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Deals

  • Panera Bread to open new Manhattan location

    New York City -- SRS Real Estate Partners said that Panera Bread has leased 6,926 sq. ft. on the ground-floor and basement levels at 120 E. 86th Street in Manhattan.
          
    The lease was arranged by way of a termination with the current tenant, Walgreens, and a new lease execution with Panera.

  • Banana Republic Outlet to open at Arena Hub Plaza

    Wilkes-Barre, Pa. -- Metro Commercial announced that it has inked a new lease for Banana Republic Outlet at Arena Hub Plaza, located in Wilkes-Barre, Pa.

    The new, 7,380-sq.-ft. store is slated to open in fall 2011. Other tenants in the 524,000-sq.-ft. power center include Lowe’s, Best Buy and PetSmart.

  • Terranova awarded new leasing assignments

    Miami Beach, Fla. -- Terranova Corp. announced it has been awarded new leasing assignments for two south Florida strip centers.
           
    Piper’s Glen Shopping Center in Boynton Beach and Shoppes of Ives Dairy in Miami Gardens have been added to the Terranova leasing portfolio, effective immediately.

  • Edens & Avant expands NYC presence with new exec

    Columbia, S.C. -- Edens & Avant announced it has named Ed Senenman as senior VP, investments for the company.
           
    Senenman will be located in Edens & Avant’s new New York City office as the company continues to expand its NYC presence as part of an overall strategy of focusing on retail investments in major East Coast markets.
           
    Senenman was previously senior director of acquisitions for Federal Realty.

  • An Pure Spa to open in Manhattan

    New York City -- Winick Realty Group said that An Pure Spa, an upscale nail and day spa, has leased its first New York City location at 207 Ninth Avenue.
           
    The 1,965-sq.-ft. ground-floor space is accompanied by a 1,965-sq.-ft. basement.

  • Dunkin’ Brands files for IPO

    New York City -- Dunkin’ Brands Group, which operates the Dunkin' Donuts and Baskin-Robbins chains, filed to sell at least $400 million of stock in an initial public offering.

    The Canton, Mass.-based company plans to use the proceeds to repay debt and for working capital and general corporate purposes, according to its filing with the Securities and Exchange Commission.

    Dunkin' Brands was taken private in 2005 by a trio of private-equity firms for $2.4 billion in cash.

  • Hudson’s Bay to test Home Outfitters concept in United States

    New York City -- Hudson’s Bay Co. will test its HBC’s Home Outfitters concept in the United States, opening two stores in New Jersey in late summer, The Globe and Mail reported.

    If successful, the company will further expand the home-goods concept, which will be called Lord & Taylor Home in the United States. (Hudson’s Bay and Lord & Taylor are owned by Purchase, N.Y.-based NRDC Equity Partners.)

  • America’s Mattress to open at Sherwood Market Center

    Sherwood, Ore. -- Jacksonville, Fla.-based Regency Centers said it has leased retail space to America’s Mattress, which will open a 5,200-sq.-ft. location at Sherwood Market Center, located in Sherwood, Ore.

    The new store, slated to open this summer, will bring the center to 98% leased.

    The 124,000-sq.-ft. shopping center is anchored by Albertsons, alongside national retailers Supercuts, Baskin Robbins, Massage Envy, Snap Fitness, Chase Bank and GNC.

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