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Real Estate

  • Hudson Group to open 19 stores at new LAX terminal

    East Rutherford, N.J. -- The Hudson Group is opening 19 new stores at the soon-to-open Tom Bradley International Terminal at Los Angeles International Airport (LAX). The stores include Bulgari, Emporio Armani, Michael Kors, Coach, Hugo Boss, Bliss, Victoria’s Secret, Tumi, Fred Segak, Kitson, Travel & Leisure, See’s Candies, Virgin/Boost, Pinkberry, Entertainment Weekly News, CNN Newsstand Los Angeles, Angeleno, and Hudson.

  • Kroger creates two new divisions; makes exec appointments

    CINCINNATI -- The Kroger Co. announced the establishment of two new supermarket divisions, a Nashville division and a Louisville division.

    "Opportunities for growth in Tennessee, northern Alabama, Kentucky, and Southern Illinois and Indiana inspired us to take this path," said Rodney McMullen, Kroger's president and chief operating officer. "We believe this move will enable our associates to do what they do best – meet the needs of our local customers and neighbors, our communities, and each other."
       

  • La Hacienda #10 to open in Placita de Oro

    Oro Valley, Ariz. -- La Hacienda #10 Mexican Restaurant has inked a lease for 3,619 sq. ft. in the Placita de Oro shopping center in Oro Valley, Ariz. Commercial Retail Advisors represented CTW-FVP, the landlord.

    Fred Wang, an independent real estate broker represented the restaurant.
     

  • Homeowners’ summer projects bode well for home centers

    Seattle – Six-in-10 U.S. homeowners plan to make a home improvement or addition this summer, according to the Zillow Digs Summer Home Improvement Trend and Spending Survey. Zillow cites tight housing inventory and the fact that more than 25% of homeowners in the U.S. owe more on their mortgage than their property is worth as driving factors in the popularity of home-improvement projects.

  • United Supermarkets to unveil new, Texas-inspired store design

    Snyder, Texas -- United Supermarkets’ store in Snyder, Texas, is set to unveil a fresh new look along with added services resulting from a store remodeling effort now under way.  Snyder will be the first store to receive the new décor – as well as the new United logo.

    “We are excited about the new look we are introducing this year for our United brand, and we are thrilled to be rolling it out first in our Snyder store,” Monica Schierbaum, senior director of marketing for United Supermarkets.

  • Loblaw testing small-store format

    New York -- Loblaw Cos., Canada's largest grocer, is testing a small-store discount under the Box by No Frills banner. 

    The company debuted the concept in Calgary, in a 10,000-sq.-ft. store. The store everyday low price" on groceries and other merchandise, Sarah Davis, Loblaw's CFO said in a conference call Wednesday, The Canadian Press reported.
     

  • DRE signs five retailers into Hampton Roads

    Virginia Beach, Va. -- Divaris Real Estate has arranged five retail leases for space in Chesapeake, Norfolk and Virginia Beach.

    T-Mobile signed three leases for 4,225 sq. ft. The company will move into 1,600 sq. ft. in Kempsriver Crossing in Virginia Beach, 1,500 sq. ft. in Southern Shopping Center in Norfolk and 1,125 sq. ft. in Indian River Shoppes in Chesapeake.

    Original Mattress Factory is relocating to a larger space in Sam’s Circle in Chesapeake. The new space is 2,400 sq. ft.

  • PizzaRev to play role in Burbank

    Los Angeles -- PizzaRev, the fast-casual artisan pizza concept, will build a flagship location in Burbank’s shopping and entertainment district at the intersection of E. Palm Ave. & N. San Fernando Blvd.

    The company has announced plans to add two new locations in Oxnard and El Segundo, Calif. this summer and to begin franchising soon. PizzaRev currently operates three locations in Studio City, Woodland Hills and Northridge, Calif.

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