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REAL ESTATE

  • New mixed-use project to deliver retail near major ballpark

    Washington, D.C. -- Grosvenor Americas and Skanska USA Commercial Development have announced plans for a mixed-use project of more than 650,000 sq. ft. directly north of the new Washington Nationals ballpark in the Capitol Riverfront district of Washington, DC.
         

  • MassageLuXe opens at Streets of St. Charles

    St. Charles, Mo. -- Peoria, Ill.-based Cullinan Properties said that MassageLuXe has opened at the Streets of St. Charles, a new mixed-use development in St. Charles, Mo.

    MassageLuXe joins Streets of St. Charles Dental and the first Five Guys Burgers & Fries location in St. Charles County. Opening soon are two full-service restaurants that are new to Metro St. Louis -- Tucanos Brazilian Grill and Prasino.

  • Walmart Canada to grand-open 30 stores in October

    Mississauga, Ontario -- Walmart Canada said Tuesday it will complete 30 real estate projects by the end of October, including two supercenter conversions and 28 new stores totaling 2.4 million sq. ft. of retail space.

    The new stores were former Zellers locations; 10 will be converted to supercenters and 18 will be Walmart Canada discount stores.

    “This is an exciting month for Walmart Canada,” said Jim Thompson, COO, Walmart Canada.

  • Sun & Ski to open in Woburn, Mass., in former West Marine space

    Burlington, Mass. -- KeyPoint Partners said Tuesday it has negotiated a lease with Sun & Ski Sports to occupy a 14,393-sq.-ft. space at 406 Washington Street in Woburn, Mass.

    The store will be situated on the upper level of the building which houses Hogan Tire & Auto Service Center.

    According to Sun & Ski parent Retail Concepts, a November 2012 opening is planned for this newest store, which is the chain’s thirtieth.

     

  • Wal-Mart to grow Neighborhood Markets to 500 strong by 2016

    Rogers, Ark. -- In its annual meeting with analysts on Wednesday, Wal-Mart Stores U.S. president Bill Simon said the retailer would accelerate small-store growth to compete with dollar stores and drug stores, and announced plans to have 500 Neighborhood Market stores and 12 Express stores by fiscal 2016.

    “This gives us the opportunity to build more stores for less money," Simon said. Wal-Mart currently operates 217 Neighborhood Markets and 10 Express stores.

  • Chill Berry to open in upper Manhattan

    New York -- Prudential Douglas Elliman’s Retail Group said it has secured a long-term lease for Chill Berry Frozen Yogurt at 2121 Frederick Douglass Blvd., between 114th and 115th Streets in New York City.

    It is the second of two Harlem-based stores for the owners, with the first on Lenox Avenue and 131st Street.

    Neighboring businesses along the corridor include Harlem Tavern, the 5 and Diamond, Jado Sushi, Posh Paws, Mod Squad Cycles and Best Yet Market.

     

  • Sembler names southeast development head

    Atlanta -- The Sembler Co. said that Charlie Heard has joined the firm as VP development and southeast market leader for the company. He will be based in Atlanta.

    Heard’s duties consist of pursuing new shopping center development opportunities in Georgia, South Carolina, North Carolina, Tennessee and Virginia.  He has been involved in development projects for retailers such as Publix, Kroger, Target, Home Depot, Best Buy, CVS and Walgreen's and has worked with top-tier retailers on site selection across industry sectors.

  • Verizon to open in Dress Barn Plaza

    Norwalk, Conn. -- Charter Realty & Development said that it has arranged a 2,350-sq.-ft. lease for Verizon located in the Dress Barn Plaza in Norwalk, Conn.

    Dress Barn Plaza also contains Dress Barn and Dress Woman. Verizon will be relocating and expanding from a nearby location.

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