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REAL ESTATE

  • Belk to Juban Crossing in Livingston Parish, La.

    Charlotte, N.C. — A 75,000-sq.-ft. Belk will anchor the Juban Crossing lifestyle center in Livingston Parish, La., in the fall of 2014. Construction of the $7 million store will begin in February.

  • Shopko announces plans for two new Hometown stores

    Green Bay, Wis. -- Shopko announced plans to open two new Shopko Hometown stores. The stores, which will average 36,000 sq. ft., are located in Mayville, Wis., and Valentine, Neb.

  • CBRE: Retail real estate shows strongest growth

    Los Angeles — Retail real estate showed the strongest growth in capital values and rents of all property types globally in the third quarter of 2013, according to CBRE Group, Inc.

  • EDENS earns two ICSC Gold awards

    Washington, D.C. — ICSC has named EDENS the winner of two gold awards for its Mosaic development in Fairfax, Va. The awards were for the ICSC United States Gold Design and Development Award in the categories of New Development and Sustainable Design. ICSC announced the winners at the annual Retail Green and CenterBuild Conference in Phoenix.

  • The Fresh Market is going to Jupiter, Fla.

    Jupiter, Fla. — The Fresh Market has signed on as anchor tenant at The Shops at Fisherman’s Wharf in Jupiter, Fla., according to Elion Partners, a real estate investment firm that acquired the property in August. The specialty grocer plans to open in the summer of 2014.

    Now under renovation, the 5.5-acre shopping plaza will soon resemble a European village with a pedestrian-friendly setting and a selection of new retailers.

  • JLL closes sale of Houston’s Northwest Crossing Centre

    Houston Jones Lang LaSalle’s Capital Markets group has closed the sale of Northwest Crossing Centre, a 179,469-sq.-ft., fully leased shopping center in Houston. USA Properties purchased the property from Weingarten Realty. JLL secured 10-year, fixed-rate financing for the acquisition.

  • Online retailer Respect Your Universe to open its first store

    Portland, Ore. – The online active lifestyle apparel retailer Respect Your Universe has signed a five year lease with General Growth Properties Inc. to open its initial flagship store in downtown Seattle at Westlake Center. The retailer has partnered with Los Angeles-based architect and retail strategist Richard Altuna to design the 2,082-sq.-ft. flagship store.

  • Casey’s improves net income 24% in Q2; plans 70-105 new stores annually

    Ankeny, Iowa – Casey’s General Stores’ net income rose more than 24% during the second quarter of fiscal 2014, to $41.3 million from $32.8 million. The company also boosted revenue 5% to $2.01 billion from $1.91 billion.

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