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Deals

  • Planet Fitness to unveil Manhattan flagship

    New York City -- Planet Fitness said Wednesday that it will open a Manhattan flagship location in Chelsea, at 158 West 27th Street, and is slated to open in early 2012.

    The 20,000-sq.-ft. center will be housed at Himmel + Meringoff Properties’ 12-story, 117,000-sq.-ft. office building which has recently undergone a multi-million-dollar renovation.

    Planet Fitness currently operates its only New York City fitness center in Harlem on 125th Street.

     

  • Fameco takes on two new property management assignments

    Plymouth Meeting, Pa. -- Fameco Real Estate, L.P. said that its property management division, Fameco Management Services, has been awarded two new assignments from Titanium Real Estate Advisors totaling 88,000 sq. ft.

    Designers Court is a 78,000-sq.-ft. shopping center located in Marlton, N.J., anchored by Atlas Interior Home Fashions, Kroungold’s Furniture, Mixellaneous, ABC Discount Appliances and Toppers Salon and Health Spa.

  • Coreland Cos. names new hire

    Tustin, Calif. -- Coreland Cos. of Tustin, Calif., announced that Kim Talley has been named senior associate, retail brokerage.

    Talley was previously senior associate with CB Richard Ellis. She has completed transactions with TJ Maxx, Wells Fargo, TruValue Hardware, Starbucks and Citibank.

  • Jo-Ann Fabric and Crafts to open in former Borders space

    Wyomissing, Pa. -- Phoenix-based Cole Real Estate Investments said Monday that it has executed a lease with Jo-Ann Fabric and Craft Stores in Wyomissing, Pa., for approximately 25,000 sq. ft., backfilling a former Borders location.

    The in-line store is located adjacent to OfficeMax, Toys “R” Us and Old Navy.

  • Weitzman names VP

    Dallas -- The Commercial Retail Division of The Weitzman Group said that David Zoller has been promoted to the position of VP.

    Zoller is focused on investment sales and retail project leasing, as well as tenant representation for a select group of retailers, in the Dallas-Fort Worth area.
     

  • TCBY expands to two CNL Crosland centers

    Charlotte, N.C. -- CNL Crosland Commercial Real Estate announced the upcoming opening of The Country’s Best Yogurt (TCBY) at two Charlotte N.C. shopping centers – Town Center Plaza (2,100 sq. ft.) and Quail Corners (1,700 sq. ft.).

    The stores will open their doors this winter.

    TCBY has six self-serve stores in the Charlotte area, all owned by Samuel Batt. The Quail Corners’ location represents the first tenant announcement for the under-redevelopment center, which is anchored by Harris Teeter and Rite Aid. 

  • Sutton announces new hire

    Syracuse, N.Y. -- Sutton Real Estate Co. announced that Larry J. Socia, has joined the company as retail director.

    Socia’s focus will be expanding the client representation business, seeking new business opportunities and overseeing existing retail real estate services.

    Socia was previously retail division director for the Cushman & Wakefield Strategic Alliance Partner in Upstate New York.
     

  • Marcus & Millichap announces promotion

    Philadelphia -- Marcus & Millichap Real Estate Investment Services said that it has promoted Mark E. Taylor to first VP investments.

    Most recently, Taylor held the title of VP investments. He specializes in the sale of retail shopping centers and net-leased property investment real estate.

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