Real Estate

Pleasanton, Calif. -- Off-price retailer Ross Stores will celebrate the opening of its 1000th Ross Dress for Less store, in North Pleasant Hill, Calif., on July 16.

The new store is Ross’ 50th location in the Bay Area. The company operates more than 1000 Ross Dress for Less and dd's Discounts locations.

Burlington, Mass. -- Columbia, S.C.-based Edens & Avant announced Wednesday details of its redevelopment of Middlesex Commons retail center in Burlington, Mass.

With a relocated and expanded Market Basket, Old Navy and a new Nordstrom Rack and DSW as key anchors, Middlesex Commons has been redesigned to better connect to the local community by offering a more dynamic retail mix and a more personalized shopping environment.

With its array of in-store services, expanded food offerings and unexpected amenities, the new Duane Reade flagship in downtown Manhattan, pushes the envelope of drugstore retailing -- and it does so with a style and ambience that sets it apart from the competition.

New York City -- Tourneau opened a new concept store in Manhattan. The 3,135-sq.-ft. space offers a dramatic departure from traditional jewelry and watch stores in that it does not have counters. Instead, it features a series of long tables in the main showroom that can be approached from all sides.

Tourneau employees, equipped with iPads in hand, unlock the cases when customers want to look at a watch.

The new store was created by San Francisco-based architecture firm Eight Inc., which has also worked on the Apple stores.
 

Jacksonville, Fla. -- Regency Centers said Tuesday it has closed on the acquisition of Calhoun Commons, a 66,150-sq.-ft. neighborhood shopping center located in Minneapolis and anchored by Whole Foods Market.

The property was purchased in an off-market transaction on July 1 for $21 million from Calhoun Commons Shopping Center Limited Partnership, a subsidiary of Doran Cos. and the original developer of the property.

In his newest column, Retail Rap with Jeff Green, Chain Store Age columnist Green examines the early uptick in medical users in retail centers and questions why the trend has apparently stalled.

Click here to read Green's column.

New York City -- Saks said Tuesday it will open a licensed Saks Fifth Avenue store in Almaty, Kazakhstan, in August 2012.

The full-line department store, which will tailor its merchandise to the region, will open in Esentai Shopping Mall, which is part of a new mixed-use development featuring residential, office and hospitality components.

The three-story, 91,000-sq.-ft. store will showcase a three-story-high, state-of-the-art digital video screen on the building’s facade. 

San Diego -- Centro Properties Group US said Tuesday that Carter’s has opened a new store in San Diego.

The 6,100-sq.-ft. store opened at Mira Mesa Mall, which is owned by New York City-based Centro Properties Group.