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Development/Redevelopment

  • Brookshire opens 25 smaller-format stores

    Brookshire Grocery Co. is expanding its portfolio with a new, smaller-store store format.

    The chain held three ribbon-cutting ceremonies on Sept. 13, completing the openings of 25 new Spring Market stores in Texas. The stores are located on former Walmart Express sites, which Brookshire acquired in July.

    The stores bring Brookshire’s total store count to 177.

  • Home furnishings giant in new solar deployment

    Ikea is installing the largest solar rooftop array in the state of Tennessee atop its location in Memphis.

    The store’s 250,675-sq.-ft. solar array consists of a 1.46 MW system, built with 4,424 panels that will produce approximately 2,000,000 kWh of electricity annually for the store, the equivalent of reducing 1,406 tons of carbon dioxide (CO2)).

    For the development, design and installation of the Memphis customized solar power system, Ikea selected Hannah Solar, an Atlanta-based full service, certified solar integrator.

  • ‘Workbars:’ The new gym membership?

    The mobile workforce is changing the face of the workplace, and Staples wants to lead the next phase of this change.  
  • Target thinking small is best for store expansion

    More smaller, “flex-format” stores are in Target’s future.

    Target Corp. CEO Brian Cornell sees the chain eventually opening hundreds of smaller “flex-format” stores, he told reporters Wednesday prior to the company’s fall national meeting at its Minneapolis headquarters, Bloomberg reported.

    Target has opened 23 smaller stores in major cities, with plans to add nine more this year, including one in the Tribeca section of downtown Manhattan.

  • Weis Markets in store conversions

    Weiss Markets is expanding its store portfolio.

    The retailer plans to convert 38 Food Lion supermarket locations to Weis Markets stores. Weiss Markets has completed the purchase of 38 Food Lion stores and plans to convert the locations to the Weiss banner by the end of October. The acquired stores are located in the states of Maryland, Virginia and Delaware.

  • New Lululemon store is a one-of-a-kind for retailer

    Lululemon has opened a new concept store in Toronto that’s unlike anything the retailer has done to date.   The 10,000-sq.-ft. store is part retail, part health food café, part gallery — and part practice studio, according to a report by torontolife.com. It even boasts a trailer.    For more, and photos, click here.
  • Nickelodeon to headline theme park at American Dream

    Triple Five’s American Dream project in the New Jersey Meadowlands got closer to the finish line today with the announcement that Nickelodeon would be attaching its name and entertainment brands to the retail-entertainment center’s theme park.   To be called Nickelodeon Universe, the 8.5-acre indoor amusement park — reputed by Triple Five to be the Western Hemisphere’s largest — will feature rides themed by Mutant Ninja Turtles, SpongeBob SquarePants, Blaze, and the Monster Machines.  
  • St. Georges Crossing reaches full occupancy

    Boating goods retailer West Marine has leased 14,650 sq. ft. at St. Georges Crossing, bringing the Woodbridge, New Jersey, center to full occupancy.   Leasing agent for the center, Levin Management, reports that several other centers in its portfolio have reached 100% occupancy in recent months, indicating renewed strength in both the economy and retail in the Northeast. Levin handles a portfolio of 95 properties in that region and in Mid-Atlantic states.  
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