Real Estate

Seattle -- Amazon.com is opening its second one million-sq.-ft. fulfillment center in New Jersey, in the town of Carteret, as its looks to facilitate same-day deliveries in Manhattan.

Amazon opened its first one million-sq.-ft. fulfillment center in New Jersey, in Robbinsville, in July 2014. The company employs thousands of full-time employees at its Robbinsville fulfillment center and continues to hire to meet growing customer demand.

Houston – Fuddruckers is going from “Howdy” to “Ayuh.” The casual-dining chain is opening its first location in Maine on May 11 through a partnership with franchisee B&B Burgers Inc. The 3,000-sq.-ft. restaurant in Ellsworth, Maine anchors a new Tradewinds convenience store complex.

New York -- Commercial real estate services firm DTZ, which is backed by private-equity firm TPG, has entered into a deal to acquire rival Cushman & Wakefield Inc. for $2 billion.

The combined company will have 43,000 employees, annual revenues of more than $5.5 billion and manage more than 4 billion square feet of real estate globally.  It will operate under the Cushman & Wakefield name.

Amazon.com is looking to facilitate its same-day deliveries in the New York City area by opening another 1 million-square-foot fulfillment center in New Jersey.

Chicago -- JLL is getting a big boost to its retail business by acquiring Wilson Retail Group, an independent retail brokerage and capital markets firm in Southern California.

The transaction will enable JLL, the nation’s largest third-party retail property manager, to provide a broader range of brokerage and investment sales services to retailers and investors in a core urban gateway. The transaction closed for an undisclosed sum.

Cincinnati -- Macy’s will debut its off-price business in fall 2014, opening four stores in metro New York City. The new business, one of the department store giant’s major growth initiatives, will be called Macy’s Backstage.

Cedar Hill, Texas - Trademark Property Co., the operating partner for Uptown Village at Cedar Hill, has announced a new name for the 610,000-sq.-ft. shopping center: Hillside Village. The new name and corresponding new brand were selected to reflect the garden-like look and feel planned as part of a multi-million dollar property renovation.  

Toronto -- Canada’s Loblaw Companies Ltd. said it will pull its Joe Fresh brand from J.C. Penney stores in the United States at the beginning of next year as it looks to concentrate on freestanding Joe Fresh stores and e-commerce.