Real Estate

Jackson, Miss. – Newk’s Eatery is entering the San Antonio, Texas area as part of a broader expansion plan that includes 30 new franchise and corporate stores in 2015. The fast-casual dining chain has signed a franchise agreement with Stephen Kuehler, who will lead the chain's expansion into the San Antonio area.

Fort Worth, Texas – Video game retailer GameStop Corp. has reportedly bid on the leases of 163 stores that bankrupt consumer electronic chain RadioShack Corp. is abandoning as of March 1. According to Reuters, GameStop’s total bid equaled about $2.44 million, or $15,000 per lease.

Brampton, Canada -- Loblaw Companies Ltd., Canada’s largest supermarket chain, will open 50 new stores and renovate 100 existing stores in 2015 as part of a $1.2 billion investment in its business.  

The investment also  e-commerce expansion, and supply chain and IT infrastructure.

Who needs Family Dollar? After a failed bid to acquire its smaller rival, Dollar General is on the move and extending its presence to three new states.

Las Vegas -- The Las Vegas Strip has a brand new retail attraction: Grand Bazaar Shops. The two-acre, open-air center is located adjacent to Bally’s Las Vegas.

Goodlettsville, Tenn. -- Dollar General isn’t letting its failed bid for rival Family Dollar slow its momentum. On Saturday, Dollar General announced it is entering three new states: Oregon, Maine and Rhode Island. The expansion will give it stores in a total of 43 states nationwide.

Dollar General already operates more than 11,700 stores, but entry into the three new states gives it more greenfield expansion opportunities to pursue while Dollar Tree is busy integrating the recently acquired Family Dollar chain.

Houston -- Simon is further elevating its signature Houston Galleria by investing in a $30 million renovation of the luxury wing in addition to adding a new Saks Fifth Avenue flagship, 110,000 sq. ft. of new retail space, and a 14,000-sq.-ft. freestanding retail building.

Seattle -- Nordstrom will open a full-line store in the new regional shopping center being developed by General Growth Properties in Norwalk, Connecticut.  

The three-level, 150,000-sq.-ft. store is scheduled to open in fall 2018 and will be the company's second full-line store in the state. The company opened its first Nordstrom in Connecticut in 1997 near Hartford at Westfarms Mall in Farmington.