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Deals

  • 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.

  • Sears to spin off Lands’ End on April 4

    New York -- Sears Holdings Corp. said its board has approved the spin on of its Lands’ End business, effective April 4, according to a filing with the U.S. Securities and Exchange Commission.
     
    The agreement, which was announced in December, will make Lands' End an independent company that will trade on the Nasdaq under the symbol “LE.”

    Sears stockholders on record as of March 24 will receive about 0.3 shares of Lands' End common stock for each share of Sears they own.

  • Jimmy Johns inks 3 leases in Detroit metro area

    Bloomfield Hills, Mich. — Jimmy Johns has signed leases for three new restaurants in the Detroit metropolitan area, two in Livonia and one in Northville.

    In Livonia, Jimmy Johns signed a 2,277-sq.-ft. lease on Middlebelt Road. Mid-America Real Estate-Michigan (www.midamericagrp.com) represented Jimmy Johns and the landlord, CVS, in the transaction.

  • Investment company buys Denton, Texas, town center

    Dallas -- Greenway Investment Co. has acquired Denton Town Center in Denton, Texas, from a family trust represented by the Dallas office of Transwestern. Dollar-Flowers Realty Partners represented Greenway.

  • Report: Chinese e-commerce company Alibaba plans U.S. IPO

    Hong Kong – Chinese e-commerce platform provider Alibaba Group Holding Ltd. is reportedly planning a U.S. initial public offering (IPO). According to Bloomberg, Alibaba has received approval from Hong Kong regulators for its proposed governance structure.

  • DC Homevet to Brookland Plaza in Washington, D.C.

    Washington, D.C. — DC Homevet has leased a 4,400-sq.-ft. location in Brookland Plaza in Washington, D.C.’s northeastern quadrant. DC Homevet will operate District Veterinary Hospital and Concierge Medicine Center. The Center will provide medicine, surgery, concierge and specialized services primarily for dogs and cats.

    Divaris Real Estate, the property’s leasing agent, represented the landlord, Jan and Anna Slamen Family Trust in the transaction.

  • Google eyeing store site in New York City

    New York -- Google. Inc. may be close to signing a lease for its first-ever freestanding retail store in the United States, according to Crain’s New York Business. The site is located in New York City’s SoHo area, at 131 Greene Street, and is just a block away from an Apple store. The search giant reportedly wants to open brick-and-mortar stores to showcase its various gadgets, ranging from the Nexus line of smartphones and tablets to the Chromebook Pixel laptop. The company is also getting ready to go public with its Google Glass eyewear and smartwatches.
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