Convenience Stores

Oakbrook Terrace, Ill. — Inland Real Estate Corp. has acquired the 227,540-sq.-ft. Goldenrod Marketplace in Orlando, Fla., for $20 million. The initial payment will be approximately $16 million, with the balance to be funded based on future tenant occupancy.

Mid-America Real Estate Corporation’s Investment Sales team brokered the sale in cooperation with The Shopping Center Group brokered the sale on behalf of a private development group.

Purchase, N.Y. — Visionworks has taken 3,100 sq. ft. at Northampton Crossings in Easton, Pa., bringing the property up to 100% leased, according to National Realty & Development Corp., the center’s owner.

NRDC also noted that existing tenants Regis Hair Salon and Chrin’s Cleaners have extended their Northampton Crossings leases.

A Wal-Mart Supercenter, Regal Cinemas, Sam’s Club and Hobby Lobby anchor the 622,000-sq.-ft. power-center.

Los Angeles — PizzaRev has signed agreements with four franchisee groups covering territory in five states. The deals will lead to the opening of new units in San Diego and Orange counties in California plus Utah, Nebraska, North Dakota and South Dakota. Here are brief profiles of each group:

Christine Day is going from CEO of Lululemon to CEO of healthy food brand Luvo.

"Christine's unbridled passion for retailing and consumer insight adds an important component to elevate Luvo into the consumer mainstream," said Luvo founder and president Stephen Sidwell. "We look forward to Christine's guidance for the brand, helping Luvo take the lead in the national movement that delicious, nutrient-dense food can be affordable, convenient and easily accessible."

By Mark Bower, VP, Voltage Security

Almost seven-in-10 consumers surveyed expect to make more money, save more money and afford things they need in 2014, according to RetailMeNot’s 2014 Shoppers Trend Forecast. 

Duluth, Ga. -- Love’s Travel Stops & Country Stores has selected NCR Corp. to install NCR point-of-sale software and technology in its more than 300 locations across 39 states.

Traditionally, Love’s has replaced a quarter of their POS devices each year. But the retailer decided a complete refresh of 1,800 devices to solid state technology with greater processing power and screen size, gives them an immediate ability to create a better customer experience across their footprint.
 

Tucson, Ariz. — Big-box retail space in Tucson, Ariz., has been leasing up, with the highest demand focused in core regional mall hubs. Big-box spaces in peripheral areas of the city remain vacant.

In the Park Place Mall area, for instance, big box properties are nearly fully leased, with some saying the area is ripe for redevelopment to accommodate future demand.