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Development/Redevelopment

  • Fred Segal to occupy all retail space at new SLS Las Vegas resort

    New York -- Fred Segal will open The Fred Segal Collective, a multi-store retail experience, at SLS Las Vegas as part of the hotel’s opening on Aug. 23. In an unusual move, the brand will occupy all of the retail space in the resort.

    The Collective will be integrated throughout the entire SLS experience, creating shopping opportunities from the pool to the casino and dining areas. It will encompass nearly 10,000 sq. ft., with seven individual stores, including She, He, Jeans, Shoes, Jewels, Play and Goods.
     

  • Rappaport signs trio of 7-Eleven deals in Washington, D.C., area

    McLean, Va. --  Rappaport has signed three new 7-Eleven deals in the Washington, D.C., area totaling 9,471 sq. ft. of retail space. 7-Eleven will open new locations inside The Shops of Avondale in Washington D.C., 2001 Clarendon Boulevard in Arlington, Virginia, and 6138 Kings Highway in Alexandria, Virginia.
         

  • Boutique brand Hotel Indigo will make a home at Celebration Pointe

    Gainesville, Fla. -- Hip hotel brand Hotel Indigo has inked a deal to open a 120-room boutique property at mixed-use project Celebration Pointe, in Gainesville, Florida. The InterContinental Hotel Group’s banner will bring boutique style to a neighborhood that has garnered attention for its urban style, featuring a pedestrian-friendly atmosphere, inspired architectural features and abundant green space.

  • Kohl’s has flat Q2; plans four new stores

    Menomonee Falls, Wis. – Kohl’s Corp. had a relatively flat second quarter of fiscal 2014 compared to the same period the previous year. Net income slightly rose to $232 million from $231 million, while sales fell 1% to $4.24 billion from $4.28 billion.

    Same-store sales dropped 1.1%, although Kohl’s said they turned positive in July. Kohl’s plans to open four new stores in fall 2014, including one store which was temporarily closed in the first quarter for a complete re-build.

     

  • Amazon grows California operations

    Amazon plans to open a fifth California fulfillment center in Redlands. Since opening its first fulfillment center in the state less than two years ago, Amazon has expanded its presence to nearly 5 million sq. ft. Amazon’s other California fulfillment centers are located in San Bernardino, Moreno Valley, Patterson and Tracy.

  • Burger 21 continues expansion with strategic franchise agreements

    Tampa, Fla. -- Burger 21, founded by the owners of The Melting Pot Restaurants, has executed its first franchise agreement in Michigan, under which a debut restaurant in Ann Arbor will open summer 2015.

    Additionally, the company signed two franchise agreements for single units in Ocala, Florida, and Raleigh, North Carolina. The new deals are part of the fast-casual concept's growth strategy to expand its presence in new and existing markets nationwide.

    To date, Burger 21 has 13 open locations and 25 franchised restaurants in development.

  • Ascena Retail Group opens DC and shared services complex

    Etna, Ohio -- Ascena Retail Group Inc. has opened its new 880,000-sq.-ft. shared services office complex and national distribution center in Pataskala, Ohio.
     

  • Glimcher names VP development/anchor leasing

    Columbus, Ohio — Glimcher Realty Trust announced that Scott Barrett has been appointed to the role of VP development – anchor leasing. In this role, Barrett will lead the development, leasing and design activity associated with anchor, big-box and peripheral land deals across the portfolio.

  • Chipotle to open at RockPlaza Lofts in Newark

    New York — Winick Realty Group has leased 2,200 sq. ft. for Chipotle Mexican Grill at 222 Market Street, part of the RockPlaza Lofts residential and commercial development in Newark, New Jersey.

    Chipotle is the first national quick-service restaurant to open in Downtown Newark in decades, according to Winick. The new unit is located near Seaton Hall University Law School and the Prudential Center, home of the NHL hockey team New Jersey Devils.

     

  • Walgreens expands health clinics into Dallas-Ft. Worth market

    Deerfield, Ill. - Walgreens is expanding its healthcare clinic retail locations with entry into the Dallas-Fort Worth market. The company plans to bring 13 healthcare clinics at select Walgreens locations to the Dallas Metroplex by the end of 2014.

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