Real Estate

New York -- In a partnership with the U.K.-based retailer PC World, Google has opened its first-ever physical retail space, a pop-up shop in London.  It will be open for three months. 

The small,  285-sq.-ft. shop, called Chrome Zone, is devoted to Samsung’s ultra-portable Chrome OS-powered Chromebook computer and related accessories.  The space  has a high-tech look and is decked out in Google’s signature colors. 

Toano, Va. -- Flooring retailer Lumber Liquidators said Friday it will acquire certain assets of Sequoia Floorings in order to strengthen its mill-direct relationships and shore up its long-term sourcing strategies.

Sequoia, a trading company, had provided product quality and development services on approximately 40% of Lumber Liquidators’ 2010 merchandise purchases, primarily those in Asia.

New York City -- Commercial and high-rise residential buildings, along with federal buildings, must now meet requirements in the ASHRAE/IES 2007 energy standard after rulings issued by the Department of Energy.

Prior to the new rules, federal and commercial buildings had to meet requirements in the 2004 standard.

Quincy. Mass. -- Stop & Shop Supermarket Co. on Saturday will open its third location in Cranston, R.I. The new store will pursue LEED (Leadership in Energy and Environmental Design) certification in the coming months.

The new Stop & Shop was built with a range of energy-efficient features, including a fabric duct ventilation system (from DuctSox). The application, designed to provide more uniform airflow is first of its kind use for Stop & Shop.

Other energy-saving features include:

Westborough, N.H. -- Private equity firms Leonard Green & Partners and CVC Capital Partners on Friday completed their $2.8 billion acquisition of BJ's Wholesale Club. The move, which takes the chain private, sets the stage for a stock delisting, effective Monday before the markets open.

The deal was announced in late June after months of speculation. BJ’s shareholders approved the buyout on Sept. 9. The chain currently operates 190 warehouse clubs in 15 states.
 

T-Mobile is rolling out a new design to nearly 400 stores across the country. The new format, which the company adopted from parent company Deutsche Telekom AG, has a streamlined, ultra-modern look, and includes a variety of service options, from standing counters on the sales floor for quick transactions to more private individual service desks where customers can meet with sales associates.

Seattle -- Nordstrom announced plans to open a new Nordstrom Rack in Temecula, Calif.

The 35,700-sq-ft, store is scheduled to open during spring 2012 at Commons at Temecula, a regional shopping center. It will occupy the former Linens 'n Things space.
 

WESTBOROUGH, Mass. — BJ's Wholesale Club officially is owned by Leonard Green & Partners and CVC Capital Partners, just a few weeks after the retailer's stockholders approved the agreement.

BJ's was required in an all-cash transaction valued at $51.25 per share, or $2.8 billion.

BJ’s common stock will be delisted from the New York Stock Exchange prior to the opening of business on Monday, Oct. 3, the companies said.

The deal was announced in late June after months of speculation. BJ’s board of directors unanimously approved the agreement.