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REAL ESTATE

  • Macy’s to open store in Sarasota, Fla.

    Cincinnati -- Macy’s will open a store in Sarasota, Fla., in fall 2014. The two-level, 160,000-sq.-ft. Macy’s will be an anchor of the new Mall at University Town Center, which is due to begin construction later this year.

    Macy’s currently operates three stores in the Sarasota-Bradenton market – at Southgate Mall, Sarasota Square and DeSoto Square.
     

  • Von Maur expanding Dry Goods format

    Davenport, Iowa -- Von Maur Inc. will expand its women's specialty store concept, Dry Goods, with the opening of a 4,500-sq.-ft. location this fall at Orland Square Mall in Orland Park, Ill. The store will be the specialty store chain's third location in the Greater Chicagoland area and the seventh Dry Goods store overall.

    The new Dry Goods will feature leading brands such as Free People, Hudson, Jessica Simpson, Joe's Jeans and Silver, among others. The store's decor will reflect the chain's vintage, turn-of-the-century aesthetic.

  • Dunkin’ Donuts in deal for 25 new locations in Texas

    Canton, Mass. -- Dunkin' Donuts announced the signing of a multi-unit store development agreement with three franchise groups to develop 25 new restaurants in Texas over the next several years. The locations include 16 units in Houston and nine in San Antonio.

    Dunkin' Donuts' development throughout Texas is part of the company's goal to double the number of Dunkin' restaurants in the United States over the next 20 years.


  • H&M to enter Latin America in fall

    New York -- Hennes & Mauritz AB (H&M) will enter Latin America this fall, opening a flagship in Centro Santa Fé, Mexico City.

    “We look very much forward to opening the first H&M flagship store in Mexico. It will be the perfect first step for H&M into this fashion conscious region,” said Karl-Johan Persson, CEO, H&M.
     

  • Burlington Coat Factory to open NYC flagship

    Burlington, N.J. -- Burlington Coat Factory will open a flagship in Manhattan this fall. It will be the off-price retailer’s sixth location in New York City. The 92,000-sq.-ft., three-level store will be in a building managed by Vornado Real Estate, on the south end of Union Square.

    The Union Square flagship is part of a broader plan by Burlington to open more than 20 new stores in 2012.
     

  • Starbucks to open on Disney properties

    Seattle -- Starbucks Coffee Co. has announced a partnership to open a store inside each of the six Disney properties in California and Florida.

    The first will open this summer, at Disneyland California Adventure in Anaheim, Calif. Starbucks will be located in the Fiddler, Fifer and Practical Café on Buena Vista Street, which is designed to transport patrons to 1920s Los Angeles. The store’s location plays off the Spanish/Mexican architecture of the period, and Starbucks baristas will wear 1920s-inspired attire.

  • McDonald’s goes Vegas

    Las Vegas -- McDonald’s has opened its first and only location under the Metro McDonald’s banner, in downtown Las Vegas.

    The two-level, 6,734-sq.-ft. space is located on Las Vegas Boulevard, next to Planet Hollywood Resort Casino’s Miracle Mile Shops. The new McDonald’s boasts 24-hour service, digital menu boards and WiFi access. The contemporary-looking interior is bright and vibrant, with sleek furniture and graffiti-like murals.

  • La Palmera announces five new retailers

    Corpus Christi, Texas -- Trademark Property Group announced that its La Palmera property in Corpus Christi, Texas, has five new stores planning to open by late spring.

    Construction is underway on White House | Black Market (3,453 sq. ft.), Soma Intimates (2,313 sq. ft); Bebe (4,885 sq. ft.); Traffic Shoes (1,105 sq. ft.); and Papaya (6,350 sq. ft.).

    The Children’s Place has opened a 3,467-sq.-ft new location by Champs, and construction is underway on a Payless ShoeSource location (3,360 sq. ft.), adjacent to the new Papaya.

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