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Deals

  • Savills and SRS Real Estate form alliance

    Dallas — Savills, a global real estate services provider listed on the London Stock Exchange, has announced the formation of a strategic alliance with SRS Real Estate Partners — the largest real estate firm exclusively dedicated to servicing retail clients in the U.S.

    The alliance will act as a bridge between U.S. and U.K. markets and provide Savills’ and SRS’s retail clients access to expert advise about growing internationally

  • La-Z-Boy to buy two franchise La-Z-Boy Furniture Galleries in Ohio

    Monroe, Mich. – La-Z-Boy Inc. intends to acquire two La-Z-Boy Furniture Galleries stores located in the Youngstown, Ohio, market, with combined revenue of approximately $6.5 million. The stores are located in Boardman and Howland, Ohio, and are owned and operated by independent dealers who are retiring.  

  • Divaris signs three leases in Central Va.

    Richmond, Va. — Divaris Real Estate has announced the renewal of three retail leases totaling approximately 9.000 sq. ft. in the Richmond metropolitan area.

    Legacy School of Dance signed a lease for 3,813 sq. ft. of retail space in Colony Plaza in Midlothian, Va. This is the second Richmond area location for the dance studio. Divaris represented the landlord, Colony Crossing. Legacy joins Dolce Vita Restaurant, Best Cleaners, Colony Coffee, Native Sun Tanning, Padows Deli, Fortune Bowl Restaurant and Nail Envy.

  • Major mixed-use project for Conway, Ark.

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  • Safeway to dispose of Dominick’s stores and exit Chicago market

    Pleasanton, Calif. -- Safeway Inc. announced it plans to get rid of its 72 Dominick's stores in the Chicago area, exiting the market in early 2014.

    Safeway’s decision comes after Dominick's had a net loss of $8.4 million for the third quarter, ended Sept. 7, compared with a loss of $6.2 million in the year-ago period, and a net loss of $21.5 million for the year to date, compared with $16.8 million for the year- ago period.

  • DLC Management announces recent leases

    Tarrytown, N.Y. — DLC Management Corp., a national owner and operator of open-air shopping centers, announces the following new leases, signed during August and September of 2013.

  • RKF arranges three NYC leases for Carlo Pazolini

    New York — RKF has arranged three long-term leases, totaling 13,055 sq. ft., in Manhattan for Carlo Pazolini, the European shoe and accessories brand. RKF represented Carlo Pazolini in each transaction.

    The first store is in the Meatpacking District at 410 West 14th Street and spans 5,000 sq. ft., with 2,500 sq. ft. on the ground floor and another 2,500 sq. ft. in the basement. The location has opened for business. RKF represented the landlord Amcojor Realty Corp.

  • Charter Realty inks six leases in Shrewsbury, Mass., center

    New York -- Charter Realty and Development has announced six lease signings totaling 25,855 sq. ft. at the White City Shopping Center in Shrewsbury, Mass.

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