REAL ESTATE

Magic Carpets to open in D&D District in Manhattan

BY CSA STAFF

New York City Prudential Douglas Elliman’s Retail Group said Thursday that Persian carpet purveyor Keypour Collection will open at 989 Third Avenue, a free-standing brand building in the D&D District.

Located on one of the busiest corridors in the city, a block shared by the Design & Decoration Building, as well as Bloomingdale’s and the Bloomberg Building, it is the former longtime home of the Rugs & Kilm Shop.

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REAL ESTATE

In-N-Out Burger to open new location in Tucson

BY CSA STAFF

Tucson, Ariz. Commercial Retail Advisors said Wednesday that In-N-Out Burger has signed a 20-year lease with General Growth Properties for a 45,000-sq.-ft. padsite at the Oracle Road entrance of the Tucson Mall in Tucson, Ariz.

A new 3,500-sq.-ft. drive-thru restaurant building will be constructed on the site. Construction is scheduled to start in September with opening planned for first quarter 2011. 

This restaurant will be In-N-Out Burger’s sixth within the Tucson area.

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Old Navy to open at Magnolia Mall

BY CSA STAFF

Florence, S.C. Philadelphia-based Pennsylvania Real Estate Investment Trust (PREIT) said Wednesday that Old Navy has signed a lease to open a store at Magnolia Mall in Florence, S.C.

The retailer will occupy 12,001 sq. ft. at the main entrance adjacent to Ruby Tuesday and will celebrate its grand opening in early November.

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