REAL ESTATE

BECO breaks ground on Virginia mixed-use project
It lies but a few miles from Virginia’s Great Dismal Swamp Wildlife Preserve, but developer BECO sees a bright future for its Bridgeport development.
Target expanding its New York City footprint
Target Corp. keeps adding to its New York store portfolio.

Aldi’s long-awaited mixed-use project reportedly in works for 2019

Aldi is making good on its promise to open a store in a new Minneapolis apartment building.
Richardson joins Kimco board

Less than a week after being named chairman of the International Council of Shopping Centers, Valerie Richardson has been appointed to the board of directors of Kimco Realty Corp.
Hudson’s Bay to close 10 Lord & Taylor stores

One of New York City’s most iconic department stores is going dark.
Hawaii, Wisconsin are fastest-growing real estate states

It’s said that retail follows rooftops, so expansion-minded retailers might want to set their sights on Hawaii, Wisconsin, Kansas, and Washington, according to a report from Experian.
Proposed merger to create $7B-plus real estate company

Madison Marquette, whose trendsetting projects range from the new District Wharf in the nation’s capital to Pacific Place in Seattle, plans to merge with PMRG to create a company with more than $7 billion in assets.
Lumber Liquidators' newest store helps company hit milestone

Lumber Liquidators is preparing to open its 400th store.
Container Store exec named to chair ICSC

Valerie Richardson, who helped advance Containers Store’s nationwide presence, has been named chairman of the International Council of Shopping Centers for the 2018-2019 term.
Tanger marks 25th year as a public company

Steven B. Tanger rang the closing bell at the New York Stock Exchange on May 30 to mark Tanger Factory Outlets’ 25th anniversary as a public company.