REAL ESTATE

Sally Beauty opens in Round Lake Beach, Illinois

BY Michael Fickes

Chicago — Sally Beauty Supply has opened a store in the Round Lake Court shopping center in Round Lake Beach, Ill. The professional beauty products retailer leased a 1,755-sq.-ft. space.

CBRE represented Sally Beauty Supply in the transaction, and McCaffrey Interests represented the landlord.

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REAL ESTATE

Winick leases up Gantry Park Landing in Long Island City

BY Michael Fickes

New YorkWinick Realty Group has completed leasing the 12,919 sq. ft. of retail space at Gantry Park Landing, a new, 199-unit luxury rental building in Long Island City.

Winick represented The Lightstone Group, the building’s owner, in three lease transactions.

Urban Market, also represented by Winick, has eased 7,590 sq. ft. Beans, Grapes and Leaves, a coffee, tea and wine shop from the owners of Guy & Gallard, has taken 1,059 sq. ft. Manhattan Commercial Group represented the shop. Finally, North Shore-LIJ is planning a new, 4,270-sq.-ft. urgent care concept at the building. Newmark Grubb Knight Frank represented the hospital.

All three tenants plan to open in the fall.

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Simon expands Desert Hills Premium Outlets

BY Dan Berthiaume

Indianapolis — Simon Property Group Inc. has opened a 50-store expansion of Desert Hills Premium Outlets in Cabazon, California. Desert Hills now has 180 stores.

The expansion features brands including: Alexander McQueen; Bally; Belstaff; CH Carolina Herrera; Fendi; Helmut Lang; John Varvatos; Maje; Max Mara; Rag and Bone; Sandro; Valentino and Wolford. The expansion also includes enhancements throughout the property including the addition of a parking garage with 1,100 parking spaces, improved landscaping, and wider walkways. The center now totals 650,000 sq. ft. and is 100% leased.

"The expansion of Desert Hills Premium Outlets has further elevated this highly-regarded shopping center to include an impressive new collection of designer stores at great savings that will draw regional and international shoppers," said Richard S. Sokolov, president and COO of Simon Property Group. "Adding more great brands to this upscale environment, plus the convenience of a new parking deck will continue to make Desert Hills Premium Outlets a top shopping destination. The project also created hundreds of new jobs and generates significant economic development for the area."

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