REAL ESTATE

  • Dunkin’ Donuts planning restaurants in Turkey

    Canton, Mass. — As part of Dunkin’ Donuts’ development strategy to increase its international presence, the company has announced plans to develop restaurants in Turkey. The company is seeking large well-capitalized groups with operating experience capable of building out region with a minimum of 20 to 25 restaurants. The schedule calls for the first restaurants to open in early 2015. The goal is to develop more than 100 restaurants over the next 10 years.

  • Cencor names marketing director for Denton mall

    Denton, Texas — Cencor Realty Services has named Carrie Carter director of marketing for Golden Triangle Mall in Denton, Texas. Carter’s new responsibilities include creating and executing the mall’s marketing, public relations, advertising and social media programs. She will also support the mall’s current renovation through the development of marketing, collateral and presentation materials.

  • Mixed-use planned for six acres in L.A.’s South Park

    Los Angeles — Mack Urban Real Estate Group and AECOM Capital have acquired six acres in the Los Angeles central business district. The $80 million transaction is the largest land acquisition in the CBD since before the recession. The seller was EVOQ Properties.

    The acquisition is part of a Mack Urban and AECOM plan to build a portfolio of class A, institutional quality multifamily developments in West Coast gateway cities.

  • Super Chicken signs into Waldorf Shoppers World

    Rockville, Md. — Super Chicken has taken 3,436 sq. ft. of space at Waldorf Shoppers World in Waldorf, Md. The restaurant specializes in Peruvian-style chicken dishes and operates seven locations in the greater Washington, D.C., area.

    Divaris Real Estate represented the tenant, Chicken Rico Waldorf in the lease negotiations.

  • Natural Grocers opens second Tulsa store

    Denver — Natural Grocers by Vitamin Cottage has announced the grand opening of a second store in Tulsa, Okla., on Oct. 22.

    The store will have its first free cooking class at noon on opening day, with nationally recognized nutrition expert Cary Tamburro, BS, making “Smoothies to Jump Start Your Health.”

     

  • Regional mall REITs take on e-commerce

    New York -- While online retail sales continue to rise, regional malls continue to generate profits, according to an SNL Financial LC analysis.

    The U.S. Census Bureau has estimated that retail e-commerce sales for the second quarter of 2013 grew by 4.9% over the prior quarter to $64.8 billion, an 18.4% gain over the preceding 12 months. Still, e-commerce accounts for less than 6% of retail sales, according to SNL (www.snl.com).

  • Pine Tree hires VP design and construction

    Northbrook, Ill. — Pine Tree Commercial Realty has announced the appointment of Julie Zamudio as VP of design and construction. Zamudio most recently served as lead manager of the multi-site group banking and retail sectors in the Chicago office of Lend Lease Construction Inc.

  • Charlotte Russe joins fashion line-up at Denton Mall

    Denton, Texas — Golden Triangle Mall has announced the addition of Charlotte Russe to a list of national and regional tenants that have recently committed to or renewed leases at the renovated mall. The specialty fashion retailer will occupy 4,475 sq. ft. and will open before the holiday shopping season.

    In addition to Charlotte Russe, the list of new retailers includes Buckle, Body Central, Pro Image Sports and food court eateries Italia Express, Tobu Oriental Eatery and Smoothie Paradise.

  • Dunkin’ Donuts plans three stores in northern Colorado

    Canton, Mass. – Dunkin’ Donuts plans to develop three new restaurants throughout northern Colorado, in the surrounding areas of Fort Collins, Loveland, Greeley, Windsor, and Estes Park. The first restaurant is expected to open in 2015 and the remainder by 2017.

    New franchisees Doug Patterson and Cameron Stapleton signed a multi-unit development agreement. Stapleton will manage and oversee the company's daily operations for each restaurant. Franchise opportunities in the state are still available in Colorado Springs.

  • Stater Bros. VP of real estate passes away

    San Bernardino, Calif. -- Stater Bros. Markets announced that its VP of real estate, Mike Slaton, died suddenly on Sept. 28.

    As a tribute to Slaton, the new 44,000 sq. ft. Stater Bros. supermarket, which opened last week in Redlands, Calif., will be dedicated in his honor.

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