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REAL ESTATE

  • Bar Louie opens new location in Arlington, Texas

    Dallas — Bar Louie has opened a new location in south Arlington, Texas. It will be the brand’s second north Texas location.

    The grand opening will host a four-day blowout bash starting Oct.17. In addition to $2 signature martinis, Bar Louie will offer all guests a free appetizer or flatbread just for stopping by.

     

  • Nordstrom Rack to open in Dublin, Calif., in 2015

    Seattle -- Nordstrom plans to open a Nordstrom Rack at the Village at Dublin in Dublin, Calif. The approximately 35,000-sq.-ft. store is scheduled to open in fall 2015. The center is being developed by Regency Centers Corp.

  • Art Van Furniture opening in Fort Wayne, Ind.

    Warren, Mich. — Art Van Furniture has announced the opening of a 46,000-sq.-ft. store in Fort Wayne, Ind., across the street from the Glen brook Mall in January.

    With 50 stores across Michigan, Ohio, and Illinois, Art Van Furniture is the Midwest’s largest furniture retailer.

  • JLL hiring in Austin

    Austin, TexasJones Lang LaSalle has hired Todd Wallace and Robert O’Farrell to lead its retail brokerage practice in Austin, Texas. Wallace joins the firm as an executive VP and O’Farrell will serve as a senior VP.

    “We’re committed to growing our local market retail practice in key hubs around the United States,” said Greg Maloney, president and CEO of Retail, Jones Lang LaSalle.

  • Levin: Retail leasing remains strong through summer

    North Plainfield, N.J. — Retail leasing activity remained strong through the spring and summer months of 2013, according to Levin Management, which reports more than 295,000 sq. ft. of renewals and transactions from Easter through Labor Day. The company’s portfolio includes 90 properties totaling 12.5 million sq. ft. of space in New Jersey, New York, Pennsylvania, Virginia and North Carolina.

  • Savills and SRS Real Estate form alliance

    Dallas — Savills, a global real estate services provider listed on the London Stock Exchange, has announced the formation of a strategic alliance with SRS Real Estate Partners — the largest real estate firm exclusively dedicated to servicing retail clients in the U.S.

    The alliance will act as a bridge between U.S. and U.K. markets and provide Savills’ and SRS’s retail clients access to expert advise about growing internationally

  • Stein Mart plans six store openings

    Jacksonville, Fla. -- Stein Mart is expanding its presence this fall with four new stores and two relocated stores. The new stores are located in El Paso, Texas; Buford (Atlanta), Ga.; Elk Grove (Sacramento), Calif.; and Watchung, N.J.

  • Ross adds 24 new locations to existing 1,130 stores

    Pleasanton, Calif. — Ross Dress for Less opened 24 new locations last Friday, on Oct. 11. The openings complete the retailer’s 2013 expansion plan to open 65 new locations this year.

    The new store openings bring the total of Ross stores to 1,154. Four of the new Ross stores opened in Illinois, three in Missouri and one in Indiana, as the retailer continues its growth in new markets it has entered over the past two years.

     

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