REAL ESTATE

  • Red Robin plans grand opening in Nyack, N.Y.

    Greenwood Village, Colo. — Red Robin Gourmet Burgers will open a new restaurant at Palisades Center Mall in Nyack, N.Y., on Aug. 19.

    To help celebrate the grand opening, Red Robin will donate all receipts from the first week of sales of its signature Freckled Lemonade to Alex’s Lemonade Stand Foundation, a non-profit organization that supports research into cures for children’s cancer.

     

  • Moorestown Mall signs Distrito by Iron Chef Jose Garces

    Philadelphia — Distrito, a Garces Group restaurant, has leased a 7,500-sq.-ft. space at the Moorestown Mall in Moorestown, N.J., according to the mall’s owner Pennsylvania Real Estate Investment Trust.

    James Beard Award-winning chef and one of only a few chefs in the country designated an Iron Chef, Jose Garces owns and operates more than a dozen restaurants in five states.

  • Cullinan Properties signs new VP investments

    Peoria, Ill.Cullinan Properties has announced the appointment of Masood Aini as VP investments in the company’s Chicago office.

    With eight years of commercial real estate experience, Aini comes to the firm from Trevi Retail in New York, where he served as director of acquisitions and Leasing responsible for internal leasing efforts and the sourcing, underwriting and valuing of Manhattan retail condominiums and mixed-use assets.

  • Market Street – The Woodlands welcomes Kate Spade and others

    Fort Worth — Market Street – The Woodlands, a mixed-use project north of Houston is welcoming four new tenants. Kate Spade will open a 1,907-sq.-ft. designer fashion store this fall. Also coming this fall are two more clothing stores: a 2,500-sq.-ft. Lucky Brand and a 3,719-sq.-ft. Vineyard Vines.

    Just two weeks ago, Tumi opened a travel, business and lifestyle accessories shop.

  • Report: CVS/pharmacy looks to re-enter Toledo market

    Woonsocket, R.I. — CVS Caremark is reportedly planning to re-enter the metro Toledo, Ohio, market by snapping up parcels of property, according to a local news report. The Blade is reporting that the pharmacy retailer bought land on Monroe Street near Douglas Road, where it plans to open its first drug store since exiting the market in 2001.

    Citing Lucas County real estate records, the newspaper reports that the company bought eight parcels of property totaling 1.5 acres. The total price for the property was $2.2 million.

     

  • Morris-Floyd acquires Amarillo’s Wolflin Village

    New York -- Morris-Floyd Capital Partners has acquired the 159,861-sq.-ft. Wolflin Village shopping center in Amarillo, Texas. Anchored by Talbot’s, Office Depot and Shepler’s Boots’n Jeans, the center ranks as Morris-Floyd’s ninth acquisition. CBRE represented the seller, Dunhill Partners, which acquired the property in 2009 from Weingarten Realty Investors www.weingarten.com.

    The center is 97% leased

  • Van De Vort opens in Del Mar’s Flower Hill Promenade

    Del Mar, Calif. — Van De Vort opened a new women’s fashion boutique in the Flower Hill Promenade in Del Mar, Calif., near San Diego, with a grand opening celebration last Saturday.

     

  • SRS Real Estate Partners posts July transactions

    Dallas — During July, SRS Real Estate Partners www.srsre.com executed a host of transactions in major cities across the country:

  • Verizon partners with All-Rite for Viva Movil flagship

    New York – Verizon Wireless has partnered with All-Rite Construction Company to launch the flagship store of its new Viva Movil premium retail banner aimed at Latino customers. Located in Brooklyn,N.Y., the 3,000-sq.-ft. store features sleek, ultra-modern interiors, lounge-like atmosphere and immersive media displays. The intent is to provide in-store customers with an integrated omni-channel experience.

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