REAL ESTATE

Barnegat, N.J. — Two long-term lease agreements totaling 6,600 sq. ft. bring retail occupancy to 100% at Bayshore Plaza in Barnegat, New Jersey, according to the 59,000-sq.-ft. property’s leasing and managing firm Levin Management. 

The new tenants include casual Italian restaurant Luigi’s Ristorante and Brick Oven Pizza (2,400 sq. ft.) and non-profit green initiative Greensleeves Boutique (4,200 sq. ft.).

Minneapolis — The Opus Group announced plans to build three 52,000-sq.-ft. retail buildings for St. Paul, Minnesota-based Gander Mountain. The new retail stores will be located in Augusta, Georgia; Newnan, Georgia and Algonquin, Illinois.

Augusta, Georgia — Ben Carter Enterprises will break ground in December on the Outlet Mall of Georgia at Augusta, an 800,000-sq.-ft. fashion outlet mall slated to open in spring 2016.

Ben Carter’s announcement comes on the heels of a key land agreement reached with the owners of the Georgia Theatre Co., who agreed to reposition their theatre to accommodate the mall.

Columbus, Ohio - Sbarro is entering into Bolivia with a new store opening at the Ventura Mall in Santa Cruz. Sbarro Bolivia SRL plans to open a total of 10 eateries in Bolivia during the next decade.

The franchise agreement with Sbarro Bolivia SRL further expands Sbarro's footprint in South America, which currently includes eateries in Brazil and Colombia, as well as locations launching soon in Peru.

New York - Retail developer MarketPlace Development announced that the food and stores at LaGuardia Airport's Terminal B will receive a major overhaul in 2014. With a new terminal slated to start construction in 2015, the redevelopment will provide upgrades for the existing aging terminal, including new shops and restaurants, enhanced amenities and infrastructure upgrades for HVAC and escalators in the food courts.

Katy, Texas - Academy Sports + Outdoors announced a third planned Louisville-area store, in Elizabethtown, Kentucky, scheduled to open in 2015. Academy previously announced stores opening in Louisville and Middletown, which will both open prior to the 2014 holiday season.

All three locations were developed in partnership with GBT Realty Corporation. Academy Sports + Outdoors also announced new multi-year partnerships with both the University of Louisville Cardinals and also the University of Kentucky Wildcats.

There have been more than a few headline-grabbing leadership transitions in the retail world recently. And, to be honest, “transitions” might be too gentle of a euphemism: some big names from some big-name brands have left, been fired, forced out, voted off the board, or otherwise pressured to step down in the last few months.

Sidney, Neb. -- Cabela’s Incorporated announced today plans to open a store in Calgary, Alberta. Construction is scheduled to begin later this year, with a fall 2015 opening.

The 70,000-sq.-ft. store will be located adjacent the Deerfoot Mall, which is currently under plan review as an open air shopping center redevelopment project.

It will be Cabela’s third location in Alberta, joining two locations in Edmonton, which opened in 2011 and May of this year.