Company news

Davenport, Iowa — Macerich and CBRE have formed a leasing partnership for NorthPark Mall, an 855,000-square-foot regional mall located in Davenport. Riley Hogan of CBRE is the local lead CBRE representative and will oversee marketing and leasing strategies for the property. Dillard’s, JCPenney and Von Maur anchor NorthPark Mall, which features a mix of additional tenants including H&M, Windsor, Dry Goods, Barnes & Noble, Olive Garden, R&C Brazilian Steakhouse, Osaka Sushi Bar and Chick-fil-A.

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Academy Sports + Outdoors

Katy, Texas — Katy, Texas-based Academy Sports + Outdoors has opened 11 new stores in the third quarter of this year, with plans to debut a total of up to 25 new locations in 2025. The sporting goods and outdoor recreation retailer has already launched three new locations in Boardman, Ohio; Beaufort, South Carolina; and Virginia Beach, Virginia; and will open eight more stores in fall 2025 in Rome, Georgia; Cullman, Alabama; Mishawaka, Indiana; Lakeland, Florida; Columbia, Tennessee; Albany, Georgia; Palestine, Texas; and Batesville, Mississippi. The 11 new store openings this …

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Eaglewood Shops

Boston — Boston-based Wilder has been selected to provide management services for 74 retail properties across Massachusetts, New Hampshire and Rhode Island on behalf of Linear Retail Properties. With the addition of these properties, Wilder’s portfolio now exceeds more than 100 locations, ranging from Maine to Florida.

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Carriage Square

Oxnard, Calif. — Calabasas, California-based NewMark Merrill Cos. has been selected to provide management services at Carriage Square, a 205,565-square-foot shopping center located in Oxnard. NewMark Merrill now owns and/or manages 110 shopping centers across California, Colorado and Illinois. Originally built in the 1960s, Carriage Square underwent a major redevelopment in 2011 to improve its existing retail space, such as constructing a new 171,069-square-foot retail pad for Lowe’s. Other tenants at the center, which is fully occupied, include KFC, IHOP, O’Reilly Auto Parts, 7-Eleven, Master’s Donuts and Pacific Oaks Federal …

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Rita’s Italian Ice & Frozen Custard

Philadelphia — Pennsylvania-based Rita’s Italian Ice & Frozen Custard plans to open 19 new stores in the fourth quarter as part of an initiative to launch nearly 40 locations in 2025. In the first half of the year, the restaurant chain opened 16 new shops, including locations in Grand Rapids, Michigan; Nexton, South Carolina; and Liberty Township, Ohio. Newly debuted drive-thru models in Fort Worth, Texas, and Cleveland, Ohio, have been a contributing factor to Rita’s expansion efforts, according to company representatives. Founded in 1984, Rita’s Italian Ice & Frozen Custard …

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Dallas — Dallas-based pickleball-themed entertainment venue The Pickle Pad has signed a four-unit franchise agreement across four different markets including Oak Bridge, New Jersey; Port Arthur, Texas; Hoover, Alabama; and Tampa, Florida. The company currently has seven locations under development, while preparing to open three new venues in Myrtle Beach, South Carolina; St. George, Utah; and Newport News, Virginia. While opening dates have not been announced, each location will feature multiple pickleball courts, food-and-beverage offerings, open green spaces and social and lawn games.

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Bojangles

New York City — Bojangles has signed a franchise agreement to open 20 new units in New York City. Restaurant owner and operator Habib Hashimi of Hashimi Holding Corp. will bring the fast-food concept to the city over the next decade, after a nearly 40-year absence. Construction is underway with Bojangles’ first location in NYC in the East Flatbush neighborhood of Brooklyn, which is anticipated to open this winter. As part of Bojangles’ broader expansion across the New York metro area, the company also recently signed an agreement with a …

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Claire's store

Hoffman Estates, Ill. — Claire’s U.S., the operator of Claire’s and Icing stores across the United States, has filed for Chapter 11 bankruptcy protection in Delaware. The jewelry retailer listed both its liabilities and assets between $1 billion to $10 billion. Hoffman Estates-based Claire’s previously filed for Chapter 11 bankruptcy in 2018. Claire’s says that the proceedings will enable the company to immediately commence the monetization process for its assets to maximize value for the business. The retailer is continuing a comprehensive review of strategic alternatives, including discussions with potential …

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Bell Tower

Fort Myers, Fla. — DLC has been selected to provide management services for Bell Tower Shops, a 365,000-square-foot open-air lifestyle center located in Fort Myers. Elmsford, New York-based DLC will lead the property’s leasing and day-to-day operations as part of its third-party management portfolio. The Fresh Market, Nordstrom Rack, Dave & Buster’s and Regal Cinemas anchor the property. Other tenants include Ulta Beauty, Sunglass Hut, Talbots, The Capital Grille, Tap 42, Daruma Japanese Steakhouse and McGregor’s Public House. The center was renovated in 2018 with improvements such as redesigned storefronts, …

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Wayfair's Denver store

Denver — Online retailer Wayfair will open a 140,000-square-foot store in Denver. Situated within The Shops at Northfield, this will mark Wayfair’s third store announcement this year, and its fourth large-format location overall. The store is scheduled to open in late 2026. The Denver location will span two floors and feature 19 departments. Erik Christopher, Tami Lord and Tony Pierangeli of SRS Real Estate Partners, as well as Matt Curtin of Newmark, led lease negotiations in the transaction. Wayfair’s first physical retail store opened in May 2024 in Wilmette, Illinois, while its second location in Atlanta …

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