REAL ESTATE

  • 99 Cents Only opens stores in Southwest

    City of Commerce, Calif. – 99 Cents Only Stores, Inc. is opening two new stores in the Southwestern U.S. today. One is located in Arizona, and one in Texas.

    99 Cents Only is opening its first store in Laveen, Ariz. at 3610 West Baseline Road. The store is approximately 11,685 sq. ft. and will feature a perishable food department, including produce, dairy and frozen foods.

  • Simon receives sustainability recognition

    Indianapolis — Simon Property Group has received recognition for its sustainable efforts.

    First, SPG has been named to the 2013 CDP Global 500 Climate Disclosure Leadership Index (CDLI). The annual index highlights FTSE Global 500 companies that demonstrate leadership through disclosure of information regarding climate change and score within the top 10% of the five hundred companies assessed. This is SPG’s fifth CDLI award and its third due to top score on disclosure of green house gas emissions and energy use.

  • Report: New Balance HQ to include retail space

    Boston – A new headquarters complex athletic shoe manufacturer New Balance is constructing in the Brighton section of Boston will reportedly include 65,000 sq. ft. of retail space.

    According to the Boston Business Journal, ground has been broken on the $500 million, 1.45 million-sq.-ft. site. In addition to New Balance corporate headquarters and retail space, the site will also include an athletic complex, NHL-regulation hockey arena, a hotel, office space, 1,750 parking spaces and its own commuter rail stop.

  • Report: Trader Joe’s to open store in Hingham, Mass., in October

    Monrovia, Calif. – Trader Joe’s will reportedly open a new store in the Hingham Shipyard complex in Hingham, Mass., on Oct. 4.

    According to the Hingham Journal, Trader Joe’s signed a lease with Samuels & Associates in winter 2012 to open a 12,000-sq.-ft. store in the Launch portion of the Shipyard complex.

  • Jamestown Acquires San Francisco’s Ghirardelli Square

    San Francisco — Investment and management firm Jamestown has acquired Ghirardelli Square, a 100,394-sq.-ft. lifestyle and entertainment-oriented retail complex located at San Francisco’s Fisherman’s Wharf for an undisclosed sum. The retail portion of the asset was 55 percent leased at the time of the sale, which includes the Ghirardelli Square Chocolate Company’s U.S. flagship location and numerous boutique shops and restaurants.

  • DSW opens new stores Oct. 3

    Columbus, Ohio – DSW Inc. will open new stores in Baltimore and in Lafayette, La. on Oct. 3.

    The Baltimore store will be located at 3501 Boston Street and the Lafayette store will be located at 609 Settlers Trace Blvd. Customers will be able to participate in the DSW Rewards loyalty program and also participate in the DSW Shoe Lover community on Facebook to receive exclusive offers and giveaways.

     

  • Sam’s Club opens in Rock Hill, S.C.

    Rock Hill, S.C. — Sam’s Club will open its new Rock Hill, S.C., club on Sep. 26. The grand opening will feature Greg Olsen, tight end for the Carolina Panthers, graffiti artist Reid Bramhall, face painting by Tony the Tiger and a book signing by TV chef and restaurateur Jami Deen.

  • Buckle leases space at Golden Triangle Mall

    Denton, Texas — Denim specialty retailer Buckle plans to open a store at Golden Triangle Mall on Oct.17. Golden Triangle, Denton’s only mall, features Macy’s, Dillard’s, J.C. Penney, Sears, Barnes & Noble and DSW Show Warehouse as anchors.

    Cencor Realty Services manages the mall, and The Weitzman Group www.weitzmangroup.com is the exclusive leasing agent for the property.

     

  • Krispy Kreme to open 25 stores in Colombia

    Winston-Salem, N.C. – Krispy Kreme Doughnut Corporation has signed its first development agreement in South America with Bogota-based IRCC Ltda., a subsidiary of the VA! Group. Under the agreement, IRCC expects to develop 25 stores in major cities throughout Colombia, including Bogota, Medellin and Barranquilla, during the next five years.

  • Glen Eagle Square welcomes three more new retailers

    Chadds Ford, Pa. — Three more new retailers have signed leases at Glen Eagle Square. Gap’s national women’s athletic wear brand Athleta, took 5,100 sq. ft. Pet Valu leased 3,200 sq. ft. and Not Your Average Joes, a casual American-style restaurant will occupy more than 7,200 sq. ft.

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