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REAL ESTATE

  • Kohl’s opens eight stores; 50 remodels on tap for 2012

    New York -- Kohl’s Department Stores announced the opening of eight stores, bringing approximately 1,000 new jobs nationwide. The company now operates 1,134 stores in 49 states.

    The new stores are located in seven states, including Florida, Illinois, Missouri, New Hampshire, New York, North Carolina and Pennsylvania. Of the eight locations, seven are small format stores with approximately 64,000 sq. ft. or less of retail space, providing greater real estate flexibility.

  • DSW announces two stores in Manhattan

    New York -- DSW Inc. has opened on 34th Street in Manhattan, in the heart of New York's fashion district. The retailer also announced plans to open a store on the Upper West Side in early summer 2012.

    At over 33,000 sq. ft., the 34th Street location is the one of the largest in the DSW chain. It has three floors of selling space. The DSW store at 79th and Broadway will also be very large, measuring over 32,000 sq. ft.
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  • Starbucks to open 4,500-sq.-ft. 'concept' store in Amsterdam

    Seattle -- Starbucks will open its largest location in Europe, in the center of Amsterdam, on March 9. The 4,500-sq.-ft. store is located in the vault of the historic Amsterdamsche Bank, a landmark building on Amsterdam’s famous Rembrandt Square.

  • Fresh & Easy makes Sacramento debut

    Sacramento, Calif. -- Fresh & Easy Neighborhood Market opened its first two stores in the Sacramento region.

    Three additional locations are scheduled to open next week on March 14.

    In total, Fresh & Easy will open five stores in the region this month, creating more than 150 new jobs.
     

  • Mid-America Real Estate appoints new Michigan principal

    Oakbrook Terrace, Ill. -- Chicago-based Mid-America Real Estate Group announced the appointment of Cynthia J. Kratchman as a new principal at its Detroit-based division Mid-America Real Estate-Michigan Inc.

    Kratchman joins the firm with more than 20 years of retail brokerage experience in Michigan, and will be primarily responsible for tenant representation, surplus disposition and high profile listings.

    Previously, she was a broker with Landmark Commercial Real Estate Services.
     

  • Jones Lang LaSalle executive named receiver of Eastpoint Mall

    Baltimore -- Atlanta-based Jones Lang LaSalle Retail announced that its president Greg Maloney has been appointed receiver of the Eastpoint Mall located in Baltimore County. Under Maloney’s leadership, Jones Lang LaSalle’s retail leasing and management team will assume immediate oversight of the mall and help stabilize the asset.

  • Present Value Properties names real estate director

    Tustin, Calif. -- Present Value Properties announced Tuesday that Annette Kolb has been named director of real estate for the firm.

    Kolb will be responsible for the real estate needs of national chain retailers including Pizza Hut, Long John Silver and Jack in the Box franchisees located in Phoenix, Dallas and Missouri. She will handle lease extensions/renegotiations, new locations and relocations and be based in Phoenix.

  • REI to open stores in San Antonio and Jacksonville

    Seattle — Recreational Equipment Inc. will make its Florida debut in the spring of 2013 with the opening a a store in Jacksonville, Fla. The company also announced that it will open its eighth store in Texas in the city of San Antonio in the fall of 2012.

    The company's first Florida store in Jacksonville will occupy nearly 23,400 sq. ft. and will be located at The Markets at Town Center. The San Antonio location will occupy 27,500 sq. ft.

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