REAL ESTATE

Fort Worth, Texas -- Trademark Property Co. is launching a micro-restaurant program dedicated to attracting unique restaurant concepts to Waterside in Fort Worth, Texas.

Location: Minnetonka, Minnesota

Size: 155,000 sq. ft.

Owner: 1700 Plymouth LLC (a joint venture, including co-developers Paster Properties LLC and Bader Development LLC)

Key Tenants: Signed lease with Highland Bank, and currently in negotiations with several retailers

Location: Fort Worth, Texas

Size: 63-acre mixed-use development, 175,000 sq. ft. to 200,000 sq. ft. of retail space and riverside restaurants, 20 acres of multi-family and townhomes, 200,000 sq. ft. of office space, and a signature hotel site

Owner: Trademark Property Co. Key Tenants: Whole Foods Market, REI, Taco Diner, Zoes Kitchen, Blaze Fire’d Pizza and Sleep Train

Chain Store Age talked with Michael Puline, senior VP of leasing, Mid-Atlantic and Southeast, for DLC Management Corp., about trends, technology, and projects on the board.

[quote-from-article] If you could isolate five current trends in retail real estate, what would they be?
Here are my top five:

The retail real industry has experienced its share of changes over the years, but nothing comes close to the transformation that it is currently undergoing.

As the industry undergoes what the International Council of Shopping Centers calls one of the “most profound transformations” in its 60-year year history, the association has releases its Envision 2020 report, a collaborative initiative that outlines where the industry will be in five years according to leaders from around the globe.

Location: Doral, Florida

Size: 600,000 sq. ft.

Owner: The Related Group, Related Development LLC, Shoma Homes

Key Tenants: Fresh Market, CinéBistro-Cobb Theatre, Kings Bowling

Other uses/components: 1,000 new luxury residences

Status: Under construction, set for completion Q4 2016

Location: Plymouth Meeting, Pennsylvania

Size: 948,000 sq. ft.

Owner: PREIT

Key Tenants: Whole Foods Market, Dave & Buster’s, Redstone American Grill, P.F. Chang’s, Benihana, California Pizza Kitchen, Zoes Kitchen, American Eagle Outfitters, Charming Charlie, Express, Gymboree, H&M, J.Crew Factory, Orvis

Gaithersburg, Md. -- Retail Properties of America, Inc. announced GreatGatherings a 16,825 sq. ft. store will join Downtown Crown located in Gaithersburg, Maryland. RPAI acquired Downtown Crown in January 2015 with a lease rate of 77.5%, the centers lease rate is now 88.7%.