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Deals

  • Dick's Sporting Goods opens two New York stores

    Dallas -- SRS Real Estate Partners announced that Dick’s Sporting Goods has executed leases and opened stores with affiliates of Forest City Enterprises at two projects in Metro New York.

    A 49,286-sq.-ft. Dick’s opened at Forest City Ratner’s Ridge Hill project in Yonkers, N.Y., anchoring the one million-sq.-ft. center.

    A 35,685-sq.-ft. Dick’s also opened in Staten Island, in a freestanding location in front of Staten Island Mall.

  • Great Clips to open at Shoppes at Citrus Park

    Tampa, Fla. -- Orlando, Fla.-based Crossman & Co. said that it has negotiated a five-year lease at the Shoppes of Citrus Park, in Tampa, Fla.

    Great Clips will open a 1,200-sq.-ft. shop at the Shoppes of Citrus Park.
     

  • HomeGoods to open at Southlake Corners

    Southlake, Texas -- Oak Brook, Ill.-based Inland Western Retail Real Estate Trust said that Inland Western Southlake Corners Limited Partnership, one of its wholly owned subsidiaries, signed a lease with HomeGoods to occupy a 28,098-sq.-ft. location at Southlake Corners in Southlake, Texas. 

    Southlake Corners is a 134,894-sq.-ft. center anchored by Toys “R” Us/Babies “R” Us, Staples and Casual Living.
     

  • Books-A-Million to open 41 locations

    Birmingham, Ala. -- Books-A-Million (BAM), which has been taking over the leases of former Borders locations, will transform 41 of the sites into BAM stores in early November. Most the locations, which are across the nation, represent new markets for the bookseller.

  • Dick’s Sporting Goods opening five stores

    Pittsburgh -- Dick’s Sporting Goods announced it is opening five stores this week.

    The retailer will be opening stores at Fort Smith Pavilion, Fort Smith, Ark.; Springbrook Prairie Pavilion, Naperville, Ill.; Indian Mound Mall, Heath, Ohio; The Shops at Stonewall, Gainesville, Va.; and Lisbon Landing, Lisbon, Conn.

  • Focus on: America’s Top Redevelopers

    In its seventh year, the annual Top Redevelopers survey took a little turn. Chain Store Age’s coverage of the prior year’s redevelopment highlights has been expanded to include an additional six-month period in order to make the results as current as possible. So, instead of covering redevelopment projects that occurred during calendar year 2010, this year’s results include the first six months of 2011, as well.


  • Edens & Avant announces refinancing of unsecured revolving credit facilities

    Columbia, S.C. -- Edens & Avant announced Tuesday that it has closed on the refinancing of its $350 million unsecured revolving credit facility and $30 million unsecured working capital line.

    Both will mature in September 2014, but include two, one-year extensions that could extend both facilities through September 2016.

  • StreetMac acquires Texas and Oklahoma malls

    Northbrook, Ill. -- StreetMac Asset Managers announced that an affiliate has purchased the Brazos Mall in Lake Jackson, Texas, and the Shawnee Mall in Shawnee, Okla., through a joint venture with an affiliate of Stamford, Conn.-based Five Mile Capital Partners. The seller was Lightstone Properties.

    The two malls have a combined 1.14 million sq. ft. of leasable retail space. Terms were not disclosed. The acquisitions represent StreetMac’s inaugural purchases of retail malls in markets nationwide.

  • OfficeMax to relocate in College Station

    College Station, Texas -- Houston-based Baker Katz, an X Team International partner, said that it has completed a lease for the relocation of OfficeMax in College Station, Texas.

  • 99 Cents Only in $1.6 billion buyout

    Commerce, Calif. -- Discounter 99 Cents Only Stores said Tuesday it has agreed to be acquired by a group of investors including its founding family, Ares Management and Canadian Pension Plan Investment Board for $1.6 billion in cash.

    The announcement ends a months-long sales process, which started with a takeover offer from Leonard Green & Partners in March.

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