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  • Muscle Maker Grill relocates in Manhattan

    New York -- Muscle Maker Grill has moved from its Eighth Avenue Manhattan location, which was damaged by Hurricane Sandy, to Seventh Avenue between 16th and 17th Streets in Chelsea, according to Winick Realty Group. The new Muscle Maker will open in late summer or early fall.

    Winick represented Muscle Maker, and Duell Management, the landlord, was represented in-house.

     

  • W.P. Carey acquires H&M DC in Poland for $85 million

    New York -- Real estate investment trust W.P. Carey has acquired a Hennes & Mauritz logistics center in Poznan, Poland.

    W.P. Carey, through one of its affiliates, purchased the 896,911-sq.-ft. facility for $85 million.

    The center, which supplies all of H&M’s Eastern European stores as well as serves as its primary European e-commerce logistics hub, will be leased back to H&M.

  • Epic Stores leases Phoenix big-box

    Phoenix -- GDC/RE has leased a 47,036 former Phoenix Safeway to Epic Stores. The transaction marked GDC/RE’s tenth lease of more than 10,000 sq. ft. in the last 12 months.

    “Arizona has been seen as the poster child of big-box vacancy in recent years,” says Joe Doucett, co-founder and designated broker of GDC/RE. “Our firm has re-tenanted every anchor and other large-format space in our portfolio.”

     

  • Turnersville, N.J.’s Washington Plaza signs credit union

    Purchase, N.Y. -- National Realty & Development Corp. has announced that the Police and Fire Federal Credit Union will take 4,000 sq. ft. in Washington Plaza in Turnersville, N.J.

    It will be the first New Jersey location for the Credit Union. Burlington Coat Factory and LA Fitness anchor the 196,000-sq.-ft. shopping center.

     

  • Rick Puttkammer returns to Colliers

    San Diego -- The San Diego office of Colliers International has announced that Rick Puttkammer is rejoining the firm as a senior VP. A 25-year veteran in retail property sales and leasing, Puttkammer will head up the firm’s retail division.

    Most recently, Puttkammer was senior VP at Flocke & Avoyer in San Diego. From 1987 to 1997, he was senior marketing director at Colliers in San Diego.

     

  • Saint Petersburg Global signs for first Manhattan store

    New York -- Saint Petersburg Global Trade House, the oldest Russian book, music video, toy and souvenir retailer in the United States, has signed a lease for its first Manhattan location — in the NoMad neighborhood, according to Winick Realty Group, which represented the retailer.

    The 10-year lease includes a 1,051-sq.-ft. ground floor and a 653-sp.-ft. mezzanine. The landlord, an entity owned and managed under a partnership controlled by The Feil Organization, was represented in-house.

  • Arden Group to consider putting itself up for sale

    Los Angeles -- Arden Group, owner of the 16-unit Gelson’s Market grocery chain, said that the company is exploring its strategic options and has hired financial adviser Moelis & Co. to help with the review process.

    The options may include a possible sale of the company.

    No timeline for any potential transactions has been outlined.

     

  • New York & Company inks deal for Somerset

    Bridgewater, N.J. -- Women’s apparel retailer, New York & Company, has taken 7,440 sq. ft. in the Somerset Shopping Center in Bridgewater, N.J., according to Levin Management, the property’s leasing and managing agent.

    The lease brings the 214,202-sq.-ft. center to full occupancy.

     

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