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REAL ESTATE

  • Panera Bread to N. Canton, Ohio, Hoover District

    North Canton, Ohio — Construction of a new Panera Bread will get underway this spring in the Hoover District of North Canton, Ohio. The first retail establishment in the Hoover District, the restaurant plans to open this fall.

    Being developed by Industrial Realty Group, the Hoover District is a mixed-use redevelopment envisioned as a live-work-play environment.

  • Uniqlo to make Southern California debut

    Costa Mesa, Calif. — Uniqlo is expanding into Southern California. The Japanese apparel retailer will open its first stores in the region this fall, at the Beverly Center in Los Angeles and South Coast Plaza in Costa Mesa.

    Uniqlo announced announced it will an additional location in Northern California, at the Sunvalley Shopping Center in Concord. Also in the works: a store at Stamford Town Center, Stamford, Conn.
     
    The retailer, owned by Japanese holding company Fast Retailing Co., currently has 17 stores in the United States.

  • Westwood redoes North Park Plaza in Phoenix

    Los Angeles, Calif. — Westwood Financial Corp., a national owner-operator of shopping centers, has completed remodeling work at North Park Plaza shopping center in Phoenix, Ariz. Safeway anchors the center. Regional and national tenants include Frazee Paint, Peter Piper Pizza, Subway and Great Clips.

    Improvements to the 101,361-sq.-ft. center include a new façade, covering columns with stone, refreshed landscaping and a two-tone paint color scheme.

  • Sidecar takes Broadway Village space

    Tucson, Ariz. — Sidecar, a craft beer and cocktail bar, will open in June in Tucson, Ariz., at Broadway Village plaza. The 963-sq.-ft. space will seat about 40 people inside and 12 or so people outside on the patio. Commercial Retail Advisors represented the landlord, CRI Broadway Village Partners in the transaction. Sidecar represented itself.

     

     

  • Destin Commons adds two retailers

    Destin, Fla. — Charming Charlie and Icing by Claire’s will open at Destin Commons in Destin, Fla., next summer as part of the Northwest Florida center’s 100,000-sq.-ft. expansion.

    H&M and Uncle Buck’s Fish Bowl & Grill will anchor the expansion wing.

    Charming Charlie, a fashion accessories retailer, will occupy more than 6,000 sq. ft. next to Uncle Buck’s.

  • Retail Properties of America names VP

    Oak Brook, Ill. — Retail Properties of America has appointed Matthew Beverly VP, director of investments — east region. In his new post, Beverly will lead investment activity through the evaluation and execution of acquisition and dispositions for all markets east of the Mississippi River.

  • CIM Group buys 7 properties, 2 with retail

    Los Angeles, Calif. — CIM Group has acquired a seven-asset portfolio that includes an office tower with ground floor retail and an enclosed regional shopping mall.

  • Gourmet Garage to sixth Manhattan location

    New York City — Gourmet Garage, an upscale market with five Manhattan locations, has signed a lease for a sixth Manhattan location at Collect Pond House, a co-op building at 366 Broadway.

    The market will occupy approximately 6,435 sq. ft. on the ground floor and 3,510 sq. ft. in the lower level. An additional 910 sq. ft. in the mezzanine will provide seating.

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