Real Estate

New York - Charming Charlie has unveiled its first New York City flagship store. Situated on Fifth Avenue, the flagship is a showcase for the brand's new store concept, and was designed in partnership with Callison Architects.  

Gap Inc. is eyeing the 110,000-sq.-ft.

Five Below reported an increase in same store sales and profit for the first quarter in the same week the company opened a new distribution center to support its expansion plans. 

Dallas - Trademark Property Co., the operating partner for The Shops at Highland Village, has started construction on its multi-million dollar renovation of the 389,090-sq.-ft. shopping center. Enhancements include: upgraded building façades, common area and landscaping improvements, public art, new amenities for adults and children, and new signage throughout the property.

Strong sales of tobacco products, candy and snacks helped drive Dollar General's same-store sales up nearly 4% in the first quarter as the company celebrates its 12,000th store opening this month.

The rebound in the nation’s economy is boosting retail sales and spurring an uptick in the number of retailers seeking to expand their presence in existing markets or grow into new trade areas. However, the boom does have a downside for those tenants, as most are finding out.

Fast growing retailer Five Below is bolstering it supply chain capabilities in the northeast with a new facility that will eventually exceed one million square feet.

The retailer of of value merchandise for teens announced the it will open a new distribution center in Oldmans Township, N.J. The 1,045,000 square-foot facility, located at 5 Gateway Boulevard, Pedricktown, N.J., will replace the company's existing 421,000 square foot facility located 12 miles away in New Castle, Del.

Philadelphia -- Five Below will grand open a distribution center in Oldmans Township, New Jersey, on June 3, with shipping out of the new 1 million sq.-ft. center beginning in July.

Located in Pedricktown, N.J., the center will replace the company's existing 421,000-sq.-ft. facility located 12 miles away in New Castle, Delaware. Five Below will occupy approximately 700,000 sq. ft. of the facility to start, with plans to grow to a million square feet over time.