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REAL ESTATE

  • Customer understanding key to retailer success

    New York -- Customer analytics is a key component to retail success; CSA talked with Buxton's Bill Stinneford at NRF's Big Show in New York City about tech trends and the importance of understanding exactly who your customer is.  

    Watch video here.

  • Academy Sports + Outdoors moving Eastward with four stores in Orlando area

    New York -- Academy Sports + Outdoors will celebrate the simultaneous opening of four stores in the Orlando, Florida, area in March.

    The new stores will be located in Kissimmee, Waterford, Lake Mary and Melbourne and will open simultaneously at 8:30 a.m. on March 6. The openings mark the Katy, Texas-based company’s furthest expansion eastward to date.

    The $4 billion sporting goods retailer has entered into a multi-year partnership with the Orlando City Soccer Club beginning with the team's inaugural 2015 season.  

  • Donahue Schriber acquires Whole Foods-anchored Gilman Village

    Berkeley, Calif. -- Donahue Schriber Realty Group acquired Gilman Village on January 30, marking the Costa Mesa, California-based company’s second Bay Area acquisition in the past month.

    Besides the Gilman Village acquisition in Berkeley, California, Donahue Schriber purchased Village Oaks shopping center, a 320,000-sq.-ft. property anchored by Target and Safeway located in San Jose, California.

  • Target to open 15 stores in 2015, including eight smaller-former TargetExpress locations

    Minneapolis — Target Corp. is opening 15 stores this year, with an emphasis on its smaller-sized TargetExpress format as it looks to further reach guests in urban centers. The discounter will open eight TargetExpress locations, one CityTarget and six general merchandise stores.

    Target stated that its strategic store growth is focused on reaching guests in urban centers with new formats like TargetExpress and CityTarget, while also offering new experiences, merchandising layouts and innovations in its general merchandise stores.

  • 5th Street Station breaks ground with area’s first Wegmans

    Charlottesville, Va. -- Construction has begun on a new 73-acre, super-regional shopping center, 5th Street Station, in the heart of southern Charlottesville. 5th Street Station brings the first Wegmans store to Central Virginia, along with 335,000 sq. ft. of additional anchor, junior anchor and small-shop opportunities.  

  • Sears leases two mall stores to Primark

    Hoffman Estates, Ill. –  As part of a 2014 announcement in which Sears Holdings Corp. said it had entered into lease agreements with European fashion retailer Primark for seven standalone stores in the Northeastern United States, the retailer said that two of these seven locations will be at Danbury Fair in Danbury, Connecticut; and Freehold Raceway Mall in Freehold, New Jersey.  

  • Sembler closed year with deals in new markets, increased occupancy rates

    St. Petersburg, Fla. -- In 2014, The Sembler Co. said it saw increased activity across business segments, from more than 700,000 sq. ft. of new and renewed leases, to expanding the company’s geographical reach.

  • Domino’s franchise buys 45 Indiana stores

    Ann Arbor, Mich. - RPM Pizza LLC, the largest U.S. Domino's franchise, is getting a little bigger. RPM has acquired 45 Domino's stores throughout Indiana. RPM Pizza, headquartered in Gulfport, Mississippi, will purchase 45 stores in Indiana in the biggest franchise-to-franchise purchase in Domino's history.

    The acquisition includes nearly 40 stores in the Indianapolis metro area, and stores serving South Bend and Lafayette. Once completed, the acquisition will give RPM Pizza operations in seven states, employing more than 3,800 workers.

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