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Development/Redevelopment

  • La Hacienda #10 to open in Placita de Oro

    Oro Valley, Ariz. -- La Hacienda #10 Mexican Restaurant has inked a lease for 3,619 sq. ft. in the Placita de Oro shopping center in Oro Valley, Ariz. Commercial Retail Advisors represented CTW-FVP, the landlord.

    Fred Wang, an independent real estate broker represented the restaurant.
     

  • Dollar Tree / Deal$ to open in Astoria, N.Y.

    New York -- Dollar Tree / Deal$ has leased 8,000 sq. ft. on Steinway St. in Astoria, New York, according to SRS Real Estate Partners.

    The SRS New York City office represented the tenant, and Lucid Vass Realty Group represented Astoria Properties Company, the landlord.

     

  • Hudson Group takes retail therapy to bustling LAX terminal

    EAST RUTHERFORD, N.J. — The experience of air travel has declined over the years, but the retail experience at airports has consistently been elevated as retailers look for new opportunities, such as this newly renovated Tom Bradley International Terminal, featuring 19 retail stores, at the western gateway to the U.S.

  • Loblaw testing small-store format

    New York -- Loblaw Cos., Canada's largest grocer, is testing a small-store discount under the Box by No Frills banner. 

    The company debuted the concept in Calgary, in a 10,000-sq.-ft. store. The store everyday low price" on groceries and other merchandise, Sarah Davis, Loblaw's CFO said in a conference call Wednesday, The Canadian Press reported.
     

  • Elliman retail team to lease nine Harlem buildings

    New York -- Douglas Elliman’s Retail Group has won exclusive rights to lease a 25,000-sq.-ft., nine-building portfolio in Harlem.

    Five of the buildings are on a central transverse at 135th Street, between Adam Clayton Powell and Frederick Douglass Boulevards, one is on Adam Clayton Powell Blvd. and three are on the revitalized Frederick Douglass Blvd. Store sizes range from 500 to 5,000 sq. ft.

     

  • PizzaRev to play role in Burbank

    Los Angeles -- PizzaRev, the fast-casual artisan pizza concept, will build a flagship location in Burbank’s shopping and entertainment district at the intersection of E. Palm Ave. & N. San Fernando Blvd.

    The company has announced plans to add two new locations in Oxnard and El Segundo, Calif. this summer and to begin franchising soon. PizzaRev currently operates three locations in Studio City, Woodland Hills and Northridge, Calif.

  • Wal-Mart to open a superstore on site of former racetrack

    Cicero, Ill. -- The town of Cicero, Ill., and Wal-Mart Stores announced an agreement on Tuesday to build a Walmart Supercenter on a portion of a former racetrack site.

    Under the contract, Wal-Mart will pay $7.5 million for 24.67 acres of land at the long-vacant and dilapidated Sportsman’s racetrack to construct a 190,000-sq.-ft. store.

    Cicero will continue to own 10 acres of the remaining Sportsman's property, which is reserved for future retail expansion and development.

     

  • Englewood Construction builds Chicago area’s first Ports 1961

    Chicago -- Englewood Construction announced its retail group has begun work on the Chicago market’s first Ports 1961, a luxury apparel retailer, in Rosemont, Ill.
     
    “Ports 1961 chose to enter the Chicago area by locating within Fashion Outlets of Chicago,” said William Di Santo, president of Lemont, Ill.-based Englewood Construction. “The retail world is anxiously awaiting the August 1 opening of this world-class fashion outlet mall in Rosemont.”

  • Regency Centers breaks ground at Juanita Tate Marketplace

    Los Angeles -- Regency Centers Corp. has broken ground on Juanita Tate Marketplace, a $21 million grocery-anchored shopping center in underserved South Central Los Angeles.

    Anchors include a 42,500-sq.-ft. Northgate Gonzalez Market and a 14,576-sq.-ft. CVS/pharmacy. The remaining space will include small shops, quick-service restaurants and a 1050-sq.-ft. educational community center operated by Concerned Citizens of South Central Los Angeles, a community revitalization group once led by Juanita Tate, who died in 2004.

  • BJ's Warehouse opens 200th store

    Westborough, Mass. -- BJ's Membership Club said it has opened its 200th club, located in Fayetteville, N.C.

    Grand opening celebrations will take place on June 22 and 23.

     

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