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REAL ESTATE

  • DLC Management partners with LOC Card for customer loyalty

    Tarrytown, N.Y. -- DLC Management Corporation, a national owner and operator of open-air shopping centers, announced its new partnership with LOC Card, a universal card that supports merchants’ existing loyalty programs.

    With LOC Card, consumers can now use one card across all participating merchants at their preferred DLC shopping center to access and engage with each merchant’s loyalty program. The LOC Card replaces that key ring full of loyalty card key tags and streamlines the process, saving time at the register.

  • Domino’s enters Republic of Georgia

    Ann Arbor, Mich. - Domino's Pizza has opened in its third new market so far in 2015, as the first Domino's store in the Republic of Georgia opened the capital city of Tbilisi. Domino's Pizza in Georgia is a joint venture between Turkven, Domino's master franchisee in Turkey, and Geo Pizza LLC, led by CEO Tea Shengelia.

  • Foot Locker to open big in Times Square with 36,000-sq.-ft. flagship

    New York -- Himmel + Meringoff and The Swig Company, co-owners of 1460 Broadway, announced that Foot Locker has signed a 15-year lease to occupy the building’s entire 36,000-sq.-ft., four-level retail space which has been designated as 8 Times Square.

  • L.L. Bean, Capital Grille sign Legacy Village leases

    Cleveland - L.L. Bean and The Capital Grille have executed leases at the 610,000-sq.-ft, mixed-use Legacy Village town center. The 16,000-sq.-ft. L.L. Bean store will feature an assortment of active and casual apparel and footwear, outdoor gear including hiking, fly-fishing, kayaking and camping products.

    L.L. Bean will open in the space currently occupied by Talbots, which will be relocating to a new space within the shopping center. This will be L.L. Bean’s 23rd retail store outside of Maine.

  • Robert Redford’s Sundance Catalog to open two stores in 2015, five in 2016

    Salt Lake City -- Sundance Catalog is gearing up for retail expansion, with plans to open two locations in 2015: one in Edina Galleria in Edina, Minnesota, in September, and a second store in Dallas’ NorthPark Center in November. Up to five additional stores are planned for 2016.

  • Retail Properties of America acquires community center in Tysons Corner

    Oak Brook, Ill. -- Retail Properties of America announced that it has closed on the off-market acquisition of a 38,000-sq.-ft. community center located in Tysons Corner, which is in the Washington, D.C./Baltimore corridor.

    Recently renovated in 2012, the property is anchored by Golfsmith and shadow-anchored by Best Buy. It is also supported by national fast-causal restaurant offerings including Chipotle, Chick-fil-A and Roti. The property was purchased off-market for approximately $31.6 million.

  • Gander Mountain to open in Marion, Illinois

    Marion, Ill. -- Outdoor gear and apparel retailer Gander Mountain is set to open its new location, in Marion, Illinois, on May 7.

    The new 52,000-sq.-ft. store is the company’s eighth in Illinois. The exterior and interior layout reflect Gander Mountain's new store design featuring innovative interior elements, displays and fixtures.

  • WinCo Foods opening 100th store

    New York -- Discount supermarket company WinCo Foods LLC will open its 100th store on May 7, in Lewisville, Texas. The 83,000-sq.-ft. location is the fifth WinCo store to open in the Lone Star State.

    The new store features WinCo's signature "Wall of Values" at the entry, which displays a wide variety of high-volume, value-priced products.

    WinCo currently operates some 100 stores in the states of Washington, Idaho, Nevada, California, Oregon, Arizona, Utah and Texas.
     

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