Real Estate

Batavia, Ill. – Aldi wants you – if you are someone looking for a store-level retail job.

The rapidly growing discount supermarket retailer will host hiring events throughout the U.S. during the month of August for more than 2,500 positions.

Denton, Texas – Sally Beauty Holdings is feeling the impact of its data breach.

Costs related to a data breach discovered in May 2015, as well as higher selling, general and administrative (SG&A) expenses, helped reduce profit at Sally Beauty during the third quarter of fiscal 2015. Net earnings fell 8% to $62.46 million, from $67.76 million the same period a year earlier.

New Rochelle, N.Y. - Welco Realty Inc., an XTeam partner, has signed an approximately a 50,000-sq.-ft. lease with supermarket chain Fairway Market at Georgetowne Shopping Center in Brooklyn. New York.

Welco represented both the landlord, Astoria Holding Corp., and tenant in this transaction.   

Cincinnati -- Phillips Edison Grocery Center REIT II, Inc. announced it has acquired Plano Market Street in Plano, Texas, and The West Acres Shopping Center in Fresno, California, for a collective $57.1 million, totaling more than 253,038 sq. ft.

Plano Market Street is a 169,624 sq. ft. grocery store-anchored shopping center in Plano, Texas, just outside Dallas. The center is 94.2% leased, anchored by Market Street and retailers World of Beer, Tony & Guy, and the Little Gym.

Henderson, Nev. -- Vestar recently completed a $120 million buyout from its joint venture partner, Rockwood Capital, to take full ownership and operations including property management, leasing and marketing of The District at Green Valley Ranch, a 37-acre, 384,107-sq.-ft. mixed-use center in Henderson, Nevada.  

Cleveland – Stark Enterprises announced the addition of Stark Capital Group. The new division will provide comprehensive real estate capital markets solutions with an emphasis on equity and debt placements, principal acquisitions and asset management. 

Nico Bolzan will serve as executive director of SCG. Bolzan will lead efforts to raise both equity and debt financing through a variety of private and institutional capital sources on a national level.  

New York -- The retailer whose customers often call it the “Whole Foods for pets” is expanding in the Chicago area as it looks to leverage what has become a $58 billion industry.

Kriser's Natural Pet is bringing the natural pet movement to the west suburbs of Chicago with a grand opening in Naperville on Aug. 15-16. A second grand opening will take place in Northbrook on Aug. 29-30.

New York -- The nation’s premier luxury department store company wants to return to the public arena.

Neiman Marcus Group has filed plans for an initial public offering — for the second time in two years — of $100 million (the sum is a placeholder that doesn’t necessarily reflect the final offering amount.) The company said it would trade under the ticker symbol NMG.

Neiman Marcus plans to grow sales by investing in technology, working with new designers and expanding its footprint, according to IPO paperwork the retailer filed with the SEC.

Fast-growing Kriser's Natural Pet store is expanding in the Chicago area as the retailer looks to leverage what has become a $58 billion industry.

Kriser's is bringing the natural pet movement to the west suburbs of Chicago with a grand opening in Naperville on Aug. 15-16, at 8 W. Gartner Rd., in the Naperville Plaza, across from Trader Joe's. A second grand opening will take place in Northbrook on Aug. 29-30, at the new North Shore 770 mixed-use complex, at 780 Skokie Blvd. alongside the new Mariano's.