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REAL ESTATE

  • Simon Property Group recognized for climate disclosure

    Indianapolis -- Shopping center owner Simon Property Group said Tuesday that it has again been recognized by the Carbon Disclosure Project with inclusion in its Carbon Disclosure Leadership Index.

  • Starbucks to expand in Latin America

    New York City -- Starbucks Coffee Co. plans to expand in Latin America after concentrating in recent past years more on Asia, founder and CEO Howard Schultz said at a presentation in Madrid, Bloomberg reported.

    The chain as about $2 billion in cash to invest in an “aggressive and opportunistic way,” Schultz said, and is especially interested in Brazil, according to the report.

  • Rose Paving Co. completes parking lot improvements for 7-Eleven

    Bridgeview, Ill. -- Rose Paving Co. has completed a major parking feet enhancement program at 7-Eleven locations in the northeastern United States. The project, which involved 970,463 sq. ft. of space, spanned the course of five weeks. Work ranged from two-inch mill and overlay to full parking lot reconstruction at more than 75 7-Eleven stores in Maryland, New Jersey, and Virginia -- all while stores remained open.

  • LaVida Massage opens new California center, names master franchisee

    Placentia, Calif. -- LaVida Massage, a Commerce, Mich.-based massage and wellness center, announced the opening of a new LaVida location in California, as well as the addition of a new master franchisee in southern California.

    The new 3,700-sq.-ft. center, located in Placentia, is slated to open Sept. 19.

    New master franchisee Deby Goodman will own and manage the newest store, as well as will be responsible for building new LaVida operations specific to the southern California market.
     

  • Retail Group appoints VP real estate

    Lenexa, Kan. -- Retail Group of America, owner of Strasburg Children stores, has announced the appointment of Joanna B. Shawver as VP real estate. She will lead the company’s real estate expansion strategy in the United States.

    Shawver brings more than 20 years of commercial real estate experience to her new role, with specialties in tenant representation and shopping center leasing. Most recently, she was VP leasing with RED Development, a Kansas City and Phoenix-based real estate development firm.
     

  • Nordstrom opens in Nashville

    Seattle -- Nordstrom opened the doors to its newest store, in Nashville, Tenn.

    The 149,000-sq.-ft. store is located in The Mall at Green Hills.
     

  • Panda Express to open at Santa Paula Shopping Center

    Santa Paula, Calif. -- Centro Properties Group US announced a 2,000-sq.-ft. lease has been executed with Panda Express at Santa Paula Shopping Center, located in Santa Paula, Calif.

    Centro Properties Group, based in New York City, is the owner of Santa Paula Shopping Center.
     

  • Citi Trends to open two Pa., locations

    New York City -- Centro Properties Group US announced the recent lease executions of two Citi Trends locations. A 13,500-sq.-ft. lease has been executed at Lehigh Shopping Center, in Bethlehem, Pa., and a 12,000-sq.-ft. location will open at Kline Plaza, located in Harrisburg, Pa.

    Both Lehigh Shopping Center and Kline Plaza are owned by Centro Properties, based in New York City.
     

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