REAL ESTATE

  • Grand Metropolitan Mall, Bekasi, Indonesia

    When the Grand Metropolitan Mall opened in 2013 in Bekasi, Indonesia, just east of Jakarta, it did so with an award-winning design.    

  • Dunkin’ Donuts long-term India expansion plan on track

    Canton, Mass. – Dunkin’ Donuts is continuing its development across India with its master franchisee, Jubilant FoodWorks, where it's on track to meet its previously announced development target of 500 Dunkin' Donuts restaurants in the long-term. Since signing its master franchise agreement with Jubilant FoodWorks in 2011, 36 Dunkin' Donuts restaurants have been opened in 12 cities across India, including its newest location, which opened Sept. 11 in the South Indian city of Bangalore.  

  • Mansour Group arranges sale of Almeda Crossing power center

    Houston – The Mansour Group has arranged the sale of the 99% leased, 223,223-sq.-ft. Almeda Crossing Power Center located in Houston, for more than $30 million. The seller was a Texas-based developer and The Mansour Group was able to deliver the property to a national REIT.

    The center is leased to an array of national tenants including Ross, Marshall’s, Staples, PetSmart, Conn’s, Party City, Show Carnival, Dollar Tree, Anna’s Linens, Aaron’s and many others and is shadow anchored by a Walmart supercenter.

     

  • RKF named leasing agent for The Factory in Long Island City

    New York — RKF has been selected as the exclusive retail leasing agent for The Factory, a one-million-square-foot, multi-tenant commercial building located in Long Island City, Queens. Situated in the Hunter’s Point section of Long Island City, the retail space at The Factory consists of 23,564-sq.-ft. on the ground floor and 21,854-sq.-ft. on the building’s lower level.

    RKF executive VP Barry Fishbach and director Young Kim are bringing the opportunity to market for Atlas Capital Group, who recently acquired the property.

  • Mid-America Real Estate-Michigan arranges new leases

    Bloomfield, Mich. — Adam Goodman, VP of Mid-America Real-Estate-Michigan, announced the following leases:

    Eastpointe & Detroit, Michigan. – Gabe Schuchman and Adam Goodman of Mid-America Real Estate-Michigan signed four leases on behalf of the landlord, Curis Enterprises.  Three leases were signed at 9 Mile Road and Gratiot Avenue in Eastbrooke Commons Shopping Center in Eastpointe, Michigan.

  • Cherokee National Businesses Woodmont Outlets propose $80 million upscale outlet shops in Tulsa

    CATOOSA, Okla. — Cherokee Nation Businesses has partnered with commercial real estate developer Woodmont Outlets, an affiliate of The Woodmont Company, to potentially locate a new upscale retail development at Hard Rock Hotel & Casino Tulsa.

    CNB has agreed to lease property west of the casino to Woodmont Outlets, which plans to invest $80 million into premium outlet shops to be called “Cherokee Outlets.”
     

  • Palmetto Gardens Plaza signs three new tenants

    Miami Gardens, Fla. — Palmetto Park, the owner of Palmetto Gardens Plaza, has signed three new leases for the seven-acre shopping plaza located in Miami Gardens. T-Mobile and Cell Phone Repair are both national companies; Lee Nails has a number of other locations throughout Florida.  

    Construction on this portion of the plaza is scheduled to be complete by the third quarter of 2015. Construction on a Wal-Mart Neighborhood Store, which will serve as anchor tenant, is underway and will open in the fourth quarter 2014.

  • Rookwood Center nears 100% occupancy

    Cincinnati — Jeffrey R. Anderson Real Estate Inc. and Casto announced that increased leasing activity during the last six months brings the Rookwood shopping center to 99% occupancy with the addition of new Carhartt, J.Crew Factory and Rally House stores.

    In addition, negotiations are underway to lease the only remaining 1,500-sq-ft. space at Rookwood, which will then achieve full occupancy.
     

  • Levin Management names Body Central exec as VP of leasing

    North Plainfield, N.J. — David Reiner has joined retail real estate services firm Levin Management as VP of leasing. Most recently, Reiner served as director of real estate for Body Central Stores Inc.

    During the past 25 years, he has also has held executive- and management-level retail leasing positions with property owners such as Urban Retail Properties, Colonial Properties Trust, and Simon Property Group.
     

  • Winick Realty Group leases first N.J. locations for 18/8 Fine Men’s Salons

    NEW YORK — 18 | 8 Fine Men's Salons has leased its first New Jersey locations in Somerset and Essex Counties. Winick Realty Group New Jersey broker Alison Cohen, the exclusive broker for 18|8 Fine Men's Salons in New Jersey, represented the salon in both transactions.

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