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Real Estate

  • 7-Eleven to acquire 28 Pacific Convenience locations, will remodel/rebrand all

    Dallas -- 7-Eleven is acquiring the retail interests of 28 locations owned by Pacific Convenience & Fuels LLC.

    The acquisition includes sites in California, Oregon, Washington and Colorado, and is slated to close in fourth quarter 2011. Terms of the transaction have not been disclosed.

    All of the locations will be rebranded as 7-Eleven and will retain the Conoco-Phillips/76 gasoline brands.

  • Simon Property Group recognized for climate disclosure

    Indianapolis -- Shopping center owner Simon Property Group said Tuesday that it has again been recognized by the Carbon Disclosure Project with inclusion in its Carbon Disclosure Leadership Index.

  • Report: Best Buy reviewing British operations

    New York City -- Best Buy Co. is reviewing its 11 stores in the United Kingdom, according to the Sunday Express.

    The chain operates the stores in a joint venture with Carphone Warehouse Group Plc. Best Buy is in talks with its shareholders about all possible options for its British stores, the newspaper said.
     

  • LaVida Massage opens new California center, names master franchisee

    Placentia, Calif. -- LaVida Massage, a Commerce, Mich.-based massage and wellness center, announced the opening of a new LaVida location in California, as well as the addition of a new master franchisee in southern California.

    The new 3,700-sq.-ft. center, located in Placentia, is slated to open Sept. 19.

    New master franchisee Deby Goodman will own and manage the newest store, as well as will be responsible for building new LaVida operations specific to the southern California market.
     

  • City Sports expands with new interactive store

    Boston -- City Sports will open its 19th store, in Wellesley, Mass., during the last week of September. The location features a dramatic façade, with a wraparound steel awning and tall windows that showcase the interior design and product assortment. Inside, an interactive electronics room offers shoppers the use of in-store iPads to access information about products on the company's website as well as the ability to wear-test headphones

  • Tiffany to shine in SoHo

    NEW YORK — Tiffany & Co. said Thursday it plans to open a store in New York’s SoHo neighborhood in September 2012.

    The 7,000-sq.-ft. store will occupy a space that combines two locations -- 97 Greene Street and 106 Wooster Street. 

    The 2012 opening corresponds to Tiffany’s 175th anniversary of its founding on Lower Broadway in the 1850s.

  • Barnes & Noble among bidders buying Borders’ intellectual property

    New York City -- Barnes & Noble has bought some of Borders Group’s intellectual property along with other bidders, Crain’s New York reported.

    According to Hilco Trading, the liquidation company handling the sale, multiple bidders, including Barnes & Noble, have agreed to buy $15.8 million of Borders' intellectual property, Craine’s said. The properties include a global portfolio of trademarks; Borders, Waldenbooks and Brentano's trade names; Internet domain names and the Borders.com e-commerce website.

  • Panda Express to open at Santa Paula Shopping Center

    Santa Paula, Calif. -- Centro Properties Group US announced a 2,000-sq.-ft. lease has been executed with Panda Express at Santa Paula Shopping Center, located in Santa Paula, Calif.

    Centro Properties Group, based in New York City, is the owner of Santa Paula Shopping Center.
     

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