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Development/Redevelopment

  • Fairway Market to anchor Hudson Yards

    New York – Fairway Market will be the anchor grocer at the Hudson Yards residential/retail complex being developed by Related Companies and Oxford Properties Group in Manhattan. The 45,875-sq.-ft. store will be located in the Hudson Yards South Tower.

  • AT&T, LaGrange, Ill.

    AT&T has transformed its store in LaGrange, Ill., to a new look that the company is rolling out at new and redesigned stores nationwide. Focused on the customer experience, the store is designed to create a more interactive and inviting store environment. Many of the elements (design and merchandising) were introduced at AT&T’s flagship on North Michigan Avenue in Chicago.

  • Buxton rolls out analytics for Canadian market

    Fort Worth, Texas — Buxton has announced the roll out of a full suite of retail market analyses in the Canadian marketplace. The company noted that the Canadian retail market has become extremely competitive and will likely see massive retail growth over the next few years. As a new concentration for Buxton, the effort will focus on both U.S. retailers expanding into Canada, and Canadian organizations looking to maximize their footprint in the market.

  • JLL strengthens its capital markets talent pool

    New York -- Jones Lang LaSalle has added another financing expert to its growing Capital Markets team in Dallas. Industry veteran Jeff Zickefoose joins has joined the firm as senior VP. He will work with Managing Director Randy Fleisher and the rest of the team to provide strategic services to clients throughout the region.

    “Jeff brings nearly 20 years of financial experience and a long track record of originating debt on behalf of leading commercial mortgage debt providers,” said Fleisher.

  • JLL closes on four multifamily properties for $120 million

    New York -- Jones Lang LaSalle’s Capital Markets group has closed the sale of four prime multifamily properties in the Dallas area on behalf of four separate sellers. The combined sale price exceeded $120 million.

  • Dunkin' Donuts to add eight units in Rochester, N.Y.

    Canton, Mass. -- Dunkin' Donuts said it will open eight new restaurants in Rochester, N.Y., via a multi-unit store development agreement executed with existing franchisee Luis Ribeiro.

    Ribeiro currently owns 25 of the 61 Dunkin' Donuts in the Greater Rochester area.  

    "We expect 10 to 20 new Dunkin' Donuts restaurants to open in Rochester over the next few years," said Grant Benson, VP franchising and business development, Dunkin' Brands.

  • Nordstrom Rack to open at Baybrook Square

    Webster, Texas -- Seattle-based Nordstrom will add a new Nordstrom Rack location in the Houston area, opening a 31,000-sq.-ft. store in spring 2015 at Baybrook Square in Webster, Texas.

    The Baybrook Square Rack will be the fourth Houston-area off-price store for Nordstrom. In July the company announced plans to open a third Rack location at Willowbrook Mall in fall 2014.

    The new Nordstrom Rack will move into a space currently occupied by DSW, which is relocating within the center. Baybrook Square is managed by Fidelis Realty Partners.

  • Red Robin plans grand opening in Nyack, N.Y.

    Greenwood Village, Colo. — Red Robin Gourmet Burgers will open a new restaurant at Palisades Center Mall in Nyack, N.Y., on Aug. 19.

    To help celebrate the grand opening, Red Robin will donate all receipts from the first week of sales of its signature Freckled Lemonade to Alex’s Lemonade Stand Foundation, a non-profit organization that supports research into cures for children’s cancer.

     

  • La Perla Opens Boutique in Honolulu

    New York — La Perla has opened a new boutique in Honolulu at the Ala Moana Center. The official opening ceremony took place Friday morning.

    Founded in 1954, La Perla is an Italian-based brand marketing intimate apparel, swimwear and ready-to-wear.

     

  • Jamestown acquires One Metro Center in Washington, D.C.

    New York -- Jamestown has closed on the $307.5 million acquisition of One Metro Center, a trophy office building located in the East End submarket of Washington, D.C.

    Close to the White House, Treasury Department and Ronald Reagan Building, the property sits above Metro Center Station, the central hub of Washington’s subway system.

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