REAL ESTATE

  • Atrium acquires Galeria Dominikanska

    Wroclaw, PolandAtrium European Real Estate has acquired the Galeria Dominikanska shopping center in the Polish city of Wroclaw for E151.7 million, according to Dentons Europe, which advised Atrium on the transaction.

    Atrium owns operates and develops retail real estate and shopping centers in Central and Eastern Europe.

  • NYC’s new Pier 57 complex renamed SuperPier

    New York -- Youngwoo & Associates (YWA) announced that the Pier 57 development at West 15th Street in Hudson River Park, Manhattan will now be officially known as SuperPier. Constructed in 1952, Pier 57 was an engineering marvel, built on three giant buoyant and hollow concrete boxes, or concrete caissons. Described as indestructible, it was dubbed “Super Pier” when it opened.  

    The anchor tenants for the new development include:

  • The Dump opens Lombard, Ill., furniture outlet

    Lombard, Ill. — The Dump is opening a new 134,000-sq.-ft. furniture outlet location in Lombard, Ill., today.

     Official opening festivities began at 8:30 a.m. CT with a ribbon-cutting ceremony that will be followed by musical acts.

  • Modell’s opens new Long Island stores

    New York — Modell’s Sporting Goods will celebrate the grand opening of two new stores in Long Island today. The stores are located in the Huntington Shopping Center and Fivetowns Shopping Center.

    The new stores will boost the company’s store-count to 155.

     

  • Whole Foods Market announces plans for store on Chicago’s South Side

    Chicago -- Whole Foods Market plans to open an 18,000-sq.-ft. store on Chicago’s South Side, in the impoverished Englewood neighborhood, in 2015. The store will be built as part of a larger development at the northwest corner of South Halsted and West 63rd Streets. The retail portion of the site is being developed by DL3.

  • Deliv and GGP make same-day-delivery plan

    Palo Alto, Calif. — A subsidiary of General Growth Properties has partnered with Deliv, a company that provides national multichannel retailers with low-cost same-day delivery through crowd-sourced drivers. The initiative aims to meet evolving consumer demands for swifter delivery.

  • Corner Bakery Café expanding in Northeast Florida, Tampa, and San Diego

    Dallas -- Corner Bakery Cafe continues to expand as it moves forward on its goal to more than double its U.S. footprint in the next three to four years. The company announced plans to expand in several areas, including Northeast Florida, Tampa, and San Diego.

    Corner Bakery Cafe said it will open as many as ten new restaurants in Northeast Florida as part of a new multi-unit restaurant franchise agreement with Lee-Wesley Group. These will be the first Corner Bakery Cafes in the Northeast Florida area.

  • GBT Realty adds to shopping center and net lease teams

    Brentwood — GBT Realty Corp. has added four new members to its team.

    Ivan Lozina, a 20-year industry veteran has been appointed senior construction manager. Lozina will oversee construction management for new developments in the Shopping Center Division. Prior to joining GBT, Lozina spent 17 years at Benderson Development Company, managing the construction of more than 20 million square feet of commercial real estate.

  • Dick’s Sporting Goods to open in Duluth, Minn.

    Pittsburgh -- Dick's Sporting Goods will celebrate the opening of its new store in Duluth, Minn., beginning on Sept. 6.

    The Duluth location will be the retailer's ninth store in the state of Minnesota and its 529th nationwide.

     

  • Old Navy to enter Philippines

    San Francisco -- Gap Inc. will open its first franchise-operated Old Navy stores in the Philippines in 2014. Earlier this year, the company announced that it would begin franchising Old Navy stores internationally.

    Gap will partner with Stores Specialists, which operates Gap brand and Banana Republic stores in-market, to open two Old Navy locations in the beginning of 2014 with plans to open additional stores by the end of the same fiscal year.

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