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Real Estate

  • Whole Foods eyes growth in U.S. and abroad on heels of Q3

    AUSTIN, Texas — Whole Foods Market sees demand for 1,000 new stores in the U.S. and thinks Canada and the U.K. hold great promise as well, based on its sales increase of 12% to $3.1 billion for the third quarter ended July 7, from $2.7 billion for the same year-ago period.

  • Two new Natural Grocers in Oregon

    Denver — Natural Grocers by Vitamin Cottage plans to open freestanding locations in Beaverton and Bend, Oregon in August.

     

  • Kicks USA signs into Somerdale, N.J., center

    Purchase, N.Y. — Kicks USA has leased a 4,600-sq.-ft. store at CooperTowne Center in Somerdale, N.J., said National Realty & Development Corp.

    The urban, family apparel and athletic footwear retailer will Join anchors Wal-Mart Supercenter, Cinemark Theatres and LA Fitness.

     

  • Sleepy’s to open in two Chicagoland centers

    Chicago — Sleepy’s has signed into two Chicagoland shopping centers as part of the mattress chain’s expansion in the mid-west.

    According to Mid-America Asset Management Inc. www.midamericagrp.com, which handles leasing for both centers, Sleepy’s has taken 6,075 sq. ft. at Cicero Annex in Chicago and 6,507 sq. ft. at Willow Creek Center in Glenview. The Chicago location plans to open this summer; the Glenview store opened recently.

     

  • Core Mind and Body to Rangeline Crossing

    New YorkKite Realty Group has leased a 4,053-sq.-ft. space to Core Mind and Body at Rangeline Crossing in Carmel, Ind.

    Kite represented the landlord KRG Centre, and the tenant represented itself.

     

  • Burger 21 opens Georgia and N.C. restaurants

    New York -- Fast casual Burger 21 has opened franchised stores in the Atlanta suburb of Buford, Ga., and Charlotte, N.C.

    The company plans to open 15 to 20 more franchised units in Atlanta plus another 10 franchised restaurants in Charlotte over the next few years.

  • Bar Louis hangs at Streets of St. Charles

    Peoria, Ill. — Bar Louie Restaurant & Bar has signed for 6,500 sq. ft. at Streets of St. Charles in St. Charles, Mo., according to developer, manager and owner Cullinan Properties. Bar Louie will move into its first floor Phase II space next spring.

    Construction of the development’s 400,000-sq.-ft. Phase II will finish up this fall. Phase II will house the retail and entertainment portions of the project as well as additional residential space to complement Phase I.

  • Nordstrom Rack to open in landmark Brooklyn site

    Seattle -- Nordstrom said it plans to open a Nordstrom Rack at 505 Fulton Street in Brooklyn, N.Y. The approximately 41,000-sq.-ft. store is scheduled to open in spring 2014.  The developer for the project is United American Land LLC.

    The store will feature a unique design that will blend the architecture of the site — the landmark Offerman building — with the contemporary style of an adjacent, newly built structure. The single-level store will occupy the second floor retail space.

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