REAL ESTATE

New York — Luxury apparel retailer 3.1 Phillip Lim has leased a 5,800-sq.-ft. store at 48 Jones Street in New York City’s Bowery district. The space includes a 3,500-sq.-ft. ground floor and a lower level with 2,300 sq. ft. The store is expected to open in the first quarter of 2014. 3.1 Phillip Lim also has a store in SoHo on Mercer Street as well as a third U.S. location in Los Angeles.

In the transaction, RKF www.rkf.com represented the landlord, 48 Tenant’s Corp., and Town Real Estate represented 3.1 Phillip Lim.

Youngstown, Ohio — Kentucky Oaks Mall in Paducah is welcoming two new tenants. Ulta Salon will open an 11,000-sq.-ft. store in October. Neel Thredz Spa opened in July in the Dick’s Sporting Goods concourse. The new salon specializes in eye aesthetics.

The newly renovated mall encompasses more than one million sq. ft. It is owned and managed in association with Cafaro-affiliated companies.

Riverside, Calif. — University Village Shopping Center in Riverside, Calif., has inked five-year leases with three new tenants, according to NewMark Merrill Companies.

• Amazon Toner, which refills ink and toner cartridges for 30% to 50% below retail, has taken 1,355 sq. ft.
• House of Beauty has leased 1,866 sq. ft.
• UC Bakery has signed a five-year lease for 1,433 sq. ft.

University Center is a 178,020-sq.-ft. outdoor community center anchored by Regency Theatres.

New York -- Jones Lang LaSalle has opened an office in Honolulu’s retail district.

“Robust real estate fundamentals across all asset classes makes Hawaii a top locale for investors, developers and retailers,” said Kirk Horiuchi, senior VP and Hawaii retail market lead.

Hawaii’s unemployment rate has dropped to 5% and is projected to fall further by year-end and boost consumer spending and the retail economy.

Lakeland, Fla. -- Publix Super Markets on Friday announced it will enter the Winston-Salem market and add a third location in Mecklenburg

The Winston-Salem store will measure 49,000 sq. ft. and is slated to open in 2015. The Cornelius store, located in Mecklenburg County, will also encompass 49,000 sq. ft. and will feature a drive-thru pharmacy. Opening is planned for late 2014.

Publix continues to aggressively look for additional locations throughout the state of North Carolina, the grocer said.

Honolulu — With 42 million visitors per year, the two million-sq.-ft. Ala Moana Center in Honolulu boasts sales per square foot of $1,300. At the beginning of the year, owner General Growth Properties began a massive $572 million redevelopment of Ala Moana — the world’s largest open-air shopping mall. The goal is to add 650,000 sq. ft. of new retail space.

New York — eShave, the Long Island City-based shaving products and services company, has leased its first Upper East Side storefront at 1025 Third Avenue between 60th and 61st Streets. The space is across the street from Bloomingdale’s.

Winick Realty Group represented eShave in the transaction, while the landlord, Mall Properties, was represented in-house.
 

Youngstown, Ohio — Ohio Valley Mall in St. Clairsville, Ohio, has leased space to three new retailers: Panda, Boscov’s and The Children’s Place.

Panda will arrive in November with its Asian fusion menu, taking 1,500 sq. ft. Boscov’s department store will open its doors in October. So will The Children’s Place, which has leased 4,000 sq. ft.

The recently renovated Ohio Valley Mall is owned and managed in association with Cafaro affiliated companies.