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Retail Execution

  • Ulta announces two new store openings

    New York City -- Centro Properties Group announced the recent lease execution for two Ulta stores; an 11,000-sq.-ft. store will be joining Lakes Crossing, located in Muskegon, Mich., and a 10,895-sq.-ft. store will open at Florence Square, directly across from Florence Mall in Florence, Ky.

    New York City-based Centro Properties Group owns both shopping centers.
     

  • Visionworks signs four new leases

    Plymouth Meeting, Pa. -- Fameco Real Estate, L.P. announced that Visionworks, a division of Eye Care Centers of America, has signed four new leases in the Central Pennsylvania region as part of its store roll-out campaign.

    Each of the new stores is slated to open in late summer 2011. The stores will be located at The Viewmont Mall in Dickson City, Silver Spring Shopping Center in West Harrisburg, Mill Creek Shopping Center in Lancaster and Delco Plaza in York.
     

  • Gold Max opening 100 locations in California

    Tustin, Calif. -- Gold Max of California announced that is on track to open 100 Gold Max stores in Southern California within the next year.

    With more than 150 stores, Gold Max operates the United States’ largest chain of stores specializing in buying gold and precious metals from consumers. Gold Max entered the Southern California market in the fall of 2010 and opened eight stores.

  • Marcus & Millichap announces promotion

    Atlanta -- Marcus & Millichap Real Estate Investment Services said it has promoted James C. “Chris” Rea to senior VP investments.

    Rea began his career with Marcus & Millichap in September 1995, specializing in the sale of retail properties. Most recently, he held the position of first VP investments.
     

  • Just Fitness to open in Spring Creek Village

    Dallas -- The Commercial Retail Division of The Weitzman Group said that Just Fitness 4 U has leased 18,900 sq. ft. of anchor space in Spring Creek Village for the chain’s sixth Dallas-Fort Worth location.

    Just Fitness 4 U, which currently operates locations in Dallas, Carrollton, Mesquite, Plano and Hurst, also operates in several national markets, including Atlanta and Salt Lake City. The Weitzman Group is representing the fitness chain on its Dallas-Ft. Worth expansion.

  • New leader named at Sears Canada

    TORONTO — Sears Canada has announced the appointment of Calvin McDonald as its president and CEO, effective immediately. McDonald most recently served as EVP, conventional division of Loblaw Companies Limited. He will succeed Dene Rogers, who has served as president and CEO of Sears Canada since 2006.

  • GNC president resigns company

    Pittsburgh -- GNC Holdings announced Monday that its president and chief merchandising and marketing officer Beth Kaplan has resigned the company.

    After three-and-a-half years in the position, Kaplan cited a desire to pursue personal interests as reason for the departure. She will also resign as a director of the company.

    Joe Fortunato, CEO, will reassume the title of president of GNC.

    In related news, Amy B. Lane has joined GNC Holdings’ board of directors, replacing Kaplan.

  • Westside Market to open in Manhattan

    New York City -- New York City-based Winick Realty announced that Westside Market has leased its fourth Manhattan location at 2589 Broadway, between 97th and 98th Streets on the Upper West Side.

    The 46-year-old family-owned food market and caterer took a total of 15,607 sq. ft., including 8,607 sq. ft. on the ground floor and 7,000 sq. ft. on the lower level. It currently runs two additional Upper West Side locations, as well as one in Chelsea.

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