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Development/Redevelopment

  • Target to open in Huntington, N.Y.

    Minneapolis -- Target announced plans to open a store in Huntington, N.Y. in October.

    To date, Target has announced plans to open 17 Target stores in 2013.

     

  • Levi’s, New York City

    Levi’s latest New York City location, in SoHo, has a rustic feel, enhanced by the use of wood and other materials. Designed by MBH Architects, the 12,683-sq. ft. store features tent-like dressing rooms and lighting fixtures made of rope. The "fit bar" is a table made of natural wood logs.

     

  • Uniqlo parent records 17% leap in Q1 profit

    New York -- Fast Retailing Co., parent to the Uniqlo chain, reported Thursday that net income for the fiscal first quarter jumped 17% to $644.3 million, boosted by strong same-store sales at Japan Uniqlo units.

    On Wednesday, the company announced that Uniqlo will continue its U.S. expansion strategy by opening two new mall locations in New York.

    The company has raised its annual profit forecast.

     

  • Cohen brokers sale of Hartford shopping center to Inland

    Newington, Conn. -- Cohen Real Estate said Thursday that it has brokered the sale of Newington Fair Shopping Center for $17.5 million to Inland Diversified Real Estate.

    The property is a 100 % occupied, 187,000-sq.-ft. power center located in the community of Newington, and is anchored by a 135,000-sq.-ft. Sam’s Wholesale Club and a 52,000-sq.-ft. L.A. Fitness.

    The seller is a Houston-based developer, owner and manager of single and multi-tenant retail properties.

     

  • Report: 2012 sees improved leasing for retail real estate

    North Plainfield, N.J. -- A Thursday report by Levin Management Corp. found that leasing activity in New Jersey, New York and Pennsylvania improved in 2012.

  • Destination Maternity opens first Canada location

    Philadelphia -- Destination Maternity Corp. said it is opening its first Destination Maternity store in Canada on Thursday in Calgary, Alberta, at the Kingsland Village retail development.

    The store will debut its A Pea in the Pod brand in Canada.

  • European Wax Center to open at Murray Hill

    New York -- Winick Realty Group announced that European Wax Center has signed a lease for its first Murray Hill location at 222 East 34th Street, between Second and Third Avenues. The 1,900-sq.-ft., ground-floor store is slated to open this spring.

    The store is part of the newly developed retail at the base of 480-unit luxury apartment building The Anthem.

    Winick Realty Group is exclusively handling retail leasing on the building on behalf of landlord Rosebud Associates.

     

  • CBL acquires interest in Kirkwood Mall

    Bismarck, N.D. -- Chattanooga, Tenn.-based CBL & Associates Properties announced Thursday that it plans to acquire Kirkwood Mall, located in Bismarck, N.D., from Radiant Partners.

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