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REAL ESTATE

  • H&M to open largest store to date in Las Vegas

    New York  City -- Fast-fashion retailer H&M will open its largest store to date on Saturday, at the Forum Shops at Caesars, on the Las Vegas Strip.

    The three-level, 55,000-sq.-ft. store, which will sell women’s, men’s and children’s clothing, shoes and accessories, is located in a building that formerly housed FAO Schwarz. The toy store, which closed last January, had occupied the space, along with its iconic Trojan horse, since 1997.

  • 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.

  • 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.

  • 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."

  • 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.

  • Lord & Taylor to open first new store in a decade

    Cleveland -- Lord & Taylor and Forest City Enterprises on Friday announced that Lord & Taylor will open a new, 80,000-sq.-ft. store to anchor Westchester's Ridge Hill, Forest City's outdoor retail/mixed-use development, currently under construction in Yonkers, N.Y. This will be the first new, full-line Lord & Taylor to open since 2001.

    The new location will showcase the retailer's latest store design and will offer a mix of the best fashion, accessories, beauty and fragrance brands, as well as gifts and home accessories.

  • The District at Tustin Legacy wins waste reduction award

    Orange County, Calif. -- The District at Tustin Legacy, a 1 million-sq.-ft. lifestyle and entertainment center located in Orange County, Calif., has been awarded the 2010 CalRecycle Waste Reduction Award for being a regional leader in recycling and waste reduction. 

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