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Mexico Footwear Retailer to Open First U.S. Store

by Katie Lee

Los Angeles — JLL has signed Groupo Innovasport to a new lease for 7,500 square feet of space (currently occupied by Hollister) in the Third Street Promenade area of Santa Monica, Calif. Mexico-based Grupo Innovasport will open its U.S. flagship store for Culto, which features specialty footwear. The store is expected to open in first quarter 2025. Culto is the latest addition at Third Street Promenade, joining Google Store which recently inked a new deal. Latest openings in the popular destination include Pickle Pop, Barnes & Noble, Wilson Sporting Goods …

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Tsanacas Colt Multiple Facilities quote from article
Colt Facility MaintenanceContent Partnerdisaster recoveryfacilities managementFeaturesIndustry Contentplumbingproperty managementremodelsrestaurantsretailers

The Magic of Balancing Maintenance Costs

by Sarah Daniels

Running a retail or restaurant facility requires balancing costs, maintenance and operational uptime — a challenge that is further compounded when dealing with multiple stores. Facility owners and operators face the challenge of keeping their properties in top condition while managing expenses and minimizing disruptions to business. In the retail and restaurant industries, any downtime at all can be costly. A malfunctioning bathroom or a broken HVAC system can lead to customer dissatisfaction, lost revenue and temporary closures. Preventative maintenance and proactive scheduling can address these concerns by managing costs, staggering …

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Sierra Trading Post to Open 3 Stores at Cafaro Properties

by Katie Lee

Niles, Ohio — Sierra Trading Post will soon be opening its trademark outdoors gear locations in three properties owned and managed by Ohio-based Cafaro Company. The first will be located at Cafaro’s Millcreek Mall in Erie, Pa. It will comprise more than 17,000 square foot of space, with plans to open in the fall of this year. Another 18,000-square-foot store is also under construction at Kentucky Oaks Mall in Paducah, Ky. It is scheduled to open late this year. Simultaneously, a new, standalone building will be rising on the Eastwood …

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FCPT Acquires 19 Bloomin’ Brands Restaurant Properties for $66.4 Million

by Katie Lee

Mill Valley, Calif. — Four Corners Property Trust (FCPT), a real estate investment trust that owns and acquires high-quality, net-leased restaurant and retail properties, has acquired 19 Bloomin’ Brands restaurant properties comprising 20 total restaurants (10 Outback Steakhouse restaurants and 10 Carrabba’s Italian Grill restaurants, including one dual-tenant property with both concepts) for $66.4 million. The 19 properties are located across 10 states: Arizona, Florida, Georgia, Kentucky, Louisiana, North Carolina, Nevada, Pennsylvania, South Carolina and Tennessee. The sites are in strong retail corridors with high traffic and attractive demographics. The …

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Bill Schaphorst Retailers Storms quote
Content Partnerdisaster recoveryfacilities managementFeaturesIndustry ContentMaintenXpeopleproperty managementrestaurantsretailersroofing

Retailer Disaster Planning Speeds Timeline to Restored Operations

by Sarah Daniels

The increasing frequency and intensity of natural disasters pose a growing threat to many restaurants and retailers. All too often, unprepared businesses struggle to contend with property damage, power interruptions and repair delays that can plague communities for months in the wake of a catastrophic wildfire or storm. “Businesses that have stores operating in hurricane-prone areas like Florida or other regions threatened by natural disasters need to have a plan in place, with committed assets or a vendor to support them in an emergency,” says Bill Schaphorst, vice president of …

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construction and designNewsproperty managementretailers

Canada-Based Asian Grocer, T&T Supermarkets, to Open First Store in California

by Katie Lee

San Jose, Calif. — T&T Supermarket Inc., Canada’s favorite Asian grocery retailer, will open its first store in California at the Westgate Center in San Jose in fall 2025. With two stores in the works in Washington, this marks T&T’s third store announcement in the Unites States. The 55,000-square-foot store is taking over space formerly occupied by Walmart. T&T operates more than 33 stores across Canada, and is a full-service unique shopping experience known for its vast selection of authentic Asian products, fresh produce, full service meat counter, live seafood …

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Industry Voicespaintingparking lotsproperty managementvendors

Changing Your Stripes

by Katie Lee

— By Jack Child — How to choose a contractor for your parking lot striping project. Your parking lot is your welcome mat for your business. Maybe the lines are getting pretty faded. Or, maybe you’ve been tagged with a violation from the city or Fire Marshal for a code violation for improper or inadequate pavement markings. Poor or improper markings are a legal liability that should not be overlooked. It’s time to get new paint on the ground. Who do you call? The following is for those who really …

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Industry Voiceskitchen equipmentproperty managementrestaurantssoftware/technologyvendors

Analyzing Your Assets

by Katie Lee

— By Lindsey Walker — Why asset tracking software is good for your restaurant business. Operating a foodservice or restaurant business involves managing various appliances, each essential for daily tasks like cooking and refrigeration. Integrating these appliances into a system that gathers data for decision-making can be time-consuming. The Internet of Things (IoT) offers a solution by utilizing appliance data to optimize property management and enhance business performance with real-time insights. From ensuring customer satisfaction to maintaining quality standards, running a restaurant or café requires careful attention to detail to …

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construction and designmanagementNewsproperty managementrestaurantsretailers

Netflix House to Open First Texas Location at Galleria Dallas

by Katie Lee

Dallas — Galleria Dallas, a 1.9 million-square-foot shopping center managed by Trademark Property Group, will have a new anchor in fall 2025: a hotly anticipated entertainment venue called Netflix House. This will be the first Netflix House in Texas, and only one of two to be announced in the United States. Netflix House will be a permanent experiential venue featuring Netflix stories and characters beyond the screen year-round. Netflix House will offer regularly updated immersive experiences, Netflix related retail merchandise and unique, Netflix-inspired food and drink offerings. “Welcoming Netflix House …

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Bill Schaphorst MaintenX Hurricane Facility Maintenance quote from article
Content Partnerdisaster recoveryfacilities managementFeaturesIndustry ContentMaintenXparking lotsproperty managementrestaurantsretailersroofing

Checklist for 2024 Hurricane Preparation

by Sarah Daniels

People and businesses across the United States are bracing for what could be the most active hurricane season on record. Forecasts predict that the 2024 Atlantic hurricane season alone is predicted to have five major hurricanes — those of Category 3 or greater, with sustained winds of at least 111 miles per hour. Compare this to 2023, when there were only three major hurricanes in the United States. The potential for storm damage to homes and businesses is greater in 2024’s especially active hurricane season. “While the development of technology …

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