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REAL ESTATE

  • Target to open three pilot stores in Canada on March 5

    Mississauga, Ontario -- Target announced that it is opening three pilot stores in Ontario on March 5 at Stone Road in Guelph, Milton Mall Shopping Centre in Milton and Gates of Fergus in Fergus. The three pilot stores are the first Target locations to open in Canada, and the first of 124 Target stores that will open across the country throughout 2013.
     

  • Chevy Chase Land Co. names exec

    Chevy Chase, Md. -- Chevy Chase Land Co. announced that Lucy Fraser has been named VP of asset management for the company.

    Fraser previously served as VP of property management for Combined Properties.

     

  • Clarion Partners awards JLL leasing, management of Coral Sky Plaza

    Royal Palm Beach, Fla. -- Jones Lang LaSalle Retail announced that the firm has been retained by Clarion Partners as the exclusive leasing and management agent for Coral Sky Plaza in Royal Palm Beach, Fla.

    The 233,000-sq.-ft. strip center is anchored by BJ’s Wholesale Club and is currently 97% leased.

    Coral Sky Plaza is tenanted by Ross Dress for Less, Bed Bath & Beyond, Buy Buy Baby and BJ’s Wholesale Club. Jones Lang LaSalle said it is currently seeking high-impact retailers to fill a vacant endcap space.

     

  • LandMark Retail Group opens trio of CVS stores

    San Francisco -- LandMark Retail Group said it has opened three CVS/pharmacy stores in San Francisco on behalf of the drugstore retailer.  

    Over the past year, the firm has completed 13 CVS stores throughout California with plans to open four more this year.

    The first CVS/pharmacy store is located at 351 California St., occupying a ground-level retail space in a San Francisco financial district office building. It features 9,009 sq. ft., and opened after five months of construction.
     

  • NAI MLG Commercial names VPs

    Milwaukee -- NAI MLG Commercial announced that Tim Janusz and Brett Garceau have been promoted to VP.

    Janusz specializes in office landlord and tenant representation, and Garceau specializes in the lease and sale of industrial properties.

     

  • Trademark Property unveils new look, new location

    Fort Worth, Texas -- Trademark Property announced that it has unveiled a new logo, corporate office and website as part of its 20-year anniversary.

    On Feb. 4, the company moved into a new corporate office located in the River Plaza office building, part of Trademark’s WestBend mixed-use development in Fort Worth.  In addition, a new, more digital- friendly logo is being introduced along with new website to better reflect Trademark’s ever-changing and dynamic business.

  • New tenants bring Shoppes of Madison to 98% occupancy

    Madison, Ala. -- Brentwood, Tenn.-based GBT Realty announced that several new tenants bring its Shoppes of Madison property to near 100% occupied.

    Moe’s Southwest Grill will join the new shopping center, along with Buenavista Mexican Cantina, which will open a 7,220-sq.-ft. restaurant on a 1.55-acre outparcel.

    The Target-anchored Shoppes of Madison also features Ross, Petco, Kinnucan’s, and numerous junior anchors and small shops. The 28-acre center, which opened in 2012, was developed and leased by GBT Realty Corp.

  • American Eagle opens in the Philippines

    Pittsburgh -- American Eagle Outfitters said Friday that its first Philippines store opened on March 1, at Bonifacio High Street in Taguig City, Manila.  
     
    The retailer said that additional stores are planned in 2013 throughout the country, operated by franchise partner Suyen Corp.

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