\r\n \r\nAshley Furniture is the top selling furniture store brand in the world and the top retailer of furniture and bedding in the U.S. The company’s stores operate throughout the U.S., Canada, Mexico, Central America and Japan. \r\n \r","showSummary":null,"url":"/real-estate/ashley-furniture-signs-seacourt-pavilion","date":"2013-10-03T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Art Van PureSleep to open in West Bloomfield, Mich.","id":74645,"bundle":"article","summary":"\r\n\r\nNormal\r\n0\r\n\r\n\r\nfalse\r\nfalse\r\nfalse\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\nMicrosoftInternetExplorer4\r\n\r\n","showSummary":null,"url":"/real-estate/art-van-puresleep-open-west-bloomfield-mich","date":"2013-10-03T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Re-Inventing Power Centers","id":74626,"bundle":"article","summary":"
Across America, big-box centers are powering back up
Power centers have proven themselves to be a resilient asset class in recent years. First the recession cut into business. Then e-commerce leveled some of their big-box tenants, hurt others and ignited a downsizing trend.
Yet research from Washington, D.C.-based CoStar Group shows that only 2% of power centers have vacancy rates of 40% or higher and probably won’t recover. Another 6% have vacancy rates of 20% to 40% and are in serious condition but may recover.
","showSummary":null,"url":"/real-estate/re-inventing-power-centers","date":"2013-10-03T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":{"id":34206,"url":"https://assets1.chainstoreage.com/styles/secondary_articles_short/s3/teaser_image_26205.jpg?itok=1ZHxdLwr","width":4256,"height":2832,"alt":null},"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Fairway Markets plans New York store","id":74623,"bundle":"article","summary":"
New York - Fairway Group Holdings Corp., the parent company of Fairway Market, is opening a 65,000-sq.-ft. store in Nanuet, N.Y., on Oct. 10. \r\n \r\n"We're excited to make our newest home at this premier shopping destination in Nanuet and are also very pleased to be creating more than 300 new jobs in the area," said Charles Santoro, Fairway Market's executive chairman. \r\n \r","showSummary":null,"url":"/real-estate/fairway-markets-plans-new-york-store","date":"2013-10-03T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Wolverine opens first retail store","id":74617,"bundle":"article","summary":"
New York -- Wolverine has opened its first permanent store, in New York City’s Nolita neighborhood. \r\n \r\nThe store follows a successful pop-up the brand launched last fall. The brand; new location follows the successful New York pop-up venture in fall 2012, and will again offer a curated selection of goods that share Wolverine's commitment to quality, heritage and craftsmanship. \r\n \r","showSummary":null,"url":"/real-estate/wolverine-opens-first-retail-store","date":"2013-10-03T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":{"id":34210,"url":"https://assets1.chainstoreage.com/styles/secondary_articles_short/s3/teaser_image_26215.jpg?itok=q3jX5cBB","width":600,"height":400,"alt":null},"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Teva opens first retail store","id":74607,"bundle":"article","summary":"
Goleta, Calif. -- Teva has opened its first retail location, at Orlando Premium Outlets, in Orlando, Fla. The store features footwear for travel and everyday adventure, from sandals and trail shoes to sneakers, boots, and water shoes. \r\n \r","showSummary":null,"url":"/real-estate/teva-opens-first-retail-store","date":"2013-10-03T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":{"id":34216,"url":"https://assets1.chainstoreage.com/styles/secondary_articles_short/s3/teaser_image_26225.jpg?itok=PWFsgbvp","width":800,"height":600,"alt":null},"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Premium Outlets Montreal break ground","id":74649,"bundle":"article","summary":"
Montreal — Simon Property Group, SmartCentres and Calloway REIT hosted a groundbreaking ceremony on Oct. 2 to begin construction of Premium Outlets Montreal, the second Premium Outlet Center in Canada. \r\n \r","showSummary":null,"url":"/real-estate/premium-outlets-montreal-break-ground","date":"2013-10-03T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Just Salad leases space in Hudson Square","id":74646,"bundle":"article","summary":"
New York — Just Salad has leased a 1,434 sq. ft. ground floor space at 325 Hudson Street, a 10-store, 240,000-sq.-ft. building in the heart of New York City’s Hudson Square. \r\n \r\nNew Street Realty Advisors represented Just Salad in lease negotiations with landlord Jamestown Properties.
\r\n
","showSummary":null,"url":"/real-estate/just-salad-leases-space-hudson-square","date":"2013-10-03T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Mixed-Use at Work","id":74627,"bundle":"article","summary":"
Mixed-use development works for trade areas where demand matches each use
Different developers look at mixed-use in different ways. One developer will look for trade areas that provide solid demand for retail, residential, office and perhaps other uses. The goal is to create developments where no single use dominates the others.
Still other developers gauge the demand for various uses and adjust the use offerings to match demand. In such cases, one use may dominate the center.
The Trademark approach to demand
","showSummary":null,"url":"/real-estate/mixed-use-work","date":"2013-10-03T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":{"id":34204,"url":"https://assets1.chainstoreage.com/styles/secondary_articles_short/s3/teaser_image_26201.jpg?itok=cUfNO71X","width":5100,"height":1979,"alt":null},"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"West Elm to make Alabama debut","id":74624,"bundle":"article","summary":"
Brooklyn, N.Y. - West Elm, a division of Williams-Sonoma, will open a store in Birmingham, Ala., on Thursday, Oct. 10. The 8,000-sq.-ft. store is located in The Summit Birmingham shopping center. \r\n \r","showSummary":null,"url":"/real-estate/west-elm-make-alabama-debut","date":"2013-10-03T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]}]},"title":"REAL ESTATE","contentParagraphs":null,"sections":null};
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Toms River, N.J. — Ashley Furniture has leased 34,097 sq. ft. at Seacourt Pavilion in Toms River, N.J. The new store is slated to open in April 2014. Metro Commercial Real Estate represented the owner, SP Acquisition Associations.
Ashley Furniture is the top selling furniture store brand in the world and the top retailer of furniture and bedding in the U.S. The company’s stores operate throughout the U.S., Canada, Mexico, Central America and Japan.
Across America, big-box centers are powering back up
Power centers have proven themselves to be a resilient asset class in recent years. First the recession cut into business. Then e-commerce leveled some of their big-box tenants, hurt others and ignited a downsizing trend.
Yet research from Washington, D.C.-based CoStar Group shows that only 2% of power centers have vacancy rates of 40% or higher and probably won’t recover. Another 6% have vacancy rates of 20% to 40% and are in serious condition but may recover.
New York - Fairway Group Holdings Corp., the parent company of Fairway Market, is opening a 65,000-sq.-ft. store in Nanuet, N.Y., on Oct. 10.
"We're excited to make our newest home at this premier shopping destination in Nanuet and are also very pleased to be creating more than 300 new jobs in the area," said Charles Santoro, Fairway Market's executive chairman.
New York -- Wolverine has opened its first permanent store, in New York City’s Nolita neighborhood.
The store follows a successful pop-up the brand launched last fall. The brand; new location follows the successful New York pop-up venture in fall 2012, and will again offer a curated selection of goods that share Wolverine's commitment to quality, heritage and craftsmanship.
Goleta, Calif. -- Teva has opened its first retail location, at Orlando Premium Outlets, in Orlando, Fla. The store features footwear for travel and everyday adventure, from sandals and trail shoes to sneakers, boots, and water shoes.
Montreal — Simon Property Group, SmartCentres and Calloway REIT hosted a groundbreaking ceremony on Oct. 2 to begin construction of Premium Outlets Montreal, the second Premium Outlet Center in Canada.
New York — Just Salad has leased a 1,434 sq. ft. ground floor space at 325 Hudson Street, a 10-store, 240,000-sq.-ft. building in the heart of New York City’s Hudson Square.
New Street Realty Advisors represented Just Salad in lease negotiations with landlord Jamestown Properties.
Mixed-use development works for trade areas where demand matches each use
Different developers look at mixed-use in different ways. One developer will look for trade areas that provide solid demand for retail, residential, office and perhaps other uses. The goal is to create developments where no single use dominates the others.
Still other developers gauge the demand for various uses and adjust the use offerings to match demand. In such cases, one use may dominate the center.
Brooklyn, N.Y. - West Elm, a division of Williams-Sonoma, will open a store in Birmingham, Ala., on Thursday, Oct. 10. The 8,000-sq.-ft. store is located in The Summit Birmingham shopping center.