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Real Estate

  • EAT AND PLAY

    An influx of restaurants and entertainment concepts is changing the look of shopping centers nationwide and altering the role these centers play in their communities. It is a trend Retail Properties of America has seen play out firsthand as owner and operator of 192 retail properties encompassing nearly 30 million sq. ft.

  • This big-box retailer is still expanding

    PGA Tour Superstore is growing its retail presence even as many other big-box stores downsize.     The chain will open a 45,500-sq.ft. store at Woodlands Shopping Center, Houston, in a former Sports Authority location, this fall. It’s the first Houston location for the company, whose controlling owner is Arthur Blank, co-founder of Home Depot.  

  • Home furnishings powerhouse debuts new store design

    Pottery Barn unveiled a revamped interior at its newly designed store at The Village at Corte Madera, in Corte Madera, California.   Inspired by a modern farmhouse, the 12,288-sq.-ft. location features dramatic high ceilings with exposed wood beams, a skylight in the center of the space, and 11-foot high steel framed doors that open to an outside seating area at the front of the store.  

  • Pirch, New York City

    Upscale kitchen, bath and outdoor appliance retailer Pirch has opened its largest location to date, a three-floor, 32,000-sq.-ft. flagship in an historic, former ironworks building in Manhattan’s SoHo neighborhood.     

  • Westfield World Trade Center recruits veterans

    A job fair held in New York this week attracted veterans and their family members looking to fill retail positions at the Westfield World Trade Center mall set to open in August. Some 5,000 attended to apply for some 10,000 positions expected to open there and at Fulton Center in the two months.  

  • Wisconsin planning board overturns mall policy in Jo-Ann’s favor

    Racine, Wisconsin’s planning commission has overturned the local Regency Mall’s policy to suit the signage requirements of new retailers there, according to a report in The Journal Times.   When J.C. Penney closed its doors at the CBL & Associates-owned mall, the vacant space was favorably distributed among three new tenants. All three, however, had issues with the space allotment for their signs.   

  • Dick’s Sporting Goods wins bidding war

    Dick’s Sporting Goods was the victor on Thursday at the bankruptcy auction for former rival Sports Authority Holdings.    Dick’s bid $15 million for the brand name and other intellectual property, beating British-based Sports Direct International PLC’s $13 million bid, according to the Wall Street Journal.      Dick’s also had the winning bid at the auction for 31 Sports Authority store leases, for an additional $8 million, the report said.  

  • Stiles completes Coral Ridge Center in Fort Lauderdale

    The Enclave Shops at Coral Ridge outside of Fort Lauderdale is complete and its Fresh Market anchor has opened its doors. Its developer, Stiles, partnered with local businessman Phil Smith to build the surrounding residential community, The Enclave at Coral Ridge Country Club.   The Fresh Market has been a draw to other prospective retail tenants at the 27,300-sq.-ft. center, according to Stiles VP of realty Mike Carpenter.    
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