Development/Redevelopment

Topshop/Topman plans to open a 40,000-sq-ft. flagship store on Fifth Avenue in New York. The new Manhattan store will be located on the corner of 49th Street, and is adjacent to Rockefeller Center.

Target plans to open a new store in the city of Kahulu — its first on the island of Maui in Hawaii — in March 2015. The store will be located on Hookele Street as part of the Pu‘unēnē Shopping Center.

The 140,000-sq.-ft. store will feature Target’s everyday essentials and exclusive brands along with a selection of fresh produce, fresh packaged meat and pre-packaged baked goods, as well as a Starbucks and a Target Pharmacy.

New York -- RadioShack Corp. will close about 500 stores within months as part of its ongoing restructuring, the Wall Street Journal reported on Tuesday. The retailer, which is due to report results for the fourth quarter later this month, has about 4,500 locations.

Austin, Texas -- Whole Foods Market has acquired leases from Safeway Inc. for seven locations formerly operated as Dominick's stores. Terms of the agreement were not disclosed.

Philadelphia -- Five Below will enter the state of Tennessee, with plans to open up to five new stores in the market by spring of this year. With this new market, Five Below will operate stores in 20 states.

Canton, Mass. - Dunkin' Brands Group, the parent company of Dunkin' Donuts and Baskin-Robbins, opened more than 50 non-traditional U.S. locations in 2013, at airports and other mass transportation terminals, casinos and resorts, military bases, and colleges and universities around the country.  

Dunkin' Brands currently has more than 600 non-traditional locations in the U.S.

Dallas - Corner Bakery Cafe has awarded its first multi-unit development agreement of 2014, and plans to open nine new restaurants in the Central Valley area of California with new franchise partner C&L Cafe, LLC. The group of veteran restaurant operators plans to open its first cafes in 2014 and the remaining sites over the next five years.

Mississauga, Ont. – Wal-Mart Canada plans to complete 35 supercenter projects in the company's fiscal year which runs from February 1, 2014 to January 31, 2015. The company also will expand its distribution network to support its growth and will continue to expand its Canadian e-commerce operation.  

Milwaukee — NAI MLG Commercial has promoted Kevin Schmoldt to VP. Schmoldt joined the company in 2007 as an intern while studying at the University of Wisconsin – Milwaukee. After becoming a broker associate in May of 2009, he worked with landlords, tenants and investors.

The Wisconsin representative for NAI Global, NAI MLG Commercial is a privately owned commercial real estate company offering a full range of brokerage and property management services.

Los Angeles — PizzaRev will open its seventh location in Van Nuys, Calif., on Feb. 7. PizzaRev is a Los Angeles-based fast casual pizza chain that fires pizzas in just three minutes. Founded in 2012 by entertainment industry executives Irv Zuckerman and Rodney Eckerman.

PizzaRev announced a strategic partnership with Buffalo Wild Wings last March, and Buffalo Wild Wings will open the first PizzaRev franchise location in Sprung 2014 in Minneapolis.