REAL ESTATE

New York -- Fountain Capital and Cheney & Mathes Properties have announced through their partnership, Fountain Mathes I, that they have acquired a 450,000-sq.-ft. portfolio of retail shopping centers with 16 properties in 10 states. Each center is shadow-anchored by Wal-Mart projects.

The centers largely contain national credit tenants such as AT&T, Cato, Dollar Tree, GameStop, Hibbett Sports, Payless and Shoe Show. The portfolio is 95% occupied.

Pittsburgh – Dick’s Sporting Goods opens five new stores across the U.S. on Nov. 8. The stores will be located in Dover, Del., Palm Desert, Calif., West Des Moines, Iowa, Sioux Falls, S.D., and Findlay, Ohio.

Dick’s will operate a total of 554 stores in the U.S. upon opening the five new stores. The Sioux Falls store will be the chain’s first store in South Dakota. This total will include three in Delaware, 32 in California, five in Iowa, and 38 in Ohio.

San Diego — Petco has opened its first store in Mexico and announced plans for continued expansion in Mexico and Latin America through a joint venture with Grupo Gigante of Mexico.

The companies plan to open as many as 50 Petco stores in Mexico and Latin America by 2020.

New York — GRK Fresh, a fast-casual Greek restaurant located at 111 Fulton Street, has signed a lease for its second Manhattan location at 451 Lexington Avenue in the Grand Central area. The new GRK Fresh will span 2,150 sq. ft.

Winick Realty Group represented GRK Fresh in its search for a Midtown location. CBRE Group represented the landlord — Landlord Regency Development.

Pittsburgh – Dick’s Sporting Goods will open a new store at Towne Center in Batavia, N.Y., on Nov. 1.

The Batavia location will be the retailer's 37th store in the state of New York and its 548th nationwide.
 

Woodland Hills, Calif. — GrowLife has announced the opening of its seventh store in Santa Rosa, Calif., on Oct. 25.

GrowLife Hydroponics operates in the legal cannabis industry with online and brick-and-mortar stores.

San Diego – Petco has opened its first store in Mexico and announced plans for continued expansion in Mexico and Latin America through a previously announced joint venture with Grupo Gigante of Mexico. Together, the companies plan to open as many as 50 Petco stores in Mexico and Latin America by 2020.

Winston-Salem, N.C. — Krispy Kreme has announced the grand opening of a new Doughnut Factory in Doraville, Ga., for Oct. 29. The first 100 guests in line will receive free doughnuts for a year and commemorative T-shirts. The newly constructed, freestanding 2,300-sq.-ft. store includes a drive-through.

Today, Krispy Kreme operates more than 785 locations in 22 countries around the world.