REAL ESTATE

Nadeau to open in Greenwich Village

BY CSA STAFF

New York City — Robert K. Futterman & Associates said it has completed a 7,800-sq.-ft. retail lease with Nadeau at 57 East 11th St. in New York City’s Greenwich Village.

The furniture retailer will occupy a combined 4,300 sq. ft. on the ground floor and 3,500 sq. ft. in the basement and is scheduled to open in first quarter 2011. This will be the first New York City location for the brand.

Nadeau is headquartered in Santa Monica, Calif., and currently has 15 locations nationwide.

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REAL ESTATE

Giggle debuts in Arizona with Scottsdale Quarter location

BY CSA STAFF

Scottsdale, Ariz. — Columbus, Ohio-based Glimcher Realty Trust announced that infant furniture, accessory and clothing retailer giggle has joined the growing tenant roster at its Scottsdale Quarter project in Scottsdale, Ariz.

The new store, which opened Dec. 2, is giggle’s 13th store and first in the state of Arizona.

The giggle store will join other national tenants at Scottsdale Quarter, including Nike; Apple Store; A/X Armani Exchange; H&M, West Elm; and IPic Theaters.

A 28-acre mixed-use development, Scottsdale Quarter occupies 370,000 sq. ft. Phase I of the three-phase development came online in 2009, with Phase II opening throughout the balance of 2010 and into first quarter 2011.

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REAL ESTATE

JLL brokers sale of Bradley Square Mall

BY CSA STAFF

Cleveland, Tenn. — Atlanta-based Jones Lang LaSalle said it has completed the sale of Bradley Square Mall in Cleveland, Tenn., to Baton Rouge, La.-based MD Ruston Properties, LLC on behalf of a special servicer.

The 406,845-sq.-ft. regional mall is anchored by Belk, J.C. Penney, Sears and Kmart.

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