REAL ESTATE

RKF launches Toronto office

BY Michael Fickes

New York — RKF has opened an office in Toronto and named Steven Alikakos president, Canada. RKF’s Canadian expansion comes just weeks after the firm formalized an affiliation with the U.K.-based retail consulting firm CWM Retail Property Advisors.

A growing number of American retailers have launched stores north of the border in recent years, a trend expected to continue. Likewise, the U.S. has seen a wave of expansions from Canadian retailers. RKF hopes to play a role in sustaining and accelerating cross-border retail migration.

Steven Alikakos brings more than 22 years of retail leasing expertise to his new post. He most recently served as senior VP and senior manager at DTZ Canada (formerly J.J. Barnicke).

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REAL ESTATE

Dollar Tree to Brooks Crossing in Watauga, Texas

BY Michael Fickes

Watauga, Texas — Dollar Tree has leased an 8,450-sq.-ft. location at Brooks Crossing, a community retail center in Watauga, Texas. The Weitzman Group represented the shopping center, and The Retail Connection represented Dollar Tree.

The Brooks Crossing tenant line-up includes Albertsons, GameStop, Tuesday Morning, Chase, GNC, Subway, Taco Bell and others. Cencor Realty Services manages Brooks Crossing.

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Tabani Group buys Prescott Gateway in Prescott, Ariz.

BY Michael Fickes

Phoenix — The Tabani Group has acquired the 578,666-sq.-ft. Prescott Gateway Mall in Prescott, Ariz., according to CBRE, the broker that represented the undisclosed seller in the transaction.

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