Retailers

LeasingNewsRetailersWest Virginia

Hibbett Sports Opens 5,600-Square-Foot Store at Mall in Morgantown, West Virginia

by Alex Tostado

Morgantown, W.Va. — Hibbett Sports has opened a 5,600-square-foot store within Morgantown Mall. The Birmingham, Ala.-based sports retailer offers brands such as Nike, Under Armour, Jordan, The North Face and Adidas. The new location implements the company’s new store design, which features an open concept, phone charging stations and other amenities for customers to experience. The mall location also offers online, pick-up in-store and curbside pick-up shopping options. Morgantown Mall is located at 9235 Mall Road, three miles southwest of downtown Morgantown and three miles south of West Virginia University.

Continue Reading
0 FacebookTwitterLinkedinEmail
Industry ContentLeasingMallsNevadaOperationsRestaurantsRetailersWebinar

Webinar: Las Vegas Retail Outlook — How is the Las Vegas Retail Sector Responding to COVID-19?

by Sarah Daniels

  Webinar: Las Vegas Retail Outlook — How is the Las Vegas Retail Sector responding to COVID-19?  hosted by Shopping Center Business and Western Real Estate Business, covers the approaches taken by an expert panel of retail leaders responding to COVID-19. Watch Webinar: Las Vegas Retail Outlook — How is the Las Vegas Retail Sector responding to COVID-19? to learn what retailers, restaurants, and developers need to thrive and what our panelists anticipate for retail in the near future. See a list of some topics covered below. How significantly has decreased tourism affected …

Continue Reading
0 FacebookTwitterLinkedinEmail
EntertainmentInternationalNewsRetailers

Rolling Stones, Bravado Open First Flagship Store in London

by Alex Tostado

London — The Rolling Stones has opened RS No. 9 Carnaby, a retail store located at 9 Carnaby St. in London’s SoHo neighborhood. The new store, created in partnership with Bravado, Universal Music Group’s merchandise and brand management company, features the iconic Rolling Stones logo on the window as well as an illustrated soundwave of the opening to the 1966 track “Paint It Black.” Inside, the glass floor features many of the band’s lyrics, and the fitting rooms are adorned with artwork from albums “Exile on Main Street” (1972) and “Some …

Continue Reading
0 FacebookTwitterLinkedinEmail
Company newsInternationalNewsRetailers

lululemon Reports Second-Quarter Online Sales Jump 157 Percent Year-Over-Year

by Alex Tostado

Vancouver — lululemon Athletica Inc. (Nasdaq: LULU) has reported online sales jumped 157 percent in the second quarter compared to Q2 2019. The Vancouver-based retailer closed stores in its North American, European and Asian Pacific portfolio in the first quarter due to the coronavirus pandemic. lululemon began reopening stores in the second quarter. As of Aug. 2, 492 of 506 company-operated stores were open. The clothing store reported in-store sales were up 3 percent year-over-year. “We’re pleased with our overall business results for the second quarter, as lululemon increasingly lives up …

Continue Reading
0 FacebookTwitterLinkedinEmail
LeasingMallsOperationsRestaurantsRetailersWebinar

Webinar: Central Florida Retail Outlook: How are Central Florida Markets Responding to COVID-19?

by Sarah Daniels

    (Panelists, top, left to right): Ralph Conti, RaCo Real Estate Advisors; Cindy Schooler, SRS Real Estate Partners; Chuck Whittall, Unicorp National Developments. Shopping Center Business and Southeast Real Estate Business hosted “Central Florida Retail Outlook: How are Central Florida Markets Responding to COVID-19?” Watch to hear how the retail leaders are adapting to the challenges of COVID-19 and its fallout for tourism and travel. See a list of some topics covered below: To what extent has tourism declined in Central Florida this year — and how significantly has that affected the retail …

Continue Reading
0 FacebookTwitterLinkedinEmail
Jake Baratz Taylor Street
ArizonaFeaturesNewsRestaurantsRetailers

Taylor Street: Opportunities Still Abound, If You Know Your Market

by Sarah Daniels

With a multifaceted approach to real estate, Taylor Street has an ear to the ground when it comes to investing, selling, financing, leasing and managing commercial properties. The Phoenix-based advisory firm is closely following the pandemic’s effects on retail. Vice president Jake Baratz and investment advisor Boston Chauthani recently sat down with Shopping Center Business to share some of their key insights. To plan for the future in the middle of a pandemic, the firm is advising investors to carefully evaluate market activity at the highest level in individual markets …

Continue Reading
0 FacebookTwitterLinkedinEmail
DevelopmentGrocery-anchoredMassachusettsNewsRetailers

Crosspoint Associates Acquires Land in Metro Boston for Retail Expansion Project

by Alex Tostado

Framingham, Mass. — Locally based development firm Crosspoint Associates has acquired 2.7 acres in the western Boston suburb of Framingham for a retail expansion project. The site formerly housed a Colonial Nissan car dealership and is located adjacent to a Whole Foods Marketplace that will be expanded by 7,163 square feet to a total size of 43,617 square feet. The site will also house other retail users, including a Starbucks with a drive-thru. Bernard Gibbons of Associated Brokerage Group represented Empire Management Corp. in its disposition of the land. Craig …

Continue Reading
0 FacebookTwitterLinkedinEmail
IllinoisInvestment salesNewsRetailers

Boulder Group Brokers $4.9 Million Sale of Chicago CVS Property

by Alex Tostado

Chicago — The Boulder Group has brokered the sale of single-tenant CVS Pharmacy property in downtown Chicago for $4.9 million. The 8,781-square-foot store is located on the ground floor of a 180-unit condo building at 520 S. State St. Randy Blankstein and Jimmy Goodman of Boulder represented both the seller, a local real estate owner, and the buyer, a Southeast-based real estate investment firm. CVS has more than 10 years remaining on its lease.

Continue Reading
0 FacebookTwitterLinkedinEmail
Grocery-anchoredInvestment salesNewsNorth CarolinaRetailers

JLL Arranges $34.9 Million Sale of Wegmans-Leased Property in Raleigh-Durham

by Alex Tostado

Cary, N.C. — JLL has arranged the $34.9 million sale of Wegmans West Cary, a 103,000-square-foot building in Cary fully leased to New York-based supermarket chain Wegmans. The seller, Leyland Twin Lakes LLC, an affiliate of LeylandAlliance, delivered the asset earlier this year. The freestanding grocery store is situated on 11 acres at 3710 Davis Drive, 13 miles southeast of downtown Durham. Wegmans West Cary anchors Twin Lakes Center, a mixed-use project that Leyland Twin Lakes has been developing since 2018. Tom Kolarczyk, Ryan Eklund and Chris Angelone of JLL …

Continue Reading
0 FacebookTwitterLinkedinEmail
FloridaInvestment salesNewsRetailers

SRS Negotiates $22.7 Million Sale of Seven Outparcels Near Mall at Millenia in Orlando

by Alex Tostado

Orlando, Fla. — SRS Real Estate Partners has negotiated the $22.7 million sale of seven single-tenant outparcels around Mall at Millenia in Orlando. The outparcels total 104,188 square feet and six were leased to retail tenants including BJ’s Brewhouse, DSW, Ethan Allen, Old Navy, Olive Garden and West Elm at the time of sale. The final outparcel is an office building that was leased to Ingenus Pharmaceuticals at the time of sale. Mall at Millenia comprises more than 1.1 million square feet and includes anchors such as Macy’s, Neiman Marcus, …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts