Content about Newsletter: OnSite

July 30, 2014

CBRE Group, Inc. announced that Geoffrey Harris has joined the firm’s Capital Markets’ Debt and Structured Finance team as senior VP.

Phoenix — CBRE Group, Inc. announced that Geoffrey Harris has joined the firm’s Capital Markets’ Debt and Structured Finance team as senior VP.

Based in Phoenix, Harris will play a key role in originating net-leased transactions for the firm nationally, in the multi and single-tenant, office, retail and industrial properties space.

Harris joins CBRE from Meridian Capital where he was managing director. He previously served as VP of Capital Markets at Marcus & Millichap.

July 30, 2014

Alimentation Couche-Tard Inc. will acquire 55 Super Pantry convenience stores and related assets from Tri Star Marketing Inc.

Laval, Canada - Alimentation Couche-Tard Inc. will acquire 55 Super Pantry convenience stores and related assets from Tri Star Marketing Inc. Fifty-one of the stores are located in the state of Illinois ,and four stores located in the state of Indiana. These stores offer Phillips 66 and Mobil branded motor fuel.

July 30, 2014

RKF has arranged a 1,900-sq.-ft. lease with high-end bedding retailer Duxiana at 9 West 20th Street in the Flatiron District.

New York — RKF has arranged a 1,900-sq.-ft. lease with high-end bedding retailer Duxiana at 9 West 20th Street in the Flatiron District. Located on the north block between Fifth and Sixth Avenues, this will become Sweden-based Duxiana’s third Manhattan location, and marks the brand’s return to the Flatiron District after a previous relocation.

July 30, 2014

Expenses associated with the development of its e-commerce platform helped drive net income at Big 5 Sporting Goods Corp. down 59% to $2.5 million in the second quarter of fiscal 2014, from $6.1 million in the same quarter a year earlier.

El Segundo, Calif. – Expenses associated with the development of its e-commerce platform helped drive net income at Big 5 Sporting Goods Corp. down 59% to $2.5 million in the second quarter of fiscal 2014, from $6.1 million in the same quarter a year earlier.

For the fiscal 2014 full year, Big 5 currently anticipates opening approximately 12 net new stores

July 30, 2014

Nordstrom has announced plans to open a Nordstrom Rack at the Empire Outlets in Staten Island.

New York — Nordstrom has announced plans to open a Nordstrom Rack at the Empire Outlets in Staten Island. The 34,000-sq.-ft. store is scheduled to open in fall 2016. The property is being developed by BFC Partners.

July 30, 2014

AVI Foodsystems and Cafaro Co. have teamed to bring Bob Evans Farms into the mall food court environment.

Youngstown, Ohio — AVI Foodsystems and Cafaro Co. have teamed to bring Bob Evans Farms into the mall food court environment.

Warren, Ohio-based AVI collaborated with Bob Evans Farms to introduce Bob Evans Express, which scales down the traditional Bob Evans restaurant into a concept that works in venues such as workplace cafes, airports, travel plazas and universities.

July 30, 2014

Net income at Destination Maternity Corp. fell 36% to $5.5 million in the third quarter of fiscal 2014 from $8.6 million a year earlier.

Philadelphia – Net income at Destination Maternity Corp. fell 36% to $5.5 million in the third quarter of fiscal 2014 from $8.6 million a year earlier. Expenses related to the planned relocation of Destination Maternity’s corporate headquarters and distribution facilities, as well as costs related to its proposed and withdrawn merger with Mothercare plc, drove the reduction in net income.

July 30, 2014

RadioShack is opening 21 new interactive remodel stores in the San Francisco Bay Area.

Fort Worth, Texas -- RadioShack is opening 21 new interactive remodel stores in the San Francisco Bay Area. RadioShack began remodeling and opening highly experiential concept stores across the country in July 2013, and has refreshed its more than 4,000 U.S. company-owned stores.

July 30, 2014

Wegmans Food Markets Inc. plans to open 10 new stores in the Northeast and mid-Atlantic regions.

Rochester, N.Y. – Wegmans Food Markets Inc. plans to open 10 new stores in the Northeast and mid-Atlantic regions. The stores include one in Maryland, two in Massachusetts, two in New Jersey, one in Pennsylvania, and four in Virginia.

July 30, 2014

Regency Centers announced the groundbreaking of a new 40,000-sq.-ft. Whole Foods Market, located 25 miles from downtown Chicago in Schererville, Indiana.

Chicago — Regency Centers announced the groundbreaking of a new 40,000-sq.-ft. Whole Foods Market, located 25 miles from downtown Chicago in Schererville, Indiana.

The new store, situated in The Shops on Main shopping center, is projected to open in fall 2015. Current tenants include Homegoods, Gordmans, Ross Dress for Less, and DSW Designer Shoe Warehouse.

July 29, 2014

Academy Sports + Outdoors will open four stores in the Orlando, Florida, area in 2015.

Katy, Texas - Academy Sports + Outdoors will open four stores in the Orlando, Florida, area in 2015. The four stores will be located in Kissimmee, Lake Mary, Waterford Lakes and Melbourne.

July 29, 2014

Kahala Brands, the parent company of Cold Stone Creamery, has signed a 10-year master franchise agreement with Om Nom Nom Mauritius Ltd. (ONN Ltd.) in Kenya.

Scottsdale, Ariz. - Kahala Brands, the parent company of Cold Stone Creamery, has signed a 10-year master franchise agreement with Om Nom Nom Mauritius Ltd. (ONN Ltd.) in Kenya. There are seven stores slated to open during a five-year period and the first location will be in the capital city of Nairobi, scheduled to open in late September.

ONN Ltd. will offer luxury products as well as ice cream to Kenyan consumers.

 

July 29, 2014

Elad Group, developer of condominium complex 22 Central Park South, has partnered with Bergdorf Goodman to produce a model residence decorated with accessories and art from the store's Decorative Home floor.

New York -- Elad Group, developer of condominium complex 22 Central Park South, has partnered with Bergdorf Goodman to produce a model residence decorated with accessories and art from the store's Decorative Home floor. The partnership also offers buyers the opportunity to be a part of an exclusive personal shopping and consulting program.

July 29, 2014

Jamba Inc., parent company of the Jamba Juice chain, is launching a new franchise recruiting campaign focused on single-store development in existing and new domestic markets.

Emeryville, Calif. – Jamba Inc., parent company of the Jamba Juice chain, is launching a new franchise recruiting campaign focused on single-store development in existing and new domestic markets. Jamba is looking to add 500 new domestic stores in the next five years and double year-over-year store development via the new recruiting program.

July 29, 2014

Retail experts from professional services and investment management firm JLL are managing two new shopping centers.

Chicago – Retail experts from professional services and investment management firm JLL are managing two new shopping centers. JLL has been retained by Ashkenazy Acquisition Corp. to manage Beverly Connection, a 348,285-sq.-ft. shopping mall in Los Angeles, and also been retained by 759 Ventures LLC to manage the 58,280-sq.-ft. 2424 North Davidson Street center in Charlotte, North Carolina.

July 29, 2014

When Cypress Equities completes its plan for updating the interior and exterior of Lloyd Center, located in the heart of the Lloyd District adjacent to downtown Portland, Oregon, it will have executed a vision for a comprehensive redevelopment of the historic shopping center.

When Cypress Equities completes its plan for updating the interior and exterior of Lloyd Center, located in the heart of the Lloyd District adjacent to downtown Portland, Oregon, it will have executed a vision for a comprehensive redevelopment of the historic shopping center.

The circa 1960 mall – the largest of its kind when it opened – will receive the following improvements:

July 29, 2014

Westchester’s Ridge Hill shopping center will host a special “pop-up” event with MakerBot showcasing its 3-D printing technology on July 24, from 6-9 p.m.

Yonkers, N.Y. - Westchester’s Ridge Hill shopping center will host a special “pop-up” event with MakerBot showcasing its 3-D printing technology on July 24, from 6-9 p.m.  There will be live demonstrations, jewelry design classes and equipment available for sale at the event.

July 29, 2014

Regency Centers Corporation is starting construction on a new 40,000-sq.-ft.Whole Foods Market.

Chicago - Regency Centers Corporation is starting construction on a new 40,000-sq.-ft.Whole Foods Market. The new store, located 25 miles from downtown Chicago in Schererville, Ind., is projected to open in the fall of 2015, joining existing tenants Homegoods, Gordmans, Ross Dress for Less, DSW Designer Shoe Warehouse and many others.

July 28, 2014

Dunkin' Donuts has signed a multi-unit store development agreement with new franchisees, Brian and Sharon Weidendorf, to develop seven restaurants in Duluth, Minnesota, and the surrounding areas.

Canton, Mass. - Dunkin' Donuts has signed a multi-unit store development agreement with new franchisees, Brian and Sharon Weidendorf, to develop seven restaurants in Duluth, Minnesota, and the surrounding areas. The first restaurant is planned to open in spring 2015.

July 28, 2014

David E. Pratt has joined Trademark Property Co. as VP mall and lifestyle leasing.

Fort Worth, Texas - David E. Pratt has joined Trademark Property Co. as VP mall and lifestyle leasing. Pratt brings 27 years of retail leasing experience to Trademark, where he will be responsible for leasing of the company’s lifestyle centers and malls.

July 28, 2014

Guitar Center will open a flagship in Manhattan’s Times Square on Aug. 7.

Los Angeles -- Guitar Center will open a flagship in Manhattan’s Times Square on Aug. 7.

The store is located in the original New York Times building. Designed by Eight Inc., the space will offer a high-energy, hands-on environment in which customers are encouraged to interact with the wide selection of instruments and staff.  

July 28, 2014

Global real estate investment and services firm Kennedy Wilson has closed four retail and entertainment lease transactions in Hollywood, Santa Monica and Westchester.

Los Angeles – Global real estate investment and services firm Kennedy Wilson has closed four retail and entertainment lease transactions in Hollywood, Santa Monica and Westchester. This collection of new leases, which carry an aggregate value of more than $3 million, points to an uptick in the Los Angeles retail market.

July 28, 2014

Bill Bishop has been named VP of real estate and development of convenience store chain Parker’s, a new position for the company.

Savannah, Ga. - Bill Bishop has been named VP of real estate and development of convenience store chain Parker’s, a new position for the company. He will work with president and CEO Greg Parker on the company’s strategic real estate negotiations and acquisitions, citing research and permitting coordination with local officials.

July 28, 2014

Meijer is reportedly focusing on making its apparel, footwear and accessories assortment more appealing to fashion-conscious customers.

Grand Rapids. Mich. – Meijer is reportedly focusing on making its apparel, footwear and accessories assortment more appealing to fashion-conscious customers. According to the Detroit News, Meijer is taking steps including redesigning its stores, hiring outside consultants and launching a multimedia marketing campaign to improve the appeal of apparel and related categories.

July 28, 2014

Forest City Ratner Companies (FCRC), owner and developer of Westchester’s Ridge Hill, will host DreamPlace, an interactive Santa adventure.

Brooklyn, N.Y. - Forest City Ratner Companies (FCRC), owner and developer of Westchester’s Ridge Hill, will host DreamPlace, an interactive Santa adventure. DreamWorks Animation has chosen Westchester’s Ridge Hill as one of just seven locations around the country, and the only one in the Northeast during the 2014 holiday season.