Skip to main content

Real Estate

  • Target reveals initial locations in Canada

    Minneapolis  — Target Corp. on Thursday unveiled the first wave of the Zellers sites it will be taking over in Canada, representing 105 locations in all 10 Canadian provinces.  The vast majority of the sites will become Target stores after securing the necessary construction approval for extensive renovation. The stores will open beginning in 2013.

  • Report: Luxury retailers and discounters most likely to expand

    New York — Backed by an improving economy, a recent surge in jobs and ten consecutive months of rising retail sales, a broad range of retailers are poised to fill up empty retail spaces over the next 12 to 18 months, according to Colliers International,  the third-largest commercial real estate services company in the world.

  • A&P sells 12 Superfresh stores, to close 13 others

    New York —The Great Atlantic & Pacific Tea Company (A&P), which is working its way through Chapter 11, will close 13 Suprefresh stores in the Baltimore area in  July because it can't find anyone to buy the properties, The Baltimore Sun reported.

  • Nordstrom to close downtown Indianapolis store

    Seattle — Nordstrom announced plans to close its Circle Centre store in downtown Indianapolis, Ind.   Opened September 8, 1995, the 216,000-sq.-ft.  location will close to the public at the end of business on July 31, 2011. 

    The retailer will continue to operate a nearby location at The Fashion Mall at Keystone, Ind..  It will open  a Nordstrom Rack store at the Shops at Rivers Edge in September.

  • The Marketplace at Centerra announces new restaurant leases

    Loveland, Colo. — McWhinney Enterprises announced that its Marketplace at Centerra power center in Loveland, Colo., will see the addition of Menchie’s and Buffalo Wild Wings this year.

    Menchie’s is slated to open a new frozen yogurt shop at the end of May, and Buffalo Wild Wings has begun remodeling a former Black Eye Pea restaurant space with an anticipated opening date of August. 

  • PREIT names retail leasing directors

    Philadelphia — Philadelphia-based Pennsylvania Real Estate Investment Trust (PREIT) announced that it has hired two new directors of retail leasing— Peter Elliott and Amy MacLaren.

    Both will be responsible for the leasing of regional malls and retail relationships with key national tenants. 

  • Cinema de Lux opens at Ridge Hill

    Yonkers, N.Y.  — Forest City Enterprises announced that National Amusements’ Cinema de Lux has opened at its Westchester’s Ridge Hill mixed-use development in Yonkers, N.Y.

    With 12 state-of-the-art auditoriums and wall-to-wall screens, Cinema de Lux also features the area’s first full-service restaurant, Studio 3. The opening comes just a few months before the first buyers prepare to move into their new homes at Monarch at Ridge Hill, the luxury condominium on Ridge Hill Boulevard. 

  • Westfield Old Orchard announces new tenants

    Chicago — Los Angeles-based Westfield announced that its Westfield Old Orchard shopping destination in Skokie, Ill., has added more new tenants to its offerings.

  • WINK will open in SoHo

    New York City — Robert K. Futterman & Associates said it has secured a 1,500-sq.-ft. retail space for women’s apparel brand WINK at 129 Prince St., located between Wooster and Prince Streets in SoHo.  

    WINK, which currently has a store at 155 Spring St., is scheduled to open its new Manhattan location this summer.  

     The new store will join co-tenants Apple, Lucky Brand, Cole Haan, Michael Kors and Ralph Lauren.

  • Mill Valley Kitchen opening June 7

    Minneapolis — Mill Valley Kitchen, a new restaurant concept from former Excel Bank CEO, Craig Bentdahl, is opening on Tuesday, June 7, in the Ellipse on Excelsior development in St. Louis Park, Minneapolis. 

    The design of the 5,000-sq.-ft., farm-to-table restaurant was handled by Minneapolis based design firm, Shea Inc. 

X
This ad will auto-close in 10 seconds