REAL ESTATE

  • Barnett Capital sells The Shoppes at Prime Village

    Chicago — Barnett Capital has sold The Shoppes at Prime Village in Schaumburg, Ill., to Integris Ventures for approximately $7.25 million, according to CBRE, which represented Barnett in the transaction.

    The acquisition is the first for Integris Ventures in the Chicago area.

    Built in 2008, the 38,313-sq.-ft. center is anchored by Aldi. Other tenants include Chicago Prime Steakhouse and Culvers.

  • Big Drop leases Upper West Side store

    New York — Adding to existing locations in Manhattan and Miami Beach, Big Drop, the women’s clothing retailer, has leased a third New York City storefront at 253 Columbus Avenue in Manhattan’s Upper West Side. The new store has 650 sq. ft. on the ground floor plus a 400-sq.-ft. storage basement.

    Winick Realty Group represented Big Drop in the long-term lease transaction. Parkway East Properties LLL, the landlord negotiated on its own behalf.

    Big Drop’s other Manhattan stores are in SoHo and the Upper East Side.

  • SL Green acquires interest in 650 Fifth Avenue

    New York — SL Green Realty Corp. and partner Jeff Sutton have announced the formation of a venture that has acquired a 49-year leasehold interest covering the entire retail portion of 650 Fifth Avenue. The transaction was completed with former U. S. Magistrate Judge Kathleen A. Roberts, the court-appointed federal monitor and interim trustee of the landlord, 650 Fifth Avenue Company.

  • Corner Bakery Café signs agreements for 23 new locations

    Dallas -- Corner Bakery Cafe announced the company has signed two new multi-unit franchise agreements to open new restaurants in Arizona and introduce its first restaurants in Wisconsin beginning in 2014.

    The fast-casual brand's new franchise partners include Blue Mountain Cafes, which plans to open 13 restaurants in Phoenix over the next seven years and Neo Fourno Inc., which plans to open ten new restaurants in Madison and Milwaukee over the next five years

  • Sam’s Club joins Stirling Bossier Shopping Center

    Covington, La. — Sam’s Club will join the tenant lineup at Stirling Bossier Shopping Center in Bossier City, La., according to an announcement by Stirling Properties. Construction of the new club store is underway. It is scheduled to open in the summer of 2014.

  • Trina Turk, Kendra Scott to Market Street-The Woodlands

    Fort Worth, Texas — Trademark Property Co. has announced that Trina Turk and Kendra Scott Jewelry will open at Market Street-The Woodlands, a mixed-use destination located north of Houston.

    Both retailers plan to open in the spring 2014. Construction of the new 2,000-sq.-ft. Trina Turk boutique will begin in January. Work will get underway on the 1,200-sq.-ft. Kendra Scott store this month.

  • European Wax Center inks upper west side deals

    New York -- European Wax Center, a national chain offering waxing services for men and women, has taken space in two upper west side locations, according to Winick Realty Group, which represented the tenant in both transactions.

    European Wax Center will occupy 1,500 sq. ft. at 2409 Broadway between 88th and 89th Streets. NGKF represented the landlord, 2409 Broadway Associates.

  • Grand Ridge Plaza launches

    Issaquah, Wash. — Construction is nearing completion on Issaquah Highlands’ new shopping and entertainment district, Grand Ridge Plaza. The Regency Centers Corp. center, which broke ground in the summer of 2012, is in the midst of its busiest rollout stretch, which features the grand opening of a Safeway grocery store.

  • Cabela’s to open in New Brunswick

    Sidney, Neb. -- Cabela’s Inc. announced today plans to open a store in Moncton, New Brunswick, Canada.

    The 50,000-sq.-ft. is scheduled to open in 2015, and will be located in a new development being developed by Cordova Realty. It will be Cabela’s first location in the greater Atlantic Canada area.

  • Four new tenants sign into Glen Town Center

    Chicago — Four new tenants have joined the Glen Town Center in Glenview, Ill., according to CBRE, the broker in the transaction.

    Fast-casual burger chain MOOYAH made the center its 60th location in a roll-out with the goal of 100 restaurants by 2014. Pinot’s Palette, a national paint and sip franchise, is opening its third Illinois location and 48th overall. Mingle Juice is the third new tenant. Finally, The Curragh Tradition Irish Pub will make Glen Town Center its fourth location.

Related Topics

X
This ad will auto-close in 10 seconds