REAL ESTATE

  • Walgreens opens flagship in iconic Wrigley Building in Chicago

    Deerfield, Ill. -- Walgreens opened a two-story, flagship in the north tower of  Chicago’s iconic Wrigley Building on June 25.

    A unique design, the store’s gradient color pattern and indirect lighting features complement the building’s exterior. A mosaic floor motif of the building’s famous clock welcomes customers as they enter off of Michigan Avenue.

  • Dita’s leases Manhattan flagship location

    New York — Handcrafted eyewear retailer, Dita, has leased a 1,300-sq.-ft. store at 273 Lafayette Street in SoHo. It will be Dita’s first Manhattan locations and its New York flagship. RKF represented Dita in the transaction, while The Lansco Corp. acted on behalf of the landlord, 157 Prince Street Associates.

  • RH New York, The Gallery opens in NYC's Flatiron District

    New York -- Restoration Hardware’s RH New York, The Gallery, located at 935 Broadway in New York’s Flatiron District, is open for business.

    With three floors and 30,000 gross sq. ft., the newly expanded gallery is three times its previous size, featuring a dramatic antique mirror-lined grand staircase with custom-designed iron handrails inspired by the late Venetian architect Carlo Scarpa.

  • Levin’s mid-year survey reports optimism among retailers

    North Plainfield, N.J.Levin Management has released its annual June survey of store mangers within its 95-property, 13 million-sq.-ft. shopping center portfolio.

  • Venetian Nail Spa has opened at Kendall, Fla., center

    Kendall, Fla. — Venetian Nail Spa has opened its 34th nationwide location at Kendall Village Center in Kendall, Florida. The 2,950-sq. ft. location between Lane Bryant and Famous Footwear brings the center’s occupancy rate to 99%.

    Berkowitz Development Group represented the landlord, Kendall Village Associates, and completed the lease for the new tenant.

  • Report: Cabela’s plans 20 new Canadian stores

    Sidney, Neb. – Cabela’s Inc. reportedly plans to open 20 new Canadian stores by 2016. According to the Financial Post, the retailer, which currently operates five stores in Canada, will open its sixth in Barrie, Ontario, on July 10.

    Other planned locations for new Canadian stores include Nanaimo, British Columbia in fall 2014 and Moncton, New Brunswick in 2015. Cabela’s is planning slow growth in Canada, focusing on locations with favorable co-tenants and localizing product assortments at the store level.

     

  • New Sears Home Appliance Showroom opens in Colorado June 26

    Hoffman Estates, Ill. - Sears Hometown and Outlet Stores Inc. will open its newest Colorado Sears Home Appliance Showroom on June 26 in Arvada. The Arvada location marks the fourth opening of a new Sears Home Appliance Showroom Store this year and the 14th opening of a new store across all of Sears Hometown and Outlet Stores formats.

  • Cohen to market the Shoppes of Silverwood in Ricon, Ga.

    New York — Cohen Real Estate, a Manhattan-based full-service brokerage firm specializing in retail properties throughout the United States, has been retained to market Shoppes of Silverwood, a full-service strip shopping center located in Ricon, Georgia.

  • PBTeen opens Virginia store

    San Francisco -- PBteen, a member of the Williams-Sonoma, Inc. portfolio of brands, opens a store at Tysons Corner Center in McLean, Virginia, on June 27. This will be the 17th PBteen location and the second combined Pottery Barn, Pottery Barn Kids, and PBteen store in the U.S.

  • Stockholders approve Inland-Kite merger

    Oak Brook, Ill. — Inland Diversified Real Estate Trust stockholders have voted overwhelmingly to approve the previously announced merger with Kite Realty Group Trust. Assuming all conditions to closing the merger have been satisfied, it is expected to close on or after July 1, 2014.

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