REAL ESTATE

Poulet Rose to open on Upper East Side

BY Staff Writer

New York City — Prudential Douglas Elliman’s Retail Group said it has arranged a long-term lease at 1225 Madison Avenue for Poulet Rose, the recently launched tween division of young girl’s fashion and accessories brand Pink Chicken.

The current lease represents the brands’ first standalone store in New York City, with only one other, a Pink Chicken, located in Amagansett.

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REAL ESTATE

Free People, Allen Edmonds to open Cleveland locations

BY Katherine Boccaccio

Woodmere, Ohio — Urban Outfitters’ concept Free People, as well as men’s shoe retailer Allen Edmonds, will make their debut to the Northeast Ohio market when they open their doors at Eton Chagrin Boulevard.

The Eton location is Free People’s first Ohio boutique while the only other Allen Edmonds stand-alone store in the state is an outlet store in Jefferson, Ohio.

“Adding these two new exclusive fashion retailers is a perfect reflection of the experience shoppers expect when they visit Eton Chagrin Boulevard – upscale with an exclusive assortment of products currently unavailable elsewhere in the market or state,” said Robert Stark, president and CEO of Stark Enterprises. Eton Chagrin Boulevard is a lifestyle property consisting of 330,000 sq. ft. of upscale retailers, specialty shops and exclusive dining.

Both new stores are slated to open in the fall.

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Stirling Properties acquires Avant Properties

BY Katherine Boccaccio

Covington, La. — Stirling Properties announced it has acquired Shreveport, La.-based Avant Properties, strengthening Stirling’s presence in the Gulf South.

Avant Properties’ current personnel and portfolio will be integrated into Stirling Properties operations.

Typically known for developing and managing several successful shopping centers in the Shreveport/Bossier City region, Stirling Properties’ purchase of Avant Properties expands the company’s office and retail management portfolio, which now includes two of the most prominent high-rise office buildings in the Shreveport Central Business District, Chase Tower and American Tower, along with Pierremont Mall, Shreveport’s landmark retail destination and first mall. The combined portfolio of over 14 million sq. ft. makes Stirling Properties the largest management and brokerage firm in the Shreveport/Bossier City region.

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