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Development/Redevelopment

  • Eco-friendly home improvement retailer in a retail first

    TreeHouse practices what it preaches.    The retailer, which specializes in supplies and services that promote healthy and sustainable spaces, has expanded beyond its Austin home base, opening in Dallas. Its new 35,000-sq.-ft. outpost is billed as the nation's first energy-positive (meaning it will generate more energy than it uses) big-box store.   

  • Is Amazon Go readying for prime time?

    A recent job listing by Amazon has raised speculation that the online giant plans to roll out its checkout-free convenience store concept, Amazon Go.    The online giant recently posted a job listing seeking a senior real estate manager for Amazon Go. The role will be based in Seattle and will include travel.   

  • Home decor chain enters new market

    At Home, the fast-growing home decor and accessories retailer, continues to grow its store presence.   The retailer has opened its first Massachusetts location, in Seekonk. It's one of 25 stores the chain will open this year.    

  • Minny Penney’s to become an ‘athletic resort’

    The J.C. Penney store in Edina, Minnesota, with little movement in the aisles is about to see a lot more action.    Simon has announced that the 120,000-sq.-ft. space at its Southdale Center will close and be replaced by a Life Time ‘athletic resort.’ The company runs 123 centers in the U.S. promoting healthy eating and exercise regimens. Centers are one-stop fitness shops offering tennis, swimming, basketball, and yoga along with weight loss and nutrition education.  

  • Denver’s RiNo district to get six blocks bigger

    Six blocks of manufacturing operations, auto body shops, art galleries in Denver are about to be redeveloped and outfitted with the fitting Renaissance-like name of Giambrocco.   The co-venture of Tributary Real Estate and Charles Street Partners is an extension of the wildly popular RiNo District and will include 500,000-sq.-ft. of office space, 350 market-rate and affordable apartments, art studios, and retail “strategically located in hot spots,” according to a press release.  

  • Canadian REIT buys five grocery-anchored centers

    The Toronto-based Slate Retail REIT announced it has entered into an agreement to acquire five grocery-anchored centers in Florida and Pennsylvania for a total of $105 million.   “This five-asset portfolio meets all of our acquisition criteria -- attractive returns, markets we like that add scale, pricing well below replacement cost, strong anchors, and in-place rents that are below market,” said Slate CEO Greg Stevenson.  

  • KFC, Marietta, Georgia

    A local landmark, which also happens to be one of KFC's most iconic locations, has reopened after a $2.2 million renovation.  

  • Warehouse club operator entering new territory

    BJ's Wholesale Club is set to open its first location in South Carolina.   The retailer will celebrate the grand opening of its new location in Summerville, South Carolina on Saturday, June 10. The store, which marks BJ's expansion into South Carolina, is located at the intersection of Interstate 26 and North Main Street, Summerville's primary retail corridor.  
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