Real Estate

Players from 32 countries have poured into Brazil for a month-long contest of extraordinary soccer skill, known as the Copa do Mundo, the 2014 FIFA World Cup. Cheering them is expected to be a total of some 3.7 million fans and tourists, adding an astonishing $3.3 billion USD ($6.7 billion Brazilian Real) to this nation’s economy. According to Brazil’s Ministry of Tourism, the average foreign visitor will attend four Copa do Mundo matches and spend approximately $2,488 during their stay.

Pittsburgh - American Eagle Outfitters Inc. is entering the U.K. with the opening of three new company-owned stores. The stores will be located in the Bluewater mall in Kent, England, as well as the Westfield Group’s London and Stratford City shopping centers in London, England.

The stores opening in the Westfield centers will include an aerie presence in shop-in-shop form. All of the stores are expected to open during fall 2014.

Boston – Specialty men’s apparel retailer Blank Label opens its second store in the Downtown Crossing neighborhood of Boston on June 30. According to CNBC, Blank Label, which opened as an online-only retailer in 2009 and opened its first store in Boston in 2013, plans to open six more new physical stores on the East Coast by 2016.

Grand Rapids, Mich. -- Meijer on Monday broke ground on a supercenter in Detroit, on the site of a former high school on the city’s west side. The groundbreaking ceremony comes less than a year after Meijer opened a supercenter at the historical Michigan State Fairgrounds in the Motor City.

Dublin, Calif. — dd’s Discounts, a division of Ross Stores, will open its 23rd new store in Florida on June 28 in the Hallandale Shopping Center in Hallandale Beach, Florida. When this store opens, dd’s Discounts will operate more than 140 locations in 12 states. The retailer is on schedule to complete its expansion plan to open approximately 20 locations in 2014.

Paterson, N.J. — Planet Fitness will open an 18,000-sq.-ft. facility at 100 Hamilton Plaza in Paterson, New Jersey, the facility will occupy the first-floor retail space in the 175,000-sq.-ft. downtown office tower.

Cushman & Wakefield’s East Rutherford, N.J., office represented the building’s owner, Mountain Development Corp. in the transaction. Ripco Real Estate represented the Planet Fitness franchisee, who operates several other regional locations.

New York -- Trader Joe’s continues its expansion in South Florida with fall openings planned for three stores in Palm Beach County, the Sun Sentinel reported.

The grocer will open locations in Delray Beach, Palm Beach Gardens, Boca Raton, all in September, the report said.

Mission Viejo, Calif. — The Shops at Mission Viejo, a Simon Property Group property in Mission Viejo, California, has welcomed Kurt Webb as the new general manager. Webb began working with the center in mid-April and recently relocated to the region. He came on full time as of June 1.

Webb will be responsible for local leasing, tenant relations, building operations, security and marketing efforts. Additionally, he will act as a key liaison for various community and strategic organizations.