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Development/Redevelopment

  • Waba Grill Coming to Upland

    Upland, Calif. — NewMark Merrill Companies has announced that Waba Grill will open in February at Upland Town Square in Upland, Calif. The restaurant signed a 10-year lease for approximately 2,008 sq. ft. of space near O’Reilly’s Auto Parts. Voit Real Estate Services represented Waba Grill.

    NewMark Merrill manages Upland Town Square, which is owned by the company’s president and CEO Sandy Sigal.

     

  • JLL appoints Greg O’Brien CEO, Americas

    Chicago — Jones Lang LaSalle has named Greg O’Brien chief executive officer, Americas. Reporting directly to Colin Dyer, president and CEO of JLL, O’Brien will have overall responsibility for the Americas business. He will be succeeded as CEO, Markets by John Gates. Both appointments are effective immediately.

    Currently a member of the firm’s Americas Executive Committee, which sets the strategic direction for the region, O’Brien will now head this group and join the firm’s Global Executive Board.

     

  • Art Van Furniture to Downers Grove in Chicagoland

    Warren, Mich. — Art Van Furniture has announced a seventh Chicagoland location in Downers Grove. For the new store, slated to open in January of 2015, the retailer plans to renovate a two story 106,000-sq.-ft. former Home Depot Expo Center on Butterfield Road off of Interstate 88.

    Art Van Furniture will open its sixth Chicagoland location in Woodridge-Bolingbrook in April. Last year, the retailer rolled out five new stores in the region — in Logan Square, Bedford Park, Orland Park, Batavia and Merrillville.

     

  • Sheetz opens two new stores in North Carolina

    Altoona, Pa. — Sheetz Convenience Restaurants has opened two new locations in North Carolina. One is a 6,400-sq.-ft. store in Goldsboro, featuring a drive-through window, inside seating and a large shopping area. It will be the 59th Sheetz in the state.

    The second store will open in Elkin, bringing the total number of North Carolina stores to 60.

     

  • Eight Corner Bakery Cafes coming to Sacramento area

    Dallas — Corner Bakery Café ended 2013 with a multi-unit restaurant development agreement to open eight new restaurants in the Sacramento area with a new franchise partner, East Bay restaurants of Pleasanton, Calif.

    East Bay owns and operates 48 Burger King and seven Taco Bell restaurants. The group of veteran restaurant operators plans to open its first Corner Bakery in 2014 and the remaining seven over the next five years.

  • Corner Bakery Café expanding in Sacramento area

    Dallas -- Corner Bakery Cafe rounded out 2013 with a multi-unit restaurant development agreement and plans to open eight new restaurants in the Sacramento area with new franchise partner East Bay Restaurants, Pleasanton, Calif.

    East Bay Restaurants, which owns and operates 48 Burger King and seven Taco Bell restaurants, plans to open its first cafe in 2014 and the remaining sites over the next five years.

  • Target plans new Ohio store

    Minneapolis – Target plans to open a new store in Liberty Township, Ohio, in October 2014. The 130,000-sq.-ft. store will offer a selection of fresh produce, fresh packaged meat and pre-packaged baked goods, as well as a Starbucks and a Target Pharmacy.

  • TargetExpress format in works

    New York -- Target Corp. has signed a lease to open a 20,000-sq.-ft. location in Minneapolis that will serve as a test of a new format called TargetExpress, the New York Times reported. The new unit, considerably smaller than CityTarget’s 80,000- to 125,000-sq.-ft. footprint, would be the chain’s smallest store to date.

  • Target to test Express concept this summer

    A 20,000-sq.-ft. store called TargetExpress is set to become the newest addition to the retailer’s portfolio of formats when it opens this July in downtown Minneapolis.

    In an interview with The New York Times, Target EVP for property development John Griffith said Target signed a lease last week for a space on the ground floor of an apartment building called the Marshall which is under construction near the University of Minnesota campus. The store is scheduled to open July 27.

  • NRDC promotes two to executive team

    Purchase, N.Y. — National Realty & Development Corp. (www.nrdc.com) has promoted Dovid M. Spector and Greg A. Oshins have been promoted to the executive team.

    Spector has been promoted to senior VP, leasing. He began his career with NRDC in 2002 as a leasing representative and served as Director of Retail Leasing for the pat six years. Prior to joining NRDC, Spector worked in the Real Estate Business Development division of Morgan Stanley.

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