REAL ESTATE

Disney Store names RCS partner of year

BY CSA STAFF

New York City RCS Real Estate Advisors said Tuesday it has been named Partner of the Year by the Disney Store for RCS’s work on the Disney real estate strategy.

RCS is being honored for achieving Disney’s real estate objectives in portfolio optimization and successful negotiations with landlords for new core store and high street deals.

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REAL ESTATE

Saks Fifth Avenue OFF 5TH expands

BY CSA STAFF

Dallas Saks Fifth Avenue OFF 5TH store will open a 28,000-sq.-ft. store at Park Lane, a 33.5-acre mixed-use development located in Dallas that sits across from NorthPark Center mall.

The company has a total of 55 Saks Fifth Avenue OFF 5TH stores in 23 states. The Dallas location is the company’s sixth new store to open in 2009.

At completion, Park Lane will be a 2.4 million-sq.-ft. mixed-use development with shopping, dining and entertainment venues, office space and luxury residential units.

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REAL ESTATE

Fresh & Easy to open in Fresno

BY CSA STAFF

El Segundo, Calif. Fresh & Easy Neighborhood Markets said it plans to begin opening stores in the Fresno, Calif., area before the end of the year.

Five additional openings are scheduled for the area in February, with six more later in 2010 and into 2011.

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