Real Estate

Fort Worth, Texas -- McAlister's Deli has partnered with Buxton to identify the best market opportunities for continued growth. Buxton's restaurant expertise and Scout platform will allow McAlister's to quantify growth potential and optimize locations of new and existing restaurants.

The beach community locale served as the inspiration for Liverpool's new store in Boca del Rio, Veracruz (Liverpool is Mexico's largest department store chain). The design of the 301,389-sq.ft. store, which took top honors in Chain Store Age's 2014 Retail Store of the Year design competition, utilized the natural surroundings as a reference for the interior's organic shapes, color, textures and patterns, creating a space that balances nature and modernism.

Portland, Ore. — Cypress Equities, the management company for Lloyd Center, has shared its initial plans for updating the historic shopping center in the Lloyd District adjacent to downtown Portland.

The proposal, which has been submitted to city officials, calls for two entirely new pedestrian entryways designed to provide greater access to the shopping center and to build synergy with the stir of activity along Multnomah Street.

Irvine, Calif. — Hanley Investment Group Real Estate Advisors closed out 2013 with 10 retail property sales totaling nearly $61 million in December. For the year, Hanley logged sales of more than $315 million. Among the December sales were:

Toronto -- Hudson's Bay Company will sell its flagship in downtown Toronto and neighboring office tower for C$650 million ($587.09 million) to an affiliate of commercial real estate developer Cadillac Fairview Corp., and open a full-line, 150,000-sq.-ft. Saks store in the leased-back space.

Tri-Land Properties is demonstrating the power of value added retail real estate investing with its extensive renovation of Fridley Market at the intersection of University Avenue and I-694 in Fridley, Minn.

Tri-Land is a full-service, real estate development and redevelopment company focused on the successful acquisition, development, renovation and management of community centers ranging in size from 100,000 sq. ft. to 750,000 sq. ft.

Los Angeles -- The Coffee Bean & Tea Left said that Bill Robards has joined the company as VP of store development. He will be responsible for delivering upon the brand's extensive growth and expansion plans in the United States.

Plano, Texas -- Rent-A-Center has opened its newest location in Roswell, Ga. This marks the 79th store Rent-A-Center operates in the state of Georgia.

Rent-A-Center also operates more than 3,000 stores in the U.S., Puerto Rico, Canada, and Mexico. The company employs more than 21,000 workers.