REAL ESTATE

Three service businesses to open in northern Illinois

BY CSA STAFF

Oak Brook, Ill. Inland Real Estate Brokerage announced that it negotiated three leases, totaling 6,550 sq. ft., for new and expanding businesses in the towns of Algonquin, Highwood and Zion, Ill.

The leases include an 1,800-sq.-ft. lease for a McHenry County chiropractor who is expanding his practice by opening a second office, which will be located in Algonquin at Prestwicke Plaza; a 1,000-sq.-ft. lease for a Pilates studio in Highwood; and a 3,750-sq.-ft. lease with Martha’s Day Care, which currently has one facility in Waukegan, Ill., and is opening a second in Zion.

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REAL ESTATE

True Religion to open in London

BY CSA STAFF

Los Angeles True Religion Apparel said it is set to open its first store in the United Kingdom with a location in London, according to a Monday report by Los Angeles Business.

The 1,507-sq.-ft. store will be located at 27 James Street in London’s Covent Garden shopping district, which already has retail outlets for Mulberry, Hugo Boss, Paul Smith, All Saints, Ted Baker, Karen Millen and Diesel.

“London is a strong market for our brand and the ideal city to debut a True Religion branded store in the United Kingdom. Based on the growing worldwide demand for our merchandise, we see tremendous upside to our international business,” Michael Buckley, president of True Religion, said in a statement.

The London store, set to open in June, is part of the company’s focus on international expansion. The company will open stores in Tokyo and Toronto this year as well.

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REAL ESTATE

Lids to open two new stores in Times Square

BY CSA STAFF

Nashville, Tenn. Hat retailer Lids, a division of Genesco, said Tuesday it has signed two leases in Manhattan’s Times Square, which will bring the total number of Times Square locations to four.

This spring, Lids will open a 1,000-sq.-ft. Seventh Avenue shop at 2 Times Square, between West 47th and West 48th Streets, in the same building where the retailer already has an outpost that opens onto Broadway. In the summer, Lids said it plans to open a 1,340-sq.-ft. spot at 1501 Broadway, between West 43rd and West 44th streets.

The retailer, which already five stores in Manhattan, including two in Herald Square and one at South Street Seaport, is planning further growth into other high-trafficked areas, including Union Square, Grand Central and Penn Station.

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