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REAL ESTATE

  • 7-Eleven acquires 46-store portfolio in South Carolina

    Dallas -- 7-Eleven announced Monday it has closed on the acquisition of 46 Hickory Point and Palms Stores from CB Mart.

    While the terms of this particular deal haven’t been made public, the acquisition boosts 7-Eleven’s Carolinas store count to more than 100 and puts the c-store operator solidly on track to continue its accelerated growth plan. 7-Eleven earlier acquired 55 Sam’s Mart and 13 Fast Track stores in the two-state area.

  • Stater Bros. breaks ground on larger California supermarket

    San Bernardino, Calif. -- Stater Bros. announced Monday the construction start to its newest and most modern supermarket, slated to open in the Redlands Village Shopping Center — a grocery-anchored center being developed by Upland, Calif.-based Lewis Retail Centers in San Bernardino, Calif.

    The 44,000-sq.-ft. store will replace a nearby store that is half that size. The larger format will allow wider aisles, outdoor seating and a variety of departments and amenities, and is slated to open in September.

     

  • Gander Mountain to open firearms store in Minnesota

    New York -- Gander Mountain will open Gander Mtn. Firearms Super Center in Rogers, Minn., in late April. It will be the company's 12th store in the state, but its first dedicated to firearms.

    Gander Mtn. Firearms Super Center will buy and sell a huge selection of used firearms and is staffed by firearms specialists on duty to give shoppers more one-on-one service.

  • Century 21 to unveil expanded Manhattan flagship

    New York -- Century 21 Department Store will unveil its expanded flagship location in downtown Manhattan on April 9. The retailer has added three new selling floors, for a total of six floors and over 225,000 sq. ft. of shopping.

  • Phoenix Premium Outlets officially opens

    Chandler, Ariz. -- Simon Property Group announced Friday that it opened Phoenix Premium Outlets, the upscale outlet shopping center serving the Greater Phoenix and Scottsdale areas.   
     

  • Galleria at Sunset to undergo $7 million remodel; H&M to open

    Henderson, Nev. -- One of Southern Nevada’s largest shopping centers is set to undergo a $7 million renovation, its largest since it opened in 1996. According to mall owner, Cleveland-based Forest City Enterprises, construction is scheduled to begin early April and is slated for completion in the fall.

    Boutique Talulah will join H&M in the newly renovated mall. Bath & Body Works and Express stores will relocate to new locations inside the center.

  • Francesca’s opens at Exton Square Mall, Teavana on deck

    Exton, Pa. -- Philadelphia-based Pennsylvania Real Estate Investment Trust (PREIT) said Tuesday that Francesca’s Collections has opened at its Exton Square Mall property, in Exton, Pa.

    The arrival of the 1,300-sq.-ft. Francesca’s store will soon be joined by Teavana, which is set to open a 1,000-sq.-ft. store this summer.

  • Starbucks ramping up Southeast Asia growth with 200 stores in four years

    Seattle -- Starbucks Coffee Company reaffirmed its commitment to accelerate growth in Southeast Asia, announcing plans to open 100 stores in Indonesia over the next three years and another 100 stores in the Philippines over the next four years.

    Starbucks entered Southeast Asia in 1996 with its first store in Singapore. The company currently operates more than 700 stores across six countries, including Indonesia, Malaysia, the Philippines, Singapore, Thailand and, most recently, Vietnam.

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