Real Estate

Five Below plans to open eight locations in and around Houston Friday, June 6, marking the specialty value retailer’s first foray into that city. The company already has 15 stores in the Dallas and Austin markets.

The store openings are part of the company’s aggressive growth strategy. Last year, the Philadelphia-based retailer opened 60 new stores, and it plans to match that number this year. With the Houston openings, there will be 338 Five Below stores in 20 states throughout the country.

New York -- This spring, The Mall at Short Hills in Short Hills, New Jersey, welcomes four new boutiques: The Art of Shaving, Calypso St. Barth, Geox and Maje.

Now open on the lower level, The Art of Shaving offers men’s luxury grooming products.

New Jersey’s first Calypso St. Barth boutique is now open on the upper level. Inspired by travel, culture and the arts, Calypso offers women’s apparel, accessories and home décor.

Kennesaw, Ga. — Pep Boys has signed a 10-year lease for 5,000 sq. ft. at Orchard Square center in Kennesaw, Georgia.

According to the landlord, Westwood Financial Corp. (www.westfin.com), one of the nation’s largest privately held retail shopping center owners, the space was expanded by 1,000 sq. ft. to 5,000 sq. ft. to meet Pep Boys’ current prototype.

Sydney, Neb. -- Cabela’s Inc. on Wednesday announced plans for three new stores in three new markets: Huntsville, Alabama; Oklahoma City, Oklahoma; and Woodbury, New York.

Freeport, Maine -- L.L. Bean announced it will open its first store in the state of Vermont, at Burlington Town Center.

The two-level, 18,290-sq.-ft. store is scheduled to open in October. It will feature an assortment of active and casual apparel and footwear, outdoor gear including hiking, fly-fishing, kayaking and camping products. It will L.L. Bean's 20th retail store outside of Maine.

Sweetwater, Fla. -- Ikea announced it had completed the installation of South Florida’s largest solar array, which will be plugged-in officially atop the future Miami-Dade Ikea store opening this summer in Sweetwater, Florida. Combined with rooftop arrays in Orlando, Tampa, and Sunrise, this fourth solar project will keep Ikea as the state’s largest non-utility solar owner.

New York -- Global brand agency CBX will help Friendly Express update the design and branding of its 42-store network of community-focused convenience stores in southeast Georgia.

Under the assignment, the firm will update the chain’s logo and redesign the interiors and exteriors of its convenience stores, which range in size from 2,000 sq. ft. to 3,500 sq. ft. Friendly Express stores, which also offer gasoline, are located in several different southeast Georgia communities, including Waycross, Jesup, Folkston, Brunswick, and St. Simons Island.