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Development/Redevelopment

  • Target previews an updated look for Minn. store

    Target is showing off an updated look at its redone store in Minnetonka, Minn.

    The remodeled SuperTarget is serving as a testing ground overall for store updates with bolder, more playful signage, new displays and various new concepts in the grocery area.

    The chain is also putting the spotlight on its “Made to Matter—Handpicked by Target” collection of healthy-living brands,  with more prominent signs on the ends of aisles.

  • Haggen finds another buyer for its stores

    Gelson's Markets is joining Smart & Final on the acquisition of some Haggen properties in Southern California.

    Gelson's, a regional supermarket chain operating in Southern California, announced it is bidding on eight Haggen locations across five counties: Los Angeles County (Santa Monica), Orange County (Laguna Beach, Ladera Ranch), Riverside County (Rancho Mirage), San Diego County (Carlsbad, Del Mar, Pacific Beach) and Ventura County (Thousand Oaks).

  • Report: Troubled American Dream center finally taking shape

    After a false start and years of delays, American Dream Meadowlands, the sprawling retail/ entertainment mega center planned for East Rutherford, New Jersey, is finally taking shape under the reins of new owners Triple Five Corp.

  • Haggen selling 26 stores to Smart & Final

    The bankrupt Haggen supermarket chain is following through on its promise to unload some of its California locations as the company looks to refocus its operations on 37 stores in the Pacific Northwest.

    Haggen announced Monday that it has entered into an agreement with Smart & Final Stores Inc. for it to acquire 28 store leases and related assets from affiliates of Haggen Holdings for $56 million.

  • Federal Realty and partners acquire Shops at Sunset Place for $110 million

    Miami -- Federal Realty Investment Trust, along with partners Grass River Property and The Comras Company, acquired 85% interest in The Shops at Sunset Place -- a 515,000 sq. ft. mixed-use center in South Miami, Florida for $110 million.

    The transaction includes the assumption of an existing $70.8 million mortgage with an interest rate of 5.6% and maturity date of September 2020.

  • Smart & Final to buy 28 stores from Haggen

    The bankrupt Haggen supermarket chain is following through on its promise to unload some of its California locations as the company looks to refocus its operations on 37 stores in the Pacific Northwest.

  • Sembler, Forge acquire St. Petersburg’s grocery-anchored center

    St. Petersburg, Fla. -- The Sembler Company and Forge Capital Partners announced the purchase of Disston Plaza in St. Petersburg, Florida, which will be added to Forge Real Estate Partners III investment fund. The 123,000 sq. ft. shopping center is currently 98% occupied and is anchored by Publix and also includes Bealls Outlet and Dollar Tree.

  • Ross Dress for Less has big plans Oct. 10

    Whatever you have planned for Saturday, Oct. 10, specialty apparel retailer Ross Dress for Less will probably be busier.

    The Ross Stores Inc. banner is opening six new stores, including three in a new market, as well as relocating a store.

  • John Lewis, Birmingham, United Kingdom

    British retailer John Lewis has opened one of its largest department stores ever, in the just-opened Grand Central shopping center in Birmingham.

    The four-level, 250,000-sq.-ft. department store has a strikingly contemporary design and features several new services and concepts, including a new fashion and lifestyle department, loved&found, and the first John Lewis-branded spa, &Beauty. There is also a market stall-styled food offering, The Place to Eat.

  • More offline moves from Warby Parker

    It’s been a busy fall for hip eyewear marketer Warby Parker.

    The company opened its first permanent location in Washington, D.C., in the Georgetown section.

    The 1,230-sq.-ft. store features Warby Parker’s signature classic library design, with custom brass library lamps, suspended globe lighting, chevron wood flooring, walnut shelving, and banquette seating for reading and relaxing.

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