Skip to main content

Real Estate

  • Three new tenants to open at Bowie Plaza

    Bowie, Md. -- Jacksonville, Fla.-based Regency Centers said it has leased retail space to three new tenants at Bowie Plaza, located in Bowie, Md.

    Opening its fifth gym in the Washington, D.C./Baltimore market, Fitness 4 Less is relocating to 21,750 sq. ft. in Bowie Plaza. Peeper’s Family Eye Care leased 2,400 sq. ft. of retail space, and Dunkin’ Donuts, offering a drive-thru option, leased 1,600 sq. ft. of space.

    All three businesses are slated to open in spring 2012.

  • Starbucks to enter India

    Seattle -- Starbucks Coffee Corp. has entered into a joint venture with Tata Global Beverages Limited that will result in the opening of the first-ever Starbucks locations in India. The 50/50 joint venture, called TATA Starbucks Limited, will own and operate Starbucks cafés, which will be branded as Starbucks Coffee “A Tata Alliance.” (Tata Global Beverages is the world’s second largest tea company and Asia’s largest coffee plantation company.)

  • Corner Bakery Cafe to open at Festival at Woodholme

    Baltimore -- Jacksonville, Fla.-based Regency Centers said that it has leased space at Festival at Woodholme, located in Baltimore, to Corner Bakery Cafe. 

    The fast-casual restaurant leased 3,513 sq. ft. of space and is slated to open in summer 2012. The cafe is the newest addition to an array of new retailers, including Ann Taylor Loft, Francesca’s Collection, Wine Loft and Couture Moda, that recently joined Festival at Woodholme.

  • Ann Taylor to open, Williams-Sonoma to expand at Garden City Center

    Cranston, R.I. -- The Wilder Cos. announced that Garden City Center has detailed a multi-phased strategy to expand, reconfigure and redevelop the historic shopping center.

    Construction of a new 20,000-sq.-ft. building will begin an extension that will eventually turn former large-format retail space into a mix of mid-size and smaller specialty stores. Later phases include construction of several new restaurant spaces and improved traffic and pedestrian links to the Whole Foods Market section of the center.

  • Target to use pharmacy franchise model for its stores in Canada

    Minneapolis -- Target on Monday announced it will seek independent pharmacists to own and operate the pharmacies in its stores in Canada. The chain said it will utilize a pharmacy franchise model for its stores north of the border, the first of which will open in March/April 2013. The strategy is different than in the United States, where Target operates its own in-store pharmacies.

  • Anytime Fitness opens at New Britain Village Square

    Chalfont, Pa. -- Brixmor Property Group announced a 3,200-sq.-ft. Anytime Fitness recently opened at New Britain Village Square, located in Chalfont, Pa. 

    Brixmor, based in New York City, is the owner of New Britain Village Square.

  • Landmark Retail Group names project manager

    Woodland Hills, Calif. -- Landmark Retail Group, a subsidiary of NewMark Merrill Cos., announced that Clay Toombs has joined the company as senior project manager, responsible for overseeing development projects from design through entitlement approvals, permitting and construction.

    Toombs previously worked for Evergreen Devco Inc. as senior project manager.
     

  • Report: Talbots in talks with Sycamore

    New York City -- The Talbots is in buyout talks with the private-equity firm Sycamore Partners, according to the Boston Herald. The retailer signed a confidentiality agreement on Friday with the New York-based Sycamore, its second largest shareholder with 10% of the company, according to documents filed with the U.S. Securities and Exchange Commission, the report said.

X
This ad will auto-close in 10 seconds