REAL ESTATE

RHYS Commercial appoints retail services division exec

BY CSA STAFF

Stamford, Conn. The Retail Services Division of RHYS Commercial announced it has appointed Dominick Musilli to the position of executive VP and principal.

Musilli was previously an executive managing director and partner at FirstService Real Estate Advisors.

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REAL ESTATE

WHO.A.U. to open flagship location on 34th Street

BY CSA STAFF

New York City WHO.A.U. California Dream, an international youth-oriented casual fashion chain from Seoul, Korea, will open its flagship New York City store at 22 West 34th Street.

The transaction was handled and announced by the leasing team of Faith Hope Consolo, chairman, and Joseph Aquino, executive VP of the Prudential Douglas Elliman Retail Group.

WHO.A.U. has leased a two-level, 12,000-sq.-ft. site close to other street newcomers such as Aeropostale, Geox, Esprit and Desigual, creating a new focus for the legendary retail corridor.

The store represents WHO.A.U.’s first foray outside suburban malls in the United States.

“This is such a significant new entry for the retail mix along 34th Street,’” said Consolo, who with Aquino is spearheading the chain’s U.S. expansion on an exclusive basis. “The move positions WHO.A.U. in the heart of the hottest shopping district in the country for youth market shoppers and brings its presence to the forefront.”

WHO.A.U. made its U.S. launch in 2007. Its New York City debut will be in a site adjacent to the Empire State Building, and facing such other retail giants as Banana Republic, Forever 21, H&M, Victoria’s Secret and Old Navy.

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REAL ESTATE

Arrow Retail names managing director

BY CSA STAFF

Dallas Arrow Retail, an acquisition firm focused on taking ownership positions in quality retail properties that need to be recapitalized or repositioned, has hired Dan Slattery as the new managing director.

As managing director, Slattery is charged with overseeing national acquisitions across a retail platform that is affiliated with 20 regional offices of SRS Real Estate Partners and five Cypress Equities development offices.

He will be based in Arrow Retail’s Chicago office.

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