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Development/Redevelopment

  • Cabela’s misses on Q3 results, to open 13-15 stores annually going forward

    Sidney, Neb. –- Cabela’s Inc. missed Wall Street estimates for earnings and revenue in the third quarter of fiscal 2014. Net income rose 8% to $53.8 million from $49.9 million, dampened by provisions for income taxes.   The retailer said it plans to open 13-15 stores per year for the next several years.  

  • Vaughan Mills opens 50-store expansion

    Toronto, Canada - An $87 million, 200,000-sq.-ft., 50-store expansion has been opened to the public at Vaughan Mills Shopping Centre, operated by Ivanhoe Cambridge. The expansion on the east side of the property features an Event Court, a digital lounge and a Sport Neighborhood.   

  • Vermont’s first Walmart Supercenter opens at Berlin Mall

    Berlin, Vt. -- The Berlin Mall, in Berlin, Vt., hosted the grand opening of the state’s first Walmart Supercenter on Wednesday. The location was previously a 65,000+-sq.-ft. Walmart store that added 26,200 sq. ft. and full-line grocery offerings to bring the retailer’s first supercenter to Vermont.  

  • Modell’s Sporting Goods celebrates 125 years with new store opening

    New York -- Modell’s Sporting Goods will celebrate 125 years in business with the grand opening of its newest location at 1019 Montauk Highway in Shirley, Long Island, bringing the sporting goods chain’s total to 157 storefronts.     The 14,000-sq.-ft. Southport Shopping Center location will officially open on Thursday, Oct. 23 with a ribbon cutting by president and CEO Mitchell Modell and area officials.  

  • Levin Management inks three dozen retail leases in 4 months

  • Construction complete on Azalea Regional Shopping Center

    South Gate, Calif. -- Construction on the Nadel-designed Azalea Regional Shopping Center is now complete, bringing a new 32-acre retail hub to the city of South Gate, Calif. Located at 4635 Firestone Blvd., and owned by Primestor Development, Inc., the project includes more than 370,000 sq. ft. of retail space and 37 stores.   

  • Retail Properties of America receives investment grade rating from S&P

    Oak Brook, Ill. -- Retail Properties of America, Inc. announced that it was assigned a BBB-corporate credit rating from Standard and Poor’s Ratings Services with a stable outlook.    S&P indicated in its announcement that the rating reflects RPAI’s measured investment and operating strategy, and strengthening portfolio fundamentals.   

  • Golfsmith International opens at Downtown Summerlin

    Las Vegas -- Golfsmith International, the world's largest specialty golf retailer, has opened a 23,000-sq.ft. store in the just-opened Downtown Summerlin center, located outside of Las Vegas.     
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