Real Estate

Major expansions at several U.S. distribution facilities in California and Kentucky increase UPS’ distribution capacity by roughly 460,000 square feet.

The largest expansion came at the UPS facility in the southern California town of Mira Loma near the Los Angeles Ontario Airport. The regional air hub gained 309,000 square feet of space to enhance its ability to allow retail and manufacturing customers to move shipment originating from Asia throughout the U.S. due to its proximity to transcontinental rail connection and major highways.

Sports Authority opened two locations in Puerto Rico — on in San Juan and the other in Carolina — early this week, bringing the total number of stores on the island to three. The stores are located in the Plaza Las Américas and Plaza Carolina shopping centers, respectively.

According to the company, both locations are equipped with improved store designs for effortless navigation and offer extensive product selections. The stores will feature specialty sport shops with products from brands including Nike, Under Armour, Puma, Adidas and Columbia.

Walnut Creek, Calif. — John Cumbelich & Associates, a San Francisco Bay Area-based commercial real estate firm, has announced the sale of 1280 Willow Pass, a 73,167-sq.-ft. shopping center in Concord, Calif.

X Team International partner, John Cumbelich & Associates, represented both the buyer and the seller in the transaction, which attracted multiple offers.

Covington, La. — Stirling Properties has announced the development of a new full-service Walgreens drug store in Metairie, La., in the Barlon Plaza Shopping Center. The new store will be a ground-up relocation of an existing Walgreens currently within the center.

At 14,000 sq. ft., the larger store will feature a drive thru window and full-service pharmacy.

Dallas — SRS Real Estate Partners welcomes Logan Elder as an associate in the Atlanta office. She will focus on tenant representation.

Elder comes to SRS from Post Properties, where she handled management and leasing for multi-family developments retail and restaurant space.

Hong Kong -- Coach announced that it has retained Studio Sofield, led by designer and president William Sofield, as creative advisor in the development of the company's next generation retail concept.

The new concept will be unveiled in fall 2014, with the company's 4,000-sq.-ft. flagship in Beverly Hills, Calif., followed by the Coach store at the Time Warner Center in New York City (5,335 sq. ft.).

Fort Worth, Texas — The Fresh Market and Grimaldi’s Coal Brick-Oven Pizzeria will open locations at WestBend, a mixed-use development in Fort Worth, Texas, owned by Trademark Property Co.

Dallas -- Corner Bakery Café has signed a new multi-unit development agreement with Holm Bake, LLC, headquartered in Winter Park, Fla., which plans to open its first of 17 restaurants in the Orlando, Fla., area next year and the remaining sites over the following six years.