{"id":200,"date":"2012-03-21T11:40:00","date_gmt":"2012-03-21T15:40:00","guid":{"rendered":"http:\/\/newsroom.chainstoreguide.com\/2012\/03\/commercial-real-estate-eupdates\/"},"modified":"2012-03-21T11:40:00","modified_gmt":"2012-03-21T15:40:00","slug":"commercial-real-estate-eupdates","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2012\/03\/commercial-real-estate-eupdates\/","title":{"rendered":"Commercial Real Estate eUpdates"},"content":{"rendered":"<div dir=\"ltr\" style=\"text-align: left;\" trbidi=\"on\"><\/p>\n<div><b><u>Foodservice<\/u><\/b><br \/><b><span style=\"font-size: 11pt;\">Bob Evans<\/span><\/b><span style=\"font-size: 11pt;\">\u00a0expects to remodel 90 restaurants in fiscal 2012 and 150-160 in fiscal 2013.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-size: 11pt;\">Buca di Beppo<\/span><\/b><span style=\"font-size: 11pt;\">\u00a0and General Growth Properties announced the scheduled opening of 10 Buca restaurants at malls owned by GGP during the summer of 2012.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-size: 11pt;\">Buffalo Wild Wings<\/span><\/b><span style=\"font-size: 11pt;\">\u00a0has selected eSite to provide support as the chain works toward a goal of having more than 1,000 restaurants by 2013.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-size: 11pt;\">Chick-fil-A<\/span><\/b><span style=\"font-size: 11pt;\">\u00a0plans to open 92 new locations in 2012 and remodel more than 300 existing locations.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-size: 11pt;\">CiCi&#8217;s Pizza<\/span><\/b><span style=\"font-size: 11pt;\">\u00a0plans to add 500 new restaurants by 2020; the company is actively seeking qualified multi-unit and single-unit operators to help grow the brand in Southern CA, the Mid-Atlantic, Northeast and South FL, as well as select cities in TX and other regions across the nation<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-size: 11pt;\">Corner Bakery Cafe<\/span><\/b><span style=\"font-size: 11pt;\">\u00a0reported that the following are key markets for expansion: the New York Metro area, Northern CA, Central and Northern FL, St. Louis, Indianapolis, Milwaukee, Louisville, Columbus, Charlotte and Nashville.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-size: 11pt;\">Del Taco<\/span><\/b><span style=\"font-size: 11pt;\">\u00a0plans to open 60 restaurants in the metro Atlanta market.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-size: 11pt;\">Dunkin&#8217; Donuts<\/span><\/b><span style=\"font-size: 11pt;\">\u00a0plans to add 11 stores in the Denver area and eight n El Paso, with the first opening as early as this year.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-size: 11pt;\">Energy Kitchen<\/span><\/b><span style=\"font-size: 11pt;\">\u00a0plans to open 21 new stores this year.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-size: 11pt;\">Famous Dave\u2019s of America<\/span><\/b><span style=\"font-size: 11pt;\">\u00a0plans to open 15 units in 2012, including its first international location in Canada.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-size: 11pt;\">Garbanzo Mediterranean G<\/span><\/b><span style=\"font-size: 11pt;\">rill announced a partnership with Gemini Investors to grow the chain.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-size: 11pt;\">Hurricane Grill &#038; Wings<\/span><\/b><span style=\"font-size: 11pt;\">\u00a0announced that it has signed up its first MN franchisee with plans to open its inaugural restaurant here in October.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-size: 11pt;\">Jack in the Box<\/span><\/b><span style=\"font-size: 11pt;\">\u00a0will makes its Ohio debut sometime this summer in the Cincinnati market; the chain plans to open 25 to 30 this year.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-size: 11pt;\">Panera Bread<\/span><\/b><span style=\"font-size: 11pt;\">\u00a0announced the opening of its 1,500th bakery-cafe and its first in Manhattan; the company plans to open 115-120 new units systemwide in 2012.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-size: 11pt;\">Red Robin Gourmet Burgers<\/span><\/b><span style=\"font-size: 11pt;\">\u00a0expects to open 13-15 company-owned restaurants in 2012.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-size: 11pt;\">Schlotzsky\u2019s<\/span><\/b><span style=\"font-size: 11pt;\">\u00a0is partnering with the Sac-N-Pac convenience store chain to open locations inside the stores; Schlotzsky\u2019s plans to open 50-60 stores this year.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-size: 11pt;\">Sizzler<\/span><\/b><span style=\"font-size: 11pt;\">\u00a0announced a deal to develop five new restaurants in the San Francisco Bay Area and upgrade and remodel existing locations in Sacramento, Auburn, Pinole, Hayword and Santa Clara. Sizzler looks to continue its development in California and across the nation in a strategic expansion plan also targeting Chicago, Minneapolis, Denver, Kansas City, and St. Louis.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-size: 11pt;\">The Briad Group<\/span><\/b><span style=\"font-size: 11pt;\">\u00a0announced a licensing agreement with Fox Restaurant Concepts to develop Zinburger locations in all 23 states east of the Mississippi.<o:p><\/o:p><\/span><\/div>\n<div><\/div>\n<div><b><span style=\"font-size: 11pt;\">Yard House\u00a0<\/span><\/b><span style=\"font-size: 11pt;\">expects to open five locations this year.<\/span><br \/><span style=\"font-size: 11pt;\"><br \/><\/span><br \/><u>Apparel<\/u><br \/><span style=\"font-size: 11pt;\"><\/span><\/p>\n<div style=\"font-size: medium;\"><span style=\"font-size: 11pt;\"><span style=\"font-size: 11pt;\"><b>Belk Inc.<\/b> plans to remodel approximately 30 stores in 2012. Belk will relocate two stores, one in\u00a0<st1:city w:st=\"on\">Waynesville<\/st1:city>,\u00a0<st1:state w:st=\"on\">NC<\/st1:state>, and one in\u00a0<st1:place w:st=\"on\"><st1:city w:st=\"on\">Pensacola<\/st1:city>,\u00a0<st1:state w:st=\"on\">FL<\/st1:state><\/st1:place>, expand four locations, remodel 13 stores and partially remodel 10 more.<o:p><\/o:p><\/span><\/span><\/div>\n<div style=\"font-size: medium;\"><span style=\"font-size: 11pt;\"><br \/><\/span><\/div>\n<div style=\"font-size: medium;\"><span style=\"font-size: 11pt;\"><b><span style=\"font-size: 11pt;\">Cabela\u2019s<\/span><\/b><span style=\"font-size: 11pt;\">\u00a0is unveiling expansion plans, including a new retail concept called Cabela\u2019s Outpost. The first store with the new format is expected to open this fall in Union Gap, WA. The new stores are smaller, about 40,000 sq. ft., and will be built in currently underserved markets. The company is also expanding its next-generation stores, with five set to open in 2012, and with three scheduled to open in 2013:\u00a0<st1:city w:st=\"on\">Columbus<\/st1:city>,\u00a0<st1:state w:st=\"on\">OH<\/st1:state>,\u00a0<st1:city w:st=\"on\">Grandville<\/st1:city>,\u00a0<st1:state w:st=\"on\">MI<\/st1:state>, and\u00a0<st1:place w:st=\"on\"><st1:city w:st=\"on\">Louisville<\/st1:city>,\u00a0<st1:state w:st=\"on\">KY.<\/st1:state><\/st1:place>\u00a0\u00a0The company will open a new store in\u00a0<st1:place w:st=\"on\"><st1:city w:st=\"on\">Tulalip<\/st1:city>,\u00a0<st1:state w:st=\"on\">WA<\/st1:state><\/st1:place>, on April 19.<o:p><\/o:p><\/span><\/span><\/div>\n<div style=\"font-size: medium;\"><span style=\"font-size: 11pt;\"><br \/><\/span><\/div>\n<div style=\"font-size: medium;\"><span style=\"font-size: 11pt;\"><b><span style=\"font-size: 11pt;\">Converse Inc<\/span><\/b><span style=\"font-size: 11pt;\">., a subsidiary of\u00a0<b>NIKE Inc<\/b>., announced the opening of its first West Coast specialty retail store in\u00a0<st1:place w:st=\"on\"><st1:city w:st=\"on\">Santa Monica<\/st1:city>,\u00a0<st1:state w:st=\"on\">CA<\/st1:state><\/st1:place>. The 7,000 sq. ft. location allows customers to design one-of-a-kind footwear, apparel and accessories.<\/p>\n<p><o:p><\/o:p><\/span><\/span><\/div>\n<div style=\"font-size: medium;\"><span style=\"font-size: 11pt;\"><b><span style=\"font-size: 11pt;\">Dick\u2019s Sporting Goods Inc.<\/span><\/b><span style=\"font-size: 11pt;\">\u00a0opened three new stores located in\u00a0<st1:state w:st=\"on\">Ohio<\/st1:state>,\u00a0<st1:state w:st=\"on\">Florida<\/st1:state>\u00a0and\u00a0<st1:place w:st=\"on\"><st1:state w:st=\"on\">Utah<\/st1:state><\/st1:place>, on March 7. The\u00a0<st1:state w:st=\"on\"><st1:place w:st=\"on\">Ohio<\/st1:place><\/st1:state>\u00a0location is a relocated store, and is set to open at Applewood Commons. The\u00a0<st1:state w:st=\"on\">Florida<\/st1:state>\u00a0store will be located at\u00a0<st1:placename w:st=\"on\">Regions<\/st1:placename>\u00a0<st1:placename w:st=\"on\">Bank<\/st1:placename>\u00a0<st1:placetype w:st=\"on\">Plaza<\/st1:placetype>\u00a0in\u00a0<st1:city w:st=\"on\"><st1:\n\nplace w:st=\"on\">Fort Lauderdale<\/st1:place><\/st1:city>. The\u00a0<st1:place w:st=\"on\"><st1:state w:st=\"on\">Utah<\/st1:state><\/st1:place>\u00a0store will be located in St. George at Red Rock Commons.<o:p><\/o:p><\/span><\/span><\/div>\n<div style=\"font-size: medium;\"><span style=\"font-size: 11pt;\"><br \/><\/span><\/div>\n<div style=\"font-size: medium;\"><span style=\"font-size: 11pt;\"><b><span style=\"font-size: 11pt;\">J. Crew Group Inc.<\/span><\/b><span style=\"font-size: 11pt;\">\u00a0plans to open three new\u00a0<st1:place w:st=\"on\"><st1:country-region w:st=\"on\">Canada<\/st1:country-region><\/st1:place>\u00a0stores. Two of the planned stores will open in spring 2012: a\u00a0<st1:city w:st=\"on\"><st1:place w:st=\"on\">Vancouver<\/st1:place><\/st1:city>\u00a0store located at\u00a0<st1:street w:st=\"on\"><st1:address w:st=\"on\">1088 Robson St.<\/st1:address><\/st1:street>, and a second location in West Edmonton Mall. The third store will open in fall 2012 at the Eaton Centre in\u00a0<st1:city w:st=\"on\"><st1:place w:st=\"on\">Toronto<\/st1:place><\/st1:city>.<o:p><\/o:p><\/span><\/span><\/div>\n<div style=\"font-size: medium;\"><span style=\"font-size: 11pt;\"><br \/><\/span><\/div>\n<div style=\"font-size: medium;\"><span style=\"font-size: 11pt;\"><b><span style=\"font-size: 11pt;\">Gordman\u2019s<\/span><\/b><span style=\"font-size: 11pt;\">\u00a0will open 3 new stores in\u00a0<st1:place w:st=\"on\"><st1:state w:st=\"on\">Utah<\/st1:state><\/st1:place>.<\/span><\/span><br \/><span style=\"font-size: 11pt;\"><span style=\"font-size: 11pt;\"><br \/><\/span><\/span><br \/><span style=\"font-size: 11pt;\"><span style=\"font-size: 11pt;\"><\/span><\/span><\/p>\n<div style=\"font-size: medium;\"><span style=\"font-size: 11pt;\"><span style=\"font-size: 11pt;\"><b><span style=\"font-size: 11pt;\">Neiman Marcus<\/span><\/b><span style=\"font-size: 11pt;\">\u00a0is opening in\u00a0<st1:place w:st=\"on\"><st1:city w:st=\"on\">Long Island<\/st1:city>,\u00a0<st1:state w:st=\"on\">NY<\/st1:state><\/st1:place>. The new 100,000 sq. ft. building will be completed in 2015 at Garden City\u2019s Roosevelt Field Mall.<o:p><\/o:p><\/span><\/span><\/span><\/div>\n<div style=\"font-size: medium;\"><span style=\"font-size: 11pt;\"><span style=\"font-size: 11pt;\"><br \/><\/span><\/span><\/div>\n<div style=\"font-size: medium;\"><span style=\"font-size: 11pt;\"><span style=\"font-size: 11pt;\"><b><span style=\"font-size: 11pt;\">Nordstrom Inc.<\/span><\/b><span style=\"font-size: 11pt;\">\u00a0recently announced plans to open 15 new stores in 2012. The first new store will be a full-line store that will open in\u00a0<st1:place w:st=\"on\"><st1:city w:st=\"on\">Salt Lake City<\/st1:city>,\u00a0<st1:state w:st=\"on\">UT<\/st1:state><\/st1:place>\u00a0on March 22. The 14 other stores will open under the retailer\u2019s Nordstrom Rack banner in Seattle, WA; Boise, ID; Alpharetta, GA.; Farmington, CT.; Willow Grove, PA.; Long Island, NY; Phoenix, AZ; Manchester, MO; Orange, Temecula, and Huntington Beach, CA; San Diego, CA; Warwick, RI; and Tysons Corner, VA.<o:p><\/o:p><\/span><\/span><\/span><\/div>\n<div style=\"font-size: medium;\"><span style=\"font-size: 11pt;\"><span style=\"font-size: 11pt;\"><br \/><\/span><\/span><\/div>\n<div style=\"font-size: medium;\"><span style=\"font-size: 11pt;\"><span style=\"font-size: 11pt;\"><b><span style=\"font-size: 11pt;\">Rag &#038; Bone<\/span><\/b><span style=\"font-size: 11pt;\">\u00a0opened it\u2019s first-ever\u00a0<st1:place w:st=\"on\"><st1:city w:st=\"on\">Boston<\/st1:city><\/st1:place>\u00a0store. Located at\u00a0<st1:street w:st=\"on\"><st1:address w:st=\"on\">111 Newbury St.<\/st1:address><\/st1:street>, the 2,300 sq. ft. space occupies three floors. Currently, Rag &#038; Bone is searching for space in\u00a0<st1:city w:st=\"on\">Los Angeles<\/st1:city>,\u00a0<st1:state w:st=\"on\">CA<\/st1:state>\u00a0and has stores planned for\u00a0<st1:state w:st=\"on\">New York<\/st1:state>\u2019s Madison Avenue and\u00a0<st1:city w:st=\"on\"><st1:place w:st=\"on\">London<\/st1:place><\/st1:city>.\u00a0<o:p><\/o:p><\/span><\/span><\/span><\/div>\n<div style=\"font-size: medium;\"><span style=\"font-size: 11pt;\"><span style=\"font-size: 11pt;\"><br \/><\/span><\/span><\/div>\n<div style=\"font-size: medium;\"><span style=\"font-size: 11pt;\"><span style=\"font-size: 11pt;\"><b><span style=\"font-size: 11pt;\">Sears Canada Inc.<\/span><\/b><span style=\"font-size: 11pt;\">\u00a0plans to close three Sears locations by Oct. 31. The stores are located in Vancouver Pacific Centre in\u00a0<st1:city w:st=\"on\">Vancouver<\/st1:city>;\u00a0<st1:city w:st=\"on\">Calgary<\/st1:city>\u00a0Chinook Centre in\u00a0<st1:city w:st=\"on\">Calgary<\/st1:city>; and\u00a0<st1:city w:st=\"on\">Ottawa<\/st1:city>\u00a0Rideau Centre in\u00a0<st1:city w:st=\"on\"><st1:place w:st=\"on\">Ottawa<\/st1:place><\/st1:city>.<o:p><\/o:p><\/span><\/span><\/span><\/div>\n<div style=\"font-size: medium;\"><span style=\"font-size: 11pt;\"><span style=\"font-size: 11pt;\"><br \/><\/span><\/span><\/div>\n<div style=\"font-size: medium;\"><span style=\"font-size: 11pt;\"><span style=\"font-size: 11pt;\"><b><span style=\"font-size: 11pt;\">Stein Mart Inc.<\/span><\/b><span style=\"font-size: 11pt;\">\u00a0will open three new stores on March 15. The new stores will be located in\u00a0<st1:city w:st=\"on\">Irvine<\/st1:city>,\u00a0<st1:state w:st=\"on\">CA<\/st1:state>,\u00a0<st1:city w:st=\"on\">Suwanee<\/st1:city>,\u00a0<st1:state w:st=\"on\">GA<\/st1:state>, and\u00a0<st1:place w:st=\"on\"><st1:city w:st=\"on\">Sunset Hills<\/st1:city>,\u00a0<st1:state w:st=\"on\">MO.<\/st1:state><\/st1:place>\u00a0The\u00a0<st1:city w:st=\"on\"><st1:place w:st=\"on\">Irvine<\/st1:place><\/st1:city>\u00a0store is a relocation of another store, and is part of The Market Place II shopping center. The\u00a0<st1:country-region w:st=\"on\">Georgia<\/st1:country-region>\u00a0store is located in the\u00a0<st1:placename w:st=\"on\">Johns<\/st1:placename>\u00a0<st1:placename w:st=\"on\">Creek<\/st1:placename>\u00a0<st1:placetype w:st=\"on\">Town<\/st1:placetype>\u00a0<st1:placetype w:st=\"on\">Center<\/st1:placetype>, and the\u00a0<st1:state w:st=\"on\"><st1:place w:st=\"on\">Missouri<\/st1:place><\/st1:state>\u00a0store is part of The Plaza at Sunset Hills.<o:p><\/o:p><\/span><\/span><\/span><\/div>\n<div style=\"font-size: medium;\"><span style=\"font-size: 11pt;\"><span style=\"font-size: 11pt;\"><br \/><\/span><\/span><\/div>\n<div style=\"font-size: medium;\"><span style=\"font-size: 11pt;\"><span style=\"font-size: 11pt;\"><b><span style=\"font-size: 11pt;\">T.J.Maxx<\/span><\/b><span style=\"font-size: 11pt;\">\u00a0opened its first\u00a0<st1:placename w:st=\"on\">Marin<\/st1:placename>\u00a0<st1:placetype w:st=\"on\">County<\/st1:placetype>\u00a0store in the 32,000 sq. ft. space that Borders occupied in\u00a0<st1:place w:st=\"on\"><st1:city w:st=\"on\">San Rafael<\/st1:city>,\u00a0<st1:state w:st=\"on\">CA<\/st1:state><\/st1:place>\u00a0before closing last year.<o:p><\/o:p><\/span><\/span><\/span><\/div>\n<div style=\"font-size: medium;\"><span style=\"font-size: 11pt;\"><span style=\"font-size: 11pt;\"><br \/><\/span><\/span><\/div>\n<div style=\"font-size: medium;\"><span style=\"font-size: 11pt;\"><span style=\"font-size: 11pt;\"><b><span style=\"font-size: 11pt;\">UGG Australia<\/span><\/b><span style=\"font-size: 11pt;\">\u00a0plans to open its first men&#8217;s-only store on Madison Avenue 800-square-foot shop for men adjacent to its flagship store at\u00a0<st1:street w:st=\"on\"><st1:address w:st=\"on\">600 Madison Ave.<\/st1:address><\/st1:street>\u00a0in June.<o:p><\/o:p><\/span><\/span><\/span><\/div>\n<div style=\"font-size: medium;\"><span style=\"font-size: 11pt;\"><span style=\"font-size: 11pt;\"><br class=\"Apple-interchange-newline\" \/><\/span><\/span><\/div>\n<\/div>\n<p><span style=\"font-size: 11pt;\"><br \/><\/span><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>FoodserviceBob Evans\u00a0expects to remodel 90 restaurants in fiscal 2012 and 150-160 in fiscal 2013. Buca di Beppo\u00a0and General Growth Properties announced the scheduled opening of 10 Buca restaurants at malls owned by GGP during the summer of 2012. Buffalo Wild Wings\u00a0has selected eSite to provide support as the chain works toward a goal of having&hellip; <a class=\"more-link\" href=\"https:\/\/www.chainstoreguide.com\/offthechain\/2012\/03\/commercial-real-estate-eupdates\/\">Continue reading <span class=\"screen-reader-text\">Commercial Real Estate eUpdates<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"post-template-no-sidebar.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[12],"tags":[6,11],"class_list":["post-200","post","type-post","status-publish","format-standard","hentry","category-commercial-real-estate","tag-csg-old","tag-eupdate","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/200","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/comments?post=200"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/200\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}