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  • Harris Teeter to anchor Caldwell Crossing

    Charlotte, N.C. -- Aston Properties announced plans to develop Caldwell Crossing in Harrisburg, North Carolina, on the corner of Caldwell Road and Hwy. 49. 

    Construction has begun on the 85,000-sq.-ft. center with an anticipated opening date in late fall 2015.

    Caldwell Crossing will be anchored by a Harris Teeter grocery store and will include up to 26,000 sq. ft. of small shops. In addition to Harris Teeter and the shops, the center will include two outparcels.

  • Report: Miami retail buildings sell for $342 million

    Miami Beach, Fla. -- Terranova Corp. and Acadia Realty Trust have reportedly agreed to sell six retail buildings on Lincoln Road in Miami for $342 million. According to the Miami Herald, the buildings were purchased for a combined $191 million in 2011 and 2012, marking a $151 million profit in a few years.

    Tenants include Starbucks, Fossil, and A/X Armani Jeans. The deal is with an unnamed institutional investor and is not yet completed. It ranks as the most expensive retail real estate transaction in Miami history.

     

  • Target signs legal brief backing same-sex marriage

    New York -- Target Corp. has added its name to a legal defense of gay marriage. The move comes four years after the company was criticized for supporting a strident opponent of same-sex unions.

    Target signed a court brief backing marriage equality in a pending court case and publicly declared its support of gay marriage, joining the likes of Starbucks, Apple and Intel.

  • Five Cool Stores for a Hot Summer

    The summer has brought with it a flurry of new store openings, from both established players and emerging online-offline stars. Check out the five below … and don’t miss the bonus at the end!

  • Phillips Edison-ARC expands portfolio in Texas with two acquisitions

    Cincinnati -- Phillips Edison-ARC Grocery Center REIT II, Inc. has acquired two grocery-anchored shopping centers, Northpark Village and Spring Cypress Village, both located in Texas.

    Northpark Village is a 70,479-sq.-ft. grocery-anchored shopping center in Lubbock, anchored by United Supermarkets and tenanted by GNC, Starbucks, Super Tan and Sun Loan Company.

    Spring Cypress Village is a 97,550-sq.-ft. grocery-anchored center in Houston, anchored by Sprouts and tenanted by Burger King, State Farm Insurance and Spec's.

     

  • Target opens three new Canadian stores; plans three more

    Mississauga, Canada – Target opens three new stores in Canada Aug. 1 and plans three more new Canadian stores later in the fall. The stores are located at Erin Mills Town Centre in Mississauga, Ontario; Park Place in Barrie, Ontario and Carrefour Candiac in Candiac, Quebec.

  • Target’s Canadian expansion on track

    Target’s expansion of its troubled Canadian division remains on track as new chairman and CEO Brian Cornell prepares to assume leadership of the company in August.
     
    The new stores are located at Erin Mills Town Centre in Mississauga, Ontario; Park Place in Barrie, Ontario and Carrefour Candiac in Candiac, Quebec. The Barrie and Candiac locations are new buildings. Earlier this year, Target opened three locations in Canada, and has plans to open three more later this fall, bringing this year’s total to nine and overall total to 130.

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