Auction platform Worthy to move headquarters to NYC
New York – Worthy, a secure online marketplace for pre-owned luxury goods, will be moving its global headquarters into New York City’s jewelry district. The company will be moving into the 28th floor of the Fred F. French building located at 551 Fifth Avenue.
The opening of the new offices will occur throughout September and will be marked by the expansion of Worthy’s appraisal abilities, the enhancement of the relationship with its buyers network and the availability of public walk-ins by appointment. The New York office will be fully equipped with state-of-the-art appraisal and imaging technologies and will host a number of luxury market experts from various fields. Sellers’ valuables will be sent to either the New York or the Texas location depending on each item’s appraisal requirements.
Dollar Tree brings Pelham Manor to 100% occupancy
Oak Brook, Ill. – Dollar Tree has signed a 12,767-sq.-ft. lease at Pelham Manor Shopping Plaza in Pelham, New York, bringing the center to 100% leased for the first time since it opened in 2008. The 228,000-sq.-ft. center caters to the surrounding neighborhoods of Pelham Manor, Mount Vernon, New Rochelle, and the north Bronx.
Acquired in 2013, the center features national retailers such as BJ’s Wholesale Club, PetSmart, Michaels and more. Dollar Tree will be located next to Five Guys Burgers and Fries and is expected to open in early November.
"We are excited to achieve a 100% leased rate at Pelham Manor Shopping Plaza, while also bringing another national retailer to the community," said Greg Goldberg, VP, leasing director, north region. "Dollar Tree is the perfect complement to the other national retailers already at the center and we look forward to their grand opening."
Gap, Banana Republic, Old Navy, Ulta join Mount Grove tenant lineup
Redlands, Calif. — Majestic Realty Retail announced today that it has signed lease agreements with four new retailers at its Mountain Grove at Citrus Plaza retail and entertainment center, including agreements with The Gap (7,500 sq. ft.), Banana Republic (7,500 sq. ft.), Old Navy (15,000 sq. ft.) and Ulta (10,000 sq. ft.). An additional 100,000 sq. ft. of national and regional tenant leases are under negotiation and expected to be signed in September.
With the April 2014 groundbreaking of the 468,000-sq.-ft. Phase I, Mountain Grove is the largest retail project under construction in Southern California and is scheduled to open in summer 2015.
Complementing the 520,000-sq.-ft. Citrus Plaza, Mountain Grove will help elevate the area’s retail offerings with new tenants including: Nordstrom Rack, buybuy Baby, T.J. Maxx, HomeGoods, Hobby Lobby, Tilly’s, and 24-Hour Fitness.