Sutton announces new hire
Syracuse, N.Y. — Sutton Real Estate Co. announced that Larry J. Socia, has joined the company as retail director.
Socia’s focus will be expanding the client representation business, seeking new business opportunities and overseeing existing retail real estate services.
Socia was previously retail division director for the Cushman & Wakefield Strategic Alliance Partner in Upstate New York.
TJ Maxx to open Wall Street store
New York City — Winick Realty Group said that TJ Maxx has leased its first Wall Street location, in the heart of New York City’s Financial District.
The 32,000-sq.-ft. store, which spans two lower levels at 14 Wall Street on the corner of Broad Street, is slated to open in October.
“This space had never been used for retail before,” said Darrell Rubens, senior managing director at Winick Realty Group LLC, making TJ Maxx the first national brand retailer to move into the heart of FiDi. “I believe that other national tenants will follow TJ Maxx’s lead and begin to see that FiDi is a viable market for them,” added Rubens.
The new store is planned with unprecedented frontage that can be seen not only throughout the neighborhood but from the New York Stock Exchange.
Jo-Ann Fabric and Crafts to open in former Borders space
Wyomissing, Pa. — Phoenix-based Cole Real Estate Investments said Monday that it has executed a lease with Jo-Ann Fabric and Craft Stores in Wyomissing, Pa., for approximately 25,000 sq. ft., backfilling a former Borders location.
The in-line store is located adjacent to OfficeMax, Toys “R” Us and Old Navy.