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REAL ESTATE

  • Starbucks opens two flagships in Beijing

    Seattle -- Starbucks Coffee Company on Monday opened two flagship stores in Beijing, China. The new Beijing flagship stores were designed by members of the in-house Starbucks global design team and the local Starbucks China Design Studio, one of 18 international design offices worldwide. One store is a “coffee tribute” store at Kerry Center and one is an “eclectic chic” 24-hour store in the Taikoo Li Sanlitun district.

  • Dunkin’ Brands plans 17 new Dunkin’ Donuts stores in Texas

    Canton, Mass. – Dunkin’ Brands plans to open 17 new franchise Dunkin’ Donuts stores in west and central Texas in the next several years.

  • A&G Realty brings in senior managing director

    Melville, N.Y. — Mike Matlat has joined A&G Realty Partners as senior managing director in the Melville, N.Y., office. Matlat comes to A&G from DJM Realty, bringing 20 years of real estate expertise in managing special non-retail projects.

    In his new role, Matlat will expand A&G’s real estate advisory services into the hospitality, industrial and residential sectors. He has achieved more than $500 million in sales of warehouse, industrial, hospitality and residential space.

     

  • Kay Jewelers opens at Plymouth Meeting Mall

    Plymouth Meeting, Pa. — Kay Jewelers has opened a 1,400-sq.-ft. store at Plymouth Meeting Mall on the second level, just inside the mall nearest the restaurant plaza entrance.

    Owned, managed and leased by Pennsylvania Real Estate Investment Trust www.preit.com, the mall is anchored by Macy’s, Boscov’s and Whole Foods Market and Café.

    Uncle Julio’s Fine Mexican Food Restaurant will also open at Plymouth Meeting Mall during the 2013 holiday season.

     

  • Burlington is coming to Northgate Mall

    Chattanooga, Tenn. — CBL & Associates Properties, Inc has announced that Burlington Coat Factory will locate its first and only store in Chattanooga at Northgate Mall. The new 63,000-sq.-ft store will stand between Sears and J.C. Penney. Shoppers will enter from the mall and from outside from the east parking lot.

    Several stores will relocate to accommodate the redevelopment. Plans call for construction to begin in January with the grand opening scheduled for October 2014.

  • Report: Projects show Detroit retail development demand

    Detroit – Despite the widely reported financial troubles the Detroit area is facing, four current development projects demonstrate there is demand for new retail stores and restaurants in the city.

    According to an article in Crain’s Detroit Business, all four projects are taking place near the Oakland Mall at the intersection of 14 Mile and John R. roads. Chicago-based Urban Retail Properties is reportedly developing Qdoba Mexican Grill and Starbucks locations off 14 Mile Road that will open later this fall.

  • Cole acquires part of Evergreen Marketplace

    Evergreen Park, Ill. — Cole Real Estate Investments has acquired a 49,225-sq.-ft. portion of the 450,000-sq.-ft. Evergreen Marketplace in Evergreen Park, Ill., for $9.9 million. Mid-America Real Estate Corporation represented the seller, Sterling Bay Companies.

    The center is located just north of the northwest corner of Western Avenue & 95th Street in the near Chicago suburb of Evergreen Park. Meijer, Menards, Michaels and Ross Dress for Less. Cole purchased the portion featuring Michaels and Ross.

     

  • Maui Wowi Hawaiian opens Peoria shop

    Greenwood Village, Colo. — Maui Wowi Hawaiian plans to open a shop in Northwoods Mall in Peoria, Ill. Slated to open in early October, the new Maui Wowi franchise shop will continue the brand’s expansion in Illinois.

    Maui Wowi currently has more than 450 operating units in seven countries.

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