REAL ESTATE

Trademark Property unveils new look, new location

BY Katherine Boccaccio

Fort Worth, Texas — Trademark Property announced that it has unveiled a new logo, corporate office and website as part of its 20-year anniversary.

On Feb. 4, the company moved into a new corporate office located in the River Plaza office building, part of Trademark’s WestBend mixed-use development in Fort Worth. In addition, a new, more digital- friendly logo is being introduced along with new website to better reflect Trademark’s ever-changing and dynamic business.

“The company, and the industry, has weathered several difficult economic cycles over the last 20 years, with Trademark remaining relevant by evolving and adapting to the changing environment,” said Trademark CEO and founding partner Terry Montesi. “We believe that in the retail and real estate business, companies and properties must evolve or die, and I’m proud to say we’re still evolving and thriving with a great team of people ready for the new challenges in our future.”

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REAL ESTATE

Sembler reinvents Park 66 property

BY Katherine Boccaccio

St. Petersburg, Fla. — The Sembler Co. announced Monday that it is redeveloping its Park 66 shopping center, located in St. Petersburg, Fla., and owned by the company since 1970.

A Wal-Mart Neighborhood Market is being added to the property as part of the redevelopment – slated to open fall 2013 – and other tenants are being relocated.

“It’s exciting to watch this redevelopment unfold. It’s been in our portfolio for so long now and has seen several retailers through many market cycles,” says Josh Beyer, Sembler VP of development.

Sembler opened Park 66 in 1970 with A&P as its anchor.

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REAL ESTATE

GNC to open new downtown Manhattan store

BY Katherine Boccaccio

New York — RKF said it has arranged a 2,100-sq.-ft. lease for GNC at 302 Canal Street in downtown Manhattan.

The new store, which will consist of 1,050 sq. ft. on both the ground floor and basement of the building, is located less than one block east of Broadway near Mercer Street. It will become GNC’s 47th Manhattan location when it officially opens this spring.

With this latest lease transaction, RKF has arranged five retail leases in New York City on behalf of GNC.

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