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Real Estate

  • Dunkin’ Donuts in deal for 11 stores in Denver, eight in El Paso

    Canton, Mass. -- Dunkin' Donuts announced the signing of a multi-unit store development agreement with a newly formed subsidiary of Sizzling Platter, LLC (Sizzling Donuts, LLC) for 11 new restaurants in Denver, and eight in El Paso, Texas.

    The company also acquired two additional existing restaurants in El Paso.
     

  • McCormick and Co. to open its first-ever retail store

    Sparks, Md. -- Spice and flavoring company McCormick and Co. will open its first-ever retail location, McCormick World of Flavors, at Harborplace in Baltimore.

    The 3,800-plus-sq.-ft. store will display McCormick’s full line-up of products along with interactive and educational displays. Visitors will be invited to chart their personal flavor profile and explore the origins of spices, among other activities. The space will also include a demonstration area where McCormick's own chefs and celebrity chefs will cook using McCormick flavors.

  • City Creek Center to open in March

    Salt Lake City -- Bloomfield Hills, Mich.-based Taubman Co. said Tuesday that City Creek Center, a major shopping and dining destination, will open March 22 in Salt Lake City.

    The 700,000-sq.-ft. regional attraction will feature Nordstrom, Macy’s and up to 80 stores and restaurants — one third that are new to the market. The center features a fully retractable skylight roof, a skybridge over Main Street and a host of water features.

  • 7-Eleven completes purchase of 55 Sam's Mart stores

    Dallas -- 7-Eleven said Tuesday it has completed its acquisition of 55 Sam’s Mart stores in the greater Charlotte, N.C., area, part of the c-store operator’s plan to accelerate its growth in the region.

    Terms of the deal have not been disclosed.

  • Wal-Mart to spend $753 million to expand Canada presence

    Mississauga, Ontario -- Wal-Mart Stores isn’t about to let the grass grow under its feet in Canada. The discounter plans to spend about $753 million this fiscal year to expand its store presence in Canada, before rival Target Corp. begins its push in the country.

  • Container Store to open six stores in 2012

    Dallas  -- The Container Store announced it will open six locations in 2012, making this the largest real estate growth year in the company's history and bringing the company's store count to 59 by year's end. 

    The new stores will be located in Arlington, Texas;  Las Vegas; El Segundo, Calif., Peabody, Mass., and Westbury, N.Y., with a sixth location still being finalized.

  • H-E-B details growth and remodeling plans for Austin market

    New York -- H. E. Butt Grocery Co. plans to spend about $100 million to expand, remodel and relocate several of its stores in Austin, Texas, during 2012, the  Austin American-Statesman reported. The move is part of a larger, statewide expansion and price-cutting campaign. 

  • DDR Launches FranchiseConnect

    Beachwood, Ohio -- Shopping center owner and manager DDR Corp. announced Monday the launch of FranchiseConnect, a new online platform connecting shopping centers, franchise opportunities and entrepreneurs.

    FranchiseConnect is DDR's latest program designed to provide business opportunities to aspirational entrepreneurs. DDR recently launched Set Up Shop, a program offering flexible terms at specific locations for entrepreneurs and expanding small businesses.

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