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REAL ESTATE

  • Wal-Mart pilots convenience concept

    Bentonville, Ark. – Wal-Mart is piloting a new small format convenience concept called “Walmart To Go.” The first Walmart To Go store has opened in Bentonville, Ark., location of the retailer’s corporate headquarters.

  • Report: Northbrook, Ill., considers retail development

    Northbrook, Ill. – Trustees of Northbrook, Ill. reportedly are considering a 43,000-sq.-ft. retail development. According to the Chicago Tribune, the development sits on a four-acre parcel near the border with Glenview, Ill., which is owned by Svigos Asset Management.

  • Jimmy Johns inks 3 leases in Detroit metro area

    Bloomfield Hills, Mich. — Jimmy Johns has signed leases for three new restaurants in the Detroit metropolitan area, two in Livonia and one in Northville.

    In Livonia, Jimmy Johns signed a 2,277-sq.-ft. lease on Middlebelt Road. Mid-America Real Estate-Michigan (www.midamericagrp.com) represented Jimmy Johns and the landlord, CVS, in the transaction.

  • Now open: Fremaux Town Center in Slidell, La.

    Covington, La. And Chattanooga, Tenn. — Phase I of Fremaux Town Center in Slidell, La., opened on Friday, according to the property’s joint developers Stirling Properties and CBL & Associates Properties.

    Kohl’s, Dick’s Sporting Goods, Best Buy and T.J.Maxx anchor the 352,342-sq.-ft. center, which is more than 95% leased.

  • Investment company buys Denton, Texas, town center

    Dallas -- Greenway Investment Co. has acquired Denton Town Center in Denton, Texas, from a family trust represented by the Dallas office of Transwestern. Dollar-Flowers Realty Partners represented Greenway.

  • JCR acquires a retail condominium in Washington, D.C.

  • CVS, The Boulevard restaurant ink leases at Queens center

    Queens, N.Y. — A CVS Pharmacy and The Boulevard, a new family restaurant, have leased space in the Francis Lewis Boulevard Shopping Center in the Whitestone section of Queens, N.Y.

    The CVS transaction is a lease renewal for an existing 13,500-sq.-ft. pharmacy. The Boulevard has taken 4,000 sq. ft. and plans to open by the end of March.

    The Francis Lewis Boulevard tenant lineup also includes McDonalds, First Savings Bank, Kumon and Aphrodite Sweets.

  • DC Homevet to Brookland Plaza in Washington, D.C.

    Washington, D.C. — DC Homevet has leased a 4,400-sq.-ft. location in Brookland Plaza in Washington, D.C.’s northeastern quadrant. DC Homevet will operate District Veterinary Hospital and Concierge Medicine Center. The Center will provide medicine, surgery, concierge and specialized services primarily for dogs and cats.

    Divaris Real Estate, the property’s leasing agent, represented the landlord, Jan and Anna Slamen Family Trust in the transaction.

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