Real Estate

Dallas, Ga. -- Marcus & Millichap announced the sale of a 17,930-sq. ft. CVS Strip Center in Dallas, Georgia, for $4.2 million. The property is 70% anchored by CVS Health with a 15-year corporate-guaranteed double-net lease.

Teen apparel retailer Hollister will remove the steps from its store entrances following a six-year court battle.

The company, owned by Abercrombie & Fitch Co., has agreed to eliminate the steps that part of the exterior design of many of its stores in order to make the doorways wheelchair accessible, the Associated Press reported. The change is part of a settlement approved by a federal judge.

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.

Burr Ridge Ill. -- Trademark Property Co. announced the start of construction on its multi-million dollar renovation of the Burr Ridge Village Center in Burr Ridge, Illinois. Enhancements will include upgraded amenities, renovation of common areas and roadway modifications.

“We are excited to evolve Burr Ridge Village Center by investing in these upgrades, which will create a more welcoming environment for guests,” said Weston Graves, VP, design and construction, Trademark.

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.

Wawa managed to beat the clock in Philadelphia, opening a flagship location just in time for the Pope’s visit.

The convenience store operator opened the 4,000-sq.-ft. store nearly two months ahead of schedule, and in time for the crowds in town to see Pope Francis.

The new Wawa features an entirely new store design, colors, graphics and other one-of-a-kind features. It was designed in collaboration with Interbrand Design Forum, Dayton, Ohio, and Cuhaci and Peterson, locally based in Blue Bell, Pennsylvania.

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.

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.