REAL ESTATE

Chill Berry to open in upper Manhattan

BY Staff Writer

New York — Prudential Douglas Elliman’s Retail Group said it has secured a long-term lease for Chill Berry Frozen Yogurt at 2121 Frederick Douglass Blvd., between 114th and 115th Streets in New York City.

It is the second of two Harlem-based stores for the owners, with the first on Lenox Avenue and 131st Street.

Neighboring businesses along the corridor include Harlem Tavern, the 5 and Diamond, Jado Sushi, Posh Paws, Mod Squad Cycles and Best Yet Market.

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REAL ESTATE

Garrison acquires 13-property retail portfolio

BY Katherine Boccaccio

New York — Garrison Investment Group said Tuesday it has acquired a 13-property portfolio totaling 1.7 million sq. ft. of neighborhood and community shopping centers in Ohio and Indiana. The seller is Kimco Realty Corp.

The 13 properties feature retailers such as T.J. Maxx, Giant Eagle, Kroger, Bed Bath & Beyond and Home Depot.

Garrison engaged Cincinnati-based Select Strategies Realty manage and lease the properties.

Garrison also purchased The Shoppes at West Melbourne in West Melbourne, Fla., from Kimco earlier this year.

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S.Tran says:
Apr-24-2013 08:56 pm

The 13 properties feature retailers such as T.J. Maxx, Giant Eagle, Kroger, Bed Bath & Beyond and Home Depot.chatrandom

S.Tran says:
Apr-24-2013 08:56 pm

The 13 properties feature retailers such as T.J. Maxx, Giant Eagle, Kroger, Bed Bath & Beyond and Home Depot.chatrandom

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REAL ESTATE

Nordstrom Rack to open in Cleveland, Chicago

BY Katherine Boccaccio

Seattle — Nordstrom Inc. said Tuesday that it has opened a second Cleveland Nordstrom Rack store – at the Promenade in Crocker Park, owned and managed by Stark Enterprises.

The 34,000-sq.-ft. store is slated to open fall 2013 in a former Border’s space at the lifestyle shopping center located in Westlake, Ohio, and tenanted by Bed Bath & Beyond, H&M, Trader Joe’s, Victoria’s Secret and The Cheesecake Factory.

Another new Nordstrom Rack location will open in Chicago’s Lincoln Park neighborhood in spring 2014. The 40,000-sq.-ft., two-level store will open at Collection Anex, a new retail development owned by Centrum Partners.

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