REAL ESTATE

New York -- The fast-growing Michael Kors has opened its largest and most comprehensive location to date, a three-story, 22,000-sq. ft. flagship in the Soho section of Manhattan. The store features the debut of the men’s collection in the brand’s own retail stores, with the first-ever in-store presentation of men’s shoes and and an entire floor dedicated to accessories, and the first dedicated Michael Kors shoe salon. Huge, floor-to-ceiling video screens, set on all three floors, help bring the products to life.

London -- British women’s activewear brand Sweaty Betty plans to expand its presence in the United States. The London-based company has received a strategic growth investment from U.S. private equity firm Catterton. Sweaty Betty operates more than 40 stores in the United Kingdom, and two in the United States, where it also recently launched a website.

New York -- Forever 21 opened a 36,000-sq.-ft. store on Manhattan’s Fifth Avenue, joining such other fast-fashion retailers already in the neighborhood as Uniqlo, H&M and TopShop.  

The four-level space houses all of retailer’s collections under one roof, including Forever 21 Men. The store is located in a building that formerly housed an H&M store, which closed in December when the retailer moved to a different location on Fifth and 48th Streets.

Canton, Mass. - Dunkin' Donuts is recruiting franchisees to develop an estimated 10 new Dunkin' Donuts restaurants throughout Birmingham, Alabama, and the surrounding areas. In addition, a number of existing operating restaurants may be available for purchase.

Currently there are 21 Dunkin' Donuts restaurants operating in Alabama.

Melville, N.Y. -- A&G Realty Partners, a leading commercial real estate, advisory and investment group, has been retained by RadioShack to manage the sale of retail store leases and warehouses following the company's recent Chapter 11 bankruptcy filing.

For Los Angeles-based fashion retailer Forever 21, the journey from a single location on Figueroa Street in L.A. in 1984 to more than 680 global locations today has been transformative. Over the last three decades, the brand has not shied away from innovation and experimentation, implementing a range of different store sizes and concepts along the way: from smaller 5,000-sq.-ft. layouts in its early years, to larger 9,000-sq.-ft. concepts in the 2000s and a range of big-box stores that range up to 40,000 sq. ft.

Chicago -- Famed British toy retailer Hamleys is coming across the pond. The 255-year old company, famous for has retained JLL to facilitate a multiple store roll-out throughout the United States.

Los Angeles -- BH Properties, a Los Angeles-based firm that specializes in acquiring and repositioning challenged or distressed commercial real estate properties, has announced the promotion of Steven Jaffe to chief investment officer and principal of the firm. In this role, Jaffe is responsible for overseeing the acquisition and disposition strategy of the company as well as the company’s overall growth.

Jaffe has been with BH Properties for 11 years, previously holding the title of executive VP and general counsel.