REAL ESTATE

Winick Realty to roll out South Asian restaurant concept in Manhattan

BY Katherine Boccaccio

New York — Winick Realty Group said Tuesday it has been appointed the exclusive broker for Desi Shack, a fast-casual South Asian restaurant concept with one current location in Midtown East.

Desi Shack plans to open two more locations within the next 12 months, seeking sites measuring 600 sq. ft. to 1,500 sq. ft. in the Financial District, Midtown East, Midtown West, Flatiron, Union Square, the Upper East Side and the Upper West Side of Manhattan.

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REAL ESTATE

rue21 and Monroe Expo Center to open at Mall of Monroe

BY Katherine Boccaccio

Frenchtown Township, Mich. — Youngstown, Ohio-based Cafaro Co. said Monday that rue21 will open a new store at Mall of Monroe, located in Frenchtown Township, Mich.

The 5,700-sq.-ft. store is slated to open June 2013 in the mall’s south concourse, and will be the only rue21 location in Monroe County.

Cafaro also said that The Monroe Expo Center opened Feb. 4, converted from a former retail use to a 51,000-sq.-ft. event space.

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REAL ESTATE

Dick’s, Corner Bakery to open at Shops at La Palmera

BY Katherine Boccaccio

Fort Worth, Texas — Trademark Property Co. said Tuesday that Dick’s Sporting Goods and Corner Bakery Café will open this year at The Shops at La Palmera in Corpus Christi, Texas. The 61,233-sq.-ft. Dick’s store will anchor the 200,000-sq.-ft. redeveloped and rebranded center, located across from La Palmera mall. Construction on Dick’s is set to begin in February with opening slated for fall 2013.

Scheduled to open in May is a 4,166-sq.-ft. Corner Bakery Café, adding to its 140 locations across the country.

The initial renovation and construction work has already begun at The Shops at La Palmera, which will undergo a major redesign to be completed in late 2013. The new design of the property will complement that of La Palmera mall, which underwent a two-year $50 million renovation after Trademark and Institutional Mall Investors LLC purchased the property in 2008.

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