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REAL ESTATE

  • The Marketplace at Centerra announces new restaurant leases

    Loveland, Colo. — McWhinney Enterprises announced that its Marketplace at Centerra power center in Loveland, Colo., will see the addition of Menchie’s and Buffalo Wild Wings this year.

    Menchie’s is slated to open a new frozen yogurt shop at the end of May, and Buffalo Wild Wings has begun remodeling a former Black Eye Pea restaurant space with an anticipated opening date of August. 

  • Target reveals initial locations in Canada

    Minneapolis  — Target Corp. on Thursday unveiled the first wave of the Zellers sites it will be taking over in Canada, representing 105 locations in all 10 Canadian provinces.  The vast majority of the sites will become Target stores after securing the necessary construction approval for extensive renovation. The stores will open beginning in 2013.

  • Dollar General to make California debut

    Goodlettsville, Tenn. — Dollar General Corp. announced that it plans to open its first stores in California in 2012 following successful expansions in such other western states as Arizona and Colorado in recent years.

    “Our California stores will mark a significant milestone for Dollar General, giving us a coast-to-coast presence for the first time,” said Rick Dreiling, chairman and CEO.

  • Tanger and Peterson Cos. to develop Tanger Outlets at National Harbor

    Washington, D.C. — Tanger Factory Outlet Centers Inc. and The Peterson Cos. announced that they have entered into a joint venture agreement to develop, manage and lease Tanger Outlets at National Harbor.

  • Report: Nordstrom eyeing Canada

    New York — Nordstrom Inc. is scouting out sites to expand into Canada, Dow Jones reported.

    "We already know we have a lot of Canadian customers," Nordstrom spokesman Colin Johnson said in the report. Also, Canadians make up the biggest share of Nordstrom's international online customers.

    Johnson did not give a timeframe when Nordstrom might make a formal announcement, but did say the company would start with its full-priced stores before opening any Nordstrom Rack outlets in the country, according to the report.

  • Walmart, Home Depot each pledge $1 million for Joplin tornado relief

    New York — Walmart and The Home Depot have each pledged $1 million to help rebuilding efforts in tornado-ravaged Joplin, Mo.

    Each of the retailers had a store in Joplin that was leveled in the storm. Both stores had fatalities inside them.

    In a statement, Walmart said it has accounted for all of its associates working at the store at that time, but still is reaching out to all of its employees in the area. It also is working to direct truckloads of water, food and other basic items to Joplin.

  • Gap expanding Athleta brand

    New York — Gap Inc. plans to Athleta stores at the Grove shopping center in Los Angeles and at Fashion Island mall in Newport Beach, Calif., this fall, according to the Los Angeles Times.

    Gap bought Athleta, which sells sells women’s clothing for such sports as yoga, running and swimming, along with shoes and other fitness accessories, in 2008. At the time, Athleta just an online and catalog business. The brand opened its first two retail stores in the last year, both in Northern California.

  • Four chains honored with ICSC Hot Retailer awards

    Las Vegas — The International Council of Shopping Centers has named Athleta, Smashburger, Aldi and Fossil as the 2011 Hot Retailer Award winners.

    The annual awards, based on a survey of ICSC’s worldwide members, were presented Tuesday at the association’s global retail real estate convention, REConn.

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