REAL ESTATE

  • Quantum Capital arranges refi for Las Vegas retail centers

    Beverly Hills, Calif. — Quantum Capital Partners, a real estate finance and advisory firm, has arranged two new loans to refinance two retail properties in Las Vegas for a private investor.

    A $1.04 million loan will refinance the 12,000-sq.-ft. El Mercado, an L-shaped retail center in east Las Vegas, and a $1.19 million loan will refinance Wigwam, a 10,300-sq.-ft. strip center about four miles south of the Las Vegas Strip.

  • 99 Cents Only opens California store Nov. 14

    City of Commerce, Calif. – 99 Cents Only Stores is opening a new store in Ladera Heights, Calif., on Nov. 14. The new store is approximately 19,000 sq. ft. and will feature a perishable food department, including produce, dairy and frozen foods.

    99 Cents Only Stores currently operates 334 extreme value retail stores consisting of 240 stores in California, 44 in Texas, 33 in Arizona, and 17 in Nevada.

  • Lane Bryant opens four shopping center stores Nov. 8

    Columbus, Ohio – Lane Bryant is opening four stores at different shopping centers on Nov. 8. These locations include a refreshed store at Eastwood Towne Center and a new store at The Marketplace at Delta Township in Lansing, Mich., as well as new stores at the Clackamas Promenade in Clackamas, Ore., and the Epps Bridge Center in Athens, Ga.

    Lane Bryant operates more than 800 full-line and outlet stores in 48 states nationwide.

  • Red Robin opens in Secaucus, N.J., and Cincinnati

    Greenwood Village, Colo. — Red Robin Gourmet Burgers has announced that it will open two new restaurants, one in Secaucus, N.J., and another in the Cincinnati metro area. To help celebrate the grand opening of the new restaurants, the company will donate the proceeds of all sales of its signature Freckled Lemonade during the two restaurants’ first week of operation to Alex’s Lemonade Stand Foundation, a non-profit organization dedicated to finding cures for kids with cancer.

  • Togo’s announces nine franchise agreements in California

    San Jose, Calif. — Togo’s Eateries has announced signed development agreements with new and existing franchisees to open nine new restaurants in markets across California. The company will open two restaurants in downtown Los Angeles, two in midtown and downtown Sacramento, and single units in San Jose, Santa Cruz, Riverbank, El Centro and Petaluma.

  • Winick adds broker team in Cranford, N.J.

    New York -- Winick Realty Group has welcomed the broker team of Alison Cohen and Susan Preisler to its New Jersey branch, in Cranford. Cohen and Preisler have been partners for more than a decade, starting up a retail division at Hirschman Realty before moving to Vanguard Realty.

    As a team, they specialize in leasing regional shopping centers, a specialty they plan to continue as part of Winick, working with both landlords and tenants.

     

  • Meijer opens Illinois supercenter

    Grand Rapids, Mich. - Meijer will open a supercenter in Danville, Ill., on Nov. 7, marking its final of six new stores the retailer has opened this year in the Midwest. The 190,000-sq.-ft. store has created 300 new jobs and provides local residents a 24-hour shopping option.

  • WinCo announces stores in Idaho and California

    Boise, Idaho — WinCo Foods has announced that it will open two new discount supermarkets on November 7. The stores are located in Coeur D’Alene, Idaho and in Norco, Calif. and span 75,000 sq. ft. and 65,000 sq. ft. respectively.

  • West Elm opens Huntington, N.Y., store Nov. 7

    Brooklyn, NY. -- Home furnishings retailer West Elm will open a new store in Huntington Station, N.Y. at the Walt Whitman Shops on Nov. 7. The 9,948-sq.-ft. store is the brand’s first location on Long Island.

    “We are excited to continue to grow the West Elm brand with new locations around the world,” said Jim Brett, president of West Elm. “The Walt Whitman store will be a creative, community-driven space with products and services designed to help customers discover their personal style at home.”

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