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REAL ESTATE

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

Kirkland’s

Kirkland’s looks to ‘right size’ store base; makes exec changes

Kirkland’s is closing some stores as part of a larger streamlining effort to transform its business to a more profitable model. 

Lord & Taylor store

Big changes due at Westfield Annapolis

Unibail-Rodamco-Westfield has announced the scheduling of major changes to be made at its Westfield Annapolis mall located between Baltimore and Washington, D.C. The long-vacated 110,000-sq.-ft.

7-eleven

7-Eleven is expanding its holdings in Oklahoma.

wired store

A leading technology media brand has put down retail roots. 

Sportsman's Warehouse Holdings is expanding into a new market.

A major mall operator is accepting returns of online purchases at more locations.

Starbucks Corp. is expanding its commitment to operating stores in underserved urban and rural areas.

Bose store

High-end audio equipment maker Bose plans to dramatically reduce its brick-and-mortar footprint.

Tropical Smoothie Café

Tropical Smoothie Café had record growth in 2019 and it’s nowhere near being finished.

Area15 in Las Vegas

Area15, set to open in Las Vegas in April, describes itself as an “edgy, interactive, trend-ahead mall and performance complex that blurs the line between fantasy and reality.”

PGA Tour Superstore

PGA Tour Superstore is adding more locations to its expanding store portfolio.

Promenade Shops at Evergreen Walk

Getting off the South Windsor exit of I-84, it’s clear you have landed in Retail Central in the eastern suburbs of Hartford.

Ikea

Ikea’s $5.8 billion initiative to open smaller format “city centre” stores to get closer to shoppers in dense urban areas is landing in London.

chicago

Michigan-based Farbman Group has launched FarbNet, a new Chicago brokerage focused on selling net lease assets.

esports

A fast-growing sporting activity watched and played around the world is putting down roots in the largest shopping destination in the Southeast. 

new wawa store format

Wawa has gone small.

ny & co

RTW Retailwinds, whose portfolio includes the New York & Company and Fashion to Figure businesses, is taking action after a disappointing holiday season.

store rendering

The dragon has landed — at least for the time being.

The planned Harry Potter-themed “Wizarding World” experiential retail store in Manhattan’s Flatiron District may be dragon-less — at least on the exterior.

For more than 100 years, Rockingham Park in this New Hampshire town just 30 miles from Boston, served as the metropolitan area’s premier racetrack.

It’Sugar

The long-delayed and now partially-open American Dream retail and entertainment mega-center has apparently not had trouble attracting tenants.

Pier 1 storefront

Pier 1 Imports is significantly reducing the size of its store portfolio and corporate headcount as it seeks to cut costs and turnaround its ailing operations.

Bed Bath & Beyond

Bed Bath & Beyond Inc. has entered into an agreement to sell approximately half its real estate as it looks to generate capital. 

MAcy's exterior

Macy’s is closing a store in its hometown.

Westfield Topanga

One of Unibail-Rodamco-Westfield’s signature California properties will be getting a new grand entrance and a chef-driven food hall where its Sears store once stood.

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