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Real Estate

  • Macy’s adds real estate expert to its exec team

    Amid ongoing pressure from investors to maximize the value of its real estate holdings, Macy’s has appointed Douglas W. Sesler as executive VP for real estate, effective April 5.

  • Staples puts stores to work with new test

    Staples is looking to connect with a key customer segment and improve the productivity of its selling space with a new pilot program involving shared workspace provider Workbar.

  • Ulta Beauty adds new Chicago office

    Ulta Beauty plans to open an amenity-filled satellite office at desirable downtown Chicago location to complement its existing headquarters facility in a remote suburb.

  • Report: H-E-B plans two-story food shop

    H-E-B is planning to build a two-story grocery store in Bellaire, Texas, featuring the latest in food market retailing to open in the fall of 2017, Fox 7 reported Wednesday.

    "We have enjoyed our Bellaire neighbors for the past 22 years and look forward to bringing them a store tailored to their needs filled with stellar features and products that will enhance their shopping experience for years to come," Scott McClelland, H-E-B Houston president, told Fox 7.

  • Home furnishings retailer heading West

    Crate and Barrel is going to try its luck in Nevada.

    The home furnishings retailer has signed a lease to open a store at Downtown Summerlin, Summerlin, Nevada, a Howard Hughes Corp. development. The 106-acre retail and entertainment center is located in the Summerlin master planned community.

  • Phillips Edison Grocery Center REIT II strengthens portfolio with acquisition

    Phillips Edison Grocery Center REIT II announced the acquisition of the 67,280 sq. ft. Lakewood City Center in Lakewood, Ohio.

    The shopping center is anchored by a 39,400 sq. ft. Marc’s grocery store, the No. 2 grocer in the Cleveland area. Additional retail includes: Gamestop, Best Cuts, Pet Supplies Plus, the UPS Store, Boston Market, Marco’s Pizza, Ace Cash Express, T-Mobile, Palm Beach Tan, and Chipotle Mexican Grill.

  • Department store giant continues to expand outlet store formats

    Macy’s announced it will open a new Bloomingdale's Outlet store in November 2016 at The Outlets at Orange, in Orange, California.

    The 24,000-sq.-ft. store will be the 17th Bloomingdale's Outlet location and offer a range of off-price apparel and accessories for men, women and children.

  • Inland Real Estate is now IRC Retail Centers

    Inland Real Estate Corporation has changed its name to IRC Retail Centers Inc.

    The company unveiled a new brand identity in line with its name change, which coincides with the acquisition of Inland by funds managed by DRA Advisors LLC. The updated identity includes a new logo, tagline and updated website.

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