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Development/Redevelopment

  • Carl’s Jr. expands in Texas

    Dallas -- Venture Commercial Real Estate announced the completion of several transactions that will bring new Carl’s Jr. restaurants to Garland, Balch Springs, Lufkin, and Beaumont, Texas, by the end of the year.

    With the addition of these four locations owned and operated by RWJP Star Enterprises, the total number of Carl’s Jr. restaurants in Texas will be 48.

  • Vista Equities to launch second phase of LaCenterra

    Katy, Texas -- Houston-based developer Vista Equities Group reports a rise in lease activity and interest for its mixed-use town center development in Katy, Texas – LaCenterra at Cinco Ranch. The remaining 3,100 sq. ft. of phase one retail space and almost 6,000 sq. ft. of existing office space has been leased.

    New retailers include Another Round and Flip Flop Shop. Businesses relocating or adding locations in LaCenterra include Amerejuve Med Spa, Retina Consultants of Houston and Eventsia Group.

  • Walmart breaks new ground in Chicago

    CHICAGO — About a week after announcing it would join First Lady Obama and other retailers in bringing more choices to so-called "food deserts", Walmart announced its official presence in Chicago today with the news that it has begun work on a new supercenter in Chatham. According to the company, the store will give more options to residents of Chicago's South Side neighborhood while at the same time creating approximately 400 jobs.

  • Post-Recession Leasing Could Prove Challenging for Discounters

    By Michael Havdala, [email protected]

    When the Circuit City and Linens N’ Things spaces began to go dark in 2008, many landlords wondered who would step up to take their places. These concerns only deepened as the economic downturn cast doubt over retail leasing prospects.

  • Walmart breaks ground on new supercenter

    Chicago -- Wal-Mart Stores said Monday it has launched site work for a new store in Chatham, Ill. The new superstore is expected to create 400 new jobs and open in spring 2012.

  • Ulta to open at Hall Road Crossing

    Shelby Township, Mich. -- Centro Properties Group US announced that Ulta will open a 9,405-sq.-ft. store at Hall Road Crossing, located in Shelby Township, Mich.

    Centro Properties Group, based in New York City, is the owner of Hall Road Crossing.
     

  • HomeGoods to open new store in Kohls Plaza

    New Milford, Conn. -- Westport, Conn.-based Charter Realty & Development Corp. said it has arranged a lease for 28,000 sq. ft. for a HomeGoods store in the Kohls Plaza, located in New Milford, Conn.

    HomeGoods will be a part of Litchfield Crossings, which is a new, 282,000-sq.-ft. development that is being built by Scalzo Realty.

  • Bottom Dollar Food grocery chain expanding

    Salisbury, N.C. -- Discount grocery chain Bottom Dollar Food announced Monday plans to enter the greater Pittsburgh and Youngstown, Ohio, markets.

    The expansion includes 14 stores that will open in 2012 and slated to create more than 600 jobs.

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