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Real Estate

  • JLL adds retail expertise in San Francisco Bay area

    San Francisco--JLL announced that it has expanded its retail brokerage practice in Northern California with the addition of Jamie Kendall as VP. Kendall will be based in the firm’s San Francisco office, and will partner with the firm’s existing retail, agency leasing and investment sales teams to help maximize the value of retail assets for JLL’s growing client base in downtown San Francisco.

  • Kate Spade, Lululemon opening at Highland Village

    Jackson, Miss. -- Kate Spade New York and Lululemon Athletica are both opening their first permanent Mississippi locations, as Chestnut Hill, Mass.-based WS Development announced the retailers’ grand opening plans at Highland Village in Jackson, Miss.  

  • Tanger Outlets at Foxwoods To Open on May 21, 2015

    Mashantucket, Conn. -- Foxwoods Resort Casino announced that the grand opening of the new Tanger Outlets at Foxwoods will be held on May 21, 2015.   

  • Texas gets its 80th Sam’s Club

    The Houston suburb of Richmond is home to Sam’s Club’s 80th location in Texas following the opening of a new unit there on Thursday, Nov. 6.

    Sam’s Club now operates 20 clubs in the sprawling Houston market and the 80 clubs the retailer operates in Texas account for more than 12% of the 643 Sam’s Clubs in operation nationwide as of September 30.

  • Delhaize to sell Bottom Dollar stores to Aldi for $15 million

    Brussels, Belgium -- Delhaize Group has signed an agreement to sell its Bottom Dollar Food stores to deep-discount grocer Aldi Inc. for approximately $15 million, including the assumption of associated lease liabilities. The transaction, which involves  66 Bottom Dollar stores in the greater Philadelphia and Pittsburgh markets, is expected to result in an asset impairment and other charges for Delhaize Group of approximately $180 million.  

  • Panera Bread to make debut in Culver City

    Los Angeles -- Real estate investment and services firm Kennedy Wilson has negotiated a 10-year retail lease for Panera Bread, the chain’s first location in Culver City, Calif. The 5,100-sq.-ft. property is located at 10990 Jefferson Blvd. within the Studio Village Center.  

  • Publix to co-anchor Steele Creek Crossing

    Charlotte, N.C. --Westwood Financial Corp. announced that Publix Super Markets has now opened as the new anchor tenant at Steele Creek Crossing in Charlotte, N.C. This lease marks one of seven Bi-Lo locations Publix has taken over in the Charlotte area.

  • Well Developed: The benefits and best practices associated with successful public-private partnerships

    By Don Cardon and Steve Backman         
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