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Large Chains

  • Publix to co-anchor Steele Creek Crossing

    Charlotte, N.C. --Westwood Financial Corp. announced that Publix Super Markets has now opened as the new anchor tenant at Steele Creek Crossing in Charlotte, N.C. This lease marks one of seven Bi-Lo locations Publix has taken over in the Charlotte area.

  • Delhaize bails on Bottom Dollar

    ALDI is accelerating its growth and dramatically increasing its presence in the Northeast with the acquisition of 66 Bottom Dollar Food stores from Delhaize Group.

    Delhaize said it reached an agreement to sell its 66 Bottom Dollar stores in the greater Philadelphia and Pittsburgh markets for $15 million and associated lease liabilities. Delhaize said it would take an asset impairment charge of $180 million in conjunction with the sale.

  • Texas gets its 80th Sam’s Club

    The Houston suburb of Richmond is home to Sam’s Club’s 80th location in Texas following the opening of a new unit there on Thursday, Nov. 6.

    Sam’s Club now operates 20 clubs in the sprawling Houston market and the 80 clubs the retailer operates in Texas account for more than 12% of the 643 Sam’s Clubs in operation nationwide as of September 30.

  • CBRE arranges Plano retail center sale

    Dallas -- CBRE Capital Markets’ Retail Investment Properties team announced the sale of Towne Square Shopping Center in Plano, Texas. Dallas-based Norman J. Hoppenstein purchased the retail center from an undisclosed seller.  

  • UCR Investment Sales closes on sale of Arlington Park Square

    Arlington, Texas -- UCR Investment Sales, a division of UCR, announced the sale of Arlington Park Square, a 94,125-sq.-ft. value-add specialty retail center located in Arlington, Texas.   

  • Fred’s promotes CFO to CEO

    Memphis, Tenn. -- Fred's Inc. named Jerry Shore as its next CEO. Shore has served as the company's executive VP and CFO for more than 14 years. He assumed the additional title of COO in Jan. 2014.   Shore's promotion follows follows notification by current CEO Bruce A. Efird of his intention to leave Fred’s upon the expiration of his contract.   

  • PizzaRev plans 40-plus franchise stores in five new markets

    Los Angeles -- PizzaRev, a fast-casual build-your-own pizza concept, is adding five franchise groups to develop the brand throughout Denver, Washington D.C., Las Vegas, Long Island, New York and Columbus, Ohio. PizzaRev plans to open at least 40 franchise locations across the markets.   Beyond its 12 corporate locations in greater Los Angeles, PizzaRev currently operates franchise locations across four states.  

  • Avison Young executes sale of Lindbergh Crossing in Atlanta

    Atlanta –- Commercial real estate services firm Avison Young has completed the $7.06 million sale of Lindbergh Crossing, a 27,057-sq.-ft., fully-leased shopping center in Atlanta. The team enabled the seller, Lindbergh Crossing, LLC, to harvest a significant gain on the property within a relatively short holding period.  

  • Dunkin’ Donuts plans 40 new Michigan stores

    Canton, Mass. –- Dunkin’ Donuts plans to open 40 new restaurants in Michigan during the next several years, in addition to more than 60 currently operating in the state. The retailer continues to recruit franchise candidates there with an emphasis on Flint, Lansing and Traverse City.    

  • Fast-growing Love’s Travel Stops supports store growth with SAP

    Oklahoma City, Okla. –- With plans to open 28 stores by the end of 2014, 30 or more new stores during 2015 and 50-plus stores every year thereafter, the 300-plus-unit convenience and fuel chain Love’s Travel Stops & Country Stores needs a robust platform. As Love’s executives explained during a session at the recent SAP Retail Forum in New York, the retailer is turning to SAP to provide that platform.  
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