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Development/Redevelopment

  • Specialty retailer outsourcing real estate department

    Brookstone has retained New York-based RCS Real Estate Advisors to operate as the retailer’s outsourced real estate department.    Brookstone operates 218 stores across the United States and Puerto Rico in shopping malls, airports and other locations.   
  • Grocer to debut new store brand

    Brookshire Grocery Co. is expanding with a new neighborhood format.    The Tyler, Texas-based supermarket operator will open 26 locations this summer under its new Spring Market banner. The stores will be on the sites of former Walmart Express stores that Brookshire is in the process of acquiring. (The acquisition is scheduled to close in July.) The locations range from southern Louisiana to west Texas.  
  • Entertainment and Experience Guide the Future of Retail

    It’s no secret that mixed-use developments are incorporating an increasing amount of entertainment uses and experience-centric concepts into their projects. Gone are the days of shopping-only destinations. Developers and local municipalities are focusing more and more on complex retail-led mixed-use formats to attain a focal point for social, commercial and economic growth.

  • Technology repair retailer has big growth plans

    Given the growing proliferation of digital devices, it’s no wonder uBreakiFix is feeling bullish about expansion.   The fast-growing technology repair company specializes in same-day repair service of small electronics. With some 200 locations across North America, uBreakiFix opened 24 stores during first quarter 2016. It expects to have a total of 275 stores by year end.   
  • Golf superstore continues to expand

    PGA Tour Superstore opened its 26th store to date — and first store in Minnesota — on June 11.   Located in Minnetonka, in a previous Sports Authority location, the 41,000-sq.-ft. store has 12 interactive simulators, practice hitting bays, a large putting green measuring more than 1,500 sq. ft. and an in-house club-making and repair facility to provide an interactive experience to golf enthusiasts of all levels.  
  • Saks Fifth Avenue, The Galleria, Houston

    Saks Fifth Avenue has relocated its store in Houston’s The Galleria, opening a larger space that offers the ultimate luxury department store experience.  
  • Ralph Lauren poaches Coach, Amazon execs as part of turnaround

    Days after announcing its “Way Forward Plan” reorganizational plan, Ralph Lauren Corp. named three new senior executives who will help oversee it.  
  • Exclusive Videos: CSA TV interviews at RECon 2016

    Retail real estate leaders and analysts discuss the retail landscape, trends in the industry, and projects to keep an eye on.

    Watch the videos here.  
     

  • Louisiana shopping center welcomes new tenants

    Stirling Properties and CBL & Associates Properties, Inc. are announcing several changes to Ambassador Town Center in Lafayette, Louisiana.
     
    Half Shell Oyster House will occupy 5,850-sq.-ft. of restaurant space, and is the newest addition to the eatery line-up. This will mark the ninth location for the seafood restaurant, and the first in Louisiana. Half Shell Oyster House is expected to open in November 2016.
     
    Newly leased, Just 4 Him Men’s Haircut Lounge will occupy 1,267-sq.-ft. and is expected to open in September 2016.

  • Baker Katz redevelops Texas center

    Houston-based Baker Katz has redeveloped and fully leased a retail site in Beaumont, Texas.
     
    Baker Katz principal Kenneth Katz made the announcement.
     
    Baker Katz completely redeveloped the site, beginning with demolishing the previous building with an end plan to create five new spaces for retail tenants. Starbucks, Mattress One and Wingstop will occupy the 6,100-sq.-ft. building. T-Mobile and Access Dental will each have 2,800-sq.-ft. in the second building. There is a new H-E-B located immediately east of the property.
     

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