REAL ESTATE

  • Jones Lang LaSalle adds Mexico services

    Mexico City -- Chicago- and Atlanta-based Jones Lang LaSalle announced a major expansion of the firm’s full-service operations in Mexico with the addition of retail services.

    The firm said it has hired Luis Llaca to focus on a wide range of retail services across Mexico, reporting to Pedro Azcue, CEO of Jones Lang LaSalle Mexico.

    Luis was previously VP of retail operations in Mexico for CB Richard Ellis.    
     

  • Survey: Retailers plan to open more stores due to lower rents

    Los Angeles -- A report released Tuesday by commercial real estate firm C.B. Richard Ellis said that 59% of U.S. retailers plan to open more stores due to the attractive rental rates available in the current market environment.

  • Galleria at Tyler names marketing manager

    Riverside, Calif. -- Chicago-based General Growth Properties said that its Galleria at Tyler mall property, located in Riverside, Calif., has named Christina Riojas as its marketing manager.

    Riojas' marketing duties will include the coordination and implementation of strategic advertising, public relations, budgeting, retailer relations and special events.  She most recently comes from Lake Elsinore Outlets (Lake Elsinore, Calif.) as marketing director.

  • Unleashed by Petco to open at Snell & Branham Plaza

    San Jose, Calif. -- Jacksonville, Fla.-based Regency Centers said it has leased retail space in San Jose, Calif., to a new concept by Petco at Snell & Branham Plaza.

    Specializing as a smaller neighborhood Petco store with pet supplies, products and pet food, Unleashed by Petco has leased 4,467 sq. ft. of space. The business is slated to open in fall 2011, bringing the center to 97% leased.

  • Office Depot opens first Caribbean location

    Boca Raton, Fla. -- Office Depot is expanding into the Caribbean as part of its franchise agreement with Benmore International. The company has opened a store in Santo Domingo, Dominican Republic. It plans to open three additional locations in the Dominican Republic in 2012.

    In addition to its operations in various Central American countries and Puerto Rico, Office Depot plans to further expand its business throughout the Caribbean.

  • Seattle’s Best Coffee opens 12 stores

    Seattle -- Seattle's Best Coffee, which is owned by Starbucks, has opened 12 stores since April, bringing it to almost 100 locations in the United States and Canada. The expansion reflects the chain’s strategy to build upon the brand’s broad distribution network of franchised locations, company-operated stores, relationships with restaurant chains, and foodservice locations.

  • Toys ‘R’ Us to cut back on holiday pop-up

    New York City -- Toys “R” Us will open fewer holiday pop-up stores this year, Reuters reported.

    In 2010, the chain opened some 600 temporary Toys “R” Us stores nationwide. But spokeswoman Kathleen Waugh said the company has decided to open fewer stores this holiday season, according to the report.

  • Walmart debuts neighborhood market concept in Nebraska

    Omaha, Neb. -- Wal-Mart Stores said it will build its first neighborhood market in Nebraska, a 34,000-sq.-ft. store opening in northwest Omaha.

    Walmart last week opened the first of five market stores opening by Nov. 2 in Wichita, Kan. It was the retail giant's first venture into that city with the smaller market stores.

    The full range of products to be sold at the new Walmart market includes fresh meats, vegetables, dairy products, dry goods and staples, bakery and deli items, canned and packaged goods, and pet and household supplies.

  • Yankee Candle expanding into Canada

    South Deerfield, Mass. -- The Yankee Candle Co. has opened its first company-owned retail stores in Canada. Yankee Candle will open five stores in the greater Toronto area before Sept. 16. The first three locations in Pickering, St. Catharine's and Hamilton, Ontario, are now open. In the coming weeks, the company will open stores in Barre and Kitchener, Ontario.

  • Tuesday Morning to open at Rio Grande Plaza

    Rio Grande, N.J. -- Centro Properties Group US said that Tuesday Morning will open an 8,094-sq.-ft. store at Rio Grande Plaza, located in Rio Grande, N.J.

    Centro Properties Group, based in New York City, is the owner of Rio Grande Plaza.
     

X
This ad will auto-close in 10 seconds