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Development/Redevelopment

  • Allen Edmonds opens Philadelphia flagship

    Philadelphia -- Metro Commercial announced that Allen Edmonds has opened a flagship shoe store in Philadelphia, located at the corner of 18th & Chestnut Streets.

    The 1,900-sq.-ft. store opened in February.

    Metro Commercial negotiated the lease on behalf of the landlord Midwood Investment & Development.    

     

  • Fresh Market SVP real estate resigns

    GREENSBORO, N.C. — The Fresh Market, a high growth specialty retailer of high quality food products, has announced the resignation of Randy Kelley as SVP real estate and development who will leave the company to pursue a new business opportunity. Kelley will remain with the company through early spring.

  • The Fresh Market VP real estate to step down

    New York -- The Fresh Market announced the resignation of Randy Kelley as SVP real estate and development. Kelley, who is leaving the grocer, to pursue a new business opportunity, will remain with the company through early spring.

  • Uniqlo to open second U.S. mall location

    New York -- Uniqlo, a division of Japan's Fast Retailing Co., will open its second U.S. mall location, at Palisades Center in West Nyack, N.Y., on March 15.
     
    The 24,000-sq.-ft. store will showcase Uniqlo's complete offering of products for men and women, as well as its spring kids collection.
     

  • A Big Apple backstep for Walmart

    A vocal minority continues to keeps Walmart at bay in New York where reports this week indicated the company has pulled back on expansion efforts there.

    Walmart’s efforts in New York have been a series of fits and starts so to whatever degree the company has pulled back, don’t expect it to last. Walmart will be back and there waiting for it will be those ideologically opposed to anything Walmart does.

  • Ann Inc. delivers fashionable earnings for FY 2012

    NEW YORK — Ann Inc. reported fourth quarter earnings per diluted share of 5 cents, compared with earnings per diluted share of 4 cents in the fourth quarter of 2011.

    For the full year of fiscal 2012, the company reported record earnings per diluted share of $2.10 , an increase of 28% compared with earnings per diluted share of $1.64 in the full year of fiscal 2011.

  • Nordstrom announces two new Rack locations

    Seattle -- Nordstrom announced two new locations for Nordstrom Rack, with stores planned for Chicago and Jacksonville, Fla.

    In Jacksonville, Nordstrom Rack will open in The Markets at Town Center in Jacksonville, Fla. The approximately 35,000-sq.-ft. store is scheduled to open in fall 2013.

    The announcement follows recently announced plans to open a Nordstrom full-line store at St. Johns Town Center in fall 2014. Nordstrom currently operates nine full-line stores and eight Rack stores throughout Florida.

  • PetSmart opening at Rochester Crossing

    Boston -- Boston-based The Wilder Cos. announced Wednesday that PetSmart will grand-open its new store on March 9 at Wilder’s Rochester Crossing, N.H., shopping center.

    The opening of the 12,000-sq.-ft. store will bring the shopping center to 100% occupancy.

    Rochester Crossing, at 304,500 sq. ft., also feature Kohl’s, Lowe’s, Jo-Ann Fabric and Craft, GameStop, Tropical Smoothie and Buffalo Wild Wings.

     

  • Six new tenants to open at Pembroke Mall in 2013

    Virginia Beach, Va. -- Divaris Real Estate announced Wednesday that six new stores totaling 57,434 sq. ft. will open at the company’s Pembroke Mall property, located in Virginia Beach, Va.

  • Big Lots to open at Park Shore Shopping Center

    Naples, Fla. -- Brixmor Property Group said that Big Lots will open a new store at Park Shore Shopping Center, located in Naples, Fla.

    The 35,080-sq.-ft. store will open this year. Park Shore is owned and operated by Brixmor, based in New York City.

     

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