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REAL ESTATE

  • Crunch Fitness: Eight-plus locations for Dallas

    Dallas — Crunch Fitness is coming to Texas. Dallas entrepreneur, author and founder of Planet Tan, Tony Hartl plans to roll out eight to 10 Crunch Fitness locations in the Dallas-Fort Worth metro area by 2016.

  • DDR sell all of its Brazil holdings for $344 miilion

    Beachwood, Ohio — DDR has signed a letter of intent to sell its 50% ownership interest in Sonae Sierra Brazil BV Sarl, a Luxembourg company, to Alexander Otto and his affiliates for $343.6 million. DDR’s interest in SSB BV Sarl represents the company’s entire investment in Brazil. The gross proceeds of $346.6 million include $283 million from the negotiated price of R$26.00 per share of SSB, a 67% premium to the closing price on the IBOVESPA as of March 7, and DDR’s stake in Parque Dom Pedro, valued at $60.7 million.

  • Starbucks, Disney to partner on six stores

    Seattle - Starbucks Coffee Company and the Disneyland Resort will open a new company-owned Starbucks location at Downtown Disney in Anaheim, Calif. This store will be the first of four to be operated by Starbucks across Disney properties in the U.S.

  • Cinemark Movie Bistro to Rayzor Ranch in Denton, Texas

    Phoenix — An eight-screen Cinemark Movie Bistro will open at Rayzor Ranch Town Center, a new open-air retail and entertainment destination set to break ground later this year in Denton, Texas.

    The state-of-the-art cinema will join a 126,000-sq.-ft. Dillard’s in anchoring Rayzor Ranch. Both are planning grand openings for summer 2015.

  • Lane Bryant to Pembroke Gardens in Pembroke Pines, Fla.

    Columbus, Ohio — Lane Bryant has opened a new store at The Shops at Pembroke Gardens, a lifestyle center in Pembroke Pines, Fla.

    The grand opening celebration will take place March 7 – 9. Lane Bryant, a wholly owned subsidiary of Ascena Retail Group, owns and operates 805 stores nationwide.
     

  • Ross Stores opens 37 locations, plans 95 new stores

    Dublin, Calif. -- Ross Stores recently opened a total of 30 Ross Dress for Less and seven DD’s Discounts stores in 14 different states. These openings are part of the off-price retailer's 2014 expansion plans for about 95 new stores, which will include continuing to build presence in existing markets and grow in the newer markets initially entered in 2011.

    Ross believes that long-term expansion opportunities include 2,000 Ross Dress for Less stores and 500 DD’s Discounts stores.

  • Domino’s plans Paraguay expansion

    Ann Arbor, Mich. - Domino's Pizza is opening its first store in Paraguay. Grupo Vierci, master franchisee for Domino’s Pizza Paraguay, plans to open three new stores in the Asuncion area of the country by the end of May 2014.

  • Tile Shop opens Albuquerque store

    Minneapolis - The Tile Shop has expanded its presence into New Mexico with the opening of its Albuquerque store. The Tile Shop’s new 22,000-sq.-ft. Albuquerque location features fully decorated, room-size displays — kitchens, baths, and other spaces within a home, as well as premium lighting and plumbing fixtures that allow homeowners to see what their Tile Shop tile and stone will look like installed in their home.

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