Real Estate

The company, the PGA Tour’s exclusive off-course/off-airport retail partner, has built a business dedicated to providing golf enthusiasts of all levels access to the same technology and expertise that card-carrying Tour pros enjoy. Stores are staffed with teaching professionals and have multiple state-of-the-art swing simulators, practice hitting bays, and large putting greens. There is also an in-house club-making and repair facility.   

The long-delayed, controversial American Dream retail-entertainment destination in the Meadowlands in East Rutherford, New Jersey, has snared three high-profile tenants.  

Salt Lake City -- Robert Redford’s Sundance Catalog is growing from its Western roots as it expands its retail footprint.

The company will open a store in Edina, Minnesota, on Thursday, Sept. 17. The opening is one of two locations Sundance will open east of the Rocky Mountains in 2015 as it grows from lits Western home base. The company plans to continue its retail growth over the next several years with additional stores targeted across various locations nationwide.

A red-hot real estate market and sky-high property values have some retailers, including Macy’s and more recently, McDonalds, feeling the pressure to cash in on the value of their real estate assets. How? By spinning off store properties and/or land assets into a REIT and entering into a lease-back deal.

Chico’s FAS Inc. may be considering a sale to one of several private equity suitors.

Nike has opened a soaring, one-of-kind flagship to spotlight some of its most innovative merchandise.

The three-level 31,000-sq.-ft. store, at The Grove in Los Angeles, is one of the largest in the company’s portfolio. It features a number of elements designed to celebrate the City of Angles and to serve athletes, starting with a huge “We are LA” mural that spans all three floors and is made up of thousands of icons reflecting Nike’s heritage, local sports teams and California-centric imagery.

Ft. Myers, Fla. – Chico’s FAS Inc. may be considering a sale to one of several private equity suitors.

According to Bloomberg, Chico’s has been approached by Sycamore Partners and is also in talks with other private equity groups about a possible sale.

“Now Trending” is an exclusive online series to chainstoreage.com, featuring trending topics that impact the retail real estate landscape.

At a time when the growing influence of millennials and the ongoing development, redevelopment and revitalization of urban communities continue to shape the commercial development landscape, the changes taking place in the hotel and multi-family sectors reflect many of those same demographic and development trends.