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REAL ESTATE

  • Starbucks ramping up Southeast Asia growth with 200 stores in four years

    Seattle -- Starbucks Coffee Company reaffirmed its commitment to accelerate growth in Southeast Asia, announcing plans to open 100 stores in Indonesia over the next three years and another 100 stores in the Philippines over the next four years.

    Starbucks entered Southeast Asia in 1996 with its first store in Singapore. The company currently operates more than 700 stores across six countries, including Indonesia, Malaysia, the Philippines, Singapore, Thailand and, most recently, Vietnam.

  • DDR acquires $81 million in assets, including Dallas power center

    Beachwood, Ohio -- DDR Corp. announced Monday that, during the first quarter, it acquired two prime assets in Dallas and in Oakland, Calif., for $81 million.

    Also during the quarter, DDR disposed of $46 million of non-prime assets, including $8 million of non-income producing assets.

  • GBT Realty completes construction at McPherson Place

    Laredo, Texas -- Brentwood, Tenn.-based GBT Realty said Wednesday it has completed construction of a new shopping center that is home to four new retailers. The fully occupied McPherson Place, in Laredo, Texas, is tenanted by James Avery, Orange Leaf, Starbucks Coffee and AT&T. All four stores are open for business.

    “The quality of this location allowed us to completely fill the center with an outstanding list of retailers,” said Fraser Schaufele, VP leasing at GBT.

  • RMC Property names leasing exec

    Tampa, Fla. -- RMC Property Group said Wednesday it has named Jannie DelRio as a leasing executive, specializing in tenant representation.

    DelRio previously worked with a Tampa-based brokerage firm representing tenants such as Great Clips for Hair, Smoothie King, It’s a Grind Coffee House, Dunkin Brands, Quizno’s, Stride Ride and Papa John’s Pizza.

    At RMC, DelRio's tenant representation assignments in Southwest Florida include Bull Chicks, a Texas-based fast casual concept, and Firehouse Subs.

     

  • Laura Pomerantz Real Estate makes Manhattan debut

    New York -- Real estate industry veteran Laura Pomerantz said Monday she has launched a new firm, Laura Pomerantz Real Estate, focused on retail and office real estate transactions.

    “As the retail landscape continues to evolve and companies re-evaluate their real estate portfolios, we look forward to working closely with our clients to develop both domestic and global real estate strategies that best facilitate growth and defines their brands,” said Pomerantz, founder and president, New York City-based Laura Pomerantz Real Estate.

  • Dollar Tree opens at Ridgeview Centre

    Wise, Va. -- Brixmor Property Group announced on Monday that Dollar Tree has opened a 9,000-sq.-ft. store at Ridgeview Centre, located in Wise, Va.

    Brixmor, based in New York City, is the owner of Ridgeview Centre.
     

     

  • Dominick's Real Italian to open in Cortaro Plaza

    Tucson, Ariz. -- Commercial Retail Advisors said Tuesday that Dominick's Real Italian is opening a restaurant at Cortaro Plaza, located in northwest Tucson.

    The 1,600-sq.-ft. Italian pizza and pasta place is slated to open June 1.
     

     

  • Microsoft to make San Francisco debut at Westfield mega property

    San Francisco -- Westfield San Francisco Centre will be home to the city’s first Microsoft retail store, slated to open on April 25.

    Other mall additions include Samsonite, Color Me Mine ceramics studio, Amy’s Hallmark and pop-up store Celestine SF.

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