\r\n \r\nMansour www.themansourgroup.com marketed the property on behalf of the seller, a national REIT. The buyer was another institutional REIT.
\r\n
","showSummary":null,"url":"/real-estate/mansour-group-completes-sale-houston-la-fitness","date":"2013-10-16T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Uniqlo opens store in NYC subway station","id":74385,"bundle":"article","summary":"
New York -- Uniqlo has opened a pop-up store in the 14th Street-Union Square subway station in Manhattan. The store, which will be open through the holidays, will offer shoppers will get a $5 Metro Card in a limited-edition sleeve with any purchase. \r\n \r\n“This shop fits perfectly with our strong belief in the fundamental power of clothing to improve people’s lives, and our hope is that it will provide people with comfort and warmth during the winter season,” said Larry Meyer, COO of Uniqlo USA. \r\n \r","showSummary":null,"url":"/real-estate/uniqlo-opens-store-nyc-subway-station","date":"2013-10-16T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":{"id":34239,"url":"https://assets1.chainstoreage.com/styles/secondary_articles_short/s3/teaser_image_26448.jpg?itok=Z9zTYf5e","width":600,"height":298,"alt":null},"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Stirling expands into Mobile, Ala.","id":74379,"bundle":"article","summary":"
Covington, La. — Stirling Properties has opened a new office in downtown Mobile, Ala. The company’s first location in the state, the new office joins 11 others located in Louisiana and Mississippi, further strengthening Stirling’s presence in the Gulf South. \r\n \r\n“This office will not only serve the surging market and growing economy of Mobile but also anchor the eastern side of the Interstate 10 corridor for Stirling Properties,” said Marty Mayer, Stirling’s president and CEO.
\r\n
","showSummary":null,"url":"/real-estate/stirling-expands-mobile-ala","date":"2013-10-16T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"CBL closes $80 million loan secured loan","id":74376,"bundle":"article","summary":"
Chattanooga, Tenn. — CBL & Associates Properties, Inc. has closed on an $80 million non-recourse loan secured by The Outlet Shoppes at Atlanta, a 75/25 joint venture with Horizon Group Properties. The 10-year loan bears a 4.9% fixed interest rate. Proceeds from the loan were used to repay a $53.2 million recourse construction loan. CBL www.cblproperties.com used its share of the remaining funds to reduce outstanding balances on the company’s unsecured credit facilities. \r\n \r","showSummary":null,"url":"/real-estate/cbl-closes-80-million-loan-secured-loan","date":"2013-10-16T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Sleepy’s opens on Lee Highway in Centreville, Va.","id":74380,"bundle":"article","summary":"
Centreville, Va. — Sleepy’s The Mattress Professionals has opened a 6,700-sq.-ft. store in Centreville Square II on Lee Highway in Centreville, Va. \r\n \r\nA.J. Dwoskin represented the landlord in the lease negotiations. Centreville Square II is a 200,366-sq.-ft. neighborhood center. Current tenants include Party Depot, Five Guys, Wells Fargo, Hair Cuttery and The UPS Store.
\r\n
","showSummary":null,"url":"/real-estate/sleepys-opens-lee-highway-centreville-va","date":"2013-10-16T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Skanska breaks ground on Seattle retail, office tower","id":74377,"bundle":"article","summary":"
Seattle — Skanska USA Commercial Development Inc. has broken ground on 400 Fairview alongside its first major office tenant — Tommy Bahama. \r\n \r\nSkanska is the first developer to start work in the South Lake Union area of Seattle since the City Council rezoned the one-time industrial hub for office and retail. \r\n \r\nThe 400 Fairview building will be a 13-story tower with 320,000 sq. ft. of office space and 17,000 sq. ft. of ground floor retail. Skanska is targeting LEED Gold certification on the building. \r\n \r","showSummary":null,"url":"/real-estate/skanska-breaks-ground-seattle-retail-office-tower","date":"2013-10-16T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Bar Louie opens new location in Arlington, Texas","id":74404,"bundle":"article","summary":"
Dallas — Bar Louie has opened a new location in south Arlington, Texas. It will be the brand’s second north Texas location. \r\n \r\nThe grand opening will host a four-day blowout bash starting Oct.17. In addition to $2 signature martinis, Bar Louie will offer all guests a free appetizer or flatbread just for stopping by.
\r\n
","showSummary":null,"url":"/real-estate/bar-louie-opens-new-location-arlington-texas","date":"2013-10-15T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Nordstrom Rack to open in Dublin, Calif., in 2015","id":74401,"bundle":"article","summary":"
Seattle -- Nordstrom plans to open a Nordstrom Rack at the Village at Dublin in Dublin, Calif. The approximately 35,000-sq.-ft. store is scheduled to open in fall 2015. The center is being developed by Regency Centers Corp. \r\n \r","showSummary":null,"url":"/real-estate/nordstrom-rack-open-dublin-calif-2015","date":"2013-10-15T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"Art Van Furniture opening in Fort Wayne, Ind.","id":74405,"bundle":"article","summary":"
Warren, Mich. — Art Van Furniture has announced the opening of a 46,000-sq.-ft. store in Fort Wayne, Ind., across the street from the Glen brook Mall in January. \r\n \r\nWith 50 stores across Michigan, Ohio, and Illinois, Art Van Furniture is the Midwest’s largest furniture retailer.
","showSummary":null,"url":"/real-estate/art-van-furniture-opening-fort-wayne-ind","date":"2013-10-15T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]},{"title":"JLL hiring in Austin","id":74402,"bundle":"article","summary":"
Austin, Texas — Jones Lang LaSalle has hired Todd Wallace and Robert O’Farrell to lead its retail brokerage practice in Austin, Texas. Wallace joins the firm as an executive VP and O’Farrell will serve as a senior VP. \r\n \r\n“We’re committed to growing our local market retail practice in key hubs around the United States,” said Greg Maloney, president and CEO of Retail, Jones Lang LaSalle. \r\n \r","showSummary":null,"url":"/real-estate/jll-hiring-austin","date":"2013-10-15T00:00:00","author":{"email":null,"uname":"Anonymous","firstName":null,"lastName":null,"bio":null,"title":null,"picture":null,"phone":null,"contactForm":null},"digitalEdition":null,"sponsored":false,"taggedPro":null,"teaserImage":null,"topics":[{"name":"REAL ESTATE","url":"/real-estate"}],"attachedFiles":[]}]},"title":"REAL ESTATE","contentParagraphs":null,"sections":null};
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Houston — The Mansour Group has completed the sale of an LA Fitness in Houston for $12 million. The 45,000-sq.-ft. facility is located in Houston’s Memorial Area, the wealthiest neighborhood in the city and the sixth wealthiest zip code in the state.
Mansour www.themansourgroup.com marketed the property on behalf of the seller, a national REIT. The buyer was another institutional REIT.
New York -- Uniqlo has opened a pop-up store in the 14th Street-Union Square subway station in Manhattan. The store, which will be open through the holidays, will offer shoppers will get a $5 Metro Card in a limited-edition sleeve with any purchase.
“This shop fits perfectly with our strong belief in the fundamental power of clothing to improve people’s lives, and our hope is that it will provide people with comfort and warmth during the winter season,” said Larry Meyer, COO of Uniqlo USA.
Covington, La. — Stirling Properties has opened a new office in downtown Mobile, Ala. The company’s first location in the state, the new office joins 11 others located in Louisiana and Mississippi, further strengthening Stirling’s presence in the Gulf South.
“This office will not only serve the surging market and growing economy of Mobile but also anchor the eastern side of the Interstate 10 corridor for Stirling Properties,” said Marty Mayer, Stirling’s president and CEO.
Chattanooga, Tenn. — CBL & Associates Properties, Inc. has closed on an $80 million non-recourse loan secured by The Outlet Shoppes at Atlanta, a 75/25 joint venture with Horizon Group Properties. The 10-year loan bears a 4.9% fixed interest rate. Proceeds from the loan were used to repay a $53.2 million recourse construction loan. CBL www.cblproperties.com used its share of the remaining funds to reduce outstanding balances on the company’s unsecured credit facilities.
Centreville, Va. — Sleepy’s The Mattress Professionals has opened a 6,700-sq.-ft. store in Centreville Square II on Lee Highway in Centreville, Va.
A.J. Dwoskin represented the landlord in the lease negotiations. Centreville Square II is a 200,366-sq.-ft. neighborhood center. Current tenants include Party Depot, Five Guys, Wells Fargo, Hair Cuttery and The UPS Store.
Seattle — Skanska USA Commercial Development Inc. has broken ground on 400 Fairview alongside its first major office tenant — Tommy Bahama.
Skanska is the first developer to start work in the South Lake Union area of Seattle since the City Council rezoned the one-time industrial hub for office and retail.
The 400 Fairview building will be a 13-story tower with 320,000 sq. ft. of office space and 17,000 sq. ft. of ground floor retail. Skanska is targeting LEED Gold certification on the building.
Dallas — Bar Louie has opened a new location in south Arlington, Texas. It will be the brand’s second north Texas location.
The grand opening will host a four-day blowout bash starting Oct.17. In addition to $2 signature martinis, Bar Louie will offer all guests a free appetizer or flatbread just for stopping by.
Seattle -- Nordstrom plans to open a Nordstrom Rack at the Village at Dublin in Dublin, Calif. The approximately 35,000-sq.-ft. store is scheduled to open in fall 2015. The center is being developed by Regency Centers Corp.
Warren, Mich. — Art Van Furniture has announced the opening of a 46,000-sq.-ft. store in Fort Wayne, Ind., across the street from the Glen brook Mall in January.
With 50 stores across Michigan, Ohio, and Illinois, Art Van Furniture is the Midwest’s largest furniture retailer.
Austin, Texas — Jones Lang LaSalle has hired Todd Wallace and Robert O’Farrell to lead its retail brokerage practice in Austin, Texas. Wallace joins the firm as an executive VP and O’Farrell will serve as a senior VP.
“We’re committed to growing our local market retail practice in key hubs around the United States,” said Greg Maloney, president and CEO of Retail, Jones Lang LaSalle.