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Real Estate

  • Report: Dick’s, Gordmans to anchor proposed Iowa shopping center

    Ankeny, Iowa – Dick’s Sporting Goods and Gordmans are reportedly the anchor stores for a proposed shopping center in Ankeny, Iowa. According to the Des Moines Register, St. Louis-based developer Staenberg Group seeks to begin construction on the project, known as Delaware Commons, in the fall.

    Staenberg Group is seeking to obtain environmental permits relating to wetlands on the property. The center also has space for a third main anchor store, several junior anchors, and other small stores and restaurants.

     

  • Rialto Jean Project opens New York pop-up shop

    Venice, Calif. – Vertical denim retailer Rialto Jean Project (RJP) opens a month-long pop-up shop on Sept. 5 in New York's South Street Seaport, in conjunction with the New York Fashion Week Spring/Summer presentations kicking off around Manhattan.

  • Family Dollar rejects upped bid from Dollar General; sticking with Dollar Tree

    Matthews, N.C. — Family Dollar Stores on Friday rejected the sweetened, $9.1 billion take-over bid made by Dollar General on Sept.

  • Starbucks to open two new store formats

    Seattle - Starbucks Coffee Company will launch two new store formats in fiscal 2015, include a smaller-format concept aimed at urban commuters and a more premium store concept — Starbucks Reserve Roastery and Tasting Room — dedicated to the chain’s highbrow Reserve brand of coffees.

  • Target expands smaller-format store footprint

    Target is expanding its TargetExpress format outside the Minneapolis area for the first time. The retailer plans to open two new stores in San Francisco’s financial district and Berkeley, California, in March 2015.

  • Starbucks to try out two new store formats on for size

    Starbucks will launch two new store formats in fiscal 2015, include a smaller-format concept aimed at urban commuters and a more premium store concept — Starbucks Reserve Roastery and Tasting Room — dedicated to the chain’s highbrow Reserve brand of coffees.

  • Tiffany names exec VP overseeing global retail ops

    New York -- Tiffany & Co. announced that it has named Jill Beraud as an executive VP, effective Oct. 13. She will have responsibility for global retail operations including all sales channels in every region, as well as oversight of strategic store development and real estate.

    Beraud will report to Frederic Cumenal, president, who, as previously announced, will become Tiffany’s CEO effective April 1, 2015.

    Beraud, 54, joins Tiffany from Living Proof where she has been CEO since 2011.

     

  • Twin Peaks to open in Palm Beach

    Palm Beach, Fla. -- On behalf of DMD Restaurant Group, JLL announced the firm has closed the sale of the former Carraba’s Restaurant, located at 2224 Palm Beach Lakes, West Palm Beach, Florida. DMD Restaurant Group plans to demolish the 1.7 acre site and construct a new free-standing, 8,500-sq.-ft. Twin Peaks restaurant with a 2,000-square-foot patio.

  • Kimco spins off Centennial Plaza to ARC

    Dallas -- CBRE’s National Retail Investment Group announced the sale of Centennial Plaza, a 233,797-sq.-ft. power center in Oklahoma City, on behalf of Kimco Realty Corp., to American Realty Capital-Retail Centers of America.

    Centennial Plaza, at 100% occupancy, is tenanted by Home Depot, Best Buy, Gordmans and Guitar Center. Home Depot’s Centennial Plaza location is the retailer’s first and only urban location in the city.
     

     

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