Deals

New York City -- Robert K. Futterman & Associates said it has arranged a long-term, 10,700-sq.-ft. lease with Mulberry at 134 Spring St., between Greene and Wooster Streets in SoHo.

The store will serve as the British lifestyle brand’s flagship location in New York City and will be its third store in Manhattan. Scheduled to open in the summer, Mulberry will occupy 5,700 sq. ft. of ground-floor retail and 5,000 on the lower level and will sell ready-to-wear in addition to accessories.

Los Angeles -- BH Properties announced that Ronald J. Platisha has been promoted to the newly created position of COO.

Platisha will lead the organizational operations while building and maintaining relationships with financial institutions.

Platisha, a 30-year veteran in the commercial real estate industry, has served as CFO at BH Properties for the past four years.

West Pottsgrove, Pa. -- Plymouth Meeting, Pa.-based Fameco Real Estate, L.P. said that  Carmike Cinemas has signed a lease for an approximately 46,000-sq.-ft. state-of-the-art multi-screen movie theater to be located in the  Upland Square Shopping Center, in West Pottsgrove, Pa.

San Clemente, Calif. -- Centro Properties Group said that a 1,198-sq.-ft. lease has been executed with Sports Clips at Ocean View Plaza, in San Clemente, Calif.

New York City-based Centro is the owner of Ocean View Plaza.
 

New York City -- Chicago's City Council on Thursday approved a $1 million property tax break for Costco Wholesale Corp. to build its second store in the city, Chicago Business reported.

The tax break was introduced by Mayor Richard M. Daley at a December City Council meeting. He asked that the retailer receive a $1 million tax break over 12 years for a store to be built at 14th Street and Ashland Avenue.

MINNEAPOLIS - Just days after announcing 2011 U.S. expansion plans, Target announced an acquisition in Canada that will enable it to open between 100 and 150 stores during the next four years. The company announced that it has agreed to pay C$1.825 billion to purchase from Zellers Inc., a subsidiary of the Hudson's Bay Company, the leasehold interests in up to 220 sites currently operated by Zellers Inc. This transaction will allow Target to open its first Target stores in Canada beginning in 2013. 

Minneapolis -- Just days after announcing 2011 U.S. expansion plans, Target announced an acquisition in Canada that will enable it to open between 100 and 150 stores during the next four years. The company announce that it has agreed to pay C$1.825 billion to purchase from Zellers Inc., a subsidiary of the Hudson's Bay Co., the leasehold interests in up to 220 sites currently operated by Zellers. This transaction will allow Target to open its first Target stores in Canada beginning in 2013.

Boca Raton, Fla. -- Office Depot is buying Swedish office supply company Svanstroms Gruppen in order to expand its presence there.

Terms were not disclosed.

Office Depot first entered the Swedish market in 2004 through a strategic alliance with AGE Kontor & Data AB.

"We've been successful in this market and see continued growth and high potential in the region," said Charlie Brown, president of Office Depot's international division, said in a statement on Tuesday.