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Real Estate

  • Strategic Retail Advisors selected as broker for Orange County property

    Newport Beach, Calif. -- X Team International announced that partner Strategic Retail Advisors has been selected as a broker for the 81,658 sq. ft. of development surrounding a premium outlet center made up of shops and pads fronting Avenida Vista Hermosa in San Clemente, California.

  • Venture completes three anchor leases across Texas

    Dallas -- X Team International announced that partner Venture Commercial Real Estate completed three retail anchor leases for landlords and tenants, totaling 110,000 sq. ft. across Texas.

    Walmart signed a ground lease to build a 42,000-sq.-ft. Walmart Neighborhood Market store at the site of a former Brookshire Brothers at 1030 N. University Drive in Nacogdoches.

    Hobby Lobby signed a lease to open a 50,200-sq.-ft. store at 2200 S. Loop 256 in Palestine.

  • Nordstrom Rack in 2017 opening

    Seattle -- Nordstrom remains on the move with its off-price division.

  • CityLine to add three new restaurants to mix

    Photo: Fernando’s owner Fernando Padilla with CityLine location general manager Omar Hernandez.

  • Charming Charlie names industry vet as senior VP of real estate & construction

    Houston -- Charming Charlie has appointed Melissa Boughton as senior VP of real estate & construction, where she is spearheading the retailer’s real estate, store planning, construction, facilities and lease administration functions.

  • Merchants Retail Partners acquires Alabama shopping center

    Auburn, Ala. -- Merchants Retail Partners recently led the acquisition of Flint’s Crossing in Auburn, Alabama, on behalf of its related investment partner. The 100,000-sq.-ft. shopping center is anchored by gourmet grocer EarthFare and Panera Bread.

  • New West Elm boasts armory-inspired design

    Brooklyn, N.Y. -- The design of West Elm’s upcoming store was inspired by a armory.

    The retailer will open its ninth New York store on July 23. The 10,600-sq,-ft. store is located at Culver Road Armory, in Rochester.

  • Retail ‘Wrap’

    If you’ve been reading this column over the last four years, let me first say, “thank you!” It’s gratifying to think that my musings about retail and retail real estate have kept your attention and interest. In this, my 100th and final (except for an occasional contribution) Retail Rap, I wanted to tackle the big question: What’s next? Where is the retail industry — particularly brick-and-mortar — headed in the months and years ahead?

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