Skip to main content

REAL ESTATE

  • Wal-Mart drops ambitious expansion plans for India

    New York -- Wal-Mart Stores has put its ambitious expansion plans in India on hold indefinitely. The discounter and its joint venture partner in India, Bharti Enterprises, are parting ways after six years, the companies announced.

  • CBRE: U.S. CRE continued to recover during Q3

    Los Angeles — The U.S. commercial real estate market continued a slow, but steady, recovery in the third quarter of 2013, according to the latest analysis from CBRE Group.

    In the quarter, the retail availability rate declined 10 basis points to 12.2% and had fallen 70 basis points from one year ago.

  • Family Dollar opens 8,000th store

    Matthews, N.C. -- Family Dollar hit a major milestone in its history on Thursday as the company opened its 8,000th store, in Lancaster, S.C.  

  • Simon reopens Shops at Nanuet in N.Y.

    Indianapolis — Simon Property Group has announced the grand re-opening of the redeveloped The Shops at Nanuet, a 750,000-sq.-ft. open-air main street center in Rockland County, N.Y.

    With the re-opening, three new anchors are making a debut: Fairway Market, open now, Regal Cinemas, opening in November, and 24-Hour Fitness, opening in December. They will join existing anchors Macy’s and Sears at the property.

  • New dining and retail leases for Miracle Mile Shops

    Las Vegas — Miracle Mile Shops at Planet Hollywood resort & Casino has announced the opening of four new restaurants and retailers.

    Meatball Spot will bring its Italian cuisine to Miracle Mile Shops this winter. Ketchup Premium Burger Bar will open its doors in November. Tervis will follow in December. Shoe Palace plans to open in February 2014.

    Miracle Mile Shops is a 1.2 mile retail/entertainment complex at the heart of the Las Vegas Strip. It features 170 specialty stores, 15 restaurants and live entertainment venues.

  • Palmetto Gardens pays off loan, avoids foreclosure, signs Wal-Mart

    Miami Gardens, Fla. — The owners of Palmetto Gardens Plaza, a 7.1-acre center in Miami Gardens, have reached a settlement with PNC Bank, secured a new loan with Hudson Financial Services and signed a lease with Wal-Mart for a Neighborhood Market Store as its anchor tenant.

    In January of 2010, PNC Bank filed a foreclosure action against Palmetto Design Center, the property owner. That action has been settled.

  • Silver Jeans to debut ‘Loft’ concept at Glendale Galleria

    Winnipeg, Manitoba -- Canadian denim company Silver Jeans Co. said it will open its "loft" concept store at Glendale Galleria on Nov. 2 in Glendale, Calif.

    "We put a lot of work into making sure the store environment represents our brand," says Michael Silver, CEO, Silver Jeans Co. “We've created an environment that has a comfortable modern feeling but also lets our guests know that we're a historic brand with a rich 92-year history."

  • Five new retailers to The Shoppes at Chino Hills

    Chino Hills, Calif. — The Shoppes at Chino Hills, a 380,000-sq.-ft. community and lifestyle center in Chino Hills, Calif., has announced leases with five new retailers.

    DB Shoes has opened its first Inland Empire store in a 6,100-sq.-ft. space next to Aeropostale.

    Another Inland Empire first is The Kickin’ Crab, set to open in the spring of 2014.

    Originally an online business, Kid’s Wonderland recently opened its first brick-and-mortar retail location at Chino Hills.

X
This ad will auto-close in 10 seconds