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Retail

  • CBRE negotiates sale of Carrollton Shopping Center

    Dallas -- CBRE’s Private Capital Group in Dallas has arranged the sale of Hebron Heights Shopping Center in Carrollton, Texas, for an undisclosed amount. The 59,356-sq.-ft. neighborhood shopping center occupies a 10-plus acre site at the corner of Hebron Parkway and Old Denton Road in northwest Dallas.

  • Report: Retail rent growth set to return

    Atlanta -- Jones Lang LaSalle Retail Group said that vacancy rates should fall far enough to enable some landlords in every U.S. market to demand slightly higher rents — at some point over the next six months.

  • J.C. Penney debuts new home department

    Plano, Texas -- J.C. Penney Co. on Thursday took the wraps off its highly anticipated new home department. More than 500 stores received a complete home department revamp, with updated flooring, accent lighting, custom fixturing and a widened pathway.

    The new department is made up of a collection of in-store shops for popular designers, including Michael Graves Design, MarthaHome, Happy Chic by Jonathan Adler, and Design by Conran. Each shop-has its own distinct look with a size range of about 300 to about 800 sq. ft.

  • Modest May for retailers

    New York -- Same-stores sales increased 3.2% in May, edging up from a 3% gain in April, according to a preliminary tally of 12 retailers by the International Council of Shopping Centers.  

    The number of retailers reporting same-store sales has dropped dramatically over the past two years, with major department store companies and discounters no longer reporting. Many specialty fashion chains are also following suit. Some experts caution that the results are now so limited they are not representative of the industry at large.

  • Royal Properties brings Heartland Brewery to historic train station

    Port Chester, N.Y. -- Royal Properties has leased 5,630 sq. ft. in the historic Port Chester, N.Y., train station to Heartland Brewery. According to Royal Properties, the lease will run for 20 years and offer a five-year option.

    Heartland will open a food hall and beer garden restaurant in the station, which was constructed in 1890. To be called Port Chester Hall, the restaurant will feature a 3,600-sq.-ft. outdoor area with seating for 85.

  • WindStar takes Papa Murphy’s to Lamar Crossing

    Arlington, Texas -- Papa Murphy’s has leased a 1,340-sq.-ft. space at Lamar Crossing Shopping Center in Arlington, Texas, according to WindStar Properties.

    The Take ‘N’ Bake pizza shop, which prepares fresh pizzas for customers to bake at home, has 1,350 shops in 38 states and ranks as the fifth largest pizza company in the United States.

     

  • Cabela’s to enter New York and Massachusetts

    Sidney, Neb. -- Cabela’s Inc. continues to expand East with plans to open its stores in the states of New York and Massachusetts.

    The hunting, fishing, camping and related outdoor merchandise retailer will open an 88,000-sq.-ft. store in the Buffalo suburb of Cheektowaga, N.Y., in fall 2014, and a similarly sized one in the Boston suburb of Berlin, in spring 2015. The exteriors of both locations will reflect Cabela’s signature log construction, stonework, wood siding, metal roofing and a large glass storefront.

  • Amazon launches marketplace site in India

    New York -- Amazon has launched an online shopping site in India, but, in line with the nation’s rules, it will only be able to service other retailers.

    The e-commerce giant has gone live with an e-commerce marketplace where local retailers can list books and DVDs under Amazon’s banner and use its delivery services to get them to buyers, according to The Financial Times. Amazon will start selling mobile phones and cameras within weeks.

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