REAL ESTATE

Seattle -- REI will enter two new states in the fall, opening a store at the new Christiana Fashion Center, in Christiana, Delware, and another at the new Mills Crossing, in West Des Moines, Iowa.

The outdoor gear and apparel retailer also plans to open a store in Virginia Beach, Virginia, at Pembroke Mall, in spring 2016.

Santa Ana, Calif. -- As part of Westfield MainPlace’s redevelopment plan, the Santa Ana, California, center announced two new dining destinations: Lucille’s Smokehouse Bar-B-Que and Wokcano. Slated to debut late summer/early fall 2015, these announcements come on the heels of three recent restaurant openings: Panini Café (December 2014), Dog Haus and Blaze Pizza (both November 2014).

London -- British women’s activewear brand Sweaty Betty plans to expand its presence in the United States. The London-based company has received a strategic growth investment from U.S. private equity firm Catterton. Sweaty Betty operates more than 40 stores in the United Kingdom, and two in the United States, where it also recently launched a website.

New York -- Forever 21 opened a 36,000-sq.-ft. store on Manhattan’s Fifth Avenue, joining such other fast-fashion retailers already in the neighborhood as Uniqlo, H&M and TopShop.  

The four-level space houses all of retailer’s collections under one roof, including Forever 21 Men. The store is located in a building that formerly housed an H&M store, which closed in December when the retailer moved to a different location on Fifth and 48th Streets.

Canton, Mass. - Dunkin' Donuts is recruiting franchisees to develop an estimated 10 new Dunkin' Donuts restaurants throughout Birmingham, Alabama, and the surrounding areas. In addition, a number of existing operating restaurants may be available for purchase.

Currently there are 21 Dunkin' Donuts restaurants operating in Alabama.

Melville, N.Y. -- A&G Realty Partners, a leading commercial real estate, advisory and investment group, has been retained by RadioShack to manage the sale of retail store leases and warehouses following the company's recent Chapter 11 bankruptcy filing.

For Los Angeles-based fashion retailer Forever 21, the journey from a single location on Figueroa Street in L.A. in 1984 to more than 680 global locations today has been transformative. Over the last three decades, the brand has not shied away from innovation and experimentation, implementing a range of different store sizes and concepts along the way: from smaller 5,000-sq.-ft. layouts in its early years, to larger 9,000-sq.-ft. concepts in the 2000s and a range of big-box stores that range up to 40,000 sq. ft.

Chicago -- Famed British toy retailer Hamleys is coming across the pond. The 255-year old company, famous for has retained JLL to facilitate a multiple store roll-out throughout the United States.