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Development/Redevelopment

  • Dollar General opens 11,000th store

    Goodlettsville, Tenn. -- Dollar General Corp. has opened its 11,000 store, marking itself as the retailer with the most stores in the United States.

    The st0re is located in Murfreesboro, Tenn. Dollar General said it anticipates opening 650 new stores in 2013. The company plans to create 6,000 new jobs in 2013.

  • Dunkin’ Donuts planning restaurants in Turkey

    Canton, Mass. — As part of Dunkin’ Donuts’ development strategy to increase its international presence, the company has announced plans to develop restaurants in Turkey. The company is seeking large well-capitalized groups with operating experience capable of building out region with a minimum of 20 to 25 restaurants. The schedule calls for the first restaurants to open in early 2015. The goal is to develop more than 100 restaurants over the next 10 years.

  • Epiphany Boutique to join West 7th development

    Fort Worth, Texas — Epiphany Boutique will open a 1,463-sq.-ft. store at West 7th, a mixed-use development at the intersection of West Seventh Street and University Drive in Fort Worth, according to Cypress Equities, the developers of West 7th.

    The store is slated to open in early October. Centennial Retail Services represented the landlord. Epiphany Boutique represented itself.

     

  • Jones Lang LaSalle closes sale of Houston Center

    Houston — Jones Lang LaSalle’s Capital Markets group has closed the sale of Montgomery Plaza on behalf of Weingarten Realty Investors. American National Insurance Company purchased the 304,867-sq.-ft. shopping center, located in Conroe, Texas.

    Montgomery Plaza retailers include Academy Sports & Outdoors, Big Lots, Conn’s Appliances, 99 Cents Only and Petco. In addition to the inline space, there are two multi-tenant pads and two single-tenant pads.

  • Charlotte Russe joins fashion line-up at Denton Mall

    Denton, Texas — Golden Triangle Mall has announced the addition of Charlotte Russe to a list of national and regional tenants that have recently committed to or renewed leases at the renovated mall. The specialty fashion retailer will occupy 4,475 sq. ft. and will open before the holiday shopping season.

    In addition to Charlotte Russe, the list of new retailers includes Buckle, Body Central, Pro Image Sports and food court eateries Italia Express, Tobu Oriental Eatery and Smoothie Paradise.

  • Mixed-use planned for six acres in L.A.’s South Park

    Los Angeles — Mack Urban Real Estate Group and AECOM Capital have acquired six acres in the Los Angeles central business district. The $80 million transaction is the largest land acquisition in the CBD since before the recession. The seller was EVOQ Properties.

    The acquisition is part of a Mack Urban and AECOM plan to build a portfolio of class A, institutional quality multifamily developments in West Coast gateway cities.

  • Pine Tree hires VP design and construction

    Northbrook, Ill. — Pine Tree Commercial Realty has announced the appointment of Julie Zamudio as VP of design and construction. Zamudio most recently served as lead manager of the multi-site group banking and retail sectors in the Chicago office of Lend Lease Construction Inc.

  • PizzaRev: Opening Up the Business to Franchisees

    In its PizzaRev case study series, CSA offers an insider’s look at the conception, initial rollout and growth of the southern Calif.-based fast-casual concept PizzaRev. Likened to “the Chipotle of pizza,” this innovative chain lets customers choose from an artisanal array of toppings to craft their own pizzas very quickly in a high-end stone hearth oven. A test kitchen in Northridge, Calif., was launched in April 2012 and two additional locations quickly followed.

  • Report: Urban Outfitters to build lifestyle village concept in Philly suburb

    New York -- Urban Outfitters has purchased 6.5 acres in the Philadelphia suburb of Devon, Pa., on which is plans to build a lifestyle shopping village concept, according to Racked Philly.

    The report said that the retailer plans to build a Terrain garden center, an Anthropologie, a boutique hotel, two restaurants, and a specialty foods market, along with such other  possibilities as a health/spa facility.

  • Wolverine opens first retail store

    New York -- Wolverine has opened its first permanent store, in New York City’s Nolita neighborhood.

    The store follows a successful pop-up the brand launched last fall. The brand; new location follows the successful New York pop-up venture in fall 2012, and will again offer a curated selection of goods that share Wolverine's commitment to quality, heritage and craftsmanship.

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