REAL ESTATE

  • Quincy, Mass., breaks ground on $1.6 billion redevelopment

  • Stride Rite opens Milestone store in Ohio

    Lexington, Mass. - Stride Rite Children's Group has opened its latest “Milestone” concept store at Easton Town Center in Columbus, Ohio. The Milestone concept includes features such as shelves at varying heights so children can easily see all of the styles available, a dedicated “Fit Station” where children can get their feet measured and find out how tall they are by standing against the Fit Totem Pole, rainbow carpeting and a more open floor plan.

  • Cycle Gear opens second store in Chicago area

    Benicia, Calif. -- Cycle Gear Inc. opened its second Illinois store in Tinley Park, a suburb just south of Chicago.

    The motorcycle apparel and accessories chain operates about 100 stores nationwide.

     

  • Lumber Liquidators opens 300th store

    Toano Va. – Lumber Liquidators has opened its 300th store. The store, located in Las Vegas, is the company’s third in Nevada and second in Las Vegas. It also features the retailer’s new “store of the future” format that offers an expanded store showroom of approximately 1,600 sq. ft., including a broader assortment of flooring options, moldings and accessories.

  • CBL in partnership with Tesla Motors

    Chattanooga, Tenn. -- CBL & Associates Properties announced the launch of a partnership with Tesla Motors to install Tesla Supercharging stations at several CBL Malls across the country. Tesla is building a network of stations that will eventually enable Tesla owners to drive coast to coast in their electric vehicles.

  • The Terraces acquired by joint venture

    Washington, D.C. -- Combined Properties and its joint venture partner Saban Capital Group have acquired The Terraces, a 173,000-sq.-ft. community shopping center in Rancho Palos Verdes, a suburb of Los Angeles. Spread across three terraced levels, center retailers include Trader Joe’s, Marshalls, LA Fitness and Starlight Cinemas.

    The joint venture between Combined Properties and Saban Capital Group is assembling a $200 million portfolio of value-add retail centers in Southern California and the Washington, D.C., metro market.

     

  • Rosenfeld Realty Advisors to handle office and retail

    Boca Raton, Fla. -- Orin Rosenfeld has founded Rosenfeld Realty Advisors.

    As president of the new firm, Rosenfeld will draw on 18 years of commercial real estate experience with CBRE and NAI Merin Hunter Codman. The company will specialize in office and retail real estate and will represent both landlords and tenants across South Florida.

     

  • Longview Plaza acquired by Morris-Floyd Capital

    Fort Worth, Texas -- The 15.5-acre Longview Plaza power center has been acquired by Morris-Floyd Capital Partners. Located in Longview, Texas, the property is 100% leased.

    Anchors include Bed, Bath & Beyond, T.J. Maxx, Michael’s, Office Depot, Best Buy and Books-A-Million. Sperry Van Ness brokered the sale. Longview Plaza Ltd. was the seller.

     

  • La Hacienda #10 to open in Placita de Oro

    Oro Valley, Ariz. -- La Hacienda #10 Mexican Restaurant has inked a lease for 3,619 sq. ft. in the Placita de Oro shopping center in Oro Valley, Ariz. Commercial Retail Advisors represented CTW-FVP, the landlord.

    Fred Wang, an independent real estate broker represented the restaurant.
     

  • United Supermarkets to unveil new, Texas-inspired store design

    Snyder, Texas -- United Supermarkets’ store in Snyder, Texas, is set to unveil a fresh new look along with added services resulting from a store remodeling effort now under way.  Snyder will be the first store to receive the new décor – as well as the new United logo.

    “We are excited about the new look we are introducing this year for our United brand, and we are thrilled to be rolling it out first in our Snyder store,” Monica Schierbaum, senior director of marketing for United Supermarkets.

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