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REAL ESTATE

  • Corner Bakery Café continues California expansion

    Dallas - Corner Bakery Cafe has awarded its first multi-unit development agreement of 2014, and plans to open nine new restaurants in the Central Valley area of California with new franchise partner C&L Cafe, LLC. The group of veteran restaurant operators plans to open its first cafes in 2014 and the remaining sites over the next five years.

  • Whole Foods acquires seven Dominick’s leases in Chicago area

    Austin, Texas -- Whole Foods Market has acquired leases from Safeway Inc. for seven locations formerly operated as Dominick's stores. Terms of the agreement were not disclosed.

  • DD’s Discounts to relocate Texas store

    Pleasanton, Calif. – DD’s Discounts, a division of Ross Stores, Inc., will relocate its Arlington, Texas, store on Feb. 8. The newly relocated store is in Four Corners Shopping Center.

    Overall, DD’s Discounts operates 131 locations in 10 states, including 25 in Texas.

  • PriceSmart to open two stores in Colombia

    San Diego – On Jan. 30, 2014, PriceSmart, Inc. acquired approximately 147,000 usable sq. ft. of land in the city of Medellin, Colombia, and leased approximately 126,000 usable sq. ft. of land in the city of Bogota, Colombia, upon which the company plans to construct two new warehouse club stores. These two warehouse clubs are currently planned to open before the end of calendar year 2014.

  • Mid-America names assistant asset manager

    Oakbrook Terrace, Ill. — Mid-America Asset Management recently appointed Teddy Adamczyk as assistant asset manager.

    His new responsibilities include acting as a liaison with clients, tenants, local governments and corporate offices on all property related matters and day-to-day retail center management. Prior to joining Mid-America, Adamczyk worked in the insurance industry.

  • Rent-A-Center opens store in Bartlett, Tenn.

    Plano, Texas -- Rent-A-Center has opened its newest location in Bartlett, Tenn. Rent-A-Center operates 82 locations in the state of Tennessee.

    The retailer also operates more than 3,000 stores in the U.S., Puerto Rico, Canada and Mexico. It employs more than 21,000 workers.

  • Nordstrom to relocate Hawaii store

    Seattle - Nordstrom, Inc. plans to relocate its full-line store to a new space within Ala Moana Center, Honolulu, Hawaii. The new three-level, approximately 186,000-sq.-ft. store is expected to open spring 2016.

  • WinCo enters Dallas-Fort Worth market

    Boise, Idaho - WinCo Foods, LLC will open its first discount supermarkets in the state of Texas on Feb. 6, in the cities of Fort Worth and McKinney. The stores are each approximately 95,000 sq. ft. in size and include WinCo's newest decor package creating an efficient, clean feel that highlights product and coordinates with the hundreds of WinCo Foods private label products the company has recently introduced.

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