Development/Redevelopment

Ross Dress for Less opened a new store in Port Hueneme, California on March 5.

The 23,000-sq.-ft. foot store is located at Mandalay Village Marketplace, 63 miles northwest of Los Angeles and 40 miles south of Santa Barbara, along Channel Islands Boulevard and Wheelhouse Avenue.

With this location, Ross operates 278 stores in California, its largest state. The opening is part of the retailer’s 2016 expansion program that will see it open some 70 new locations during the year.

Companies of all sizes, and increasingly retailers, are implementing integrated portfolio management solutions to make smarter real estate decisions and solve their business challenges.

To better support retailers with their real estate portfolios, JLL announced that it has welcomed back Geno Coradini to the firm as executive VP, retail integrated portfolio services lead. He will be responsible for working with our retail tenant representative brokers nationally to support JLL’s retailer client base.

Online fine jeweler Blue Nile is set to open its first physical location outside of New York City in an ongoing effort to reimagine the jewelry buying experience.

Seattle-based Blue Nile said it would open a store at Tysons Corner Center mall in Fairfax County, Virginia by mid-summer as part of a strategy to open four locations this year.

Urban Outfitters is going against the smaller-is-better footprint trend and experimenting with larger-sized stores for its Anthropologie brand.

The retailer is testing four “ultimate experience” Anthropologie stores, ranging in size from 20,000 sq. ft. to 30,000 sq. ft., Women’s Wear Daily reported.

Los Angeles -- CBRE Group for the fifth consecutive year was the top-ranked firm for commercial real estate investment sales throughout the world during 2015, according to Real Capital Analytics (RCA). CBRE has achieved the number one position in each of the five years that RCA has published global rankings.

Real Capital Analytics credited CBRE with 21.9% of market share across all property types, office, industrial, retail, apartment and development sites, in 2015 on a global basis.

Design and architecture giant CallisonRTKL named a global leadership team in retail design that includes the appointment of retail veteran Ignaz Gorischek as VP. He is with the firm’s retail practice group, in the Dallas office.

The grand lady of Los Angeles retailing is getting a major facelift.

Taubman Centers is embarking on a $500 million remodel of Beverly Center this month that promises to transform every aspect of the iconic — and monolithic — eight-story center, which opened in 1982.

Ross Dress for Less opened a new store in O’Fallon, Missouri on March 5.

The 25,000-sq.-ft. store is located at the O’Fallon Walk Shopping Center, 30 miles west of downtown St. Louis along Interstate 70 between Lake St. Louis and St. Peters, on the southwest corner of Highway K and Feise Road.

The opening is part of the retailer’s 2016 expansion program, totaling about 70 new locations during the year.

PizzaRev, a fast-casual pizza concept backed by Buffalo Wild Wings, announced its first locations in New York.

New York is one of five new states that PizzaRev will enter this year, including Massachusetts, Nevada, Ohio, and Tennessee. The company will also make its international debut in Mexico shortly after opening in New York. There are currently more than 150 additional PizzaRev restaurants in various stages of development across the United States and Mexico.

This week I’d like to discuss the re-emergence of skyline signs, but first allow me to offer a quick thank you to the entire Chain Store Age and SPECS Show teams for executing a trade show I won’t soon forget.

Of course, I’m talking about last week’s show at the beautiful Hilton Anatole in Dallas, #SPECS2016.