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REAL ESTATE

  • Build-a-Bear Workshop expands to Turkey

    St. Louis - Build-A-Bear Workshop has reached an agreement with Horizon Toy Company of Turkey as a new international franchisee. The first Build-A-Bear Workshop store in Turkey is expected to open in Mall of Istanbul in June 2014.

    With the store opening in Turkey, Build-A-Bear Workshop will now operate in 15 countries through franchisees. Those countries include Australia, Bahrain, Denmark, Germany, Japan, Kuwait, Mexico, Norway, Oman, Singapore, South Africa, Sweden, Thailand and United Arab Emirates.

  • Pine Tree appoints Erin Bremen as VP acquisitions

    Northbrook, Ill.Pine Tree Commercial Realty has named Erin Bremen VP of acquisitions and due diligence. Bremen will oversee underwriting and due diligence for new acquisitions.

  • Vestar appoints Clint Marchuk VP of acquisitions

    Phoenix — Vestar has appointed Clint Marchuk VP of acquisitions. His responsibilities include identifying, evaluating and carrying out shopping center acquisitions in Arizona, Utah, Colorado, New Mexico and Texas.

  • Three new tenants for Legends Outlets Kansas City

    Kansas City, Kansas — Legends Outlets Kansas City — in Kansas City, Kansas — has announced the addition of three new tenants: Woody’s Automotive, Nail Envy and Bath & Body Works. Each plans to open in this spring.

    Woody’s Automotive, a used car concept, will open on May 8 in a 507-sq.-ft. space next to Panera Bread.

    Nail Envy, plans to open May 14 in the adjoining shopping center across from Yard House. The salon and spa will occupy a 3,000-sq.-ft. space next to Payless ShoeSource.

  • Casto to lease retail space at The View on Fifth

    Columbus, Ohio — State Street Capital Realty, an independent brokerage of Casto, has announced its recent listing for the retail portion of The View on Fifth in the Grandview area of Columbus, Ohio.

    Under development by JSDI Celmark, Ltd., The View on Fifth is a mixed-use six-story project that will include 25,000 sq. ft. of retail shops and restaurants, a freestanding six-story parking garage and 285 luxury apartment residences — with one-to-four bedrooms.

  • Uniqlo to enter Los Angeles market in September; announces five locations

    New York -- Uniqlo will continue its expansion in the United States by entering the Los Angeles market. The Japanese retail powerhouse announced it will open five stores in the Los Angeles area, starting in August, at South Coast Plaza, Costa Mesa, followed by a location at Glendale Galleria, Glendale, in September.
       
    In October, the company will open at the Beverly Center, Los Angeles, and Northridge Fashion Center, Northridge. In spring 2015, Uniqlo will open a store at Los Cerritos Center in Cerritos.  

  • Whole Foods to open first Fort Worth, Texas, store

    Fort Worth, Texas — Whole Foods Market has leased a 45,000-sq.-ft. location in Waterside, the new 63-acre master-planned, mixed-use property being developed by Trademark Property Co. Slated to open in the spring of 2016, it will be Whole Foods first grocery in Fort Worth.

    Located on the Trinity River, Waterside will offer retail, restaurants, office, hotel and residential uses in a walk-able setting that will include a new extension of the Trinity Trail.

  • Baker Katz buys four properties in Houston metro area

    Houston, Texas — Baker Katz has acquired four retail properties throughout the greater Houston area — in the neighboring cities of Port Arthur, Lake Jackson, Beaumont and Tomball.

    The Port Arthur property is a 90,000-sq.-ft., single-tenant building purchased from the Sutherland Lumber Co. for an undisclosed amount. Baker Katz plans to renovate the building and convert it to a multi-tenant space. Hobby Lobby has signed a 58,000-sq.-ft. lease, and Party City has signed a lease for 13,000 sq. ft.

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