Convenience Stores

Dallas -- Corner Bakery Cafe rounded out 2013 with a multi-unit restaurant development agreement and plans to open eight new restaurants in the Sacramento area with new franchise partner East Bay Restaurants, Pleasanton, Calif.

East Bay Restaurants, which owns and operates 48 Burger King and seven Taco Bell restaurants, plans to open its first cafe in 2014 and the remaining sites over the next five years.

Hershey is launching a new line of chocolate spreads, called Hershey's Spreads. The spreads will be available in three varieties: Chocolate, Chocolate with Almond and Chocolate with Hazelnut.

Minneapolis – Target plans to open a new store in Liberty Township, Ohio, in October 2014. The 130,000-sq.-ft. store will offer a selection of fresh produce, fresh packaged meat and pre-packaged baked goods, as well as a Starbucks and a Target Pharmacy.

New York -- Target Corp. has signed a lease to open a 20,000-sq.-ft. location in Minneapolis that will serve as a test of a new format called TargetExpress, the New York Times reported. The new unit, considerably smaller than CityTarget’s 80,000- to 125,000-sq.-ft. footprint, would be the chain’s smallest store to date.

Washington, D.C. — The Fairfax County Board of Supervisors has approved the rezoning application for Combined Properties’ Penn Da Plaza in Alexandria, Va. The project will completely redevelop the current retail center and replace it with a mixed-use project containing up to 400 new apartments, 41 townhomes and 35,000 to 45,000 sq. ft. of community retail. Combined Properties plans to anchor the retail component with a specialty grocer.

Canton, Mass. - Dunkin' Brands Group, Inc., the parent company of Dunkin' Donuts and Baskin-Robbins, has entered a multi-year marketing partnership with Liverpool Football Club (FC) to support global expansion of the Dunkin' Donuts and Baskin-Robbins brands. Under the agreement, Dunkin' Donuts will become the official coffee, tea and bakery partner for Liverpool FC, and Baskin-Robbins will become the official ice cream partner.

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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.