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Real Estate

  • Nordstrom Rack to make Maine debut

    Seattle -- Nordstrom announced plans to open a Nordstrom Rack in South Portland, Maine.

    The approximately 30,000-sq.-ft. store is scheduled to open this spring at Maine Crossing Shopping Center and will be the retailer's first location in the state. It will occupy the former Old Navy space. 

  • Dollar Tree to expand distribution center

    CHESAPEAKE, Va. -- Dollar Tree has announced that it intends to expand its distribution center in Marietta, Oak., by an additional 400,000 sq. ft. More than 100 full time positions will be created as a result of the expansion.

    The facility in Marietta opened in 2003 and is currently 603,000 sq. ft. This facility supplies products to stores across eleven states, including all of Oklahoma, Kansas, Colorado, New Mexico and Texas, and portions of Louisiana, Arkansas, Missouri, Nebraska, South Dakota, Wyoming and Montana.

  • Dollar Tree to expand Oklahoma DC

    CHESAPEAKE, Va. — Dollar Tree intends to expand its 603,000-sq.-ft. distribution center in Marietta, Oklahoma by an additional 400,000 sq. ft.

    The leading operator of discount variety stores in North America which sells everything for no more than $1 will create more than 100 new full-time positions as a result of the expansion.

  • Report: Starbucks among the bidders for Tully’s Coffee

    New York -- Starbucks Coffee Co. is one of seven bidders for Tully's Coffee, according to The Seattle Times. The bids were filed on Thursday as part of an auction process for Tully's, which filed for bankruptcy protection in October.

    The report said that Starbucks’ offer is for about half of the Tully’s stores. Tully's currently has 47 company-operated stores.
     

  • Nordstrom Rack reaches Maine

    SEATTLE — Nordstrom plans to open another new Rack store this spring in Maine as the number of off price locations now exceeds the company’s full price stores.

    The approximately 30,000-sq.-ft. store at Maine Crossing Shopping Center will be its first location in the state, and is scheduled to open this spring.

  • Outlet Shoppes at Atlanta will open earlier than expected

    Atlanta -- CBL & Associates Properties and Horizon Group Properties announced that their jointly owned Outlet Shoppes at Atlanta will open one month earlier than previously announced – or on July 18, 2013.

    Located in the North Atlanta suburb of Woodstock, Ga., the 370,000-sq.-ft. initial phase of the center will feature such designer outlet names as Nike, Saks Fifth Avenue OFF 5TH, Bose, Brooks Brothers, Columbia Sportswear, Cole Haan, White House|Black Market, Guess, Fossil, Michael Kors, Under Armour, and Talbots.  

  • Ollie’s Bargain Outlet

    At the back of the new Ollie’s Bargain Outlet in Reading, Pa., is a self-serve café setup with a sign that proclaims: “The Pot’s Always On. Have a free cup of coffee on us, and if you like, use two sugars … it’s been a pretty good year!”

    From the sounds of things, there hasn’t been a bad year since the first Ollie’s opened in Mechanicsburg, Pa., in 1982.

  • Murphy Oil announces deal with Wal-Mart for 200 fuel stations

    El Dorado, Ark. -- Murphy Oil USA announced Wednesday it has entered into an agreement with Wal-Mart Stores Inc. for 200 new fuel stations in the midwestern and southeastern U.S.

    According to the agreement, Murphy Oil will build more than 200 new fuel stations at existing Wal-Mart Super Centers over the next three years.

    Steven Cosse, president and CEO, Murphy Oil Corp., said the agreement with Wal-Mart is a significant step forward for the pair’s long-term relationship.

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