REAL ESTATE

  • Stirling acquires John Toomey & Co. in Mobile, Alabama

    Covington, La. — Stirling Properties has acquired John Toomey & Co., a commercial real estate company based in Mobile, Alabama. Stirling will add Toomey’s 1.8-million-sq.-ft. portfolio to its own, bringing the total to 15.5 million sq. ft.

    John Toomey and his team will join Stirling Properties, with Toomey serving as broker/new business development coordinator for the Mobile area.

  • Report: Retail development planned for Sioux Falls, South Dakota

    Sioux Falls, S.D. – A retail center is being planned for Sioux Falls, South Dakota. According to the Argus Leader, preliminary plans for the Market at Canyon Creek Development include two 17,000-sq.-ft. retail buildings and include a drug store, three restaurants and a bank.

    Owner RMB Associates hopes to have the site developed by 2016. A Get N Go convenience store is also planned for the northeast corner of the site, which is owned by Olson Oil Co.

     

  • Sembler Co. shifts into high gear

    St. Petersburg, Fla. — On the eve of RECon 2014, The Sembler Co. is gunning its development, property management and acquisition motors. The company has more than 2.8 million sq. ft. in various stages of ground-up development. Its leasing and retention rates are at the highest levels in years. And the company’s acquisition program is active as well.

    On the development side, Sembler and partner Lennar Commercial are in the predevelopment stage of an 800,000-sq.-ft. regional shopping center called Town Madison in Madison, Alabama.

  • Chico’s to make Canadian debut with three stores in August

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  • CST Brands plans 38 new stores

    San Antonio – Convenience store operator CST Brands plans to open 38 new stores in North America during fiscal 2014. That includes 30 new stores in the U.S. and eight in Canada.

  • Filson Co. debuts in Manhattan

    Seattle -- Outdoor garments and accessories outfitter C.C. Filson Co. has opened its first retail store on the East Coast, in downtown Manhattan.

    The approximately 1,800 sq.-ft. store sells the company’s signature luggage, leather accessories, apparel and iconic outerwear, and also is the first Filson location to offer its new line of camera bags, developed in collaboration with Magnum Photos.

     

  • Talking Real Estate With Corey Bialow

    Bialow Real Estate is a full-service real estate consulting firm dedicated to servicing the needs of retailers — local, regional and national retailers. Bialow provides all of the traditional functions of an internal real estate department including strategic planning, market analysis, site selection, lease negotiations and coordination of the fit out or construction process on through to store opening.

  • ICSC designations and awards

    Woodland Hills, Calif. — NewMark Merrill Companies has announced that Heather Danko and Danielle Bovard have received the Certified Marketing Director designation from the International Council of Shopping Centers.

    The CMD designation is awarded for expertise in multiple disciplines including marketing management, research, marketing plan implementation, public and community relations, advertising, and media buying.

  • Westminster, Colorado, will redevelop former mall site

    Westminster, Colo. — The Westminster Economic Development Authority and the city of Westminster, Colorado, have entered into an agreement with OliverMcMillan to redevelop the 105-acre site of the former Westminster Mall.

  • Macerich will renovate Niagara Falls outlet center

    Niagara Falls, N.Y. — Macerich has announced plans to renovate and expand Fashion Outlets of Niagara Falls USA. The project will add nearly 175,000 sq. ft. of retail and bring in 50 new tenants. With approximately 700,000 sq. ft. of top designer brand retailers, the expanded center will be one of the largest outlet malls in the country.

    New retailers will include Disney, Forever 21, Helly Hansen, Kenneth Cole, Steve Madden, Swarovski, the Limited, White House|Black Market and others. To date, 77% of the expansion has been leased.

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