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Real Estate

  • Regal to open 14-screen theater at West Oaks Mall

    Houston -- Square Mile Capital Management and Pacific Retail Capital Partners, owners of West Oaks Mall in Houston, announced an agreement with Regal Entertainment Group to bring its Edwards Theatres to the center with a 14-screen multiplex.

    The Edwards Theatre will be the entertainment anchor for the redevelopment of the mall.

  • BJ's Restaurants opens in Tyler, Texas

    Huntington Beach, Calif. -- BJ's Restaurants on Tuesday announced the opening of its newest restaurant in Tyler, Texas on Feb. 28.

    The new, 8,000-sq.-ft. BJ's Restaurant & Brewhouse is the newest addition to the 650,000-sq.-ft. Broadway Square Mall.

    According to Jerry Deitchle, chairman and CEO of BJ’s, the company is on track to open as many as 12 to 13 new restaurants during 2011 and currently has six new restaurants under construction for planned openings later this year.

  • Fresh & Easy enters Northern California

    San Jose, Calif. -- Fresh & Easy Neighborhood Market on Wednesday celebrated the opening of its first locations in Northern California, in San Jose, and Danville.

    The openings are the first of more than a dozen Fresh & Easy stores set to open early this year in Northern California. The chain, which opened its first stores in 2007, currently has 166 locations.
     

  • Paducah firm named to renovate Kentucky Oaks Mall

    Paducah, Ky. -- Youngstown, Ohio-based Cafaro Co. said that A&K Construction, based in Paducah, Ky., will serve as general contractor for the multi-million-dollar renovation of Kentucky Oaks Mall, also located in Paducah.

    A&K Construction will guide the work that will transform the look of the 28-year-old mall, with new entrance features, ceiling treatments, skylights, upgraded flooring, energy efficient lighting and HVAC systems, modernized public restrooms and other amenities.

  • Ross Dress for Less to open at Target Place Plaza

    Olympia, Wash. -- Youngstown, Ohio-based Cafaro Co. said Tuesday that Ross Dress for Less will open a new store at its Target Place Plaza, located in Olympia, Wash.

    The new 28,000-sq.-ft. store will open to the public on March 5.

    Target Place Plaza is a 282,183-sq.-ft. center anchored by Target, along with Ross Dress For Less, OfficeMax, Macy’s Furniture Gallery, FedEx Kinkos, Whistle Workwear, Honey Baked Ham, Jo-Ann Etc. and more.

  • BJ’s Q4 earnings fall on store closing cost

    Westborough, Mass. -- BJ's Wholesale Club's fiscal fourth-quarter net income fell 81% on a one-time $41.1 million charge related to store closings, restructuring and asset impairment. But its adjusted earnings beat expectations.

    The wholesale club operator earned $10.2 million for the quarter, compared with $54.5 million a year ago.

    Net sales for the fourth quarter ended Jan. 29, increased by 7.4% to $2.90 billion, and comparable club sales increased by 3.8%, including a contribution from sales of gasoline of 2.1%.

  • Fresh & Easy officially opened in NoCal

    SAN JOSE, Calif. -- Fresh & Easy Neighborhood Market has entered Northern California with the opening of its first store in San Jose. The grocer also opened another Bay Area store in Danville today.

  • Regency Centers to renovate Beckett Commons

    West Chester, Ohio -- Jacksonville, Fla.-based Regency Centers said it has begun construction to renovate Beckett Commons shopping center, located in West Chester, Ohio.

    The center remodel will include demising vacant space into six additional side shop spaces, new exterior façade and awnings, upgraded signage, new roof and HVAC units.

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