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Retail

  • E-Commerce Impacts DCs

    Distribution centers are evolving to keep pace with demands of omnichannel retailing

    Distribution centers have evolved alongside trends such as just-in-time manufacturing and the rise of overnight shipping. Now they are changing again, this time to accommodate omnichannel consumers.

  • Divaris Sells Jiffy Lube Property for $1 million

    Rockville, Md. — Divaris Real Estate has announced the sale of a net-leased Jiffy Lube on East Joppa Road in Parkville, Md. The 1,936-sq.-ft. building was purchased for $1,065,000 with a cap rate of 10%. Divaris handled the sale on behalf of but the buyer, Jiffy Joppa, and the seller, DLS Exchange Corp.

  • West Elm makes itself at home in Alabama

    Home furnishings retailer West Elm is opening a retail store in Birmingham, Ala., Thursday, Oct. 10 — it’s first ever location in the state.

    The nearly 8,000-sq.ft. store located in the Summit Birmingham shopping center will feature the brand’s mix of furniture, home décor, gifts and artist collaborations. The store will also feature an assortment of local handcrafted products sourced through Etsy.com, including one-of-a-kind furniture, lighting, leather goods and wall art.

  • Raley’s enhances e-commerce efforts with Aisle50

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  • AT&T Store Design Gets a Customer-Focused Reboot

    It’s not what you see as much as what you don’t see that defines AT&T’s new store concept.

    Noticeably missing from the prototype, which debuted in La Grange, Ill., are traditional counters, checkout registers and printed signage. Instead, the 3,200-sq.-ft. store offers an inviting, modern and interactive environment that is focused on the customer experience.

  • Just Salad leases space in Hudson Square

    New York — Just Salad has leased a 1,434 sq. ft. ground floor space at 325 Hudson Street, a 10-store, 240,000-sq.-ft. building in the heart of New York City’s Hudson Square.

    New Street Realty Advisors represented Just Salad in lease negotiations with landlord Jamestown Properties.

     

  • Jarden completes acquisition of Yankee Candle

    Rye, N.Y. -- Jarden Corporation, a global consumer products company, announced that it has completed its acquisition of Yankee Candle Investments LLC from a fund managed by Madison Dearborn Partners for approximately $1.75 billion in cash, subject to final working capital and other adjustments.

  • Mixed-Use at Work

    Mixed-use development works for trade areas where demand matches each use

    Different developers look at mixed-use in different ways. One developer will look for trade areas that provide solid demand for retail, residential, office and perhaps other uses. The goal is to create developments where no single use dominates the others.

    Still other developers gauge the demand for various uses and adjust the use offerings to match demand. In such cases, one use may dominate the center.

    The Trademark approach to demand

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