REAL ESTATE

Grand Rapids, Mich. — Meijer will open a 190,000-sq.-ft. supercenter in Danville, Ill., on Nov. 7, the sixth new Meijer store to open this year.

The family-owned retailer, which opened its first store in 1934, now has 204 stores throughout the Midwest.

Peoria, Ill. — AMC Theatres plans to open a new 40,000-sq.-ft. eight-screen theater complex at the Streets of St. Charles, a 400,000-sq.-ft. mixed-use project in the St. Louis metropolitan area.

Slated to open in the fall of 2014, AMC will join a mix of retail, restaurant and office tenants. Restaurants include Tucanos Brazilian Grill, Prasino and Five Guys Burgers & Fries. Bar Louie plans to open next spring.

Tarrytown, N.Y. — DLC Management Corporation, a national owner and operator of open-air shopping centers, announces the following new leases that were signed in October 2013:

•    Back to Bed, 3,852 SF, Crossroads Shopping Center – Schererville, Ind.
•    Better Sofas, 3,590 SF, Southwest Plaza – Roanoke, Va.

•    China Buffet, 4,500 SF, King City Square – Mount Vernon, Ill.


Fort Worth, Texas — Trademark Property Co. has announced the opening of a 15,000-sq.-ft. DSW Designer Show Warehouse and a 35,000-sq.-ft. Havertys, a full-service home furnishings retailer, in Alliance Town Center in north Fort Worth, Texas. Both are scheduled to open Labor Day weekend of 2014.

Construction is scheduled to begin late this year or early next year on both stores. In addition, construction continues on several other tenants, including two new eateries scheduled to open this December.

San Bernardino, Calif. — Stater Bros. has announced the opening of a new supermarket in Moreno Valley, Calif., on Nov. 13. A ribbon cutting ceremony will be held in the parking lot at 8:15 a.m.

The 43,670-sq.-ft. store will be the fourth location for Stater Bros. in Moreno Valley.

Fort Worth, Texas -- RadioShack will open its newest Houston location as a concept store on Nov. 9. All concept stores in the company's portfolio feature an upgraded shopping experience, which showcases the company's new look, and incorporates interactive areas designed to help shoppers improve their technology profile.

Some features include:

Dallas — The Retail Connection and Oakridge Investments have announced a partnership to build the Crossroads at Terrell, a regional power center at the intersection of I-20 and U.S. Highway 80 in Terrell, Texas. The 225,000-sq.-ft. Phase I of the development will break ground late next year.

Chicago — Employment growth in science, technology, engineering and mathematics and the continuing recovery in the U.S. housing market have begun to affect all sectors of commercial real estate, according to Jones Lang LaSalle’s “Cross Sector Outlook.”

Total sector commercial real estate volumes in the first three quarters of 2013 have reached $208.82 billion, an increase of 30% over the same period in 2012, said the report.