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Real Estate

  • Dick’s Last Resort to open first Ohio location

    Columbus, Ohio - Nationwide Realty Investors has announced that Nashville, Tennessee-based Dick’s Last Resort will open its first Ohio location in the Arena District in summer 2015. Dick’s Last Resort will occupy 7,300-sq.-ft. in the first floor of a building adjacent to Nationwide Arena and will include an outdoor patio with seating for more than 130 people

  • L.L. Bean to open at least 100 stores by 2020

    Maine-based L.L. Bean Inc. intends to almost triple its store count by 2020, according to a company memo distributed to employees this month.

  • Report: Safeway sells three Hawaii centers

    Pleasanton, Calif. – Safeway Inc. is reportedly selling three shopping center it owns in Hawaii. According to Pacific Business News, Carlsbad, California-based Terramar Retail Centers is paying about $156 million for the centers.

    Two of the centers are anchored by a Safeway – the 23-acre Hokulei Village in Lihue on Kauai for $52.25 million, and the 12-acre Lahaina Cannery Shops on Maui for about $60.3 million. Terramar is also paying $43.4 million for the 24.5-acre Target-anchored Puunene Shopping Center on Maui.

  • 'Whole Foods for pets' Kriser's adds 26th store

    Trendy pet retailer Kriser's is opening another store in the Houston market as it blazes a trail of expansion across middle America.

  • Couche-Tard to buy 21 stores, 151 dealer sites in U.S.

    Laval, Canada - Alimentation Couche-Tard Inc. is purchasing 21 stores, 151 dealer fuel supply agreements and five development properties through its Circle K Stores Inc. subsidiary from Cinco J Inc. The 21 stores and development properties are located in Texas, while the 151 dealer fuel supply agreements are located in the Texas, Mississippi and Louisiana.

  • Caruso names senior exec over strategic alliances and entertainment

    Los Angeles -- Caruso Affiliated announced the appointment of Steven Martin to senior VP, strategic alliances & entertainment. Martin will oversee client sponsorships, large-scale entertainment events, brand activations, and new business development across Caruso Affiliated’s portfolio.  He will report to chief marketing and communications officer Judy Johnson.

  • Tuesday Morning to open at Paramus Place

    Paramus, N.J. -- Tuesday Morning is set to join the tenant mix at Paramus Place in Paramus, New Jersey. The retailer has leased 15,000 sq. ft. of space at the 261,000-sq.-ft. shopping center, announced Levin Management, the property’s managing and leasing agent.

    Paramus Place is anchored by Kohl’s, and also features Panera Bread, Annie Sez, Modell’s, Party City, Lane Bryant, A.C. Moore and Cuts for Kids.
     

  • Tiger Direct slices store count

    Port Washington, N.Y. – Consumer electronics retailer Tiger Direct, a subsidiary of Systemax, has decided to focus on its online territory. Tiger Direct is shuttering 31 of its 34 U.S.-based and international stores.

    Gordon Brothers Group subsidiary DJM Real Estate is handling the disposal of 27 Tiger Direct stores in the U.S. and Canada. The stores, which range in size from 14,000 to 33,400-sq.-ft, can be subleased or have their leases purchased outright.
     

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