Skip to main content

Deals

  • Roundy’s makes public offering of 8.8 million shares

    Milwaukee -- Roundy’s, Inc. has set the pricing of an underwritten public offering of about 8.8 million shares of its common stock at a price to the public of $7 per share. The company is offering 2.9 million shares of its common stock, and certain selling stockholders are offering 5.9 million shares of Roundy’s common stock.

  • Levin announces 27 lease transactions

    North Plainfield, N.J. — Levin Management inked 27 new leases and lease renewals totaling more than 190,000 sq. ft. over the past several months.

    Northern New Jersey (Passaic, Essex, Bergen and Somerset counties)

    • At West Orange Plaza in West Orange, Essex County, Levin signed a 14,115-sq.-ft. lease with Retro Fitness. In neighboring Passaic County, at Clifton Plaza in Clifton, Levin signed another gym for 15,000 sq. ft. and is overseeing its ground-up construction there.

  • Lao Feng Xiang Jewelry to Fifth Avenue in NYC

    New York — Lao Feng Xiang Jewelry has signed a long-term lease for its first North American retail store and showroom at 585 Fifth Avenue in New York City. Slated to open in the fall of 2014, the 6,100-sq.-ft. flagship store will feature three floors plus a basement. The jeweler has more than 2,300 sales outlets around the world.

    Winick Realty Group represented the owner, TSW 33 Realty Corp. in the transaction, achieving a record rent that edged close to the record asking price of $2.25 million per year. CBRE represented Lao Feng Xiang.

  • Cobbs Ford Village in Prattville, Ala., adds tenants

    Nashville, Tenn.GBT Realty has announced that Firehouse Subs, Aspen Dental, Bama Fever Tiger Pride, Smashburger and Edible Arrangements will be coming to Cobbs Ford Village, a new in-line shopping center in Prattville, Ala.

    Starbuck’s and Gigi’s Cupcakes have already opened at the shopping center, and Chipotle will open in mid February. Two 1,600-sq.-ft. places remain available.

  • KKR & Co. to acquire National Vision Inc.

    New York -- Private equity firm KKR & Co. will acquire National Vision Inc. from Berkshire Partners.

    National Vision, which focuses on low-cost glasses and contacts, operates more than 750 retail locations under names that include America's Best Contacts & Eyeglasses and Eyeglass World. It also has stores inside Wal-Mart Stores Inc, Fred Meyer, and military bases.

    Terms of the deal were not disclosed. The management team of National Vision is expected to remain a significant investor in the company, KKR said.

  • Dunkin’ Donuts plans 22 new stores in Baltimore/Washington, D.C., market

    Canton, Mass. – Dunkin’ Donuts has entered multi-unit store development agreement with five existing franchise groups to develop 22 new restaurants throughout the Greater Baltimore/Washington, D.C., area over the next several years. The five franchise groups and their development plans include:

    • Existing franchisee Arun Mandi plans to develop eight restaurants throughout Washington, D.C., and Virginia. Mandi currently operates 28 locations in Delaware, New Jersey, and Pennsylvania. His next restaurant is planned to open in 2015.

  • J.C. Penney enters partnership to develop land around headquarters

    Plano, Texas – J.C. Penney Company has entered into a new partnership to develop the vacant land around its Plano, Texas, home office in the Legacy Business Park. The new partnership will be managed by Team Legacy, a venture of the Karahan Companies, Columbus Realty, and KDC.

X
This ad will auto-close in 10 seconds