REAL ESTATE

CSA to name ‘Top Redevelopers’ for 10th straight year

BY Katherine Boccaccio

New YorkChain Store Age is conducting its 10th annual survey of the Top Redevelopers in the United States. Survey results, which measure renovated and redeveloped projects completed within the last 12 months (June 30, 2013 to June 30, 2014), will appear in the November 2014 issue of Chain Store Age.

Deadline for submission is September 15, 2014. To enter, click here.

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REAL ESTATE

Seiko makes U.S. boutique debut on Madison Avenue

BY Katherine Boccaccio

New York — Seiko Corporation of America, a subsidiary of Seiko Watch Corporation, announced the grand opening of its first Seiko boutique to enter the United States at 510 Madison Avenue in New York City.

The New York Seiko boutique is primarily dedicated to Seiko’s collections, but also features boutique exclusives.

"The opening of the US market’s first boutique in New York City is achieving a passionate goal of mine, as I believe that the US market is the most important for Seiko outside of Japan," said Shinji Hattori, president and CEO of Seiko Watch Corporation. "Seiko has been seeking the most ideal timing and location to spotlight our product, catering to our affordable luxury timepieces. Opening a boutique in a market such as New York City does just that, following standards from Seiko boutiques in Paris, Amsterdam, Hong Kong and Cairo as well as the original Wako luxury specialty store opened in 1881 in Tokyo."

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Mid-America represents SARAR in Chicago location

BY Katherine Boccaccio

Chicago — Turkish fashion concept, SARAR, signed a lease at 111 West Washington Street in Chicago for 3,139 sq. ft. Mid-America Vice President Michael Wexler represented SARAR in the transaction. Danielle Rudas and John Vance of Stone Real Estate represented the landlord.

This will be SARAR’s third location in Illinois. The new location is expected to open in fall 2014.

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