REAL ESTATE

Phillips Edison Grocery Centers nabs three centers
Cincinnati -- Phillips Edison Grocery Center announced it has acquired three grocery-anchored shopping centers in Michigan, California, and Massachusetts.

Crossroads Towne Center is a 102,275-sq.-ft. grocery store-anchored shopping center in Howell, Michigan, a suburb of Ann Arbor, Michigan. The center is anchored by Kroger, and also features national tenants Great Clips, Jets Pizza, Subway, H&R Block, and Little Caesars.
Sembler breaks ground on Florida shopping center
St. Petersburg, Fla. - The Sembler Co. recently broke ground on the 65,000-sq-ft Shoppes at Trinity Lakes, a Publix-anchored shopping center located in Trinity, Florida. In addition to the 45,600-sq-ft Publix and 1,400-sq-ft Publix Liquor Store, Sembler has signed leases with nearly 11,000 sq. ft. of retailers new to the Trinity market.

Academy Sports hits store count landmark, supports growth

Katy, Texas – Academy Sports + Outdoors is hitting a landmark in its store count.

The sporting goods chain will open its 200th store in Tupelo, Mississippi on July 3.

The Tupelo store will be approximately 63,000-sq.-ft. and will bring 100 new jobs to the area. This will be the first location in Tupelo and the fifth store in Mississippi.
dd's Discounts ramps up growth in Florida

Dublin, Calif. -- dd’s Discounts, a division of Ross Stores, Inc., opened a new store in Tampa on June 27.

The 22,000-sq.-ft. store, located in University Plaza on the northwest corner of Fletcher Avenue and Bruce B. Downs Boulevard, marks the retailer’s 26th store in Florida and secures the state as dd’s third-largest in terms of store counts.
dd's Discounts opens new Houston-area store

Dublin, Calif. -- dd’s Discounts, a division of Ross Stores, Inc., opened a new store in Eastex, Texas on June 27.

The 21,000-sq.-ft. store is located in the Eastex Shopping Center at Highway 59 and Little York Road.
The Lone Star Statement

It might seem counterintuitive to suggest that Houston, the nation’s fourth most populous city, is ever in danger of being overlooked, but the reality is that, for a long time, this rapidly growing Texas metropolis has frequently not been thought about in the same category as its peers. That is changing, however, and in many ways Houston has become that gateway market it has always longed to be. With the kind of population growth the city has been experiencing, population projections of 8 million - 9 million people in the not-too-distant future do not seem too far-fetched.
Ross Dress for Less expands western U.S. store counts

Dublin, Calif. -- Ross Dress for Less will open a new store in Montrose, Colorado, on July 18, as well as a new store in Phoenix on the same day, adding to its western U.S. store counts.

The 27,000-sq.-ft. Montrose, Colorado, store is located in the River Landing shopping center at US Highway 550 and Rio Grande Avenue, 60 miles southeast of Grand Junction.
Baker Katz acquires Houston property; retail addition planned

Houston -- Houston-based Baker Katz, an X Team International partner and full-service commercial real estate brokerage firm, announced the acquisition of a 2.12-acre property with an existing 13,000-sq.-ft. office building located near the cross streets of U.S. Highway 59 N and West Little York Road in Houston.
Online puppet retailer to become ‘real’ store chain

Mount Shasta, Calif. – Following the lead of Pinocchio, online puppet and educational toy retailer ePuppets Inc. is joining the “real” world.

E-Puppets will open its first physical store on July 4, in its headquarters town of Mount Shasta, California.
dd's Discounts opens fourth Tucson-area store

Dublin, Calif. -- dd’s Discounts, a division of Ross Stores, Inc., opened its newest Arizona store on June 27 – a 22,000-sq.-ft. unit in North Tucson.

The newest store is located in the Oracle Gateway off of North Oracle Road and Pastime Road, 3.7 miles north of downtown Tucson, and it brings the total number of stores in the Tucson area to four.