\r\n \r\nThe department store company said doesn't expect costs tied to the closing to be material. \r\n \r\nBon Ton received the leasehold interests in the store as part of its Northern Department Store Group acquisition in 2006. \r\n
","showSummary":null,"url":"/real-estate/carsons-store-chicago-suburb-close","date":"2012-08-27T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Nordstrom Rack plans new store in Boston","id":11640,"bundle":"article","summary":"
Seattle -- Nordstrom Inc. will open its outlet format Nordstrom Rack at The Newbury in Boston’s Back Bay area. \r\n \r\nThe two-level, 38,000-sq.-ft. store is scheduled to open in spring 2013. It will replace the former Filene’s Basement space. \r\n \r\nCurrently, Nordstrom opens four full-line stores and four Nordstrom Racks in the Boston market. \r\n
","showSummary":null,"url":"/real-estate/nordstrom-rack-plans-new-store-boston","date":"2012-08-24T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Bernards breaks ground on mixed-use project on Miracle Mile","id":11661,"bundle":"article","summary":"
Los Angeles -- Commercial builder Bernards said it has broken ground on a $105-million, mixed-use project at the intersection of Wilshire Boulevard and La Brea Avenue in the mid-city section of Los Angeles. \r\n \r\nThree years in pre-construction and scheduled for completion in April 2014, the project is being developed by BRE Properties, based in San Francisco. \r\n \r","showSummary":null,"url":"/real-estate/bernards-breaks-ground-mixed-use-project-miracle-mile","date":"2012-08-23T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Essensuals London to make East Coast debut at Cherry Hill Mall","id":11658,"bundle":"article","summary":"
Cherry Hill, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that Essensuals London will open a high-end salon – its first on the East Coast – at PREIT’s Cherry Hill (N.J.) Mall property. \r\n \r\nThe 1,530-sq.-ft. salon will be the third of its kind in the country, and will join recently opened Henri Bendel. Pottery Barn and The North Face are opening in the fall. \r\n \r\n \r\n
","showSummary":null,"url":"/real-estate/essensuals-london-make-east-coast-debut-cherry-hill-mall","date":"2012-08-23T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Ikea proposes store in Miami-Dade","id":11664,"bundle":"article","summary":"
Conshohocken, Pa. -- Ikea said Thursday it is submitting plans for a Miami-Dade store in the City of Sweetwater, Fla., as the second South Florida Ikea store and fourth in the state. \r\n \r\nAccording to the Swedish home furnishings retailer, construction could launch as early as spring 2013 on the new store, with an opening tentatively slated for fall 2014. \r\n \r","showSummary":null,"url":"/real-estate/ikea-proposes-store-miami-dade","date":"2012-08-23T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Lili Salon Spa opens new Galleria location","id":11659,"bundle":"article","summary":"
Minneapolis -- William & Friends, the company behind Lili Salon and Spa concept in Minnetonka, Minn., has opened a second location at Galleria Edina, in Minneapolis. \r\n \r\nThe company worked with Shea, a Minneapolis-based design and marketing firm, on the design of a 5,000-sq.-ft. space formerly occupied by Smith & Hawken. \r\n \r\nLili opened on Aug. 13. \r\n
","showSummary":null,"url":"/real-estate/lili-salon-spa-opens-new-galleria-location","date":"2012-08-23T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Report: H&M to go big in New York City","id":11649,"bundle":"article","summary":"
New York -- H&M will open its largest store in the world, on Fifth Avenue in Manhattan, Women’s Wear Daily reported. \r\n \r\nThe company will open a six-level, 57,000-sq.-ft. store on Fifth Avenue at the corner of 48th Street sometime next year, according to the report. \r\n
","showSummary":null,"url":"/real-estate/report-hm-go-big-new-york-city","date":"2012-08-23T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Receivership Sales: How Lenders Can Protect Their Security and Minimize Liability","id":11670,"bundle":"article","summary":"
By James H. Donell, CPM CCIM, James.Donell@FedReceiver.com \r\n \r\nWhen a commercial real estate property goes into foreclosure, the effects can be damaging for all parties involved – not only for the owner of the property who has defaulted, but also the lender and any additional creditors who may have a lien on the property. \r\n \r","showSummary":null,"url":"/real-estate/receivership-sales-how-lenders-can-protect-their-security-and-minimize-liability","date":"2012-08-23T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]}]},"title":"REAL ESTATE","contentParagraphs":null,"sections":null};
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Philadelphia -- Ulta Beauty will open a flagship in Philadelphia on Rittenhouse Row in the Center City district. The store will be the beauty retailer’s first location in Center City.
“Ulta will open an exciting three level store much like its only other signature urban store in Chicago,” said Steve O’Malley, partner at Fameco Real Estate, who represented the retailer in the transaction.
Canton, Mass. -- Dunkin' Donuts announced the signing of multi-unit store development agreements with four franchise groups to develop 29 new restaurants in Houston and Waco, Texas, over the next several years.
York, Pa. -- The Bon-Ton Stores Inc. said that it plans to close its Carson's store in the River Oaks Mall in Calumet City, Ill., when the lease expires in January.
The department store company said doesn't expect costs tied to the closing to be material.
Bon Ton received the leasehold interests in the store as part of its Northern Department Store Group acquisition in 2006.
Los Angeles -- Commercial builder Bernards said it has broken ground on a $105-million, mixed-use project at the intersection of Wilshire Boulevard and La Brea Avenue in the mid-city section of Los Angeles.
Three years in pre-construction and scheduled for completion in April 2014, the project is being developed by BRE Properties, based in San Francisco.
Cherry Hill, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that Essensuals London will open a high-end salon – its first on the East Coast – at PREIT’s Cherry Hill (N.J.) Mall property.
The 1,530-sq.-ft. salon will be the third of its kind in the country, and will join recently opened Henri Bendel. Pottery Barn and The North Face are opening in the fall.
Conshohocken, Pa. -- Ikea said Thursday it is submitting plans for a Miami-Dade store in the City of Sweetwater, Fla., as the second South Florida Ikea store and fourth in the state.
According to the Swedish home furnishings retailer, construction could launch as early as spring 2013 on the new store, with an opening tentatively slated for fall 2014.
Minneapolis -- William & Friends, the company behind Lili Salon and Spa concept in Minnetonka, Minn., has opened a second location at Galleria Edina, in Minneapolis.
The company worked with Shea, a Minneapolis-based design and marketing firm, on the design of a 5,000-sq.-ft. space formerly occupied by Smith & Hawken.
When a commercial real estate property goes into foreclosure, the effects can be damaging for all parties involved – not only for the owner of the property who has defaulted, but also the lender and any additional creditors who may have a lien on the property.