Real Estate

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.   

A complete revamp has put a new focus on freshness and customer engagement at Strack & Van Til.

Focusing on whole organics, natural foods, and gluten-free products, the 56,458-sq.-ft store is set up to offer the value of a farmers market in the environment of a large space. Customers can even have their fresh purchased seafood grilled for them on-site.

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.

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.

Panama City -- Starbucks Coffee Company has entered its 15th Latin America market.

The coffee giant — together with Premium Restaurants of America, its long-term strategic licensing partner in Central America — has opened its first store in Panama, making it Starbucks 15th market in Latin America and 67th worldwide.

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.  

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.

Fort Worth, Texas -- Trademark Property Co. announced its Waterside mixed-use development, located in Fort Worth, Texas, will be the first ground-up project developed as part of Trademark’s Conscious Place initiative; a stakeholder-driven development model that aims to ensure that its properties are more than just places of commerce, but also places of community and meaning.