\r\n \r\nThe new location will be Caruso’s first in the United States. It will be the brand’s New York flagship and showroom. \r\n \r\nFormerly the Spanierman Gallery, the unusually large space encompasses more than 11,000 sq. ft. on two levels. \r\n \r","showSummary":null,"url":"/real-estate/caruso-signs-first-us-lease-manhattan","date":"2014-05-30T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Triangle Equities hits milestones in Bronx development","id":70733,"bundle":"article","summary":"
Bronx, N.Y. — Triangle Equities has reached several milestones in the development of the $35 million, 88,000-sq.-ft. Triangle Plaza Hub at 149th Street in Bronx, New York. The development aims to help revitalize a generally underserved area with a mixed-use commercial and community facility located at a transit center that serves 200,000 people daily. Vista Optical has also leased space. \r\n \r\nTo date, Triangle’s accomplishments include signing two key anchor tenants: Fine Far supermarket and Metropolitan College of New York. \r\n \r","showSummary":null,"url":"/real-estate/triangle-equities-hits-milestones-bronx-development","date":"2014-05-30T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Online retailer Gypsy05 to open stores","id":70724,"bundle":"article","summary":"
Los Angeles -- Another online retailer is taking the brick-and-mortar plunge. California lifestyle brand Gypsy05 announced it will open its first two retail locations at the end of this month. After nearly 10 years of business, the brand has decided to open branded Gypsy05 retail stores, in Beverly Hills, and in the Malibu Country Mart in Malibu, California. The brand is set to open a third location, in Orange County, California, later this year, but real estate negotiations have not been completed. \r\n \r","showSummary":null,"url":"/real-estate/online-retailer-gypsy05-open-stores","date":"2014-05-30T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Trademark appoints Toppel executive VP","id":70740,"bundle":"article","summary":"
Fort Worth, Texas – Trademark Property Co. has named Steven W. Toppel to the post of executive VP. Toppel will begin his new role June 3. \r\n \r\nWith more than 28 years of experience in commercial real estate, Toppel will oversee leasing for Trademark’s portfolio of lifestyle centers, malls, and mixed-use developments. \r\n \r","showSummary":null,"url":"/real-estate/trademark-appoints-toppel-executive-vp","date":"2014-05-30T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"SRS wins U.S. MAXI Award at ICSC","id":70737,"bundle":"article","summary":"
Dallas — SRS Real Estate Partners earned a silver U.S. MAXI Award at the Encore Hotel in Las Vegas during the ICSC RECon Convention. The awards are open to shopping centers, shopping center companies, specialty retailers, specialty leasing managers, marketing directors and general managers. \r\n \r\nSRS received a silver Award in the B2B division of the Traditional Marketing category for its effective brand enhancement campaign.
Charlottesville, Va. — Firehouse Subs has signed a 2,264-sq.-ft. lease for its first location in Charlottesville, Virginia — at 100 Shoppers World Court. \r\n \r\nDivaris Real Estate’s Richmond, Virginia, office represented Firehouse Subs in the transaction. Divaris (www.divaris.com) has represented Firehouse in the site selection and lease negotiations for the majority of its Hampton Roads sites and for several locations in the greater Richmond area. \r\n \r","showSummary":null,"url":"/real-estate/firehouse-subs-enters-charlottesville-virginia-market","date":"2014-05-30T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Stater Bros. announces two locations","id":70728,"bundle":"article","summary":"
San Bernardino, California -- Plans are well underway to open two new state-of-the-art "Blue Ribbon" Stater Bros. Supermarkets in California, with one in Covina (Los Angeles County) and the other in Menifee (Riverside County). \r\n \r","showSummary":null,"url":"/real-estate/stater-bros-announces-two-locations","date":"2014-05-30T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Express to enter South Africa","id":70742,"bundle":"article","summary":"
Columbus, Ohio – A subsidiary of Express Inc. has entered into a franchise agreement with Edcon Group, a retail franchise operator in South Africa, to bring the Express brand to South Africa. The Express brand is expected to launch as a store-in-store concept at select Edgars department stores by the end of 2014 with standalone Express store locations to open in 2015. \r\n \r\nExpress has identified international expansion as one of the company's four pillars of growth and a significant long-term revenue opportunity for the company. \r\n \r","showSummary":null,"url":"/real-estate/express-enter-south-africa","date":"2014-05-30T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Marcus & Millichap brokers Playa Vista sale","id":70738,"bundle":"article","summary":"
Playa Vista, Calif. — Marcus & Millichap has arranged the sale of The Shops at Concert Park, a portfolio of two 100% triple-net leased retail condominium shopping centers in Playa Vista, California, a master planned community in the Westside region of Los Angeles. \r\n \r\nThe buyer paid $16.9 million for the properties. That equates to $743 per sq. ft. The Marcus & Millichap Capital Corp. arranged $10,815 000 in CMBS financing to facilitate the sale. \r\n \r","showSummary":null,"url":"/real-estate/marcus-millichap-brokers-playa-vista-sale","date":"2014-05-30T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Advance Auto to South Plainfield, New Jersey, center","id":70735,"bundle":"article","summary":"
South Plainfield, N.J. — Advance Auto Parts has signed an 11,382-sq.-ft. lease at Oak Park Commons in South Plainfield, New Jersey, bringing the center’s occupancy rate up to 95%. Charter Realty & Development co-brokered the transaction with NJ Commercial Realty. \r\n \r\nThe auto parts retailer will be joining Dollar Tree, A&P, McDonalds, CVS, Subway, GNC, Wells Fargo, Goodyear, RadioShack, and H & R Block. \r\n \r","showSummary":null,"url":"/real-estate/advance-auto-south-plainfield-new-jersey-center","date":"2014-05-30T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]}]},"title":"REAL ESTATE","contentParagraphs":null,"sections":null};
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New York — Faith Hope Consolo, chairman, and Joseph Aquino, executive VP of Douglas Elliman’s Retail Group, has leased a multi-level space at 45 East 58th Street in the Plaza District in Manhattan, to Caruso, the exclusive Italian menswear label.
The new location will be Caruso’s first in the United States. It will be the brand’s New York flagship and showroom.
Formerly the Spanierman Gallery, the unusually large space encompasses more than 11,000 sq. ft. on two levels.
Bronx, N.Y. — Triangle Equities has reached several milestones in the development of the $35 million, 88,000-sq.-ft. Triangle Plaza Hub at 149th Street in Bronx, New York. The development aims to help revitalize a generally underserved area with a mixed-use commercial and community facility located at a transit center that serves 200,000 people daily. Vista Optical has also leased space.
To date, Triangle’s accomplishments include signing two key anchor tenants: Fine Far supermarket and Metropolitan College of New York.
Los Angeles -- Another online retailer is taking the brick-and-mortar plunge. California lifestyle brand Gypsy05 announced it will open its first two retail locations at the end of this month. After nearly 10 years of business, the brand has decided to open branded Gypsy05 retail stores, in Beverly Hills, and in the Malibu Country Mart in Malibu, California. The brand is set to open a third location, in Orange County, California, later this year, but real estate negotiations have not been completed.
Fort Worth, Texas – Trademark Property Co. has named Steven W. Toppel to the post of executive VP. Toppel will begin his new role June 3.
With more than 28 years of experience in commercial real estate, Toppel will oversee leasing for Trademark’s portfolio of lifestyle centers, malls, and mixed-use developments.
Dallas — SRS Real Estate Partners earned a silver U.S. MAXI Award at the Encore Hotel in Las Vegas during the ICSC RECon Convention. The awards are open to shopping centers, shopping center companies, specialty retailers, specialty leasing managers, marketing directors and general managers.
SRS received a silver Award in the B2B division of the Traditional Marketing category for its effective brand enhancement campaign.
Charlottesville, Va. — Firehouse Subs has signed a 2,264-sq.-ft. lease for its first location in Charlottesville, Virginia — at 100 Shoppers World Court.
Divaris Real Estate’s Richmond, Virginia, office represented Firehouse Subs in the transaction. Divaris (www.divaris.com) has represented Firehouse in the site selection and lease negotiations for the majority of its Hampton Roads sites and for several locations in the greater Richmond area.
San Bernardino, California -- Plans are well underway to open two new state-of-the-art "Blue Ribbon" Stater Bros. Supermarkets in California, with one in Covina (Los Angeles County) and the other in Menifee (Riverside County).
Columbus, Ohio – A subsidiary of Express Inc. has entered into a franchise agreement with Edcon Group, a retail franchise operator in South Africa, to bring the Express brand to South Africa. The Express brand is expected to launch as a store-in-store concept at select Edgars department stores by the end of 2014 with standalone Express store locations to open in 2015.
Express has identified international expansion as one of the company's four pillars of growth and a significant long-term revenue opportunity for the company.
Playa Vista, Calif. — Marcus & Millichap has arranged the sale of The Shops at Concert Park, a portfolio of two 100% triple-net leased retail condominium shopping centers in Playa Vista, California, a master planned community in the Westside region of Los Angeles.
The buyer paid $16.9 million for the properties. That equates to $743 per sq. ft. The Marcus & Millichap Capital Corp. arranged $10,815 000 in CMBS financing to facilitate the sale.
South Plainfield, N.J. — Advance Auto Parts has signed an 11,382-sq.-ft. lease at Oak Park Commons in South Plainfield, New Jersey, bringing the center’s occupancy rate up to 95%. Charter Realty & Development co-brokered the transaction with NJ Commercial Realty.
The auto parts retailer will be joining Dollar Tree, A&P, McDonalds, CVS, Subway, GNC, Wells Fargo, Goodyear, RadioShack, and H & R Block.