Skip to main content

Hospitality

  • Cogent Group acquires 12 c-stores

    Dallas -- Real estate investment firm The Cogent Group said Thursday it has acquired 12 convenience stores & gas stations in the Charlottesville, Va. market.

    The properties are leased to Charlottesville-based Virginia Oil Co. and feature food partnerships with McDonald’s, Blimpie and Dairy Queen.

    Cogent’s real estate purchase was part of a simultaneous transaction among The Cogent Group, VPS Convenience Store Group and Virginia Oil Co.

  • Coyote and Garrison acquire Chapel Hills Mall

    Colorado Springs, Colo. -- Addison, Texas-based Coyote Management L.P. and Garrison Investment Group, through their affiliates, have acquired Chapel Hills Mall, located in Colorado Springs, Colo.

    Chapel Hills Mall is a 1.2 million-sq.-ft. enclosed super-regional mall anchored by Dillard’s, J.C. Penney, Macy’s, Sears, Dicks Sporting Goods and Burlington Coat Factory, and features a 15-screen Carmike Cinema and over 100 specialty stores.

  • MasterCard Spending Pulse: Luxury, jewelry and e-commerce enjoy strong gains in May

    New York City -- Luxury, high-end jewelry and e-commerce enjoyed strong growth in May, as did the restaurant category, according to MasterCard Advisors SpendingPulse, which tracks national retail and services sales. Apparel also continued to show gains, the report found, while housing-related sectors such as furniture, electronics and appliances all saw sales decline compared with the same period in 2010.

  • Dick's Sporting Goods opens in former Fortunoff location

    White Plains, N.Y. -- SRS Real Estate Partners announced Tuesday that Dick’s Sporting Goods has leased 58,750 sq. ft. at “The Source” in White Plains, N.Y.

    The Dick’s Sporting Goods lease represents the first step of the redevelopment of the former Fortunoff store, directly adjacent to The Westchester Mall. “The Source” is also occupied by Whole Foods Market, The Cheesecake Factory, Morton’s, Destination Maternity and a planned Raymour & Flanigan.

    The new store opened in April.

  • Molson Coors names new chairman

    DENVER, Colo. and MONTREAL — Molson Coors Brewing Company has announced that Andrew Molson, the current vice chairman of the Molson Coors board of directors assumed the role of chairman, and Pete Coors, current chairman, assumed the role of vice chairman, effective May 26. 

  • McAlister’s Deli selects WAND Digital as exclusive digital menu board provider

    Eden Prairie, Minn. — McAlister’s Corp., a quick-casual restaurant chain with more than McAlister’s Deli locations across the United States, has chosen WAND Corp. to provide an enterprise level digital menu board solution for all McAlister’s Deli corporate and franchise digital sites. The project promises to be one of the largest U.S. deployments of digital menu boards to date.

  • Cinema de Lux opens at Ridge Hill

    Yonkers, N.Y.  — Forest City Enterprises announced that National Amusements’ Cinema de Lux has opened at its Westchester’s Ridge Hill mixed-use development in Yonkers, N.Y.

    With 12 state-of-the-art auditoriums and wall-to-wall screens, Cinema de Lux also features the area’s first full-service restaurant, Studio 3. The opening comes just a few months before the first buyers prepare to move into their new homes at Monarch at Ridge Hill, the luxury condominium on Ridge Hill Boulevard. 

  • Mill Valley Kitchen opening June 7

    Minneapolis — Mill Valley Kitchen, a new restaurant concept from former Excel Bank CEO, Craig Bentdahl, is opening on Tuesday, June 7, in the Ellipse on Excelsior development in St. Louis Park, Minneapolis. 

    The design of the 5,000-sq.-ft., farm-to-table restaurant was handled by Minneapolis based design firm, Shea Inc. 

X
This ad will auto-close in 10 seconds