Premier Retail commercial real estate news, analysis, trends and information including shopping centers, malls, strip centers, big boxes, mixed-use, grocery, neighborhood and high-street segments deals and players.
ATLANTA-Former chief financial officer Dennis Carey will oversee construction and store planning as the newly named executive vice president of business development, strategy and corporate operations where his responsibilities will include monitoring the company's real estate portfolio.
ATLANTA-The state Department of Community Affairs and the Georgia Regional Transportation Authority will require development of regional impact studies on retail projects over 300,000 sf and office deals over 400,000 sf.
AUSTIN-Fired Up has struck a franchise deal with a major player in the United Arab Emirate. Four UAE eateries will be opened under the pact, which had been signed on the eve of today's Johnny Carino's Nile City riverboat opening in Cairo.
CHICAGO-Two city blocks north of the Ogilvie Transportation Center will be turned into a 200,000-sf retail market by a joint venture between commuter rail agency Metra and US Equities Realty, LLC.
SAN LEANDRO, CA-A new Century 16 Theater is open at the 40-year-old Bayfair Mall here, and mall owner Heitman Retail Properties of Chicago, says the $12 million project should do wonders for mall anchors Long's Drug and Macy's.
SAN JOSE, CA-A new director of leasing and two new reps are hired for the Rockville, MD-based REIT's master planned mixed-use community scheduled to open here in mid-2002 with 680,000 sf of shops and restaurants.
MINNEAPOLIS-The financial services firm wants high-traffic locations near large retail developments. The sites need to be about 1.5 acres - large enough to accommodate 5,000-sf buildings.
RARITAN TWP., NJ-After a 145-year run at the old Flemington Fairgrounds, the Hunterdon County will apparently do one more encore before developers move in and construct a 550,000 sf shopping center.
EDEN PRAIRIE, MN-SuperValu takes a $240-million restructuring hit and loses $1.7 billion in revenue with the defection of wholesale client Kmart. However, it plans to add up to 15 superstores and 120 smaller stores.