REAL ESTATE

Robert Graham to open store at Mohegan Sun resort

BY Dan Berthiaume

New York – Robert Graham has signed a new lease agreement to open a branded retail store featuring the full Robert Graham collection in The Shops at Mohegan Sun in Uncasville, Conn. The store will carry the complete range of Robert Graham apparel products.

"Mohegan Sun is a leading Connecticut destination offering some of the most unique state-of-the-art facilities and we are very excited about opening one of our newest locations here in 2014," said Michael Buckley, CEO of Robert Graham. "The complex attracts people from all over the globe and we are very excited to showcase the full range of the Robert Graham collection to such a diverse and discerning client."

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REAL ESTATE

Pine Tree names omni-channel marketing director

BY Michael Fickes

Northbrook, Ill. — Pine Tree Commercial Realty LLC has appointed Graham Grochocinski to serve as the firm’s director of omni-channel marketing and social media.

Grochocinski will handle Pine Tree’s omni-channel retail coordination as well as the firm’s social and digital communications.

Grochocinski comes to Pine Tree from USAgain, an award-winning recycling company, where he managed the integrated marketing efforts for lead generation and branding.

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REAL ESTATE

Urstadt Biddle acquires two New Jersey shopping centers

BY Michael Fickes

Greenwich, Conn. — Urstadt Biddle Properties Inc. has acquired two shopping centers in New Jersey: Boonton A&P Center in Boonton and Bloomfield A&P Center in Bloomfield.

The company paid $18.4 million, subject to an existing $7.8 million mortgage, for the 63,000-sq.-ft. Boonton A&P Center. Constructed in 1999, the center features a 49,463-sq.-ft. A&P plus Dunkin’ donuts, Chase Bank, Subway, Supercuts and Sprint. More than 90% of the tenants are national or regional names.

Urstadt Biddle bought the 56,000-sq.-ft. Bloomfield A&P Center for $11 million, subject to an existing mortgage in the amount of $7.7 million. Built in 1977 and renovated in 1999, the Bloomfield center is anchored by a 30,750-sq.-ft. A&P, and an 8,950-sq.-ft. Walgreen’s. Other tenants include Dunkin’ Donuts, Supercuts, a pizzeria, liquor store and stationery store.

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