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Development/Redevelopment

  • Corner Bakery Cafe names former YUM exec as new CFO

    Dallas -- Corner Bakery Café has named Salil Bapat as CFO, effective immediately. Bapat previously was CFO for YUM Brands' Latin America and Caribbean region.

  • Dunkin' Brands added 422 net new Dunkin' Donuts and Baskin-Robbins restaurants in 2014

    Canton, Mass. -- Dunkin' Brands Group, the parent company of Dunkin' Donuts and Baskin-Robbins, announced that in 2014 its U.S. franchisees opened a total of 422 net new Dunkin' Donuts and Baskin-Robbins.

  • PizzaRev to open 20th restaurant

    Los Angeles -- Fast-casual pizza franchise PizzaRev kicks off 2015 with the opening of the chain’s 20th location in just over two years. The new restaurant will open in La Habra, California, one of eight locations scheduled to open in first-quarter 2015. The upcoming expansion will include entrance into four new markets: Bakersfield, San Diego and Santa Barbara in California, as well as Sioux Falls, South Dakota.

  • Whole Foods Market coming to Premier Centre

    Mandeville, La. -- Stirling Properties announced the addition of Whole Foods Market to the tenant lineup at Premier Centre, a 273,000-sq.-ft. shopping center near the intersection of U.S. Highway 190 and North Causeway Boulevard in Mandeville, Louisiana.

  • Olive Garden, Longhorn Steakhouse, Joe’s Crab Shack open in Elmhurst

    Elmhurst, N.Y. --  Tom Rettaliata and Brian Schuster of Ripco Real Estate represented Darden Concepts and Ignite Restaurants in the lease of the site located between Queens Center Mall and the Long Island Expressway (I-495) in Elmhurst, Queens, New York. Olive Garden (8,297 sq. ft.), Longhorn Steakhouse (8,000 sq. ft.), and Joe’s Crab Shack (8,000 sq. ft.) now occupy a previously vacant location at the intersections of 92nd Street and 59th Avenue. All three restaurants face Queens Center.

  • Hockey gear maker Bauer Hockey to open retail stores

    Exeter, N.H. -- Ice hockey equipment manufacturer Bauer Hockey is throwing its puck in the retail arena. The company will open its first-ever store this summer, in the Boston suburb of Burlington, Massachusetts. It will be followed by a second location in the fall, in the Minneapolis area.

  • Natural Grocers opening in Tucson; on track to open 18 stores in 2015

    Tucson, Ariz. -- Natural Grocers by Vitamin Cottage, will open its first store in Tucson, its fourth in Arizona, on Jan. 20.

    The family-run company was built on the premise that "consumers should have access to affordable, high-quality foods and dietary supplements, along with nutrition knowledge, to help support their own health."

  • Report: Stronger economy boosts increase in store construction/renovations

    New York -- A.R.E. (the Association for Retail Environments) is predicting a 10% increase in spending on North American retail store construction and renovations in 2015. The forecast, based on a survey of A.R.E.’s nearly 750 member companies and input from the industry association’s economic advisors, represents the sixth consecutive year of industry growth.

  • Nordstrom Rack to open at Marina Pacifica

    Long Beach, Calif. -- Nordstrom, Inc. announced plans to open a Nordstrom Rack at Marina Pacifica Mall in Long Beach, California. The 24,000-sq.-ft. store is scheduled to open in fall 2015. The property is managed by NewMark Merrill Companies.

    The new Nordstrom Rack will occupy a former Loehmann's space and join a mix of tenants including Best Buy, ULTA Beauty, Pier 1 Imports, AMC Theaters, Barnes & Noble, Sports Authority and Ralphs.

  • Olive Garden and Longhorn Steakhouse join Cross County Shopping Center

    Yonkers, N.Y. -- Tom Rettaliata of Ripco Real Estate leased 13,840 sq. ft. to Darden Concepts in the Cross County Shopping Center located at 8000 Mall Walk in Yonkers, New York.

    The area previously used for parking is now occupied by two freestanding restaurants: Olive Garden (7,448 sq. ft.) and Longhorn Steakhouse (6,392 sq. ft.). Olive Garden opened on October 27, 2014, and Longhorn Steakhouse opened on November 17, 2014.

    The landlord, Brooks Shopping Center LLC, was represented by Guy Mercurio of Macerich.

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