Development/Redevelopment

Indianapolis -- The Finish Line has invested $8.5 million to acquire an 18-store chain of specialty running shops with locations in Connecticut, District of Columbia, Florida, Maryland, Massachusetts, New Jersey, New York, and Texas. The stores operate under banners such as Greater Boston Running Co., Texas Running Co., Georgetown Running Co., Princeton Running Company, New York Running Co. and others.

Greensboro, N.C. -- Specialty grocer The Fresh Market reported Wednesday that net income for the second quarter rose to $10.5 million from $6.9 million a year earlier.

Sales rose 13.6% to $259.5 million and same-store sales increased 4.6%, marking the seventh consecutive quarter of comps growth of 4% or greater.

South Deerfield, Mass. -- The Yankee Candle Co. has opened its first company-owned retail stores in Canada. Yankee Candle will open five stores in the greater Toronto area before Sept. 16. The first three locations in Pickering, St. Catharine's and Hamilton, Ontario, are now open. In the coming weeks, the company will open stores in Barre and Kitchener, Ontario.

Omaha, Neb. -- Wal-Mart Stores said it will build its first neighborhood market in Nebraska, a 34,000-sq.-ft. store opening in northwest Omaha.

Walmart last week opened the first of five market stores opening by Nov. 2 in Wichita, Kan. It was the retail giant's first venture into that city with the smaller market stores.

The full range of products to be sold at the new Walmart market includes fresh meats, vegetables, dairy products, dry goods and staples, bakery and deli items, canned and packaged goods, and pet and household supplies.

Mount Laurel, N.J. -- As part of its exclusive national representation of Lumber Liquidators, Metro Commercial announced that it has brokered seven leases totaling nearly 46,000 sq. ft. 

In Georgia, an 8,468-sq.-ft. store in Kennesaw Landing and a 6,000-sq.-ft. store in Newnan opened in July. A 10,151-sq.-ft. store in West Allis, Wis., recently opened, as did a 5,200-sq.-ft. store at Palmetto Palms Business Park in Miami. A second Florida location opened in St. Petersburg earlier this year.

Arlington, Texas -- Centro Properties Group US announced that Shoe Carnival will open a 10,210-sq.-ft. store at Bardin Place Center, located in Arlington, Texas. 

Bardin Place Center is owned by Centro Properties, based in New York City.
 

Tuscaloosa, Ala. -- Dallas-based Cypress Equities said that local fashion boutique Soca Clothing will open a new store at Midtown Village, located in Tuscaloosa, Ala.

The new 1,400-sq.-ft. store is slated to open in September.

Midtown Village is a 350,000-sq.-ft. mixed-use community in the heart of Tuscaloosa featuring retail and restaurant space, as well as office suites.
 

Rio Grande, N.J. -- Centro Properties Group US said that Tuesday Morning will open an 8,094-sq.-ft. store at Rio Grande Plaza, located in Rio Grande, N.J.

Centro Properties Group, based in New York City, is the owner of Rio Grande Plaza.