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Development/Redevelopment

  • Jack Rogers opens its first-ever store

    New York City -- Jack Rogers, the brand best known for its Navajo-inspired sandals, has opened its first retail store, on Madison Avenue in Manhattan.

    The 1,200-sq.-ft. shop features the company’s greatly growing merchandise lineup, which includes a variety of women’s footwear, accessories, and even some apparel.

    The store, designed by New York City-based a+i design, has a nearly all-white interior, with black-oak flooring.
     

  • Amerlux opens facility in China

    Fairfield, N.J. -- Amerlux Global Lighting Solutions recently celebrated the grand opening of Guangzhou Amerlux Lighting Solutions Co. Ltd., its new facility in China, as well as a Hong Kong sales office. The Guangzhou location was officially launched on Feb. 15 with an elaborate traditional Chinese ceremony.

  • VF Corp. to open 400 U.S. stores over next five years

    New York City -- VP Corp. plans to open 400 U.S. stores across its various brands during the next years. The company, whose stable of banners include Vans and The North Face, discussed its plans at an investor conference held recently in New York City.

    In addition to the U.S. expansion, VF is looking to open some 225 stores in Europe and 80 in Asia. The expansion is expected to bring the company’s global store count to 1,500 units.

  • Casual Male Q4 profit up 49.9%, adding 10 to 14 DXL superstores

    Canton, Mass. -- Casual Male Retail Group reported net income of $5.3 million for its fourth quarter, up from $3.6 million in the year ago period. The retailer also said it will expand its superstore format, Destination XL, with 10 to 14 new stores due to open this year.

    Sales for the quarter ended Jan. 29 were up 0.7% to $111.5 million, from $110.7 million a year ago. Same-store sales rose 2.9%.

  • Timberland opens eco-friendly store in Boston

    Stratham, N.H. -- The Timberland Co. has opened its new Boston retail location, at 201 Newbury Street. Construction on the store — housed in the old Prince School building — began earlier this year.

  • Pine Tree Commercial Realty names exec

    Northbrook, Ill. -- Pine Tree Commercial Realty said that it has appointed Thomas Seurynck as VP acquisitions and due diligence.

    Seurynck was previously a senior investment associate and credit/underwriting manager for Wrightwood Capital in Illinois.
     

  • Regency opens three new developments in Colorado and North Carolina

    Jacksonville, Fla. -- Regency Centers announced that it has opened three new grocery-anchored shopping centers totaling 263,000 sq. ft. over a 30-day period.

    The centers -- Market at Colonnade in Raleigh, N.C., Harris Crossing in Wake Forest, N.C. and NorthGate Village in Greeley, Colo. – represent a combined investment of $41 million.

    Market at Colonnade is a 57,503-sq.-ft. neighborhood center anchored by Whole Foods Market and includes 17,503 sq .ft. of additional retail space. Whole Foods Market opened March 16.

  • Simon opens second Premium Outlet Center in South Korea

    Indianapolis -- Simon Property Group announced that, in partnership with Shinsegae, it has opened Paju Premium Outlets, its second Premium Outlet Center in South Korea.

    The 328,000-sq.-ft. center houses 160 stores, including international and domestic brands. Strategically located in Paju, Gyeonggi Province, the center is approximately 50 minutes northwest of downtown Seoul.

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