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  • Foot Locker, Manhattan

  • Office Depot in deal for its European business

    Office Depot Inc. has agreed to sell its European business to an investment group.   The office-supplies retailer is selling its European operation to German investment firm Aurelius Group.   Office Depot Europe operates more than 100 stores in Europe, under such banners as Viking.  

  • And the retailers adding the most new store space are…

    Dollar stores and off-price chains account for half of the spots on a list of 10 retailers adding the most new store square footage, according to commercial real estate and analytics firm CoStar.       Walmart tops the list, followed by Dollar General and Forever 21, according to a report by the Chicago Tribune.     Click here to read more.

  • dd’s Discounts expanding into new market

    dd's Discounts, a division of Ross Stores, will open its first store in Colorado on Sept. 24.   The new 20,000 sq. ft. store is located at University Square Plaza in Greeley, Col. It is part of the company's 2016 expansion plan to add approximately 20 dd's locations nationally throughout the year.  With the opening, dd's will operate 193 locations in 15 states.  

  • Canada’s largest Saks Fifth Avenue to open in Montreal — in co-branded location

    Hudson’s Bay Company plans to open Canada’s largest Saks Fifth Avenue store, in downtown Montreal.    Scheduled to open in fall 2018, the store will be co-located in the same building as Hudson’s Bay, which will undergo a multi-million dollar renovation. The new Saks will take up approximately 200,000 sq. ft. of the existing 650,000-sq.-ft. space.   

  • Fox named VP at Divaris

    Photo: George Fox   Divaris Real Estate has named George Fox VP of sales and leasing at its Virginia Beach office. He will represent both landlords and tenants in North Carolina and Virginia, with a primary focus on the Hampton Roads market.  

  • St. Louis Center sold for $10.6 million

    Springfield, Illinois-based Jared Commercial has acquired the Chippewa Center in St. Louis from an investment partnership controlled by Pace Properties. The purchase price was $10.6 million.   The 147,920-sq.-ft. center is located in the densely populated Shrewsbury neighborhood of St. Louis. Chief tenants are Shop ‘n Save, Value City Furniture, and Dollar Tree.   The deal was brokered for Jared Commercial by Mid-America Real Estate.

  • Report: 7-Eleven plans major expansion

    The parent company of 7-Eleven wants to more than double its store portfolio in the United States.   Seven-Eleven Japan Co. is looking to open thousands of new stores in the U.S., increasing its current total of approximately 8,500 locations to 20,000, The Japan Times reported.    
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