Real Estate

Voting extended in Family Dollar deal
Dollar General has extended the deadline for Family Dollar shareholders to approve a buyout deal while it continues to recommend a “no” vote on a competing proposal from Dollar Tree.
Sorel opens its first pop-up store
New York --Premium boot brand Sorel opened its first-ever pop-up, in Manhattan's Meatpacking District. The 3,300-sq.-ft. shop is designed in the brand's fashion-meets-utilitarian aesthetic. It features stark contrasts of black and white, and sleek and modern forms.

Quiznos expands into Middle East, Asia

Denver -- Quiznos continues to expand its international development with growth into seven countries in Asia and the Middle East. This is the latest addition to an international development strategy to open more than 1,000 restaurants in more than 40 countries by 2020 and will widen the company footprint abroad through the help of international master franchisees.
New Premium Outlets Montreal Center opens Oct. 30

Montreal, Canada – Retail real estate firm Simon, private Canadian developer SmartCentres and Calloway REIT are celebrating the opening of Premium Outlets Montreal Thursday, Oct. 30. Featuring designer and lifestyle brands, the new centre has more than 80 outlet stores offering savings of 25 to 65% every day. Many of these new outlet stores are unique to the Montreal metro area, including Michael Kors, Max Mara, The Hudson Bay Outlet, Desigual, Vans and many more.
RKF arranges 9,100-sq.-ft. True Religion lease in NYC

New York –- Independent real estate firm RKF has arranged a 9,100-sq.-ft. lease for True Religion, a retailer of denim and denim-related sportswear, in the SoHo neighborhood of New York. Acting on behalf of the landlord, 513 Broadway LLC, RKF executive VP Ariel Schuster negotiated the transaction, offering 2,900 sq. ft. on the ground floor, plus two levels below totaling 6,200 sq. ft.
PizzaRev plans 40-plus franchise stores in five new markets

Los Angeles -- PizzaRev, a fast-casual build-your-own pizza concept, is adding five franchise groups to develop the brand throughout Denver, Washington D.C., Las Vegas, Long Island, New York and Columbus, Ohio. PizzaRev plans to open at least 40 franchise locations across the markets. Beyond its 12 corporate locations in greater Los Angeles, PizzaRev currently operates franchise locations across four states.
Stiles Realty hires industry vet as senior associate

Fort Lauderdale, Fla. -- Nicole Messer has joined the retail group of Stiles Realty as senior retail associate. In this role, Messer will focus primarily on developing third-party retail leasing and investment sales business in the Palm Beach, Fort Lauderdale and Miami markets.
South Pasadena Shopping Center selects RSA as leasing rep

Lakeland, Fla. -- Retail Solutions Advisors (RSA) has been selected as the exclusive leasing representative for South Pasadena Shopping Center, a community shopping center situated in South Pinellas County, Fla. The 165,928-sq.-ft. center is anchored by Wal-Mart Neighborhood Market, Bealls Outlet, Pet Supermarket, CVS and Dollar Tree, and serves as the primary grocery-anchored retail center for the surrounding residential community in the captive South Pasadena area.
Blink Fitness to open N.J. store at Clifton Plaza

Clifton, N.J. -- Blink Fitness is set to open its newest New Jersey location at Clifton Plaza in Clifton. The fitness chain will occupy 15,000-sq.-ft. of newly constructed retail space at the 80,000-sq.-ft. shopping center, which is managed and leased by Levin Management. Levin Management negotiated the long-term lease.
Cullinan Properties relocates headquarters

Peoria, Ill. -- Cullinan Properties is relocating its corporate headquarters. Cullinan Properties has purchased 18,320-sq.-ft. of space at GEM Terrace Office Condominiums in East Peoria, Illinois from EM Properties. The entire building is 26,000-sq.-ft. and features steel-frame construction and a glass-curtain wall exterior. Other occupants of the building include Heritage Bank, Validus Technologies, Legacy Investments Services and Consociate Dansig Group.
Havertys net income dips in Q3, plans 5 new stores

Atlanta -– Net income at Havertys dropped 17% to $7.82 million in the third quarter of fiscal 2014 from $9.49 million in the same period the previous fiscal year, with higher selling, general and administrative (SG&A) expenses dampening profits. Havertys plans to open one new store in the fourth quarter of fiscal 2014 and four in new stores in the first half of 2015, three in new markets. Net sales climbed 3% to $198.5 million from $192.72 million. Same-store sales rose 1.9%.
Build-A-Bear opens NYC holiday pop-up

St. Louis -- Build-A-Bear Workshop is opening a new store location in the Brill Building in Times Square in New York City on Tuesday, Oct. 28. This seasonal pop-up shop offers an assortment of proprietary products, licensed properties and New York City-themed merchandise.