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Deals

  • Warby Parker takes Upper East Side location

    New York — Warby Parker, the hip eyeglass brand, has leased the iconic retail space on the southeast corner of the intersection of Lexington Avenue and 82nd Street in the Upper East Side.

    Winick Realty Group (www.winick.com) represented the landlord Samy Mahfar of SMA Equities in the transaction. Thor High Street Advisors represented Warby Parker.

  • Muss to acquire Upper East Side retail condo

    New York — Muss Development LLC is acquiring a 5,000-sq.-ft. retail condominium located at the base of the Touraine Condominium at 865 Lexington Avenue on New York City’s Upper East Side. Immediately upon closing, Muss will enter into a long-term lease with Le Pain Quotidien for its 31st location in Manhattan.

    Known for its organic bread and cakes, Le Pain Quotidien will take the ground-floor retail component.

    In the sales transaction, Jones Lang LaSalle represented both Muss Development and the seller, Lex 65.

  • J. Crew-Fast Retailing Co. merger talks cease

    New York – Merger talks between J. Crew and Japanese retailer Fast Retailing Co. have reportedly ended, at least for the time being. According to the Wall Street Journal, Fast Retailing, owner of the Uniqlo chain, left the discussions not long after they were made public by the media in late February 2014.

  • Report: Shopping center planned for Shreveport, La.

    Shreveport, La. – Houston-based developer NewQuest Properties is reportedly planning to build a roughly 22-acre shopping center in southwest Shreveport, La. According to the Shreveport Times, the center will be known as Camp Forbing Town Center and be located on a 47-acre parcel owned by the YMCA.

  • Men’s Wearhouse extends tender offer for Jos. A. Bank

    Fremont, Calif. -- The Men's Wearhouse has extended the expiration date of its tender offer for all outstanding common shares of Jos. A. Bank, in accordance with terms of the March 11 merger agreement. The offer and withdrawal rights are now scheduled to expire on April 9, 2014, unless further extended.

  • Iconic Vegas mall to receive major renovation

    Las Vegas -- 1960s-era The Boulevard Mall will receive a $25 million makeover in hopes of prompting an overall redevelopment of the Maryland Parkway corridor of Las Vegas.

    The rehab, to be launched by owner Sansone Cos., which acquired the mall last December for $54.5 million, will be the property’s first major renovation in more than two decades. Sansone is looking at the renovation of the Boulevard as a catalyst in the overall redevelopment effort of the Maryland Parkway corridor.

  • Sold: Josey Rosemeade Center in Carrollton, Texas

    Dallas — CBRE’s Private Capital Group has announced the sale of Josey Rosemeade Shopping Center, an unanchored strip center in Carrollton, Texas.

    Located just northwest of the Dallas/Fort Worth metro area in an affluent, densely populated area, the 14,500-sq.-ft. center received more than 20 offers.

  • Jsong and 7th Avenue Stationers to Manhattan Garment Center

    New York — Winick Realty Group has announced two lease transactions that will relocate two long-time tenants in Manhattan’s Garment Center.

    Twenty-year-old Chinese contemporary sportswear designer Jsong International signed a lease for 1,900 sq. ft. at 149B West 36th Street, between Broadway and Seventh Avenue. The brand, which had previously operated a showroom at nearby 499 Broadway, moved to introduce a retail component to its business.

  • Choza Taqueria to open third Manhattan location

    New York — Choza Taqueria, a Manhattan-based Mexican restaurant, has signed a lease for its third location at 100 Park Avenue, between 40th and 41st Streets. The new location will reach a lunchtime crowd from the area’s many Class A offices and the business commuters and visitors passing through Grand Central Station.

    Winick Realty Group represented Choza, which currently operates storefronts on Madison Avenue and 27th Street and Macdougal Street and Bleecker Street.

  • SRS appoints Adam Baxter as first VP

    Dallas — SRS real Estate Partners has appointed Adam Baxter as first VP in the Birmingham office. He will focus on tenant and landlord representation in the Birmingham market.

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