Real Estate

Baltimore -- CVS Health officially announced it will rebuild its CVS/pharmacy Baltimore stores that sustained heavy fire damage during protests last week. The stores that will be rebuilt are located at 2509 Pennsylvania Avenue and 2560 West Franklin Street.
 

The fashions and style of the American West are apparently resonating with shoppers of the Sundance Catalog, as the company is gearing up for big retail expansion.

Salt Lake City -- Sundance Catalog is gearing up for retail expansion, with plans to open two locations in 2015: one in Edina Galleria in Edina, Minnesota, in September, and a second store in Dallas’ NorthPark Center in November. Up to five additional stores are planned for 2016.

Oak Brook, Ill. -- Retail Properties of America announced that it has closed on the off-market acquisition of a 38,000-sq.-ft. community center located in Tysons Corner, which is in the Washington, D.C./Baltimore corridor.

Recently renovated in 2012, the property is anchored by Golfsmith and shadow-anchored by Best Buy. It is also supported by national fast-causal restaurant offerings including Chipotle, Chick-fil-A and Roti. The property was purchased off-market for approximately $31.6 million.

Cleveland - L.L. Bean and The Capital Grille have executed leases at the 610,000-sq.-ft, mixed-use Legacy Village town center. The 16,000-sq.-ft. L.L. Bean store will feature an assortment of active and casual apparel and footwear, outdoor gear including hiking, fly-fishing, kayaking and camping products.

L.L. Bean will open in the space currently occupied by Talbots, which will be relocating to a new space within the shopping center. This will be L.L. Bean’s 23rd retail store outside of Maine.

Ann Arbor, Mich. - Domino's Pizza has opened in its third new market so far in 2015, as the first Domino's store in the Republic of Georgia opened the capital city of Tbilisi. Domino's Pizza in Georgia is a joint venture between Turkven, Domino's master franchisee in Turkey, and Geo Pizza LLC, led by CEO Tea Shengelia.

Los Angeles  — Privately held real estate development company Caruso Affiliated, has named Chris Baccus to senior VP, digital marketing. Baccus will lead digital strategy for various Caruso brands across all digital platforms, including SEO/CRM, digital advertising, social media and the entire company’s Web and mobile assets, reporting to chief marketing and communications officer Judy Johnson.
 

Merriam, Kansas -- Ikea announced it had officially plugged-in Kansas’ largest rooftop solar array, atop its recently opened store in Merriam. The 92,000-sq.-ft. solar array consists of a 730.17-kW DC system, comprised of 2,394 panels, and will produce approximately 986,800 kWh of electricity annually for the store, the equivalent of reducing 680 tons of carbon dioxide (CO2).