REAL ESTATE

Gourmet Garage to sixth Manhattan location

BY Michael Fickes

New York City — Gourmet Garage, an upscale market with five Manhattan locations, has signed a lease for a sixth Manhattan location at Collect Pond House, a co-op building at 366 Broadway.

The market will occupy approximately 6,435 sq. ft. on the ground floor and 3,510 sq. ft. in the lower level. An additional 910 sq. ft. in the mezzanine will provide seating.

“366 Broadway sits at the apex of SoHo, Tribeca and the Financial District, and this area is currently in transition as many of the buildings on Broadway go through residential conversions,” said Darrell Rubens, executive VP of Winick Realty Group (www.winick.com), which represented the co-op board at Collect Pond House in the transaction.

Shopping Center Group and Vision Property Group LLC represented Gourmet Garage.

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REAL ESTATE

Destin Commons adds two retailers

BY Michael Fickes

Destin, Fla. — Charming Charlie and Icing by Claire’s will open at Destin Commons in Destin, Fla., next summer as part of the Northwest Florida center’s 100,000-sq.-ft. expansion.

H&M and Uncle Buck’s Fish Bowl & Grill will anchor the expansion wing.

Charming Charlie, a fashion accessories retailer, will occupy more than 6,000 sq. ft. next to Uncle Buck’s.

Icing by Claire’s, a second brand by parent company Claire’s, will occupy nearly 2,000 sq. ft. near H&M. Icing offers jewelry and accessories.

Set on 56 acres, Destin Commons (www.destincommons.com) features more than 70 stores and restaurants including Bass Pro Shops, Belk and the AMC Destin 14-screen stadium style movie theater. The center also offers 70,000 sq. ft. of Class A office space, a pop fountain and a Pirate’s Cove children’s soft play area.

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REAL ESTATE

Retail Properties of America names VP

BY Michael Fickes

Oak Brook, Ill. — Retail Properties of America has appointed Matthew Beverly VP, director of investments — east region. In his new post, Beverly will lead investment activity through the evaluation and execution of acquisition and dispositions for all markets east of the Mississippi River.

Prior to joining the company, Beverly served as VP, investments with General Growth Properties. At GGP, he closed over $3 billion in investments including dispositions of non-core properties and acquisitions of new shopping centers, urban retail properties and joint venture ownership interests.

Beverly will partner with Michael Hazinski, VP, director of investments — west region for Retail Properties of America.

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