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Tenant Update

  • Porcelanosa to open at Rockville Pike

    Chevy Chase, Md. -- JBG Rosenfeld Retail said it recently inked a long-term lease on behalf of kitchen and bath tile manufacturer and distributor Porcelanosa for a 12,500-sq.-ft. storefront formerly occupied by Anthropologie.

    The building, located at 11500 Rockville Pike, sits next to JBGR’s new North Bethesda Market development.

    Porcelanosa currently occupies an 8,000-sq.-ft. showroom in the 700 block of Rockville Pike in the Marlo building. 

  • X Team welcomes new partner

    Bethesda, Md. -- Retail real estate alliance X Team International said it has named a new partner, Bethesda, Md.-based Streetsense.

    Beyond traditional landlord and tenant representation, Streetsense offers architecture, interior design, branding, marketing and merchandising strategies to entrepreneurs, retailers, developers and public sector entities. 

  • La Mar Peruvian restaurant to open on Madison Square Park

    New York City -- Robert K. Futterman & Associates said it has brought Gastón Acurio's Peruvian restaurant concept La Mar to New York City's Madison Square Park, as Acurio’s company has taken over the former Tabla space at 11 Madison Ave.

    RKF recently arranged the retail lease assignment, including approximately 9,000 sq. ft. on two floors, in the Credit Suisse Building on the southeast corner of 25th Street.

    The restaurant is slated to open in the fall.

  • Charming Shoppes to close 240 stores

    Bensalem, Pa. -- Charming Shoppes said it would close 240 unprofitable stores in 2011, or nearly 12% of its total outlets, and that more than half of those would be Fashion Bug stores.
     
    The locations were not disclosed.

    The company said all 30 of its Catherines Plus Sizes stores in outlet locations would be shuttered over a two-year period.
     

  • Wal-Mart to reopen 12 quake-hit stores in Japan

    Bentonville, Ark. -- Wal-Mart Stores announced Sunday that it will re-open 12 of its Seiyu stores in Japan, which were affected by the earthquake. A company spokesman added that the retailer is hoping to open the remaining 12 impacted stores as soon as possible.

    Wal-Mart has 371 stores and 43 deli outlets in Japan, of which 24 were affected by the March 11 earthquake and tsunami.

    Of Wal-Mart's affected stores, two were severely hit and were completely covered by mud, according to the company.

  • Jos. A. Bank to open at Willow Grove Park this spring

    Willow Grove, Pa. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that Jos. A. Bank will open a new store at its Willow Grove Park shopping mall this spring.

    The 4,465-sq.-ft. store will be located next to Bloomingdale’s and will join Men’s Wearhouse and Tux, Express, J. Crew, Banana Republic and Guess, expanding Willow Grove Park’s men’s fashion collection.

  • Trademark names senior leasing VP

    Fort Worth, Texas -- Trademark Property Co. said that Vince O’Toole has joined the company as senior VP leasing, effective March 7.
     
    O’Toole will lead the specialty store leasing efforts for Santa Fe Place mall in Santa Fe, N.M., and serve as the leasing team leader for Watters Creek in Allen, Texas.  Additionally, he will work on new business for Trademark.

    He joins Trademark from Cousins Properties, Atlanta.

  • Shoppes at Chino Hills to add two new restaurants

    Chino Hills, Calif. -- The Shoppes at Chino Hills announced that it is adding Dillon’s Irish Pub & Grill, along with Dripp coffee boutique and ice shop, to its tenant lineup.

    The new restaurants join P.F. Chang’s China Bistro, Chipotle Mexican Grill, California Pizza Kitchen, Yard House and Wood Ranch BBQ & Grill at the shopping center.

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