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Rubio’s Coastal Grill Shutters 48 California Restaurants

Rubio’s Coastal Grill Shutters 48 California Restaurants

by Phil Hall | Jun 4, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The fast-casual Mexican-themed restaurant chain Rubio’s Coast Grill has closed 48 of its eateries in California, citing the cost of doing business in the state. According to Nation’s Restaurant News, the company issued a statement complaining that the “closings were...
Hits and Misses for the Real Estate Week of May 27-31

Hits and Misses for the Real Estate Week of May 27-31

by Phil Hall | May 31, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new scholarship program for aspiring teen real estate professionals, the CFPB’s digging for “junk fees” and interest rate cuts across the Atlantic. From the wild and wooly world of real estate, here are the Hits and Misses for the week of May 27-31. Hit: Educating...
Report: Developers Quietly Buying Up Land for Proposed Texas Baseball Stadium

Report: Developers Quietly Buying Up Land for Proposed Texas Baseball Stadium

by Phil Hall | May 31, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The real estate developers who are among the owners of the San Antonio Missions minor league baseball team have been quietly acquiring properties that can be combined into a new stadium for their team. According to a San Antonio Express-News report sourced from an...
Dollar Tree Acquires 170 Locations from Bankrupt 99 Cents Only Stores

Dollar Tree Acquires 170 Locations from Bankrupt 99 Cents Only Stores

by Phil Hall | May 31, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Dollar Tree Inc. (NASDAQ: DLTR) has acquired the designation rights for 170 leases of 99 Cents Only Stores across Arizona, California, Nevada, and Texas. As part of the transaction, Dollar Tree also acquired the North American intellectual property of 99 Cents Only...
Stop & Shop Plans Supermarket Closings

Stop & Shop Plans Supermarket Closings

by Phil Hall | May 29, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The retail holding company Ahold Delhaize USA is planning to close an unspecified number of its Stop & Shop supermarkets. Supermarket News reported that CEO JJ Fleeman made the announcement during a recent investor strategy meeting. Fleeman did not say how many...
Glenn Decker Promoted to President at Tekmak Development Company

Glenn Decker Promoted to President at Tekmak Development Company

by Phil Hall | May 28, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Tekmak Development Company, a Dallas-based hospitality development company, has promoted Glenn Decker from vice president of operations to president. Decker succeeds Thomas Kirkland, who will remain as CEO. Prior to joining Tekmak in 2022, Decker spent six years in...
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