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REAL ESTATE

  • Cabela’s to continue Outpost rollout with Montana store

    Sidney, Neb. -- Cabela’s Inc. said Thursday it will open a Cabela’s Outpost Store in Kalispell, Mont., joining the outdoor retailer’s single full-line Billings store in the state.

    Construction on the 42,000-sq.-ft. location is scheduled to begin in spring 2013 and Cabela’s said it expects to open the store in fall 2013.

  • Agree Realty announces re-tenanting and disposition of Borders assets

    Farmington Hills, Mich. -- Agree Realty Corp. said it has executed two leases and completed a disposition of the company's remaining assets that were formerly leased to Borders.
     
    The company has executed a lease with HomeGoods for the building formerly occupied by Borders in Monroeville, Pa. HomeGoods, a TJX Cos. banner, will occupy the space effective third quarter of 2013.

  • Inland American Real Estate names president

    Oak Brook, Ill. -- Inland American Real Estate Trust has announced the appointment of Thomas P. McGuinness as president. McGuinness joined Inland in 1982 and has held several executive positions throughout the Inland organization.  

    In his new role, he will oversee the management of the company’s day-to-day operations, including the strategic business plan, investment decisions, asset management and financing functions for the national portfolio of 48 million sq. ft.

  • Regency Centers upgrades Carriage Gate

    Tallahassee, Fla. -- Jacksonville, Fla.-based Regency Centers has announced the completion of two new anchor leases and the renovation of Carriage Gate, a 78,583-sq.-ft. neighborhood center, located in Tallahassee, Fla.

  • BFC Partners to build outlet retail/hotel complex on Staten Island

    New York -- BFC Partners, a New York real estate development company, announced plans to develop a new retail complex and hotel, with the working name of Harbor Commons, on a site adjacent to the Richmond County Bank Ballpark in St. George, Staten Island, N.Y.
     
    Harbor Commons will be an approximately 350,000-sq.-ft. retail complex along with a 120,000-sq.-ft. hotel, totaling 470,000 sq. ft. The retail complex will be comprised of approximately 100 designer outlets along with a variety of restaurants and cafes.
     

  • Build-A-Bear Workshop unveils new, interactive store design

    St. Louis -- Build-A-Bear Workshop has unveiled its new store design, at West County Center in St. Louis. The store is one of six locations that the company will open this year in select U.S. markets. The interactive design merges the retailer’s signature hands-on bear-making experience with innovative technology. It allows customers to personalize the bear-making process and offers them a different experience each time they visit a Build-A-Bear Workshop store.

  • Kohl’s opens 12 stores, with nine built to LEED Gold standards

    Menomonee Falls, Wis. -- Kohl’s Department Stores announced the grand opening of 12 stores, creating approximately 1,500 jobs nationwide. The company now operates 1,146 stores in 49 states.

    The company is celebrating the grand opening of 12 stores in 10 states, including Connecticut, Georgia, Iowa, Kansas, Maryland, Massachusetts, North Carolina, South Carolina, Virginia and Washington. Of the 12 new locations, 11 are small format stores with approximately 64,000 sq. ft. or less of retail space.

  • CBRE launches global green research challenge

    Los Angeles -- CBRE Group on Tuesday announced the launch of the Real Green Research Challenge, a four-year, $1 million commitment to fund leading-edge sustainability research and innovation relating to commercial real estate.

    CBRE said it is accepting submissions for research proposals, with the goal of developing solutions to the industry’s critical environmental challenges.

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