REAL ESTATE

CAX Architects joins KTGY Group

BY CSA STAFF

Irvine, Calif. Tysons Corner, Va.-based architectural firm CAX said Monday it has merged with Irvine, Calif.-based KTGY Group to strengthen market coverage.

“This merger greatly strengthens KTGY’s national presence,” said Tricia Esser, CEO of KTGY. “The combined firms will provide coast-to-coast services to clients in single-family, multi-family, senior communities, student housing, military housing and mixed-use markets.”

CAX principal Rohit Anand will assume management responsibility for KTGY’s Tysons Corner office.

KTGY said the new arrangement significantly enhances its capabilities to serve established clientele. KTGY’s established markets include Southern and Northern California; Utah’s Salt Lake City area; Denver; Las Vegas and Phoenix. With the KTGY/CAX merger, the firm now additionally serves metro Washington, D.C.; Boston; the New York/New Jersey metro areas and the Carolinas.

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REAL ESTATE

Dick’s Sporting Goods honors Cafaro

BY CSA STAFF

Youngstown, Ohio Cafaro Co. said it has been named “Developer of the Year” by Dick’s Sporting Goods, which opened four new stores in Cafaro shopping centers in 2010.

Dick’s executives called Cafaro “a standout developer, going above and beyond others in facilitating a deal or deals. Cafaro was selected because of their commitment to redevelopment of their properties, their fair business dealings, and a willingness to understand the business proposition from a retailer’s perspective: working with us on signage and other details that we view as critical to the success of our stores.”

This is the second year Dick’s has presented the award.

 

In April, Dick’s debuted a 60,000-sq.-ft. store at South Hill Mall (Puyallup, Wash.), followed by an August opening at Governor’s Square Mall (Clarksville, Tenn.) In November, Dick’s Sporting Goods will open at Kentucky Oaks Mall (Paducah, Ky.) and Kennedy Mall (Dubuque, Iowa).

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REAL ESTATE

Joie to open first U.S. store at 1200 Madison Ave.

BY CSA STAFF

New York City Robert K. Futterman & Associates said it has arranged a 1,346-sq.-ft. retail lease with Joie for the brand’s first U.S. store, to be located at 1200 Madison Ave., between 87th and 88th Streets on New York City’s Upper East Side.

The fashion and accessories retailer will occupy 1,025 sq. ft. on the ground floor and 321 sq. ft. of basement space. The store is scheduled to open in spring 2011. 

The Joie brand currently is sold through high-end department stores, specialty shops and 10 licensed boutiques in Japan, as well as has a free-standing boutique in Paris.

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