Real Estate

Low-price grocery chain Aldi is coming to Southern California, as the retailer hastens plans to open at least 45 stores in that state by the end of 2016.

The retailer says it plans to hire more than 1,100 people to work in its Southern California stores, as well as at the company's regional headquarters and warehouse in Moreno Valley, Calif. 

FORT WORTH, Texas — Edible Arrangements International has chosen Buxton to help the company meet its full growth potential with regards to its core business and the national expansion of its Edible to Go line of fresh fruit smoothies and treats.  

Austin, Texas — Whole Foods Market unveiled the name of its new banner of smaller, value-focused and millenial-targeted stores:  “365 by Whole Foods Market.”

Batavia, Ill. — Discount grocery powerhouse Aldi announced plans enter the nation’s most populous state, opening approximately 25 stores in Southern California by July 2016.      The chain’s expansion to California is an integral part of a five-year strategic plan to open 650 new stores across the nation. By the end of 2018, Aldi expects to operate nearly 2,000 stores.   

EVANSVILLE, Indiana — Shoe Carnival plans to launch a complementary, small-market store concept. The new format will be approximately 5,000 sq.ft. or half the size of a current Shoe Carnival store.  

Oak Brook, Ill. — Retail Properties of America, Inc. (RPAI) has closed on the acquisition of Woodinville Plaza located in the Seattle Metropolitan Statistical Area (MSA). The property was acquired on an unencumbered basis for a gross purchase price of $35.3 million.   

Philadelphia - Five Below is entering the Florida market with the opening of nine stores on June 12. These locations, which will bring the fast-growing retailer’s store count to 400, and are part of a total 70 new stores it plans to open in 2015.

“Entering the state of Florida, our 25th state and opening our first stores in Jacksonville, Orlando and Tampa, is very exciting as we continue to grow our footprint across the country," said Joel Anderson, CEO of Five Below.

Seattle -- Nordstrom announced plans to open a full-line store in a new open-air retail promenade to be built by Caruso Affiliated, in Carlsbad, California.

The 124,000-sq.-ft. store is scheduled to open fall 2018 and will be the fifth Nordstrom full-line store in the greater San Diego area. The company opened its first Nordstrom in San Diego at Fashion Valley in 1981.