Real Estate

Fort Worth, Texas - David E. Pratt has joined Trademark Property Co. as VP mall and lifestyle leasing. Pratt brings 27 years of retail leasing experience to Trademark, where he will be responsible for leasing of the company’s lifestyle centers and malls.

Savannah, Ga. - Bill Bishop has been named VP of real estate and development of convenience store chain Parker’s, a new position for the company. He will work with president and CEO Greg Parker on the company’s strategic real estate negotiations and acquisitions, citing research and permitting coordination with local officials.

Brooklyn, N.Y. - Forest City Ratner Companies (FCRC), owner and developer of Westchester’s Ridge Hill, will host DreamPlace, an interactive Santa adventure. DreamWorks Animation has chosen Westchester’s Ridge Hill as one of just seven locations around the country, and the only one in the Northeast during the 2014 holiday season.

Target opened its experimental Express format on July 23 in a community near downtown Minneapolis designed to give the retailer an early indication of expansion potential for the 20,000-sq.-ft. concept.
 
The store is the smallest Target has ever opened and is located in an area known as Dinkytown near the campus of the University of Minnesota. Four additional locations are already planned for next year including three in the San Francisco area and one in St. Paul.
 

Bentonville, Ark. -- Sam’s Club has purchased an approximately 13-acre parcel to build its new store at Village at the Peaks in Longmont, Colorado. Sam’s Club plans to build a new 136,000-sq.-ft. store to anchor the northernmost location in the project.

The 480,000-sq.-ft. Village at the Peaks is being developed by NewMark Merrill Mountain States and is scheduled to open in late 2015. Other key anchors Whole Foods, Gold’s Gym and a state-of-the-art Regal Cinema.

High-end department store Von Maur plans to open its 30th location on October 18 in Oklahoma City. The new location will be the company’s first in the state and will be part of the city’s Quail Springs Mall.

The new store will open in a space that used to house a Sears, and will undergo a complete facelift. Von Maur will create a brick façade on the exterior and sell brands like Brooks Brothers, Hugo Boss and Coach.

Bentonville, Ark. – Wal-Mart Stores Inc. has lost its bid to keep files regarding an internal probe of possible bribes paid to Mexican officials to aid real estate deals out of the hands of investors. The Delaware Supreme Court has upheld a 2013 ruling by a lower Delaware state court mandating that Wal-Mart provide the files to several investors.

Davenport, Iowa -- Von Maur Department Stores will open its 30th store, at Quail Springs Mall in northern Oklahoma City, on Oct. 18. The split-level, 150,000-sq.-ft. store will be the company's first location in Oklahoma.

Located at the mall's former Sears location, the store will undergo a complete remodel in order to feature Von Maur's signature exterior brick facade, which includes arching entryways accented by copper cupolas.