REAL ESTATE

  • EDENS earns two ICSC Gold awards

    Washington, D.C. — ICSC has named EDENS the winner of two gold awards for its Mosaic development in Fairfax, Va. The awards were for the ICSC United States Gold Design and Development Award in the categories of New Development and Sustainable Design. ICSC announced the winners at the annual Retail Green and CenterBuild Conference in Phoenix.

  • The Fresh Market is going to Jupiter, Fla.

    Jupiter, Fla. — The Fresh Market has signed on as anchor tenant at The Shops at Fisherman’s Wharf in Jupiter, Fla., according to Elion Partners, a real estate investment firm that acquired the property in August. The specialty grocer plans to open in the summer of 2014.

    Now under renovation, the 5.5-acre shopping plaza will soon resemble a European village with a pedestrian-friendly setting and a selection of new retailers.

  • ICSC-NY show attendance leaps 15%

    New York -- Identified as a 2014 industry bellwether, this year’s New York National Conference and Deal Making is up 15% over last year, with some 7,000 people in attendance, according to the International Council of Shopping Centers.

    The increase bodes well for next year, according to Michael P. Kercheval, president and CEO. When attendance is up, he said, the industry grows the following year. When it’s down, a decline has always followed.

  • Nordstrom Rack to increase New Jersey footprint

    Seattle -- Nordstrom announced plans to open a Nordstrom Rack at Livingston Center in Livingston, N.J. The approximately 32,155-sq.-ft. store is scheduled to open in fall 2014.

    The developer for the project is G&S Investors.

    "We're excited about the opportunity to open our third Nordstrom Rack in New Jersey at a great location in the Livingston community," said Geevy Thomas, president of Nordstrom Rack.  

  • Casey’s improves net income 24% in Q2; plans 70-105 new stores annually

    Ankeny, Iowa – Casey’s General Stores’ net income rose more than 24% during the second quarter of fiscal 2014, to $41.3 million from $32.8 million. The company also boosted revenue 5% to $2.01 billion from $1.91 billion.

  • REI heading to Fairbanks, Alaska

    Seattle -- REI will open a store in Fairbanks, Alaska, in the spring of 2014.

    The 30,000-sq.-ft. store will house a bike shop, and ski and snowboard shop offering assembly and repair services, and host free in-store classes.

    "Whether hiking, skiing or practicing yoga, Alaskans are some of the most active people in the country," said Kevin Golic, REI retail director for the Washington and Alaska district.

    REI has a long history in Alaska, dating back to its store in Anchorage, opened in 1979.

     

  • Krispy Kreme opens first Taiwan store Dec. 12

    Winston-Salem, N.C. -- Krispy Kreme plans to open its first store in Taiwan on Dec. 12. The new 2,400-sq.-ft. store will be located in Taipei and is the first of 10 planned Krispy Kreme stores in Taiwan during the next five years by Krispy Kreme's new franchise partner, Huan Hsin Co., Ltd.

    The opening was initially announced to fans of the Krispy Kreme Taiwan Facebook page, and the retailer is giving away more than 10,000 dozen doughnuts at local events throughout Taipei.

  • Office Depot selects Boca Raton for headquarters

    Boca Raton, Fla. -- Office Depot has selected Boca Raton, Fla., for its global headquarters rather than the Naperville, Ill., corporate home of its merger partner OfficeMax.

  • PizzaRev to open in Burbank, Calif.

    Los Angeles — PizzaRev has completed construction on its sixth location and will open in Burbank, Calif., on Dec. 12. PizzaRev uses custom-built 9,600-pound stone-bed “Fire-Deck” ovens to fry pizzas in less than three minutes.

  • Reports: AmazonFresh could expand to San Francisco

    New York — Amazon's fresh food delivery service may be expanding to San Francisco, according to published reports.

    All Things Digital, a Dow Jones-owned website that reports on technology news, reported on several sightings in San Francisco of AmazonFresh trucks, as well as a recent job posting.

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