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Deals

  • DRE adds five retailers to metro Richmond

    Richmond, Va. -- Five retailers have signed five leases, taking a total of 23,700 sq. ft. of retail space in the metropolitan Richmond, Va., market, according to Divaris Real Estate, Inc., the broker representing the retailers.

  • Target to expand California footprint with two new locations

    Minneapolis - Target announced plans to open new stores in Fresno and Rocklin, Calif., in March 2014.

    The Fresno store will be part of the Marketplace at El Paseo shopping center. The Rocklin store will be part of the Rocklin Commons shopping center.

    The Fresno Northwest store will be approximately 140,000 sq. ft.

  • Lam Group chooses broker for NYC NoMad retail

    New York -- The Lam Group has chosen Newmark Grubb Knight Frank (NGKF) Retail and Hospitality Services to lease the 100,000-sq.-ft. retail portion of a mixed-use project in the NoMad neighborhood of New York City.

    The 400,000-sq.-ft. project includes two 300-room hotels with meeting spaces, wellness facilities, multiple food and beverage outlets and retail space.

     

  • Opus completes third Gander Mountain project

    Minneapolis -- The Opus Group has completed construction of a 42,300-sq.-ft. store for outdoor retailer Gander Mountain in Tuscaloosa, Ala.

    Opus also constructed the Gander Mountain store in Valdosta, Ga., and provided construction management services for the store in Opelika, Ala. In addition, the retailer has awarded Opus a contract for a 45,600-sq.-ft. store in Albany, Ga.

     

  • Cycle Gear opens second store in Chicago area

    Benicia, Calif. -- Cycle Gear Inc. opened its second Illinois store in Tinley Park, a suburb just south of Chicago.

    The motorcycle apparel and accessories chain operates about 100 stores nationwide.

     

  • Vienna Shopping Center signs two new retailers

    Vienna, Va. -- Mike’s Flooring and Elements Therapeutic Massage have signed leases at Vienna Shopping Center in Vienna, Va.

    Now open for business, Mike’s Flooring has leased 1,900 sq. ft. GSC Real Estate represented Mike’s Flooring. Represented by Next Realty Mid-Atlantic, Elements Therapeutic Massage has leased 1,900 sq. ft. and will open later this summer. The Rappaport Companies represented the landlord in both transactions.

     

  • Madewell inks center city Philadelphia lease

    Philadelphia -- Madewell, a J. Crew concept, has signed its first lease in Center City Philadelphia, according to broker Fameco Real Estate. The 4,000 sq.-ft. store will be located near Rittenhouse Square. Neighboring retailers include Intermixx, Burberry, Athleta and Blue Mercury. Fameco and Open Realty Advisors both represented Madewell in the transaction.

    Both brokers are also representing searching for a 2,500-sq.-ft. location for J. Crew Men on Walnut Street in Philadelphia.

     

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