Real Estate

Report: HEB mulls acquisition of Brookshire grocery chain
HEB is considering an acquisition of regional grocer Brookshire Grocery, which would expand HEB beyond Texas for the first time, according to a new report.

If this deal comes to pass it would put HEB in markets beyond Texas, as Brookshire has stores in Southwestern Arkansas and western Louisiana, reports MyEastTex.com. The company’s website store locator lists 117 stores — 80 in Texas, 26 in La. and 11 in Arkansas.
Report: Step inside American Eagle Outfitters cool headquarters
American Eagle Outfitters’ new home office, in the South-Side neighborhood of Pittsburgh, boasts a riverfront location, city views and a walking trail along the Monongahela River, reports the Pittsburgh Business Times.

RCP Companies unveils $100 million mixed-use development project

Huntsville, Ala. -- RCP Companies reveals plans for its newest development in Huntsville, Alabama, within the Central Business District. CityCentre at Big Spring is a $100 million mixed-use development project integrated within Big Spring on nine acres downtown and between Von Braun Center and Twickenham Square.

Site demolition has been completed with construction expected to commence by year-end and phase one opening in 2016.
Online athleisure wear brand raises $7 million; plans to expand, open pop-up

As consumers continue to embrace athleisure wear, retail startups are clamoring to bust into the multi-billion dollar industry. Outdoor Voices – a chic athleisure wear brand for men and women, founded by 27-year-old designer and CEO Tyler Haney in 2012 – is doing a fine job of getting its foot in the door.
Rooms to Go to open massive furniture complex in North Carolina

Rooms to Go is cutting the ribbon this weekend on the largest retail furniture store in the Southeastern United States.

The Florida-based retailer will open a Rooms to Go Super Center and Distribution Center on Oct. 17 in Dunn, North Carolina. The newly built facility comprises approximately 1,450,000 sq. ft. on 120 acres and houses a state of the art Rooms to Go showroom, a Rooms to Go Kids/Teens showroom, a Rooms to Go Outlet Center and a huge distribution center housing tens of thousands of pieces of furniture.
Rooms to Go to open massive furniture complex in N.C.

Rooms to Go is cutting the ribbon this weekend on the largest retail furniture store in the Southeastern United States.

The Florida-based retailer will open a Rooms to Go Super Center and Distribution Center on Oct. 17 in Dunn, N.C. The newly built facility comprises approximately 1,450,000 square feet on 120 acres and houses a state of the art Rooms to Go showroom, a Rooms to Go Kids/Teens showroom, a Rooms to Go Outlet Center and a huge distribution center housing tens of thousands of pieces of furniture.
DlC Management Corp. announces September leasing deals

Tarrytown, N.Y. -- DLC Management Corporation announced the company signed 27,684 sq. ft. of new leases in September across five states: Georgia, Illinois, Kentucky, Ohio and Pennsylvania.

The leases include tenants Carter’s, Creations Barber Shop, Five Below, Great Clips, Jude’s Carryout, Lucky Duck, Nail Bless, New Dragon Restaurant, Quick-N-Clean Cleaners and The Village Bar & Restaurant, ranging from 972 sq. ft. to 8,000 sq. ft.
Things are looking up for Downtown Los Angeles

Downtown Los Angeles is in the middle of a profound revitalization, one that is bringing new energy to a sprawling area that had long been written off as a cultural wasteland — and ghost town after 5 p.m. New residential construction has brought an influx of new residents into the area, with retailers and restaurants rushing in to meet the new demands.
Shipping in the Holiday Cheer

It’s officially fall and, for retailers, this means holiday shopping season is right around the corner. For most, the season is marked by increased sales, both on and offline, and an opportunity to tap the highly profitable demographic of holiday shoppers. Likewise, it’s a chance for merchants to explore new markets and test new locations for possible retail site development.
Ikea seeks building permit

Ikea wants to open a second store in the Dallas-Fort Worth area.

The company is submitting plans to the City of Grand Prairie, Texas, for a 293,000-sq.-ft. store. It would be the Swedish company’s fourth location In Texas.

Pending approvals, construction of Ikea Grand Prairie could begin summer 2016, with an opening in fall 2017.
Creative anchor joins Union Market District

Washington, D.C. -- EDENS announced Huge, a full-service digital and design firm headquartered in Brooklyn, New York, with offices worldwide, will open a new office at Union Market in Washington, D.C. Union Market is a 45-acre district that is planned for over 7 million sq. ft. of space.
Great Gatherings expands presence in the D.C. Metro area

Detroit -- X Team International, an international alliance of retail real estate advisors, announced that partner, Stokas Bieri Real Estate has negotiated two 10-year leases for Great Gatherings in Virginia and Maryland.