REAL ESTATE

  • Inland’s IREIT acquires Texas and Florida centers

    Oak Brook, Ill. — Inland Real Estate Income Trust has acquired two shopping centers in Texas, and Florida, in separate transactions: Mansfield Pointe Shopping Center in Mansfield, Texas, and North Hills Square Shopping Center in Coral Springs, Fla.

    IREIT acquired the 148,529-sq.-ft. Mansfield Pointe for $28.4 million and the 63,829-sq.-ft. North Hills Square Shopping Center for $11.05 million.

  • Simon unveils expansion plans for Fashion Centre

    Arlington, Va. — Simon Property Group has announced details of a multi-phase renovation and expansion at The Fashion Centre at Pentagon City in Arlington, Va. Anchored by Nordstrom and Macy’s, The Fashion Centre is home to more than 170 stores.

  • NGKF Retail Services names senior managing director

    Greenwich, Conn. — Newmark Grubb Knight Frank Retail Services has appointed Jessica Curtis as senior managing director in the Greenwich, Conn., office. Curtis will represent national clients in their expansion plans and work with local entrepreneurial retailers and restaurants ready to grow beyond their current locations.

  • Brunelli promotes Nick Deluca to sales associate

    Old Bridge, N.J. — Retail leasing specialists R.J. Brunelli & Co. has announced the promotion of Nick DeLuca to sales associate.

  • Mid-America brokers sale of Milwaukee MSA center

    Milwaukee — Mid-America Real Estate Corporation’s investment sales team has brokered the final sales phase of The Shoppes of Nagawaukee in Delafield, Wis. This was the third transaction consummated on behalf of the seller, Told Development, for this shopping center since 2012.

  • Peter Millar is coming to Madison Avenue in NYC

    New York — Faith Hope Consolo, chairman, and Joseph Aquino, executive VP, of Douglas Elliman’s Retail Group have arranged a first New York flagship for luxury apparel and accessories brand Peter Millar on Madison Avenue, between 54th and 55th Streets.

    "This label is a perfect fit for the Madison and Worth Avenues of the world," said Consolo.

    Consolo and Aquino represented the landlord, E PLUS E LLC, and Hanley Advisors represented the tenant.

     

  • Report: California shopping center to expand use permit

    Woodland, Calif. – The Gateway Shopping Center in Woodland, Calif. has reportedly received permission to expand the types of businesses allowed in its use permit. According to the Woodland Daily Democrat, the Woodland Planning Commission is granting approval for food services, banks, professional service offices, nail salons and dry cleaners to be located at the center.

    RadioShack and Payless Shoes are also reportedly awaiting approval to open stores at the center.

     

  • Realty Resources announces new members

    Virginia Beach, Va. — Realty Resources has announced that several firms have joined the nationwide alliance of commercial real estate brokerage firms.

  • Lauter + Gallagher will develop marketing strategies

    Los Angeles — Brooke Lauter and Nadene Gallagher, two Southern California marketing executives known for creating successful branding and marketing solutions for corporate and entrepreneurial clients, have joined forces to form Lauter + Gallagher.  

  • The Children’s Place to SkyView Center in Queens, N.Y.

    Queens, N.Y. — The Children’s Place has leased a 3,799-sq.-ft. space near other child focused retailers at The Shops at SkyView Center in the Flushing neighborhood of Queens, N.Y. The retailer plans to open in May.

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