REAL ESTATE

Cohen brokers sale of Hartford shopping center to Inland

BY Staff Writer

Newington, Conn. — Cohen Real Estate said Thursday that it has brokered the sale of Newington Fair Shopping Center for $17.5 million to Inland Diversified Real Estate.

The property is a 100 % occupied, 187,000-sq.-ft. power center located in the community of Newington, and is anchored by a 135,000-sq.-ft. Sam’s Wholesale Club and a 52,000-sq.-ft. L.A. Fitness.

The seller is a Houston-based developer, owner and manager of single and multi-tenant retail properties.

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REAL ESTATE

European Wax Center to open at Murray Hill

BY Staff Writer

New York — Winick Realty Group announced that European Wax Center has signed a lease for its first Murray Hill location at 222 East 34th Street, between Second and Third Avenues. The 1,900-sq.-ft., ground-floor store is slated to open this spring.

The store is part of the newly developed retail at the base of 480-unit luxury apartment building The Anthem.

Winick Realty Group is exclusively handling retail leasing on the building on behalf of landlord Rosebud Associates.

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REAL ESTATE

Real estate continues recovery in Q4

BY Katherine Boccaccio

Los Angeles — CBRE Group reported Thursday that, despite sluggish economic growth, the U.S. commercial real estate market remained on a recovery path in fourth quarter 2012.

The retail availability rate declined slightly to 12.8%, down 10 bps compared with the previous quarter.

“The broken record of slow but positive progress toward a real estate recovery continues to repeat,” said Jon Southard, managing director of CBRE’s Econometric Advisors Group.

CBRE said that retailers remain wary of taking on substantial amounts of new space but the slow decline in availability continued with the rate falling to 12.8% in fourth quarter 2012, down 30 bps compared with the rate one year ago. A majority of the retail markets recorded either flat or declining availability rates compared with one quarter ago. Some notable performers were Denver, Cincinnati, Fort Worth, Kansas City and Minneapolis; each of these markets recorded a decline of at or above 60 bps. On the other end of the spectrum, markets such as Tulsa, Long Island and Bakersfield recorded increases in availability rates of at or over 50 bps in fourth quarter 2012.

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duyentran607 says:
Apr-20-2013 10:55 pm

“The broken record of slow but positive progress toward a real estate recovery continues to repeat,” said Jon Southard, managing director of CBRE’s Econometric Advisors Group.Chatrandom.com

P.Lopez says:
Apr-10-2013 10:39 am

Some notable performers were Denver, Cincinnati, Fort Worth, Kansas City and Minneapolis; each of these markets recorded a decline of at or above 60 bps. chat random

P.Lopez says:
Apr-10-2013 10:39 am

Some notable performers were Denver, Cincinnati, Fort Worth, Kansas City and Minneapolis; each of these markets recorded a decline of at or above 60 bps. chat random

A.Ansel says:
Mar-07-2013 01:50 pm

Another definition describes retail space planning as the study of the distribution of space allotted to particular categories in relationship to their productivity and their inventory balances. Still another definition characterizes the term more literally and refers instead to store fixture layouts.cimaises

A.Ansel says:
Mar-07-2013 01:50 pm

Another definition describes retail space planning as the study of the distribution of space allotted to particular categories in relationship to their productivity and their inventory balances. Still another definition characterizes the term more literally and refers instead to store fixture layouts.cimaises

B.Barnaby says:
Mar-04-2013 09:56 pm

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B.Barnaby says:
Mar-04-2013 09:56 pm

A person who is wanting to buy a new house or property oftentimes works with some financial institution, mortgage broker, or perhaps a a real estate broker. But the truth yet still remains to be that a home buyer can easily talk directly with the actual current home owner. click here

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