REAL ESTATE

  • American Melting Pot

    A city with a booming population, one of the nation’s lowest unemployment figures, and an expanding presence on the national and international stage, Houston, Texas is on this rise. Already the fourth largest city in America, Houston has been recognized in recent years as a social and economic powerhouse that deserves to be considered alongside iconic cities like New York and Chicago. Unsurprisingly, Houston’s retail development growth has been a big part of its ascendance.

  • J.C. Penney opens its first-ever store in Brooklyn on Aug. 29

    Plano, Texas -- J. C. Penney Company will open its first-ever store in Brooklyn, further increasing its New York City footprint, on Aug. 29. The all-new 124,000-sq.-ft., single-level store, located in Gateway Center, will provide a look at Penney's updated store model, which includes a new footwear format.  

  • Pass or Fail?

    As an article that appeared recently right here in Chain Store Age noted, there is something interesting going on with back-to-school shopping this year.

  • RadioShack opens 23 interactive remodel stores in Washington, D.C., area

    Fort Worth, Texas -- RadioShack is opening 23 new interactive remodel stores in the Washington, D.C., metro area. RadioShack began remodeling and opening highly experiential concept stores across the country in July 2013, and has refreshed its more than 4,000 U.S. company-owned stores.

    Locally remodeled stores feature RadioShack's new Fix It Here service, a mobile device repair program that typically delivers same-day repair for mobile devices. Technicians will diagnose and repair the device at an in-store kiosk, often in as little as an hour.

  • Fraport to manage retail malls at four U.S. airports

    Frankfurt, Germany – Germany-based airport management services provide the Fraport Group has expanded its international portfolio in the global airport market by acquiring 100% of U.S.-based AMU Holdings Inc., which owns Airmall USA Holdings Inc. Airmall markets space at the aviation hubs of Baltimore, Boston, Cleveland and Pittsburgh.

  • Brighter Dental Care inks lease at The Hills Village Center

    Bedminster, N.J. -- Dental practice Brighter Dental Care has leased 2,600 sq. ft. of the second floor at The Hills Village Center in Bedminster, New Jersey, according to Levin Management, exclusive leasing and managing agent for the 110,800-sq.-ft. center.

  • Hilldale to launch redevelopment

    Madison, Wisconsin -- Hilldale, a 675,000-sq.-ft. center in Madison, Wisconsin, is preparing to launch a major redevelopment that will add 53,000 sq. ft. of new retail and restaurant space built in an outdoor streetscape. As part of the redevelopment, Kate Spade New York, Lucky Brand, Michael Kors and Sperry Top-Sider will join the existing roster of national and local retailers, restaurants and specialty boutiques. The center is owned and operated by WS Development, Chestnut Hill, Massachusetts.

  • P.S. From Aeropostale launches brand in Mexico, 100 stores on tap

    New York -- Aeropostale, Inc. will roll out its P.S. from Aeropostale brand in Mexico through a licensing partnership with Distribuidora Liverpool, S.A. de C.V.  

    P.S. from Aeropostale's expansion plans in Mexico include the opening of branded in-store shops in Liverpool department stores, as well as standalone stores, across Mexico beginning in summer 2014. The first store opened in July at Sante Fe Mall in Mexico City.

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