Alexander McQueen to open on Madison Avenue
New York — SL Green Realty Corp. announced Wednesday that fashion retailer Alexander McQueen has signed a 15-year lease for a mid-block retail space at 747 Madison Avenue.
The tenant is expected to move into the space during third quarter 2013.
The retail co-op interest at 747 Madison is owned by a joint venture that includes SL Green, Jeff Sutton and Harel Insurance Co.
Blink Fitness, Hallmark open at College Plaza
Selden, N.Y. — Brixmor Property Group said that Blink Fitness and LeMarc’s Hallmark Shop recently opened at College Plaza, located in Selden, N.Y.
Blink Fitness opened a 15,416-sq.-ft. facility and Hallmark opened in 4,044 sq. ft.
Brixmor, based in New York City, owns and operates College Plaza.
Hunter Crossroads, Fort Worth, Texas
When an 180,000-sq.-ft. Walmart Supercenter opens at Hunter Crossroads this fall, it will mark the first major retail opening in the shopping center, which is part of a larger 160-acre planned mixed-use project.
Developed by Hunter Crossroads LP, the center is being leased by Transwestern, based in Dallas.
Construction on the new Walmart is more than halfway completed; expected opening date is September 2013 and the store will feature Walmart’s smaller, more efficient prototype in lieu of its more traditional 220,000-sq.-ft. layout.
In addition to the new Walmart, an adjacent 20,000-sq.-ft. retail development is expected to break ground in May. McDonald’s has committed to build a new restaurant at the property and other junior anchor retailers are currently negotiating for space, including quick-service restaurants, sit-down restaurants and convenience stores.