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Real Estate

  • Meijer opens first supercenter in Detroit

    Grand Rapids, Mich.Meijer has opened a 190,000-sq.-ft. supercenter at the Gateway Marketplace shopping center located in the Michigan State Fairgrounds.

    The new supercenter includes a grocery and full-service pharmacy with a drive-through.

     

  • Argo Tea opens new Chicago café

    Chicago — Argo Tea has opened a greenhouse-inspired café in Chicago’s newly restored Connors Park. Argo and the city worked together on the park restoration, which includes chamomile and hibiscus tea bushes and native drought-tolerant plant varieties.

    Argo Tea opened its first café in Chicago in 2003 and now operates 27. Plans call for 15 new locations over the next 12 months.

     

  • Meijer offers bright spot in bankrupt city

    GRAND RAPIDS, Mich. — As lawyers face off in the first battle over Detroit’s bankruptcy bid, Meijer is preparing to open its first store in the economically depressed city at the Gateway Marketplace shopping center.

  • Sports Authority renews at Miami’s Kendallgate

    New York -- Berkowitz Development Group has inked a lease renewal with Sports Authority for 43,000-sq. ft. at Kendallgate Shopping Center in Miami.

    As part of a nationwide effort, the retailer will redesign the store’s interior and incorporate updated exterior signage.

     

  • Sprout’s sprouts up in new El Paso location

    Indianapolis — Kite Realty Group has leased a 31,541-sq.-ft. location in El Paso’s Sunland Towne Center.

    Kite Realty and RJL Realty Advisors represented the landlord, KRG Sunland. Venture Commercial represented Sprout’s.

     

  • Meijer opens Detroit supercenter

    Grand Rapids, Mich. -- Meijer will open its first supercenter in the city of Detroit, at the Gateway Marketplace shopping center, on July 25. The 190,000-sq.-ft. store will include fresh produce and a full-service, drive-thru pharmacy walk-in health screenings, immunizations and specially trained diabetes-care pharmacists.

  • GNC plans 26-store rollout in China

    Pittsburgh — GNC Holdings has announced that it is expanding its retail presence in China with the opening of its first stand-alone store in Shanghai. GNC plans to open an additional 25 locations in China over the next 12 months.

    The company currently operates more than 60 store-within-a-store locations in eight grocery, convenience and health and wellness chains in China.

     

  • Cypress Equities acquires Glendale, Calif., center

    DallasCypress Equities has acquired the Glendale Marketplace in Glendale, Calif. The 154,420-sq.-ft. open-air retail and entertainment center is adjacent to the Americana at Brand.

    National retail brands represented in the center include HomeGoods, Old Navy, Starbucks, GNC and Outback Steakhouse.

    SRS Real Estate Partners will represent Cypress in lease negotiations.

     

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