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Development/Redevelopment

  • 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.

     

  • Blink Fitness to open in new Chelsea Development

    New York -- Winick Realty Group said that Blink Fitness will open a 15,500-sq.-ft. facility at the base of Chelsea Park, a new residential building located at 260 West 26th St. in New York City.

    Blink will have a ground-floor entrance at 308 Eighth Avenue, which will lead down to an expansive lower-level gym. The 12-story building is currently home to 204 luxury rental apartments ranging from studios to two-bedroom units.  

     

  • Midtown Shopping Center acquires 14.5 acres in Mid-City Los Angeles

    Los Angeles -- Midtown Shopping Center Associates said it has acquired the land under Midtown Shopping Center plus two adjacent properties totaling 14.56 acres for $42.5 million from Catellus Development Corp., based in Denver.  

  • Uniqlo, Westchester’s Ridge Hill, Yonkers, N.Y.

    Uniqlo has opened its seventh U.S. location to date, in Westchester's Ridge Hill center, in Yonkers, N.Y. The two-level, 24,000-sq.-ft. store is also the retailer's first outdoor lifestyle center location.

    For more on Uniqlo, click here. And to see a video Uniqlo did for the opening, click here.

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