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Development/Redevelopment

  • Tuesday Morning opens at Southland Shopping Center

    Middleburg Heights, Ohio -- Brixmor Property Group announced that a 14,151-sq.-ft. Tuesday Morning recently opened at Southland Shopping Center, located in Middleburg Heights, Ohio.

    Brixmor, based in New York City, is the owner of Southland Shopping Center.

     

  • Orchard Supply loss widens in Q4

    San Jose, Calif. -- Orchard Supply Hardware Stores Corp. reported Monday a loss of $33.6 million for the quarter ended Feb. 2, widened from a loss of $7.3 million in the year-ago period.

    Sales for the quarter rose to $153 million from $141.6 million, and same-store sales edged up 1.6%.

    For the full year,  the company lost $118.4 million, compared with a loss of $14.5 million in the prior year. Sales dipped to $657.3 million, compared to $660.5 million for fiscal 2011.

  • Modell’s to open in Arlington, Va.

    New York -- Modell’s Sporting Goods will celebrate the grand opening of its store in Arlington, Va., on May 9.
       
    The store is located in Pentagon Centre. With its opening, Modell’s will have a total of 154 storefronts.
     
    “We are thrilled to have our 18th store in the Virginia-Maryland area,” said Modell’s president and CEO Mitchell Modell. “We look forward to becoming a stronghold in our new community and getting them everything they need for the summer.”
     

  • GBT Realty completes construction on Academy Sports

    Huntsville, Ala. -- Brentwood, Tenn.-based GBT Realty has completed construction on Huntsville, Ala.’s first Academy Sports + Outdoors. The 72,000-sq.-ft. store, which opened on April 26, is the third Academy Sports development for GBT. Reed Construction served as site contractor and Stewart Perry Construction as general contractor on the project.

    GBT completed construction in fall 2012 for stores in Mobile, Ala., and Smyrna, Tenn.

     

  • Rue21, Jared to open at El Paso retail centers

    El Paso, Texas -- Dallas-based Venture Commercial Real Estate said it has negotiated leases for two retailers entering or expanding in the El Paso, Texas, market.
     
    Rue21 has opened a 5,000-sq.-ft. store at El Paseo Marketplace, its fourth location in El Paso.

    Jared, The Galleria of Jewelry has signed a lease to open its first El Paso location in a 6,057-sq.-ft. store at The Fountains at Farah, a 600,000-sq.-ft. power lifestyle center currently under construction and opening fall 2013.   

     

  • Passco Cos. names new president

    Irvine, Calif. -- Passco Cos. announced that Larry Sullivan has been named president, effective May 30.

    Sullivan, who currently serves as CFO and CFO of Passco, succeeds William Winn, who recently resigned.

    William Passo, founder, will remain in his current position as CEO.
     

     

  • Target opens 24 stores in Western Canada in May

    Mississauga, Ontario -- Target announced the soft opening dates for 24 locations in Western Canada, with 22 stores opening on May 7 and two  opening on May 14.

    The openings, which include stores in British Columbia, Alberta and Manitoba, follow the opening of 24 stores across Ontario. As previously announced, Target plans to open 124 stores across Canada throughout 2013.

  • Marcus & Millichap names regional manager

    Ontario, Calif. -- Marcus & Millichap Real Estate Investment Services announced it has named Kevin Boeve as regional manager of its Ontario office, Calif., office.

    Boeve joined Marcus & Millichap in June 1999 and most recently served as VP investments.

     

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