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REAL ESTATE

  • Exclusive: An evolving retail landscape shows signs of life

    New York City -- Chain Store Age columnist Jeff Green, in his latest piece “On the Upswing?”, observes that there are three broad categories of retail driving the current expansion buzz.

    Want to know more? Click here.

  • American Eagle debuts in three international markets

    Pittsburgh -- American Eagle Outfitters announced Wednesday that it has opened stores in three new international markets — Morocco, Jordan and Egypt.

    The company said it also opened its third store in Saudi Arabia, and has plans for a second store in Lebanon in early 2012. The retailer currently operates in Egypt, Jordan, Kuwait, Lebanon, Morocco, Saudi Arabia, and the UAE through its franchise partner, M.H. Alshaya.

  • Year-end Review: New York’s Best Store Revamps

    New York City -- It’s true: Everything old is new again. New York City’s retail maven, Faith Hope Consolo, chairman of Prudential Douglas Elliman’s Retail Leasing, Marketing & Sales Division, has put together a list of her favorite store makeovers of the past year. As Consolo notes, even the most iconic stores must constantly present a new, fresh face to keep shoppers coming. Here are her faves:

  • General Growth approves spinoff of Rouse properties

    Chicago --General Growth Properties said its board approved the spinoff of its Rouse Properties Inc. subsidiary, to consist of 30 regional shopping centers in 19 states.

    The separation will be completed through a pro rata taxable dividend on Jan. 12, to stockholders of record as of the close of U.S. exchanges on Dec. 30, Chicago-based General Growth said today in a statement.

  • Streetsense designs new La Madeleine prototype

    Bethesda, Md. -- Archiecture and design firm Streetsense said Monday it has created an all-new interior design scheme for La Madeleine French Country Cafe, a national chain of French-themed fast-casual restaurants.

    A 1,194-sq.-ft. restaurant using the new prototype design is now open at Northpark Center in Dallas, while another is under construction in Tulsa, Okla. La Madeleine also has engaged Streetsense to design two new stores planned for the Washington, D.C. metropolitan region, one in Tysons Corner, Va., and one in Silver Spring, Md.

  • LaVida Massage debuts in Pittsburgh

    Commerce, Mich. -- LaVida Massage announced the opening of its first center in Pittsburgh, slated to open in late December at Shadyside Shops.

    The 2,800-sq.-ft. location will feature nine regular massage rooms, two couples massage rooms and an aesthetics room. It will be owned and managed by brothers and franchisees Gary and Michael Kohanbash.

  • Walmart Market to debut near Atlanta

    Tarrytown, N.Y. – DLC Management Corp. announced a new deal signed with Wal-Mart Stores to open a 44,271-sq.-ft. Walmart Market at DLC’s Bethesda Walk Shopping Center in Lawrenceville, Ga.

    The deal, which was finalized on November 21, marks the grocery-only concept’s first store in the Atlanta metro area.

  • RMC Property Group names leasing exec

    Tampa, Fla. -- RMC Property Group said that Charles Boscarino has joined the company as the newly appointed VP of leasing. 

    Boscarino replaces Bobby Eggleston, who has been promoted to VP of RMC and will be involved in the areas of acquisitions and new development.

    Boscarino previously served as VP real estate and store development for Bealls Stores, where he was primarily responsible for the development, expansion, and marketing of 500 stores in 14 states.

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