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Development/Redevelopment

  • Blo/Out Blow Dry Bar opens at Willow Grove Park

    Willow Grove, Pa. — Blo/Out Blow Dry Bar has opened its third area location at Willow Grove Park in Willow Grove, Pa., near Philadelphia. The no-appointment 1,300-sq.-ft. salon offers eight styling techniques plus Blo/Out Express, a 20-minute dry styling treatment.

  • Metro Chicago restaurant, banquet facility goes to auction

    Mokena, Ill. — Micoley.com’s Sept. 28 property auction will offer a restaurant and banquet facility in Mokena, Ill. The two-story restaurant spans 14,754 sq. ft. The site includes 162 parking spaces. Zoning allows other kinds of commercial activity.

    The property has an opening bid of $995,000, substantially lower than the initial asking price of $1,795,000. Offers are expected during the lead up to the auction. Properties such as this frequently sell ahead of their auction date.

     

  • Kay Jewelers opens at Plymouth Meeting Mall

    Plymouth Meeting, Pa. — Kay Jewelers has opened a 1,400-sq.-ft. store at Plymouth Meeting Mall on the second level, just inside the mall nearest the restaurant plaza entrance.

    Owned, managed and leased by Pennsylvania Real Estate Investment Trust www.preit.com, the mall is anchored by Macy’s, Boscov’s and Whole Foods Market and Café.

    Uncle Julio’s Fine Mexican Food Restaurant will also open at Plymouth Meeting Mall during the 2013 holiday season.

     

  • Maui Wowi Hawaiian opens Peoria shop

    Greenwood Village, Colo. — Maui Wowi Hawaiian plans to open a shop in Northwoods Mall in Peoria, Ill. Slated to open in early October, the new Maui Wowi franchise shop will continue the brand’s expansion in Illinois.

    Maui Wowi currently has more than 450 operating units in seven countries.

  • Fuddruckers announces 10 new locations

    Saratoga, Calif. — Fuddruckers is expanding its footprint in Southern California through a new franchise development partnership with Keilah LLC.

    The partnership will open ten new Fuddruckers over the next several years. The first is slated to debut by early 2015.

     

  • A&G Realty brings in senior managing director

    Melville, N.Y. — Mike Matlat has joined A&G Realty Partners as senior managing director in the Melville, N.Y., office. Matlat comes to A&G from DJM Realty, bringing 20 years of real estate expertise in managing special non-retail projects.

    In his new role, Matlat will expand A&G’s real estate advisory services into the hospitality, industrial and residential sectors. He has achieved more than $500 million in sales of warehouse, industrial, hospitality and residential space.

     

  • Cole acquires part of Evergreen Marketplace

    Evergreen Park, Ill. — Cole Real Estate Investments has acquired a 49,225-sq.-ft. portion of the 450,000-sq.-ft. Evergreen Marketplace in Evergreen Park, Ill., for $9.9 million. Mid-America Real Estate Corporation represented the seller, Sterling Bay Companies.

    The center is located just north of the northwest corner of Western Avenue & 95th Street in the near Chicago suburb of Evergreen Park. Meijer, Menards, Michaels and Ross Dress for Less. Cole purchased the portion featuring Michaels and Ross.

     

  • 99 Cents Only opens in Garden Grove, Calif.

    City of Commerce, Calif. — 99 Cents Only Stores will open a 15,635-sq.-ft. store in Garden Grove, Calif., on Sept. 19.

    As part of the grand opening, the first nine customers may buy a 40-inch Westinghouse flat-screen TV for 99 cents. The chain currently operates 326 across the southwest.
     

  • Dunkin’ Brands plans 17 new Dunkin’ Donuts stores in Texas

    Canton, Mass. – Dunkin’ Brands plans to open 17 new franchise Dunkin’ Donuts stores in west and central Texas in the next several years.

  • Report: Projects show Detroit retail development demand

    Detroit – Despite the widely reported financial troubles the Detroit area is facing, four current development projects demonstrate there is demand for new retail stores and restaurants in the city.

    According to an article in Crain’s Detroit Business, all four projects are taking place near the Oakland Mall at the intersection of 14 Mile and John R. roads. Chicago-based Urban Retail Properties is reportedly developing Qdoba Mexican Grill and Starbucks locations off 14 Mile Road that will open later this fall.

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