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Deals

  • Retail real estate firm appoints new CEO

    O’Connor Capital Partners, a privately owned, independent real estate investment, development and management firm, has named Glenn J. Rufrano as chairman and CEO.

    Rufrano was a founding partner of the O’Connor Group, the firm’s original incarnation, and has served on the board since 2010. He has also acquired a full partnership stake in the firm.  

  • SL Green acquires interest in 650 Fifth Avenue

    New York — SL Green Realty Corp. and partner Jeff Sutton have announced the formation of a venture that has acquired a 49-year leasehold interest covering the entire retail portion of 650 Fifth Avenue. The transaction was completed with former U. S. Magistrate Judge Kathleen A. Roberts, the court-appointed federal monitor and interim trustee of the landlord, 650 Fifth Avenue Company.

  • Corner Bakery Café signs agreements for 23 new locations

    Dallas -- Corner Bakery Cafe announced the company has signed two new multi-unit franchise agreements to open new restaurants in Arizona and introduce its first restaurants in Wisconsin beginning in 2014.

    The fast-casual brand's new franchise partners include Blue Mountain Cafes, which plans to open 13 restaurants in Phoenix over the next seven years and Neo Fourno Inc., which plans to open ten new restaurants in Madison and Milwaukee over the next five years

  • Report: Investor says Men’s Wearhouse still exploring options

    New York -- The Men's Wearhouse and Jos. A. Bank Clothiers saga continues with reports that Men’s Wearhouse will review a previously rejected merger with Jos. A. Bank Clothiers.

    Eminence Capital LLC, Men's Wearhouse largest single shareholder, said the retailer is still exploring its strategic options, including a possible merger with Jos. A. Bank, the Associated Press reported. The New York-based hedge fund has urged the retailer to quickly engage with Jos. A. Bank over the merger offer that Men's Wearhouse turned down in October.

  • European Wax Center inks upper west side deals

    New York -- European Wax Center, a national chain offering waxing services for men and women, has taken space in two upper west side locations, according to Winick Realty Group, which represented the tenant in both transactions.

    European Wax Center will occupy 1,500 sq. ft. at 2409 Broadway between 88th and 89th Streets. NGKF represented the landlord, 2409 Broadway Associates.

  • Peter Chang’s to Virginia Beach center

    Virginia Beach, Va. — Peter Chang’s Chinese Bistro has leased a 6,030-sq.-ft. restaurant space at Landstown Commons in Virginia Beach, Va. Divaris Real Estate represented the landlord, Inland Diversified Real Estate, in the transaction. This will be Peter Chang’s sixth location in the region.

  • Retro Fitness and Chipotle sign at West Orange Plaza

    West Orange, N.J. — Retro Fitness and Chipotle have signed long-term leases at West Orange Plaza in West Orange, N.J., according to Levin Management, which represented the landlord in the transaction.

    Retro Fitness took 14,115 sq. ft. and was represented by Katz & Associates. Represented by Winick Realty Group, Chipotle leased 2,557 sq. ft.

  • Sears sells real estate in Canada

    Sears Canada announced that it has reached a definitive agreement with Montez Income Properties Corp. to sell its 50% joint venture interest in eight properties it owns with The Westcliff Group of Companies for approximately $315 million.  

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