REAL ESTATE

Consolo, Aquino arrange Boyoung Kim debut store

BY Michael Fickes

New York — Korean fashion designer Boyoung Kim will open her first dedicated boutique on Columbus Avenue, said Faith Hope Consolo, chairman, and Joseph A. Aquino, executive VP of Douglas Elliman’s Retail Group.

Consolo and Aquino arranged the lease as part of the continuing repositioning of the block front encompassing 410 Columbus Avenue. The pair exclusively represent the landlord, Orleans Realty for the demi block-front, which encompasses five contiguous stores between 78th and 79th Streets, across from the American Museum of Natural History.

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REAL ESTATE

Grand opening for NOLA’s Mid-City Market

BY Michael Fickes

New York — Stirling Properties has opened the Mid-City Market in New Orleans, the firm’s largest group-up retail development in the city. A 54,390-sq.-ft Winn-Dixie anchors the 108,763-sq.-ft. shopping center. Stirling estimates that the center will generate annual retail sales of more than $61 million.

“Mid-City Market is proof that New Orleans is building back better than before,” said Mayor Mitch Landrieu at the grand opening last week. “This project took once blighted and vacant properties and transformed them into a retail and restaurant hub for the community.”

According to Stirling, the $40 million shopping center has created 504 new jobs in the area.

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News

SRS Real Estate Partners posts July transactions

BY CSA STAFF

Dallas — During July, SRS Real Estate Partners executed a host of transactions in major cities across the country:

In Atlanta, LifeWay Christian Stores has signed leases for two locations in Athens and Valdosta, Ga. The locations include a 4,696-sq.-ft. space at Epps Bridge Centre currently approaching completion in Athens and a 6,656-sq.-ft. freestanding space in Valdosta. SRS represented the tenant in both transactions. The Bishop Company represented the landlord at Epps Bridge Centre, and First Commercial Real Estate represented the landlord for the Valdosta property.

In New York, SRS negotiated three transactions on behalf of the landlord, Win Properties on Main Street in downtown Westport, Conn.

The new leases include a 1,350-sq.-ft. space taken by Freshii, a casual fast food concept. Cushman & Wakefield represented Freshii.

Represented by Bennett Bark of Open Realty Advisors, L’Occitane en Provence, a beauty and fragrance company took 909-sq. ft.

Diptyque Paris, a French perfumer, leased 677 sq. ft. The Dartmouth Company represented the boutique.

To the southwest in Phoenix, NextCare renewed its lease for a 4,083-sq.-ft. space in Tucson at Pima Street and Wilmot Road. SRS represented the tenant. Whirlygig Properties represented the landlord.

Also in Phoenix, Nellis Land LLC has sold the land and improvements at 2526 North 75th Avenue. The 2,971-sq.-ft. former Fazoli’s restaurant building in located across from Desert Sky Mall. SRS represented Nellis Land.

Not far from Phoenix, in Scottsdale, Ariz., C&H development has leased a 5,000-sq.-ft space at Scottsdale Commons to Sleep America. SRS represented the landlord. Colliers International represented Sleep America.

In Gilbert, Ariz., Kneaders Bakery & Café, a 3,669-sq.-ft triple net, single-tenant restaurant has sold to Noor Development. SRS and Coldwell Banker Utah represented the seller, FFG-AZ Development. Evergreen Commercial represented Noor.

Up in Portland, Cypress Equities has hired SRS to assist with the leasing of Lloyd Center, a 1,478,000-sq.-ft. enclosed, three-level shopping mall.

In Emeryville near San Francisco, Barnes & Noble has renewed its lease with Madison Marquette for a 30,012-sq.-ft. store in the Bay Street shopping district. SRS represented Barnes & Noble.

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