Development/Redevelopment

Atlanta -- PGA Tour Superstores announced three new store openings in 2014 and an ambitious growth strategy that will more than double its current retail footprint,  adding one million square feet of new golf retail space over the next five years.

As part of its growth plan, the mega-golf retailer will open new interactive retail experience stores this fall in Orlando, Florida; North Scottsdale, Arizona; and Southlake, Texas.

Seattle -- Nordstrom announced plans to open at a Nordstrom Rack at The Shops at River Walk in Bakersfield, Calif. The approximately 35,000-sq-ft. store is scheduled to open in spring 2015.

The new Nordstrom Rack will be the company's first location in Bakersfield.

Bentonville, Ark. – Wal-Mart Stores Inc. reportedly plans to open an additional 40 to 50 wholesale cash-and-carry stores in India during the next four years and also launch an Indian e-commerce operation. According to the Wall Street Journal, Wal-Mart will begin e-commerce sales in India during summer 2014 with one wholesale store offering goods online and delivering them for pickup at other local retailers up to about 25 miles away.

By Scott Klatsky, director of retail leasing, Time Equities, Inc.

New York City is the world’s retail hub — and within the city are major opportunities for retail expansion.

In fact, Time Equities, Inc., has availabilities all over Manhattan — from Greenwich Village/NYU to Midtown to Upper West Side to Tribeca to Financial District ... even Brooklyn Heights.

Purchase, N.Y. — National Realty & Development Corp. has announced that Flynn & O’Hara Uniforms and Advantage Health have inked leases in the 184,575-sq.-ft. Kohl’s Plaza in Holmdel, N.J.  

The center is located at the intersections of Highway 35 and Union Avenue.

Peoria, Ill. — Cullinan Properties has named Patty Kueneke senior real estate representative. She will lease and sell existing and newly developed properties including the Streets of St. Charles in the St. Louis metro area and the Shoppes at River Hill in Topeka, Kan.

Minneapolis — Twin Cities’ fashion retailer “Len” has renewed its lease at Minneapolis City Center with a seven-year commitment. The existing 7,196-sq.-ft. store is the retailer’s only downtown location following the consolidation of several brands and stores over the last six months. The chain operates five more locations in Minnesota and one in Illinois.

Minneapolis City Center is the two-story retail portion of a 1.6 million mixed-use property owned by Shorenstein Properties LLC.

Montmartre, France — Le Coq Rico, a popular Montmartre, France, restaurant has signed into its first location in the United States on 20th Street between Park Avenue South and Broadway in Manhattan’s Flatiron District. The space includes 3,000 sq. ft. on the ground floor and 1,800 sq. ft. on the lower level.

Winick realty Group represented landlord Walter Samuels in the long-term lease transaction. Newmark Grubb Knight Frank represented the restaurant.

Tampa, Fla. — Burger 21 has announced plans to expand in the Phoenix, market with franchise developments. The fast-casual restaurant is currently developing two Arizona locations in Scottsdale and Chandler. Both will open later this year. To date, Burger 21 has 12 open locations and 18 franchised restaurants in development across the country.

A kosher deli and Murray’s Cheese shop will be part of a new 72,000-sq.-ft. Ralph’s Fresh Fare supermarket set to open on Thursday, April 10 in the Los Angeles suburb of Sherman Oaks.