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Real Estate

  • Chambers Group announces new partner to lead second location

    Charlotte, N.C. -- The Chambers Group, an X Team International partner and full-service real estate brokerage firm announced that Jenn Olevitch-Roberson has joined the company as partner to lead the company’s second location in Raleigh, North Carolina. The office will open Oct. 1, and, over the course of the next 12 months, The Chambers Group will add approximately six new and seasoned brokers to their team in Raleigh.

  • Restaurants and entertainment venue to join Downtown Dallas development

    Dallas -- Trademark Property Co. announced that BuzzBrews,’ Cinépolis USA and Café Victoria will join Victory Park, a 75-acre mixed-use development in downtown Dallas. BuzzBrews’ and Café Victoria to open in early 2016 and Cinépolis USA, targeted for 2017.

  • Ross Stores continues aggressive store growth

    Ross Stores Inc. is continuing an aggressive growth strategy for both its Ross Dress for Less and DD’s Discount banners. The new store openings are part of the retailer’s 2015 expansion program, totaling approximately 90 new locations during the year.

    Ross Dress for Less will open four new stores on Oct. 10. These include two new stores in the Chicago area: a 25,000-sq.-ft. store in Palatine located in the Deer Grove Centre, and a 24,000-sq.-ft. Joliet store is located in Joliet Commons.

  • Supermarkets for sale in western U.S.

    The bankrupt Haggen supermarket chain has listed 111 locations for sale, many in California, as the company looks to refocus its operations on 37 stores in the Pacific Northwest.

  • Smart & Final to open 100-plus stores in four years

    Smart & Final celebrated the one year anniversary of its public stock offering by telling investors a growth story about differentiation and new store expansion.

    Smart & Final, a uniquely positioned operator of 266 warehouse style stores, has plans to open 100 new stores in the Western United States during the next four years. CEO Dave Hirz dropped that bombshell while he and other senior members of the company were at the New York Stock Exchange to ring the opening bell to commemorate the one year anniversary of the company’s listing.

  • More retailers named for American Dream

    American Dream has added more fire power to its retail lineup.

    The Triple Five Group of Companies, the developer of the long-delayed retail and entertainment mega-center in East Rutherford, New Jersey, on Monday announced the names of 10 new retail tenants who will be setting up shop there. These include: Aritzia, Banana Republic, Gap, Lululemon, Mac, Microsoft, Pink, Uniqlo, Victoria's Secret and Zara.

  • Johnny Rockets targets millennials with new concept

    Johnny Rockets is launching a fast-casual concept that the company hopes will appeal to time-starved millennials on the run.

    Called Johnny’s Burger Factory, the 1,000-sq.-ft. eatery is located at the Walden Galleria mall, in Buffalo, New York, and will open on Sept. 26.

  • Southeastern real estate Market on the rise

    Orlando, Fla. -- Even though tropical storm Erika threatened Orlando, Florida, in advance of the ICSC Florida Deal-Making event earlier this month, attendees’ moods weren’t in the least dampened by the occasional rain showers. Attendance was strong and interest was high, as shopping center companies showed their wares to prospective tenants.

  • Neiman Marcus Q4 loss narrows; details remodeling plans

    Neiman Marcus reported modest sales and a reduced loss for fourth quarter as it eyes an initial public stock offering and a bright omnichannel future.

    Neiman Marcus posted a net loss of $32.9 million for the fourth quarter, compared to a net loss of $42.1 million in the year ago period.

    Revenues at the company’s 43 full-line department stores and 42 Last Call off-price stores increased 4.9% to $1.17 billion. Same-store sales increased 1.9% for the fourth quarter ended Aug. 1.

  • Dyson planning to go brick-and-mortar

    The maker of bagless and cordless vacuum cleaners and high-tech fans is looking to sell its products in its own branded spaces.

    Dyson is planning to open a store on London’s Oxford Street as a prelude to opening locations around the world, The Daily Mail reported. The company has previously opened pop-ups at the Bluewater shopping center in Kent, England, and in select malls in the United States.

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