Development/Redevelopment

Kroger is thinking big in Texas with a three year, $1.2 billion investment plan and just created a new senior leadership structure to execute the growth strategy.

Kroger’s growth aspirations in Texas will be overseen by two key executives tasked with leading newly created divisions. The retailer created a new Dallas division and a Houston division. The stores in both areas were previously part of the company’s 214 unit Southwest division.

New York - Saks Fifth Avenue Off 5th plans to open a new store in spring 2016 at Gateway Shopping Centers in Austin, Texas. The new 50,000-sq.-ft. store will be fashioned in an open, modular layout, and feature a unique and unparalleled selection of designer finds for both men and women.

Dallas – Encore Retail, LLC, a subsidiary of Encore Enterprises, Inc., has acquired land to develop a 16+ acre high-density Class A mixed-use development in the affluent Town of Bedford, New Hampshire. The development is planned to be over 200,000 sq. ft. and will consist of fashion, recreation, fitness, dining and office space located in New Hampshire's retail and business hub.

The property is positioned along South River Road at the intersection of Route 101 and Everett Turnpike

Chicago – Japanese fast-casual dining chain Jinya Ramen Bar, is using tenant representation from JLL to expand its U.S. brand. Jinya expects to add an additional nine U.S. franchise locations in key cities.

Currently, there are 14 locations throughout Japan, the U.S., Canada and Indonesia, all of which operate under Jinya brands. Senior VP Greg Ferrante and associate Arris Noble are leading the JLL team on this project.

The world's largest home improvement chain is benefiting from Americans spending more on their homes than on their wardrobes, as Home Depot reported record sales and earnings in the second quarter.

Cincinnati - The Kroger Co.is establishing two new supermarket divisions in Texas -- a Dallas division and a Houston division. Previously, both markets were served as part of Kroger's Southwest division.

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For many, the concept of an outlet mall is associated with not only appealing deals on name-brand products, but also with driving long distances to get to the far-flung locations where outlets have traditionally been located.