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Tenant Update

  • DLC Management announces recent leases

    Tarrytown, N.Y. — DLC Management Corp., a national owner and operator of open-air shopping centers, announces the following new leases, signed during August and September of 2013.

  • RKF arranges three NYC leases for Carlo Pazolini

    New York — RKF has arranged three long-term leases, totaling 13,055 sq. ft., in Manhattan for Carlo Pazolini, the European shoe and accessories brand. RKF represented Carlo Pazolini in each transaction.

    The first store is in the Meatpacking District at 410 West 14th Street and spans 5,000 sq. ft., with 2,500 sq. ft. on the ground floor and another 2,500 sq. ft. in the basement. The location has opened for business. RKF represented the landlord Amcojor Realty Corp.

  • Divaris signs three leases in Central Va.

    Richmond, Va. — Divaris Real Estate has announced the renewal of three retail leases totaling approximately 9.000 sq. ft. in the Richmond metropolitan area.

    Legacy School of Dance signed a lease for 3,813 sq. ft. of retail space in Colony Plaza in Midlothian, Va. This is the second Richmond area location for the dance studio. Divaris represented the landlord, Colony Crossing. Legacy joins Dolce Vita Restaurant, Best Cleaners, Colony Coffee, Native Sun Tanning, Padows Deli, Fortune Bowl Restaurant and Nail Envy.

  • Cafaro signs Five Below, Hot Head Burrito, Carter’s

    New York -- Five Below will debut in two Cafaro malls next summer. The three-million-sq.-ft. Eastwood Mall Complex in Niles, Ohio, will welcome a 9,300-sq.-ft. Five Below. The two-million-sq.-ft. Millcreek Mall Complex in Erie, Pa. will get an 8,700-sq.-ft. store in the Millcreek Pavilion.

    Hot Head Burrito will also open a 2,000-sq.-ft. location, now under construction, at Eastwood Mall. A young chain, Hot Head Burrito operates more than 50 restaurants in six states.

  • Charter Realty inks six leases in Shrewsbury, Mass., center

    New York -- Charter Realty and Development has announced six lease signings totaling 25,855 sq. ft. at the White City Shopping Center in Shrewsbury, Mass.

  • Kimco acquires Five Forks in Lilburn, Ga., for $10 million

    Atlanta — Kimco Realty Corporation has acquired Five Forks Crossing, a 73,910-sq.-ft. grocery-anchored retail center in Lilburn, Ga., according to Transwestern, the firm that brokered the transaction.

    Five Forks Crossing occupies 6.6 acres in Lilburn in the Gwinnett County submarket near Ronald Reagan Parkway. Anchored by Kroger, the property is 100% leased.

    Transwestern represented the seller, SWA Investment.

     

  • Whole Foods Market to open in Newark, N.J.

    New York -- Whole Foods Market has signed a lease for a 29,000-sq-ft. store in Newark, N.J., according to the Newark Star-Ledger.

    The store is expected to be an anchor tenant in a 112-year-old landmark building that was once occupied by the Hahne & Co. department store. The building is being converted into a multi-use space that will feature apartments, retail and office space.
    The project is a joint partnership between the Newark-based Hanini Group and L&M Development Partners of New York.

  • Winick net leases Brooklyn building to Planet Fitness

    New York — Planet Fitness has net leased a freestanding building on Fulton Street, a major retail corridor in the Bedford Stuyvesant section of Brooklyn. From basement to second floor, the three level building will encompass 22,500 sq. ft. with 7,500 sq. ft. on the ground floor. The second floor is currently under construction, and the entire building is being renovated to fit the gym concept.

    Crown Retail represented Planet Fitness, while Winick Realty Group represented the landlord, Infinity Real Estate LLC.

     

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