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REAL ESTATE

  • Modell’s to open in Arlington, Va.

    New York -- Modell’s Sporting Goods will celebrate the grand opening of its store in Arlington, Va., on May 9.
       
    The store is located in Pentagon Centre. With its opening, Modell’s will have a total of 154 storefronts.
     
    “We are thrilled to have our 18th store in the Virginia-Maryland area,” said Modell’s president and CEO Mitchell Modell. “We look forward to becoming a stronghold in our new community and getting them everything they need for the summer.”
     

  • Taubman’s Michigan shopping centers designated ‘stormready’

    Bloomfield Hills, Mich. -- Taubman said that all four of its shopping centers in the state of Michigan -- Fairlane Town Center, Great Lakes Crossing Outlets, The Mall at Partridge Creek and Twelve Oaks Mall – have received StormReady designation from the National Weather Service, a component of the National Oceanic and Atmospheric Administration.

  • E-commerce brand Bonobos to make offline debut in NYC

    New York -- RKF has arranged a 1,500-sq.-ft. lease at 35 Crosby Street in SoHo for men’s e-commerce apparel brand Bonobos, which will open its first stand-alone Guideshop location in New York City.

    Bonobos currently operates five other brick-and-mortar locations elsewhere.

    In the cast iron district of SoHo, the retailer will operate in 1,000 sq. ft. on the ground floor and 500 sq. ft. on the lower level of the seven-story building. The new store is slated to open in mid-May.

     

  • Kite Realty announces new leases

    Cary, N.C. -- Indianapolis-based Kite Realty Group announced that Petco has leased 12,500 sq. ft. at Parkside Town Commons, located in Cary, N.C.
     
    As well, Total Wine & More has leased 23,890 sq. ft. at International Speedway Square, in Daytona Beach, Fla.

     

  • Divaris completes 50,000-plus sq. ft. in leases in Virginia

    Virginia Beach, Va. -- Divaris Real Estate has announced the completion of several leases for retail space in Virginia Beach, Norfolk and Richmond, Va.  
     
    The first lease was signed with O’Reilly Auto Parts for 12,608 sq. ft. in a former Rite Aid pharmacy located in Norfolk.  O’Reilly operates 13 other stores in Hampton Roads.
     

  • Target opens 24 stores in Western Canada in May

    Mississauga, Ontario -- Target announced the soft opening dates for 24 locations in Western Canada, with 22 stores opening on May 7 and two  opening on May 14.

    The openings, which include stores in British Columbia, Alberta and Manitoba, follow the opening of 24 stores across Ontario. As previously announced, Target plans to open 124 stores across Canada throughout 2013.

  • Golfsmith enters South Carolina

    Columbia, S.C. -- Golfsmith International is opening its first South Carolina store, in the state capital of Columbia, with a grand opening celebration on May 3 to May 5.
       
    The 23,500-sq.-ft. store is part of Golfsmith's aggressive growth strategy in the Carolinas. Adding to its current Raleigh location, the company recently expanded with new stores in Charlotte and Greensboro — with another new store opening in Myrtle Beach later this spring.

  • Walgreens opens Boston flagship

    Deerfield, Ill. -- Walgreens on Wednesday will celebrate the official opening of its latest flagship, located at School and Washington streets in Boston. The store is located in an old Borders store.
     

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