Real Estate

Richmond, Va. — Divaris Real Estate has announced the renewal of a 26,537-sq.-ft. Big Lots lease in the Midlothian Crossing Shopping Center in Richmond, Va.

DRE manages and leases the center for landlord Midlothian Associates. Other tenants include Goodwill, Family Dollar and Red Wing Shoes.

Glendale, Calif. — Glendale Galleria has announced the addition of more than 30 new and expanded stores to its merchandise mix. Most of the new store openings coincide with the mall’s expansive renovation, which updates aesthetics inside and outside of the center. The renovations should finish up by early November in time for the new retailer openings and the holiday shopping season.

Canton, Mass. – Dunkin’ Donuts is increasing its focus on opening stores in college campuses and other non-traditional locations. The list of universities that have recently opened new Dunkin' Donuts restaurants in 2013 or plan to open new locations by January 2014 includes Westfield University (second location), Norwich University, Merrimack College, University of Rhode Island (opening two locations), University of Alabama Huntsville, Brandeis University, and Wayne State University.

Pittsburgh – Dick’s Sporting Goods opens a new store in Corpus Christi, Texas, on Nov. 1. The Corpus Christi location will be the retailer's 21st store in the state of Texas and its 549th nationwide.

"We look forward to opening our new Dick’s Sporting Goods in Corpus Christi, becoming part of the community and serving athletes of all ages by providing them the equipment they need to excel." said Lauren Hobart, senior VP and chief marketing officer, Dick’s Sporting Goods.

Sports Authority is trying out a new store format in its first-ever store in Puerto Rico. The 35,000-sq.-ft. location in Ponce opened its doors Saturday, Oct. 19.

The company describes the new format as an intuitive one that allows consumers to easily find exactly what they need. Featuring specialty sport shops and a spacious layout, the store has been designed specifically to enhance the shopping experience.

Watters Creek, in Allen, Texas, began life in a 2005 focus group with two-dozen women from Allen.

Organized by the property’s developer Trademark Property Co., the focus group asked participants what they would like to see in this new mixed-use center. What should it offer? What should it look like? What do you need in Allen, Texas?

New York – The Jones Group is reportedly approaching deals to sell its business to Sycamore Group and GIII Apparel Group.

Sycamore Group is an Indianapolis-based real estate firm and GIII is a New York-based apparel licensor and manufacturer. Women’s Wear Daily reports sources indicate Jones Group is close to reaching agreements with both companies.

Bentonville, Ark. – Wal-Mart Stores, Inc. has reportedly named two new managers for its China business. According to Bloomberg, an internal corporate memo indicates Wal-Mart is naming Adrian Blake as senior VP of business development in China and Rob Bray as senior VP of real estate in China.