REAL ESTATE

  • Pep Boys acquires 17 L.A.-area Discount Tire Centers

    Philadelphia – The Pep Boys - Manny, Moe & Jack has acquired 17 Discount Tire Centers in Southern California from AKH Co. These 17 stores are located throughout the greater Los Angeles market, from Bakersfield to Orange County.

  • Dick’s opens stores in South Carolina, New Jersey

    Pittsburgh – Dick’s Sporting Goods reopened a newly renovated store in Columbia, S.C., on Sept. 8 and is opening a brand new store in South Plainfield, N.J., on Sept. 13.

    The remodeled 59,000-sq.-ft. store in Columbia includes additional specialized services and hands-on customer experiences, including a golf simulator, a club fitting center, putting green, an archery lane with an on-site bow technician, and bike safety inspections, custom fittings, tune-ups and assembly.

  • Dover Saddlery plans first Florida store

    Littleton, Mass. – Dover Saddlery Retail plans to open its first store in Florida next month. Located in Winter Park, just north of Orlando, the new Dover Saddlery store will offer the retailer’s full line of equestrian products as well as in-store services such as a saddle demo program and custom boot and coat fittings.

    "We are excited to open our first store in Florida and join the equestrian community of Winter Park and the surrounding areas," said Ken Cavanaugh, director of retail at Dover Saddlery.

  • City Sports Boston store to open this week

    Boston -- City Sports announced that it will open its latest retail store this week at 225 Franklin Street, marking the company's eighth store in its hometown Boston market and first in the city's financial district.
     
    The Franklin Street store will open the week of Sept. 9, giving a fresh look to the space once occupied by State Street. This will be the brand's second new store in the Boston area this year, following the opening of City Sports' Chestnut Hill location at The Street this past spring.

  • Nordstrom Rack sets 2014 opening in Riverside, Calif.

    Seattle -- Nordstrom plans to Nordstrom Rack at Riverside Plaza in Riverside, Calif. The approximately 45,000-sq.-ft. store will be the Rack's first location in Riverside County when it opens in spring 2014.

    Riverside Plaza is owned and managed by Vestar.

    "We are excited to have Nordstrom Rack as a tenant at Riverside Plaza," said Jeff Axtell, Vestar VP of acquisitions and development. "Nordstrom Rack is a premier retailer who will be a great complement to our existing tenants."

     

  • Target sets opening dates for 23 more Canadian stores

    Minneapolis -- Target Corporation will open 23 new stores in Canada this fall, including its first stores in Quebec and Nova Scotia, along with additional Ontario locations in Ottawa and surrounding area. Fourteen stores will open on Sept. 17, and nine on Oct. 18.

  • Perkins Restaurant & Bakery expanding in Iowa and Nebraska

    Memphis -- Perkins Restaurant & Bakery announced a six-unit franchise development agreement in Iowa and Nebraska over the next six years.  

    The expanded development of the Iowa/Nebraska area was signed with Perkins franchisee CyHawk Hospitality Inc., which operates six Perkins Restaurants and Bakeries — five in Iowa and another in Independence, Mo.  
     
    The first of the six additional units opened in July in Ankeny, Iowa, to be followed by a location in Norfolk, Neb., slated to open in September.

  • Brooks Brothers unveils San Francisco flagship

    San Francisco -- Brooks Brothers has opened its second largest store in North America, a 26,000-sq.-ft. flagship in San Francisco’s Union Square. 

    The interior takes inspiration from Brooks Brothers’ nearly 100-year-old flagship at 346 Madison Avenue in New York City. In keeping with the atmosphere of the New York space, the first floor of the new store is covered in pale cherry wood. The women’s floor is accented with clean white paneling and marble floors. The mezzanine holds the Red Fleece label for men and women.

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