REAL ESTATE

Reebok leases store and gym space in Manhattan

BY Michael Fickes

New York — Reebok has leased an 11,600-sq.-ft. space at 1 Union Square West in Manhattan for a combination Reebok Fit Hub store and Reebok Cross-fit gym. Slated to open in the spring of 2014, the location will house the bran’s Manhattan flagship store and the largest Reebok Fit Hub in the chain.

The Reebok Fit Hub concept joins fitness apparel and footwear retail space with a full-function cross-fit gym. The retail portion will occupy 4,800 sq. ft. on the ground floor of the building, and the gym will occupy 6,800 sq. ft. on the lower level.

The store will join two other Manhattan locations as part of Fit Hub’s ten-store U.S. rollout.

RKF represented Reebok in negotiations for the long-term lease. The landlord, Buchbinder & Warren, represented itself.

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REAL ESTATE

Image redoes its image

BY Michael Fickes

Moreno Valley, Calif. — Image, a junior fashion retailer, has re-opened at the Moreno Valley Mall in Moreno Valley, Calif., with a big brand new image. The new store has expanded to 10,000 sq. ft. and is located on the lower level between Crazy 8 and Sports Treasure, according to Spinoso Real Estate Group, the mall’s property manager.

The Moreno Valley Mall is home to 130 stores, restaurants and entertainment companies including Harkins Theatres, Round 1, Victoria’s Secret, Zales, Aeropostale, Express, Footlocker, Forever 21, Hollister, The Children’s Place and New York & Co. Anchors are Macy’s, J.C. Penney and Sears.

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Carter’s to open in Alameda, Calif., center

BY Michael Fickes

Alameda, Calif. — Carter’s, a children’s clothing and accessories retailer, has signed a 10-year lease for a 4,178-sq.-ft. store at Alameda South Shore Center in Alameda, Calif., according to Jamestown, a real estate investment and management firm.

The new store, located close to Kohl’s, is scheduled to open in the first quarter of 2014. SRS Real Estate Partners represented Carter’s in the transaction.

South Shore Center is a 594,000-sq.-ft. open-air shopping center.

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