Real Estate

Pacoima, Calif. — A new Vallarta Supermarket will open in Oxnard, Calif., on April 2. It will be Oxnard’s second Vallarta. The 64,000-sq.-ft. location will house a bakery, full-service meat counter, fresh produce, and a hot food deli with in-store dining.

Founded in 1985, Vallarta Supermarkets is an independent chain with 43 locations throughout California.

Austin, Texas -- Whole Food Market will purchase four stores from New Frontiers Natural Marketplace. The stores, which average 22,000 sq. ft., are located in Flagstaff, Prescott and Sedona, Ariz.; and San Luis Obispo, Calif. The two companies expect the transaction to be finalized in the next few weeks.

The stores will continue to operate under the New Frontiers Natural Marketplace banner until they are re-signed as Whole Foods Market stores.

Suffern, N.Y. — Lane Bryant has opened new stores in Kentucky, New Jersey and Texas. The Kentucky store is located at The Shoppes at Gary Farms in Bowling Green. In New Jersey, the new Lane Bryant has opened at Willow Ridge Plaza in Marlton. The third location is in the Chimney Rock Shopping Center in Odessa, Texas.

Lane Bryant is a wholly owned subsidiary of Ascena Retail Group.

Quincy, Mass. — The Grossman Cos. and Summit Development LLC have joined forces to acquire a 5,728-sq.-ft. retail building in Westport, Conn., for $2.7 million.

Located in one of Fairfield County’s most affluent towns, the building is adjacent to the Westport Metro North train station and offers easy access to an exit from Interstate 95.

Approximately 131,000 vehicles pass the building on I-95 every day, followed by another 14,000 vehicles on Route 33. Average annual household income in Westport is $170,000.

Grand Rapids, Mich. — HopCat has purchased a former restaurant building on Woodward Avenue in Midtown Detroit and plans to open its third Michigan location in August. Mid-America Real Estate – Michigan represented the seller, Midtown Detroit Inc., in the transaction. Mid-America in cooperation with M Retail Solutions represented HopCat. A mass transit stop is planned directly in front of the building.

With 130 taps, the Midtown location will be the largest craft beer bar in the state. The bar will also offer wine, liquor and a full menu.

Aliso Viejo, Calif. —  AUM Hospitality has opened the second Johnny Rockets restaurant in Malaysia at Avenue K in Kuala Lumpur, a 360,000-sq.-ft. retail hub. The new Johnny Rockets is the 11th restaurant in the chain to open in Southeast Asia.

In addition to the two Malaysia, the chain operates six outlets in the Philippines and three in Indonesia.

New York -- H & M, Hennes & Mauritz AB opens its first Hawaii store in Waikiki on March 28. The store features a one-of-a-kind installation featuring artwork of local surf photographers Mike Coots, Sarah Lee and Zak Noyle.

The Waikiki store has hired 160 local employees.

New York -- Saddled with high levels of debt and sluggish sales, Brookstone Inc. is preparing to file for bankruptcy protection, with a plan already in place to be bought by another specialty retailer, the Wall Street Journal reported.