REAL ESTATE

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.
     

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.

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.

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.

Commerce, Calif. -- Discounter 99 Cents Only said Tuesday it has launched an official search for a retail property on Rodeo Drive in Beverly Hills, Calif., to open its first store on the iconic street.

"We are confident a Rodeo Drive store will be successful because our stores do well in affluent areas,” said Eric Schiffer, CEO. “In fact, our highest sales volume store is located only a few blocks from Beverly Hills on Wilshire Boulevard.”

Of its 303 extreme-value stores in the U.S., 222 are in California.

San Antonio, Texas -- Steak n Shake said Tuesday it has signed its first international development agreement, which will bring the concept to the Middle East.

Steak n Shake has signed an exclusive area development agreement with the Saleh Bin Lahej Group to open 40 restaurants throughout the United Arab Emirates. This agreement represents the initial expansion of the brand outside the continental United States.

New York -- Garrison Investment Group said Tuesday it has acquired a 13-property portfolio totaling 1.7 million sq. ft. of neighborhood and community shopping centers in Ohio and Indiana. The seller is Kimco Realty Corp.

The 13 properties feature retailers such as T.J. Maxx, Giant Eagle, Kroger, Bed Bath & Beyond and Home Depot.

Garrison engaged Cincinnati-based Select Strategies Realty manage and lease the properties.

Seattle -- Nordstrom Inc. said Tuesday that it has opened a second Cleveland Nordstrom Rack store – at the Promenade in Crocker Park, owned and managed by Stark Enterprises.

The 34,000-sq.-ft. store is slated to open fall 2013 in a former Border’s space at the lifestyle shopping center located in Westlake, Ohio, and tenanted by Bed Bath & Beyond, H&M, Trader Joe’s, Victoria’s Secret and The Cheesecake Factory.