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  • Le Coq Rico restaurant enters U.S. market in Manhattan

    Montmartre, France — Le Coq Rico, a popular Montmartre, France, restaurant has signed into its first location in the United States on 20th Street between Park Avenue South and Broadway in Manhattan’s Flatiron District. The space includes 3,000 sq. ft. on the ground floor and 1,800 sq. ft. on the lower level.

    Winick realty Group represented landlord Walter Samuels in the long-term lease transaction. Newmark Grubb Knight Frank represented the restaurant.

  • Cullinan names senior real estate representative

    Peoria, Ill. — Cullinan Properties has named Patty Kueneke senior real estate representative. She will lease and sell existing and newly developed properties including the Streets of St. Charles in the St. Louis metro area and the Shoppes at River Hill in Topeka, Kan.

  • Nordstrom Rack to open in Bakersfield, Calif.

    Seattle -- Nordstrom announced plans to open at a Nordstrom Rack at The Shops at River Walk in Bakersfield, Calif. The approximately 35,000-sq-ft. store is scheduled to open in spring 2015.

    The new Nordstrom Rack will be the company's first location in Bakersfield.

  • RMC will lease Sanibel Beach Place in Fort Myers, Fla.

    Fort Myers, Fla. — Sanibel Beach Place, a 72,886-sq.-ft. Publix-anchored shopping center in Fort Myers, Fla., has selected RMC Property Group as the property’s exclusive leasing agent.

    Global Realty and Management owns the property.

  • Fashion house 'Len' renews at Minneapolis City Center

    Minneapolis — Twin Cities’ fashion retailer “Len” has renewed its lease at Minneapolis City Center with a seven-year commitment. The existing 7,196-sq.-ft. store is the retailer’s only downtown location following the consolidation of several brands and stores over the last six months. The chain operates five more locations in Minnesota and one in Illinois.

    Minneapolis City Center is the two-story retail portion of a 1.6 million mixed-use property owned by Shorenstein Properties LLC.

  • NYC: Ripe With Urban Retail Possibilities

    By Scott Klatsky, director of retail leasing, Time Equities, Inc.

    New York City is the world’s retail hub — and within the city are major opportunities for retail expansion.

    In fact, Time Equities, Inc., has availabilities all over Manhattan — from Greenwich Village/NYU to Midtown to Upper West Side to Tribeca to Financial District ... even Brooklyn Heights.

  • Jones Group approves merger with Sycamore

    New York -- The Jones Group Inc. announced that its shareholders overwhelmingly voted to approve the company’s acquisition by Sycamore Partners.

    Under the terms of the deal, Sycamore will acquire Jones for $15.00 per share in cash, or a total transaction value of approximately $2.2 billion.

  • Waiting period expires for Signet-Zale purchase

    Hamilton, Bermuda -- Signet Jewelers Limited and Zale Corporation have announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, in connection with the proposed acquisition of Zale by Signet.

    The expiration of the HSR Act waiting period satisfies one of the conditions to the closing of the proposed acquisition, which remains subject to approval by Zale’s stockholders and certain other customary closing conditions.

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