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Logistics

  • Retail imports up 6.5% in October

    Washington, D.C. -- Import volume at the nation’s major retail container ports grew 6.5% in October over the same month last year despite the government shutdown, and year-over-year increases are expected to continue for the remainder of the year, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

  • Retail imports increase in October

    Import volume at the nation’s major retail container ports grew 6.5% in October over the same month last year despite the government shutdown. Year-over-year increases are expected to continue for the remainder of the year, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

  • Retro Fitness and Chipotle sign at West Orange Plaza

    West Orange, N.J. — Retro Fitness and Chipotle have signed long-term leases at West Orange Plaza in West Orange, N.J., according to Levin Management, which represented the landlord in the transaction.

    Retro Fitness took 14,115 sq. ft. and was represented by Katz & Associates. Represented by Winick Realty Group, Chipotle leased 2,557 sq. ft.

  • Amazon to deliver Sundays

    Amazon.com is working with the U.S. Postal Service to deliver packages on Sunday, starting in the Los Angeles and New York metropolitan areas, and plans to roll out the service to a large portion of the U.S. population, including Dallas, Houston, New Orleans and Phoenix, in 2014.

    Amazon Prime members, who receive unlimited, free two-day shipping, are eligible for the service.

  • Amazon teams up with U.S. Postal Service for Sunday deliveries

    New York -- Amazon is teaming up with the U.S. Postal Service to deliver packages on Sunday, with the service starting this week in the Los Angeles and New York metro areas. The online giant plans to roll out the service to additional markets, including Dallas, Houston, New Orleans, and Phoenix, in 2014.

    Amazon Prime members, who receive unlimited, free two-day shipping, are eligible for the service.

  • Kroger to invest $150 million in Dallas expansion

    Dallas -- During the next 24 months, Kroger will invest $150 million in North Texas to build five new Marketplace stores and to expand three locations, along with opening multiple fuel centers and remodeling existing properties. The growth initiative will create more than 1,700 full- and part-time career opportunities that offer competitive pay, healthcare plans, retirement options, product discounts and other incentives.

  • CBRE arranges financing for $41.6 million portfolio

    Dallas — CBRE Capital Markets arranged financing for the acquisition of a portfolio of 16 shopping centers totaling approximately 417,000 sq. ft. Located across the country, each of the 16 strip centers is adjacent to a Wal-Mart Supercenter shadow anchor. CBRE worked on behalf of the borrower, a partnership between Dallas-based Fountain Capital and Cheney & Mathes Properties, to obtain a 10-year, $41.6 million fixed-rate, non-recourse loan through the Goldman Sachs Mortgage Co.

  • Kroger expands footprint

    Kroger is expanding its presence in one of the nation’s most competitive retail markets.

    The grocery retailer plans to open five new Marketplace stores and expand the size of three existing locations in North Texas in the next two years — a capital investment of $150 million. The company also plans to open multiple fuel centers and remodel existing properties. The growth initiative will create more than 1,700 full- and part-time career opportunities that offer competitive pay, healthcare plans, retirement options, product discounts and other incentives.

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