Reuters, Tesco wants to open stores in western India and would become the first foreign retailer to open a supermarket in India. \r\n \r","showSummary":null,"url":"/real-estate/report-tesco-plans-india-supermarket-entry","date":"2013-12-19T00:00:00","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":"Report: Whole Foods sees potential for 1,200 U.S. stores","id":73285,"bundle":"article","summary":"
New York -- Whole Foods Market sees the potential to expand to 1,200 stores throughout the United States, which is nearly three times the number of locations it currently operates worldwide, the company’s co-chief executives co-CEOs John Mackey and Walter Robb said in an interview on CNBC on Tuesday. \r\n \r","showSummary":null,"url":"/real-estate/report-whole-foods-sees-potential-1200-us-stores","date":"2013-12-18T00:00:00","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":"Edwards Realty acquires North & Harlem Plaza","id":73269,"bundle":"article","summary":"
Oak Park, Ill. — Edwards Realty Company has acquired the North & Harlem Plaza in Oak Park, Ill., for $4.7 million, according to Mid-America Real Estate, which represented the seller, Hudson Advisors LLC, in the transaction. \r\n \r\nThe 23,320-sq.-ft. center features Dunkin’ Donuts, The UPS Store, Check‘n Go, American Mattress and Batteries Plus.
","showSummary":null,"url":"/real-estate/edwards-realty-acquires-north-harlem-plaza","date":"2013-12-18T00:00:00","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":"Sembler to redo St. Petersburg Publix center","id":73266,"bundle":"article","summary":"
St. Petersburg, Fla. — The Sembler Company is redeveloping the Publix Shopping Center at 3700 4th Street North in St. Petersburg, Fla., on behalf of Publix Super Markets. \r\n \r\nPublix will close the store on Dec. 28 to begin the redevelopment of the 50,600-sq.-ft. grocery store and associated liquor store. Improvements will include the construction of new buildings, new landscaping and parking areas. Publix expects to re-open in its new buildings in late 2014. \r\n \r","showSummary":null,"url":"/real-estate/sembler-redo-st-petersburg-publix-center","date":"2013-12-18T00:00:00","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":"Levin to manage The Shops at 5 in Plymouth, Mass.","id":73270,"bundle":"article","summary":"
North Plainfield, N.J. — The Shops at 5 in Plymouth, Mass., has named Levin Management its exclusive managing agent. \r\n \r\nThe 420,000-sq. ft. open-air shopping center takes its name from its location off Route 3 at Exit 5 on Long Pond Road. Anchor tenants include BJ’s Wholesale Club, TJ Maxx/HomeGoods and Kohl’s. Other national names include The Sports Authority, PetSmart, Pier 1 Imports, Panera Bread and IHOP. \r\n \r","showSummary":null,"url":"/real-estate/levin-manage-shops-5-plymouth-mass","date":"2013-12-18T00:00:00","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":"Starwood acquires seven retail centers in Sweden","id":73267,"bundle":"article","summary":"
London — Starwood Capital Group has acquired seven retail parks and shopping gallerias in Sweden for SEK 3.9 billion, according to CBRE, Starwood’s adviser on the transaction. Kooperativa Forbundet, a Swedish retail group, was the seller. \r\n \r","showSummary":null,"url":"/real-estate/starwood-acquires-seven-retail-centers-sweden","date":"2013-12-18T00:00:00","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":"PREIT finances one mall, pays off another","id":73271,"bundle":"article","summary":"
Philadelphia — Pennsylvania Real Estate Investment Trust has completed the financing of Wyoming Valley Mall in Wilkes-Barre, Pa., and used a portion of the proceeds to repay the mortgage loan balance on Beaver Valley Mall in Monaca, Pa., without penalty. \r\n \r\nThe new 10-year, non-recourse loan on Wyoming Valley Mall totals $78 million and replaces a $65 million loan that was repaid in September. The transaction produced proceeds of $13 million. The interest rate on the new mortgage is 5.17%, a decrease of 68 basis points from the previous rate. \r","showSummary":null,"url":"/real-estate/preit-finances-one-mall-pays-another","date":"2013-12-18T00:00:00","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":"Cushman & Wakefield name president and CEO","id":73268,"bundle":"article","summary":"
New York — Cushman & Wakefield Inc. has appointed Edward C. Forst president and CEO, effective January 6, 2014. \r\n \r\nForst, 53, comes to Cushman & Wakefield from Goldman, Sachs & Co. where he served as global co-head of the Investment Management Division, as a member of the firms management committee and previously as the firm’s chief administrative officer. \r\n \r\nHe has more than 30 years of experience working in international asset management, capital markets and operational leadership. \r\n
New York – Barney’s New York plans to open a flagship in the Chelsea neighborhood of Manhattan in 2017. The downtown store will consist of five floors totaling close to 57,000 sq. ft. and be located on the site of a former Barney’s flagship on Seventh Avenue that was open from 1923-1998.
Sidney, Neb. – Cabela’s plans to open a new store in Fort Mill, S.C., a suburb of Charlotte, N.C. Construction on the 97,500-sq.-ft. store is scheduled to begin in 2014 and Cabela’s anticipates a spring 2015 opening.
Cheshunt, England – British supermarket and general merchandise retailer Tesco plc has reportedly applied to the Indian government for permission to buy a 50% stake in the Indian hypermarket chain Trent Hypermarket Ltd. According to Reuters, Tesco wants to open stores in western India and would become the first foreign retailer to open a supermarket in India.
New York -- Whole Foods Market sees the potential to expand to 1,200 stores throughout the United States, which is nearly three times the number of locations it currently operates worldwide, the company’s co-chief executives co-CEOs John Mackey and Walter Robb said in an interview on CNBC on Tuesday.
Oak Park, Ill. — Edwards Realty Company has acquired the North & Harlem Plaza in Oak Park, Ill., for $4.7 million, according to Mid-America Real Estate, which represented the seller, Hudson Advisors LLC, in the transaction.
The 23,320-sq.-ft. center features Dunkin’ Donuts, The UPS Store, Check‘n Go, American Mattress and Batteries Plus.
St. Petersburg, Fla. — The Sembler Company is redeveloping the Publix Shopping Center at 3700 4th Street North in St. Petersburg, Fla., on behalf of Publix Super Markets.
Publix will close the store on Dec. 28 to begin the redevelopment of the 50,600-sq.-ft. grocery store and associated liquor store. Improvements will include the construction of new buildings, new landscaping and parking areas. Publix expects to re-open in its new buildings in late 2014.
North Plainfield, N.J. — The Shops at 5 in Plymouth, Mass., has named Levin Management its exclusive managing agent.
The 420,000-sq. ft. open-air shopping center takes its name from its location off Route 3 at Exit 5 on Long Pond Road. Anchor tenants include BJ’s Wholesale Club, TJ Maxx/HomeGoods and Kohl’s. Other national names include The Sports Authority, PetSmart, Pier 1 Imports, Panera Bread and IHOP.
London — Starwood Capital Group has acquired seven retail parks and shopping gallerias in Sweden for SEK 3.9 billion, according to CBRE, Starwood’s adviser on the transaction. Kooperativa Forbundet, a Swedish retail group, was the seller.
Philadelphia — Pennsylvania Real Estate Investment Trust has completed the financing of Wyoming Valley Mall in Wilkes-Barre, Pa., and used a portion of the proceeds to repay the mortgage loan balance on Beaver Valley Mall in Monaca, Pa., without penalty.
The new 10-year, non-recourse loan on Wyoming Valley Mall totals $78 million and replaces a $65 million loan that was repaid in September. The transaction produced proceeds of $13 million. The interest rate on the new mortgage is 5.17%, a decrease of 68 basis points from the previous rate.
New York — Cushman & Wakefield Inc. has appointed Edward C. Forst president and CEO, effective January 6, 2014.
Forst, 53, comes to Cushman & Wakefield from Goldman, Sachs & Co. where he served as global co-head of the Investment Management Division, as a member of the firms management committee and previously as the firm’s chief administrative officer.
He has more than 30 years of experience working in international asset management, capital markets and operational leadership.