REAL ESTATE

  • Gabriel Kreuther, Bluestone Lane Coffee coming to midtown Manhattan

    New York -- RKF announced that it has arranged two new leases at the Grace Building in Midtown for chef Gabriel Kreuther’s first solo restaurant and Bluestone Lane Coffee. The Grace Building is co-owned by Brookfield and The Swig Company.

  • Peet’s Coffee & Tea opening 16 stores in Chicago market

    Chicago -- Peet’s Coffee & Tea is growing its footprint in the greater Chicago area, opening 16 stores in a phased rollout across the market this fall. Chicago is part of Peet’s aggressive U.S. expansion effort that began last year, which will bring its store total to nearly 300 locations nationwide by the end of the year.

  • SRS relocates Chicago office

    Dallas -- SRS Real Estate Partners announced the relocation of the Chicago office to 155 N. Wacker Drive, where the Chicago team will continue to provide retail real estate services to clients in metro Chicago and across the Midwest.

    The new SRS Chicago office is located in downtown Chicago in a LEED-Gold certified building just a few footsteps from the Chicago River.

     

  • Market Basket to open four to five stores

    Tewksbury, Mass. – The Market Basket supermarket chain is wasting no time in moving forward following its purchase by former CEO Arthur T. Demoulas for $1.5 billion on Aug. 28. According to the Boston Globe, Market Basket plans to open at least four new stores in Massachusetts the near future.

  • Halpern Enterprises breaks ground on multi-use development

    Smyrna, Ga. -- A groundbreaking ceremony has officially launched construction on Belmont, a 48-acre mixed-use development that will feature restaurants, retail shops, single-family homes and luxury rental apartments on the site of the former Belmont Hills Shopping Center in Smyrna, Georgia.
     
    The development will include a 153-home single-family residential subdivision by David Weekley Homes; a 274-unit luxury apartment community by Wood Partners; and a 47,593-sq.-ft. neighborhood retail center, which developer Halpern Enterprises will build.

  • Divaris completes four leases in Richmond, Virginia

    Richmond, Va. -- Divaris Real Estate, Inc. announced the signing of four leases, totaling 14,362 sq. ft. of office, industrial and retail space in metropolitan Richmond, Virginia.

    The Hohman Group signed a lease for 6,307 sq. ft. of industrial space located at 3409 Leigh Street. The Hohman Group is an industrial design firm, which designs and prototypes products and furniture. In addition, their company, Action Figures, builds sets and decorates locations for motion pictures.

  • Circle K breaks ground on flagship

    San Jacinto, Calif. -- Circle K Stores, Inc. has broken ground on its newest flagship prototype in Southern California, a 4,500-sq.-ft. convenience store offering fresh food, a gas station with eight fuel pumps, and a self-serve state-of-the-art carwash. The combo concept, located in the city of Jacinto, is expected to be open for business in late 2014.

  • Rosedale Square now under JLL management

    Roseville, Minn. -- JLL Retail announced the firm has been retained to manage Rosedale Square, a 160,000-sq.-ft. upscale, grocery-anchored strip center in Roseville, Minnesota.

    The property’s is currently 94% occupied.

     

  • Prasino at the Streets of St. Charles changing ownership

    Peoria, Ill. -- Cullinan Properties announced that Prasino Restaurant at the Streets of St. Charles near St. Louis is in the process of securing new ownership by a group of investors.

    Prasino opened at the Streets of St. Charles on April 22, 2013, and has been listed as “The Best New Restaurants in St. Louis” and awarded “A-List Breakfast Winner” for its Paris Benedict, by St. Louis Magazine.

  • Tryperion Partners expands San Antonio portfolio with acquisition

    San Antonio, Texas - Tryperion Partners, a private real estate investment firm, has acquired Gateway Plaza, a 97% occupied, 138,510-sq.-ft. community shopping center anchored by Burlington Coat Factory that is located in San Antonio’s burgeoning metropolitan area. The acquisition, which is Tryperion’s second of a San Antonio REO property in less than a year, includes additional land for future development.
     

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