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Development/Redevelopment

  • Kiler rejoins Edens to manage Texas properties

    Just two years after leaving the company, Tom Kiler has rejoined Edens as senior VP in charge of the company’s 20 Texas properties.   Kiler will be responsible for management of the current portfolio in the Lone Star State and will direct acquisitions, development, and operations of Edens properties in Dallas and Houston. These include Houston’s Uptown Park and Dallas’s Preston Royal.  

  • Online apparel retailer making move to brick-and-mortar

    ModCloth, the online apparel retailer known for its indie and vintage-inspired styles, is opening up its first permanent store.   The company will open a 4,000-sq.-ft. location in Austin, Texas, in November, Bloomberg reported. Other locations are likely to follow.  

  • Time Equities buys Dearborn power center for $20.6 million

    Mid-America Real Estate reported it has arranged the sale of the Fairlane Meadows Shopping Center in Dearborn, Michigan, to Time Equities for $20.6 million. The seller was Ramco-Gershenson Property Trust.   The 157,225-sq.-ft. center is situated within a residential development of the same name. The store roster includes Best Buy, Citi Trends, David’s Bridal, Five Below, and Dollar Tree. It is shadow-anchored by Target and Burlington Coat Factory.  

  • Redefining the space

    Retailers, developers attempt to turn shopping centers into gathering places with stores

    Digital moves fast. Business people who disregard the devastating waves of changes it leaves will inevitably be engulfed by them. Consider this rising marketplace tsunami detected by Deloitte Consulting:

  • Project Profiles

    Park West Village

    Location: Cary/Morrisville, North Carolina

    Size: Approximately 750,000 sq. ft.

    Owner: CASTO

    Key tenants: Target, T.J. Maxx, Buy Buy Baby, Ross, PetSmart, Earth Fare, Chili’s, Travinia, Hallmark, Carter’s, Gander Mountain, Stone Theatres, Chico’s, White House Black Market, ULTA, Pier 1, Charming Charlie’s, Firebirds, Blackfinn Ameripub, LOFT, Starbucks

  • The Town Builders

    Leading-edge developers, retailers bring stores to people, not people to stores

  • Tanger breaks ground next to Texas Motor Speedway

    Raceways appear to be the newest fertile ground for retail. International Speedway Corporation recently started construction at One Daytona, a mixed-use project across from Daytona International Speedway, and now Tanger Outlets has started up a new center a lap away from Texas Motor Speedway.  

  • Shop Talk

    TRENDING STORES: PetSmart debuted a new store concept that puts a big emphasis on pet services. The 7,400-sq.-ft. PetSmart Pet Spa, in Oceanside, N.Y., is decidedly smaller than PetSmart’s typical footprint and features a self-service dog wash, a grooming salon and a coffee bar-lounge area. The overall modern design includes a circular “concierge” desk with a bakery full of dog treats.…Amazon Books plans to open its fourth location, a 7,200-sq.-ft. store in Chicago’s Lakeview neighborhood.

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