REAL ESTATE

Newk’s Eatery enters San Antonio, plans 30 new stores
Jackson, Miss. – Newk’s Eatery is entering the San Antonio, Texas area as part of a broader expansion plan that includes 30 new franchise and corporate stores in 2015. The fast-casual dining chain has signed a franchise agreement with Stephen Kuehler, who will lead the chain's expansion into the San Antonio area.
Luke Petherbridge named CFO of DDR
Beachwood, Ohio -- DDR has named a new financial chief, and the shopping center company reached from within its own ranks for the appointment. Luke J. Petherbridge, age 35, assumes the role of CFO effective immediately.

"Luke is an accomplished executive with a proven track record within our company, overseeing the balance sheet, fostering strong banking and capital partner relationships, and sourcing large scale transactions during his tenure with us," said David Oakes, president and CEO.

Nordstrom opens its second Canadian store

Seattle -- Nordstrom on Friday opened the doors to its store at Rideau Centre in Ottawa, Ontario. The 157,000-sq.-ft. store is the retailer’s second location to date in Canada.

"We are thrilled to welcome Nordstrom to Rideau Centre, which is a major milestone and component in the shopping centre's $360 million multi-year redevelopment project," said John Sullivan, president and CEO, The Cadillac Fairview Corporation Limited.
Coach Factory store to open new location at Legends Outlets Kansas City

Kansas City, Kan. -- Coach will permanently extend its temporary stay at Kansas City’s signature designer outlet shopping destination, Legends Outlets Kansas City. The permanent location, which will nearly double the existing pop-up footprint, is slated to open fall 2015.
Exclusive: Retail in Brooklyn Shows No Signs of Slowing Down

By Ryan Condren, CPEX Real Estate
Construction launches on Palmetto Gardens Plaza inline space

Miami Gardens, Fla. -- Palmetto Park has broken ground on the inline space at Palmetto Gardens Plaza, a 63,000-sq.-ft. shopping center located at 3799 NW 167th St. in Miami Gardens, Florida. Anchor tenant Wal-Mart Neighborhood Store was recently completed and is now open.
Gander Mountain expanding in Southwest, up to 156 stores nationwide

St. Paul, Minn. -- Gander Mountain will open a 52,000-sq.-ft. store in Kaleen, Texas, and a 45,600-sq.-ft. store in Tulsa, Oklahoma, on March 12, giving it 156 stores nationwide.

The Tulsa location marks Gander Mountain's entry into Oklahoma. The Killeen store continues Gander’s major expansion into the Texas market, and will be its 20th store in the state.
A mall's-eye view

Smart retailing, deep services and creative marketing lure shoppers to top malls

The retail industry is ever-changing, with shoppers now looking to malls as a place of both business and socialization. A constant evolution of attractions is needed to entice them to visit a center and then keep them coming back on a consistent basis.

Savvy mall owners are challenged to practice smart retailing and deliver creative, on-trend marketing tactics when leasing, marketing and operating shopping centers.
Leopard Boutique to join Streets of St. Charles

Peoria, Ill. -- Apparel and accessories retailer Leopard Boutique will open a 1,273-sq.-ft. store at The Streets of St. Charles, in Peoria, Illinois. The trendy boutique has finalized its lease and will join the mixed-used development in May as the newest retail store in the development.

Leopard Boutique will be located in suite 150 at the ground level near the cross streets of Beale Street and Nichols Road at the base of the five-story luxury residential apartment building that is currently 85% occupied.
Bloomingdale’s to open outlet store in Manhattan

Cincinnati -- Bloomingdale’s will open an outlet store in fall 2015 in the heart of Manhattan’s Upper West Side. It will be the 14th Bloomingdale’s Outlet store and the first in a major urban center.

With 25,000 sq. ft. on three levels, Bloomingdale’s Outlet on Broadway will offer a range of off-price apparel and accessories, including women's ready-to-wear, men's, children's, women's shoes, fashion accessories, jewelry, handbags and intimate apparel.