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REAL ESTATE

  • 7-Eleven continues aggressive growth with purchase of 183 ExxonMobile sites

    Dallas -- 7-Eleven has agreed to acquire ExxonMobil's retail interests in 183 Florida sites. The transaction, expected to close early in 2011, is subject to standard closing conditions and regulatory approvals. Terms of the deal were not disclosed.

  • Callison partners with Abercrombie & Fitch, Urban Outfitters for international expansion

    Seattle -- Callison has teamed with parent companies Abercrombie & Fitch and Urban Outfitters to internationally expand the Hollister Co./Gilly Hicks and Urban Outfitters/Anthropologie brands, respectively.

    Abercrombie & Fitch has retained Callison as its architect of record to implement its expansion for Hollister in the United Kingdom and Germany. A total of five stores have opened under Callison’s direction with approximately 10 more locations planned.

  • Sunflower Farmers Market to open stores in California

    New York City -- Sunflower Farmers Market, which operates value-priced organic and natural food grocery stores, is opening its first store in California.

    Sunflower currently operates 32 stores in six Southwestern states. The chain, which focuses on offering fresh local foods at affordable prices, was founded in 2002 by Mike Gilliland, who helped start the Wild Oats chain that was later bought by Whole Foods Market.

  • George Smith Partners completes construction financing on retail center development

    Los Angeles -- Commercial real estate investment banking firm George Smith Partners, has completed a $17.2 million, two-phase, construction loan transaction in Oxnard, Calif., for Upside Investments.

  • Sudberry breaks ground on mixed-use development in Mission Valley, Ca.

    San Diego -- Sudberry Properties has broken ground on the first phase of Civita, the 230-acre mixed-use development that will turn a 70 year-old quarry in Mission Valley, Ca., into a walkable community with attainable housing options, village shops, businesses, access to San Diego’s Light Rail System and abundant acres of park space all within a 15 minute walk of one another.

  • Readers Speak Out: What is expected to be the most talked-about topic at ICSC-New York?

    The Nov. 24 edition of SiteTalk invited readers to suggest what they thought would be most talked-about in the aisles of the International Council of Shopping Centers New York deal-making conference. Here is what one reader had to say:

     "I expect to hear people complimenting our new Roundtables (Tuesday, Dec. 7, 8-9 a.m.) at the Sheraton. Also, if Black Friday and the start of holiday shopping season match retailer expectations (as shown in our pre-holiday tenant survey), I expect to hear about more deals being made."

  • Hollywood Tans to open at Parkway Plaza

    Hamden, Conn. -- Hollywood Tans has signed a lease for a new 2,580-sq.-ft. store at Parkway Plaza, in Hamden, Conn.

    Parkway Plaza is owned by New York City-based Centro Properties Group.

  • Dollar Tree to open at Summerfield Crossing Plaza

    Apollo Beach, Fla. -- Tampa, Fla.-based RMC Property Management Group announced that Dollar Tree will open a new 9,500-sq.-ft. store at Summerfield Crossing Plaza, located in Apollo Beach, Fla.

    The Dollar Tree Store will be constructed adjacent to a new 80,000-sq.-ft. Bealls department store.

    Dollar Tree is slated to open April 2011.

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