Skip to main content

Development/Redevelopment

  • Art Institute of St. Louis to open at Streets of St. Charles

    St. Charles, Mo. -- Peoria, Ill.-based Cullinan Properties announced that The Art Institute of St. Louis has signed a lease and will be opening a school at the new Streets of St. Charles mixed-use development, with classes scheduled to begin in July.

    The development, located in St. Charles/Metro St. Louis, is currently delivering spaces to all of its phase one tenancy.

    The Art Institute of St. Louis is one of The Art Institutes, a system of more than 50 educational institutions located throughout North America.

  • Bed Bath & Beyond to open at Village South at Waugh Chapel

    Washington, D.C. -- Sax Realty said that Bed Bath & Beyond will open a new 28,000-sq.-ft. store at Village South at Waugh Chapel, the largest power strip being built in the Washington, D.C., area.

    The store is slated to open in the fall.

    The one million-sq.-ft. mixed-use development, developed by Greenberg Gibbons, is also anchored by Wegman's, Target, Regal Cinema, Dick's Sporting Goods and Petco.

  • Cullinan Properties names new team members

    Peoria, Ill. -- Christopher M. West, COO and partner of Cullinan Properties, announced several additions to the Cullinan team.

    Shawn Luesse has been hired as project manager for the Streets of St. Charles mixed-use development in metro St. Louis. Luesse was previously director of development for the G & T Group, based in Champaign, Ill.

    Seth Marks has joined the team as leasing representative, assisting with the retail, restaurant and entertainment leasing for The Streets of St. Charles and the Quincy Mall in Quincy, Ill.

  • Federal Realty Celebrates a Half-Century in Retail

    As one of the oldest REITs in existence today, Federal Realty Investment Trust has every right to send up some fireworks over reaching the 50-year mark this year.

    The Rockville, Md.-based real estate company was established in 1962 with three properties in the metropolitan Washington, D.C., area, including Congressional Plaza (shown here, both then and now). Today, Federal Realty’s portfolio comprises about 19.3 million sq. ft. primarily in its core base of the northeastern and Mid-Atlantic U.S., as well as in California.

  • Dick’s Sporting Goods to open 487th store

    Pittsburgh -- Dick's Sporting Goods will open a store in Union, N.J., on May 2.

    The Union location will be the retailer's 16th store in the state of New Jersey and its 487th nationwide.
     

  • Weiss Markets ups capital expenditures

    Sunbury, Pa. -- Weis Markets said it will invest $125 million in its 2012 growth program, a 25% increase compared with 2011.

    “Our budget includes two new stores and 18 major remodels,” Weis Markets vice chairman Jonathan Weis said. “In addition, we expect to soon complete the purchase of three Genuardi's units near Philadelphia which we hope to reopen later this summer.”

  • Walmart expands conservation program

    Bentonville, Ark. -- Walmart announced that its Acres for America program is conserving an additional 300 acres of land to protect and restore wildlife habitats in the heart of U.S. cities, including Bridgeport, Chicago, Portland, San Diego, and Washington, D.C.

  • Double-digit comps boost Tractor Supply in Q1

    The Brentwood, Tenn.-based farm and ranch retailer saw same-store sales increase 11.5% in the first quarter ended March 31. Net sales increased 22% to $1.02 billion.

    Net income for the quarter was $40.3 million, compared to net income of $18.3 million in the same quarter last year.

  • JCP makes more key appointments

    PLANO, Texas — JCPenney has made a number of key appointments in the areas of real estate, supply chain, communications, marketing and philanthropy.

  • J.C. Penney adds another Apple exec to its team

    Plano, Texas -- On Thursday, J.C. Penney and CEO Ron Johnson announced a new lineup of executive players to join the department store retailer’s team, one of them from the ranks of Apple.

    Benjamin Fay, senior director of retail real estate, design and development for Apple, has been named executive VP real estate, store design and development for J.C. Penney.

X
This ad will auto-close in 10 seconds