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REAL ESTATE

  • Alameda, Calif., center welcomes two eateries

    Alameda, Calif. — Bagel Street Café and The Best Lil’ Porkhouse have signed into South Shore Center on the waterfront in Alameda, Calif. Jamestown, a national real estate investment and management firm, owns the center.

    Bagel Street Café has signed a 10-year lease for 2,323 sq. ft. and plans to open this summer. SRS Real Estate Partners represented Bagel Street.

    The Best Lil’ Porkhouse signed a 10-year lease for 3,639 sq. ft.

  • Kohl’s Plaza in Holmdel, N.J., signs two new tenants

    Purchase, N.Y. National Realty & Development Corp. has announced that Flynn & O’Hara Uniforms and Advantage Health have inked leases in the 184,575-sq.-ft. Kohl’s Plaza in Holmdel, N.J.  

    The center is located at the intersections of Highway 35 and Union Avenue.

  • PGA Tour Superstores targets 50 locations by 2018

    Atlanta -- PGA Tour Superstores announced three new store openings in 2014 and an ambitious growth strategy that will more than double its current retail footprint,  adding one million square feet of new golf retail space over the next five years.

    As part of its growth plan, the mega-golf retailer will open new interactive retail experience stores this fall in Orlando, Florida; North Scottsdale, Arizona; and Southlake, Texas.

  • Baybrook Mall’s Texas-scale expansion

    Friendswood, Texas — The 1.2-million-sq.-ft. Baybrook Mall in Houston is getting another 550,000 sq. ft. The mall owner, General Growth Properties, and the landowner, a CDC Houston-managed entity, have formed a joint venture to carry out he project. Work will begin in early May and completed by the 2015 holiday season.

  • Restaurants Setting a New Course

    One of the most fascinating developments over the last several years in our industry has been the explosion of new and different types of dining concepts. And it’s not only the restaurants chains evolving and emerging, but also about the way that dining preferences are changing.

  • Plaza Retail REIT plans six Canadian retail projects

    Fredericton, Canada -- Plaza Retail REIT plans six new Canadian retail projects: four new re-developments and two new ground-up development projects. Four projects are located in Quebec, one in Atlantic Canada and one in Ontario.

    In all, Plaza will be investing approximately $24 million for its share of these six new projects and will add approximately 155,000-sq.-ft. to its portfolio of retail properties (at Plaza's ownership percentage). The Ontario project and three Quebec projects are being developed with joint venture partners.

  • Dick’s Sporting Goods opens relocated Pittsburgh store April 13

    Pittsburgh – Dick’s Sporting Goods opens a relocated store at McCandless Crossing in Pittsburgh on April 13. The original store location at Northway Mall will be closing on April 8 to make way for the new, enhanced McCandless Crossing location.

  • Mid-America names director of net lease sales

    Oakbrook Terrace, Ill. Mid-America Real Estate Corp. recently signed Wes Koontz, CCIM, as director of net lease investment sales. He will work in tandem with Kevin Conway, also director of net lease investment sales.

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