REAL ESTATE

Chicken Salad Chick sees 500 stores by end of 2025; targets Midwest for growth

Chicken Salad Chick is setting its sights on the Midwest as it continues its rapid expansion.
Macerich sells Tucson center to fuel its town center strategy with $100 million

Macerich, one of the top 20 owners of retail real estate in the U.S., has sold La Encatada, a high-end specialty center in Tucson for $165 million, generating $100 million in liquidity.

Amazon opens first fulfillment center in North Dakota

Amazon is adding to its supply chain infrastructure in the Peace Garden State.
Phillips Edison sells California center

Phillips Edison & Company, one of the nation’s leading owner-operator of neighborhood centers, has sold Atwater Marketplace in Atwater, Calif. For an undisclosed price to a private investor.
Camp hires former HBO marketing chief; plans to ramp up expansion

Camp has brought on a marketing veteran to help lead it into the next phase of growth.
First Look: American Dream opens its 300,000-sq.-ft. luxury retail wing

The Avenue, American Dream’s long-awaited, art-bedecked luxury wing opened September 17 with the world’s largest Hermés store and New Jersey’s only Saks Fifth Avenue among its tenants.
Dayton’s project developer retakes control of the historic Minneapolis property

The Dayton's Project in downtown Minneapolis is back in the hands of its original developer.
Sears’ last store in its home state to close

It will soon be lights out for the last Sears store in Illinois.
First Look: Primark opens store in downtown Philadelphia

Primark continues to expand its U.S. footprint.
Burlington opens second store in Kalamazoo metro

Burlington Stores has signed at Maple Hill Pavilion in Kalamazoo, Mich., and plans to open there this fall. It’s Burlington’s second story in that metro, the other being located in Portage, Mich.
Canadian intimates brand Knix to open stores in the U.S.

Knix is set to open its first locations in the United States.
Dutch Bros. goes public with big expansion plans

Dutch Bros. Inc. made its public debut Wednesday, after its initial public offering came in well above expectations.
Tropical Smoothie Cafe in store milestone

Tropical Smoothie Cafe is moving closer to its goal.
Art and commerce meet in Westfield’s can-petition

This major mall owner invited suppliers and allied businesses to erect sculptures in its malls.

News and analysis on retail related real estate, including deals, center development and tenant updates.