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Real Estate

  • DLC Management Corp. announces October leases

    Tarrytown, N.Y. — DLC Management Corporation, a national owner and operator of open-air shopping centers, announces the following new leases that were signed in October 2013:

    •    Back to Bed, 3,852 SF, Crossroads Shopping Center – Schererville, Ind.
    •    Better Sofas, 3,590 SF, Southwest Plaza – Roanoke, Va.

    •    China Buffet, 4,500 SF, King City Square – Mount Vernon, Ill.


  • DSW, Havertys to Fort Worth’s Alliance Town Center

    Fort Worth, Texas — Trademark Property Co. has announced the opening of a 15,000-sq.-ft. DSW Designer Show Warehouse and a 35,000-sq.-ft. Havertys, a full-service home furnishings retailer, in Alliance Town Center in north Fort Worth, Texas. Both are scheduled to open Labor Day weekend of 2014.

    Construction is scheduled to begin late this year or early next year on both stores. In addition, construction continues on several other tenants, including two new eateries scheduled to open this December.

  • Stater Bros. to open new Moreno Valley, Calif., supermarket

    San Bernardino, Calif. — Stater Bros. has announced the opening of a new supermarket in Moreno Valley, Calif., on Nov. 13. A ribbon cutting ceremony will be held in the parking lot at 8:15 a.m.

    The 43,670-sq.-ft. store will be the fourth location for Stater Bros. in Moreno Valley.

  • Kroger to invest $150 million in Dallas expansion

    Dallas -- During the next 24 months, Kroger will invest $150 million in North Texas to build five new Marketplace stores and to expand three locations, along with opening multiple fuel centers and remodeling existing properties. The growth initiative will create more than 1,700 full- and part-time career opportunities that offer competitive pay, healthcare plans, retirement options, product discounts and other incentives.

  • Crossroads at Terrell to break ground late next year

    Dallas — The Retail Connection and Oakridge Investments have announced a partnership to build the Crossroads at Terrell, a regional power center at the intersection of I-20 and U.S. Highway 80 in Terrell, Texas. The 225,000-sq.-ft. Phase I of the development will break ground late next year.

  • Retail real estate still improving, thanks to Millennials

    Chicago — Employment growth in science, technology, engineering and mathematics and the continuing recovery in the U.S. housing market have begun to affect all sectors of commercial real estate, according to Jones Lang LaSalle’s “Cross Sector Outlook.”

    Total sector commercial real estate volumes in the first three quarters of 2013 have reached $208.82 billion, an increase of 30% over the same period in 2012, said the report.

  • The Fresh Market opens in One Loudoun

    Ashburn, Va. — One Loudoun Downtown, a joint venture of Miller and Smith and North America Sekisui House, has announced the opening of a 23,800-sq.-ft. The Fresh Market.

    One Loudoun is a 358-acre master planned community in Loudoun County, Va., that includes 1,040 homes, 702,000 sq. ft. of retail, a luxury hotel and three million sq. ft. of office space.

    The Fresh Market currently operates 144 stores in 26 states.

  • Natural Grocers opens Idaho Falls store Nov. 12

    Lakewood, Colo. -- Natural Grocers by Vitamin Cottage is opening its second store in Idaho, which will be located in Idaho Falls. The store opens for business on Nov. 12.

    "We invite the Idaho Falls community to come in see what we're about," said Kemper Isely, Natural Grocers co-president. "While they are here, shoppers can also take part in a free nutritional education seminar- or pick up some practical ideas for healthy eating during one of our free cooking demonstrations."

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