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Real Estate – in New York and Beyond
Retailers and developers from around the country are preparing to attend the International Council of Shopping Centers’ New York deal-making convention in New York City on Dec. 6 and Dec. 7. Chain Store Age talked with Ivan L. Friedman, president and CEO of New York City-based retail real estate advisory firm RCS Real Estate Advisors, about what the industry has in store for the New York show and beyond.
As retailers prepare to attend the New York deal-making show in early December, how would you describe the current state of retail?
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Hhgregg opens Florida, Pennsylvania stores
Naples, Fla. -- Beachwood, Ohio-based Developers Diversified Realty Corp. said that Hhgregg has joined Carillon Place, a 283,238-sq.-ft. community center in Naples, Fla., and Peach Street Square, a 676,245-sq.-ft. shopping center in Erie, Pa.
Joining national tenants Walmart Neighborhood Market, Bealls Outlet, T.J.Maxx, Ross Dress for Less and OfficeMax, Hhgregg opened a 36,459-sq.-ft. store at Carillon Place.
The 28,152-sq.-ft. Hhgregg store at Peach Street Square joins Lowe's, Home Depot, Kohl's, Cinemark and PetSmart.