REAL ESTATE

EDENS signs four at Park Road in Charlotte, N.C.

BY Michael Fickes

Columbia, S.C. — EDENS has announced that four new local retailers and restaurants will open at Park Road Shopping Center in Charlotte, N.C., in the coming months.

The newly announced additions include:

• Cantina 1511, a Mexican eatery, plans to open toward the end of this summer.

• Va Da Vie is a local gelato store scheduled to open in February.

• LALA Girl, a locally owned beauty service makeup bar, plans to open this spring.

• RockSalt, a Rappahannock Oyster Co. concept, is a farm-to-table restaurant, which also has a seafood orientation.

These new retail concepts will accompany the relocation of Omega Sports within the center. Omega has taken part of the former Rack Room space and plans to introduce a new prototype.

EDENS acquired Park Road in 2011. Extensive renovations have improved traffic circulation, created more of a walk-able community, improved outdoor dining areas and landscaping, added new outdoor dining areas and enhanced the center’s façade, storefronts and sidewalks.

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REAL ESTATE

Le Pain Quotidien leases Manhattan location

BY Michael Fickes

New York — Le Pain Quotidien has leased a 3,100-sq.-ft. retail location at 1006 First Avenue, on the northeast corner of East 55th Street. A former Chase Bank location, the site offers 65 ft. of frontage set slightly above street level, allowing for excellent visibility and signage.

Le Pain Quotidien, an organic bakery and communal table restaurant, has more than 200 locations on five continents.

Winick Realty Group represented the landlord, 400 Plaza Owners Corp., in the long-term lease negotiations leading to the transaction. CBRE represented the tenant.

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REAL ESTATE

CBRE acquires Greenville, S.C.-based affiliate

BY Michael Fickes

Los Angeles — CBRE Group has acquired the commercial real estate brokerage, investment property sales and property management services business of The Furman Co. and certain of its affiliates. Those business lines have served as CBRE’s affiliate in South Carolina, and have operated under the banner of CBRE|Furman since 2010.

CBRE|Furman serves the 10-county upstate region of South Carolina. The acquisition enhances CBRE’s capabilities in the region, adding 18 sales and leasing professionals, staff and 4.5 million sq. ft. of office, retail and industrial property under management. With the acquisition, the CBRE|Furman business will now operate as CBRE.

The Furman Co. will retain ownership and control of its development, investment advisory and risk management/insurance agency businesses. Those businesses will continue to operate independently as The Furman Co. under the leadership of Steve Navarro, president of The Furman Co. Navarro will remain affiliated with CBRE in a consulting capacity focused on CBRE client service.

Steve Smith, managing principal of CBRE|Furman, will join CBRE as managing director of its operations in South Carolina.

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