REAL ESTATE

  • Charter Realty acquires North End Gateway property

    Boston -- Charter Realty & Development Corp. announced the acquisition of 60-70 Cross Street in Boston’s North End. The property is the latest addition to Charter’s growing commercial portfolio in Massachusetts and kick-starts its new urban program. Charter currently owns and operates over a million and a half square feet of commercial space in the Bay State.  
  • DeRomo’s Gourmet Market & Restaurant opens new Florida location

    Bonita Springs, Fla. -- DeRomo’s Gourmet Market & Restaurant, a family-owned market, restaurant and catering company with operations throughout South Florida and New York, opened its newest location in Bonita Springs, Florida in October.   
  • Mid-America arranges sale of Stonefield Square

    Louisville, Ky. -- Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Stonefield Square in Louisville, Ky. The 90,991-sq.-ft. center was purchased from seller Viking Partners by Toronto-based Slate Properties for $12.6 million.   Stonefield Square is located at the southwest corner of Shelbyville and Moser Roads. The center is anchored by The Fresh Market, CVS and Fifth Third Bank.
  • The Gifted Barber Shop to open in Desert Square

    Tucson, Ariz. -- The Gifted Barber Shop is opening in the Desert Square Shopping Center located at the northeast corner of Golf Links and Kolb Roads in Tucson, Ariz.

     

    The new barber shop will be 1,200 sq. ft. and is grand-opening on Nov. 7.

     

    Craig Finfrock of Commercial Retail Advisors, LLC represented the landlord, 26 Palms Delaware, LLC and Sierra Industrial Park Delaware, LLC.

  • SRS Real Estate hires Michael Federle to lead new San Francisco group

    Dallas --SRS Real Estate Partners has introduced San Francisco’s Investment Services Group, led by capital markets industry veteran Michael Federle. Federle has been hired as senior VP of the new team, which will be tasked with representing institutions, developers, and high-net-worth individuals in the sale, acquisition, and financing of quality real estate assets.


  • Opus Group completes four Gander Mountain stores

    Minneapolis -- The Opus Group announced the completion of four projects for St. Paul, Minnesota-based retailer Gander Mountain. Opus built three new 52,000-sq.-ft. Gander Mountain stores in Augusta, Georgia; Newnan, Ga. and Algonquin, Ill.; and managed renovations of the retailer’s 96,275-sq.-ft. store in Forest Lake, Minn.  
  • Target to close 11 locations

    Minneapolis -- Tuesday Corp. announced that it planned to close 11 stores as of Feb. 1, 2015, citing performance issues.  
  • Construction completed on phase two of Fortuna Commons shopping center

    Yuma, Ariz. -- Construction is complete on Phase 2 of the Fortuna Commons shopping center, anchored by Fry’s Food & Drug. New tenants include Firehouse Subs, Goodwill, and AutoZone.  
  • Gordon Brothers, BlackRock Kelso launch finance company

    New York City -- BlackRock Kelso Capital Corporation announced that it has completed a transaction with Gordon Brothers Group to launch Gordon Brothers Finance Company.  
  • Retail Rap: Digital Walleting

    It has been fascinating to watch the back and forth in recent weeks as competing systems for mobile payment have suddenly been grabbing headlines and jockeying for space in the public consciousness.  
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