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Real Estate

  • Steadfast Capital names chief marketing officer

    Irvine, Calif. -- Steadfast Cos. said that Richard Gann has been hired as chief marketing officer for Steadfast Capital Markets Group, the company’s securities and financial services division.

    In the newly created role, Gann will oversee strategic marketing functions to assist in the overall positioning and growth of the Steadfast Income REIT, the company’s $1.65 billion public, non-traded real estate investment trust, as well as future alternative investment programs.
     

  • Douglas Development names leasing director

    Washington, D.C. -- Douglas Development Corp. announced that Joe Ruzecki has joined the real estate company as the new director of leasing.

    Most recently, Ruzecki served as senior VP with CB Richard Ellis in Baltimore.
     

  • Sabre Real Estate names VP

    Garden City, N.J. -- Sabre Real Estate Group said that Anthony Russo has joined the New York metropolitan area’s newest retail real estate brokerage, Sabre Realty Group LLC, as VP.

    Russo began his career with Bagnato Realty Services, now called NAI Long Island.
     

  • Indian grocer to open at Loehmann’s Plaza

    Sunnyvale, Calif. -- Jacksonville, Fla.-based Regency Centers said that Indian Bazaar has leased 4,480 sq. ft. at Loehmann’s Plaza in Sunnyvale, Calif.

    The new grocery store is slated to open in May 2012.

    The 113,309-sq.-ft. shopping center is anchored by CVS/pharmacy alongside national retailers including Safeway, Nail Time and Starbucks.

     

  • Giant Eagle installs electric vehicle chargers at Pittsburgh-area stores

    PITTSBURGH — Electric vehicle charging stations recently opened at three Pittsburgh-area Giant Eagle stores, the retailer said.

    The EV charging stations, made possible by a collaborative effort through a Pennsylvania Department of Energy grant, now are in operation at the chain's Robinson Township, Township of Pine and Monroeville supermarkets.

  • Dick's Sporting Goods Westward bound

    PITTSBURGH — Dick's Sporting Goods took another step in expanding out West with the announcement that it will build a distribution center in Goodyear, Ariz., that is expected to bring approximately 120 jobs to the area when business opens in early 2013.

    The distribution center will be designed to ultimately support approximately 160 stores as Dick's Sporting Goods grows its store base in the Western United States over the next 5-10 years and is eventually expected to employ up to 300 associates, the company reported.

  • Dick's to build new Arizona DC to support Western growth

    Pittsburgh -- Dick's Sporting Goods said Tuesday that it will build a new distribution center in Goodyear, Ariz., that will service the western United States. The new DC, which is expected to bring approximately 120 jobs to the area, is slated to open in early 2013.

    The distribution center will be designed to ultimately support approximately 160 stores as Dick's Sporting Goods grows its store base in the western United States over the next five to 10 years and is eventually expected to employ up to 300 associates.

  • Save-A-Lot opens DC in North Carolina

    St. Louis -- Grocer Save-A-Lot, a subsidiary of SuperValu, said Tuesday it will open a 330,000-sq.-ft. distribution center in Lexington, N.C., on Nov. 30.

    The $24 million project is designed to support Save-A-Lot’s growth in region.

    The new DC will employ 35 employees initially and is a collaboration with the state of North Carolina and its One North Carolina Fund, the North Carolina Department of Commerce, Davidson County and the City of Lexington.

  • Dunkin' Brands to open 27 new locations in Louisiana

    Canton, Mass. -- Dunkin' Brands Group said Tuesday it has signed agreements to develop 25 new Dunkin' Donuts and two Baskin-Robbins in Louisiana over the next several years.

    Cities targeted for development include Baton Rouge, Shreveport and New Orleans.

    "The state of Louisiana has been a priority growth market for Dunkin' Brands in 2011 and we're excited to expand our footprint in Baton Rouge, Shreveport and New Orleans," said Grant Benson, VP franchising and market planning, Dunkin' Brands.

  • CiCi's Pizza selects strategy partner to add 500 restaurants over 8-10 years

    Coppell, Texas -- CiCi's Pizza said Tuesday it has partnered with strategic site modeling company Birchwood Resultants to add another 500 restaurants in the next eight to 10 years.

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