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Real Estate

  • Sherwin-Williams Mexico acquisition rejected

    Cleveland – The Federal Competition Commission of Mexico has voted not to authorize Sherwin Williams’ November 2012 acquisition of Mexico City-based home improvement retailer and paint producer Consorcio Comex, S.A. de C.V. Sherwin-Williams is reviewing the rationale for the commission's decision and says it expects to respond to the Commission's concerns in the near future.

  • Turnersville, N.J.’s Washington Plaza signs credit union

    Purchase, N.Y. -- National Realty & Development Corp. has announced that the Police and Fire Federal Credit Union will take 4,000 sq. ft. in Washington Plaza in Turnersville, N.J.

    It will be the first New Jersey location for the Credit Union. Burlington Coat Factory and LA Fitness anchor the 196,000-sq.-ft. shopping center.

     

  • Fort Worth’s West 7th inks two new leases

    Fort Worth, Texas -- Brewsters Burger Bar and Chiro One Wellness Centers have leased space in the Fort Worth mixed-use development of West 7th, according to Cypress Equities, the property’s developer.

    Brewsters Burger Bar will open a 2,969-sq.-ft. location in December of this year.

    Chiro One Wellness Centers will open a 2,563-sq.-ft. location in fourth quarter 2013. It will be the tenth Chiro One in the Dallas-Fort Worth metropolitan area.

     

  • Muscle Maker Grill relocates in Manhattan

    New York -- Muscle Maker Grill has moved from its Eighth Avenue Manhattan location, which was damaged by Hurricane Sandy, to Seventh Avenue between 16th and 17th Streets in Chelsea, according to Winick Realty Group. The new Muscle Maker will open in late summer or early fall.

    Winick represented Muscle Maker, and Duell Management, the landlord, was represented in-house.

     

  • First Field & Stream specialty store to open Aug. 16

    Cranberry Township, Pa. -- The Dick’s Sporting Goods new Field & Stream specialty concept will make its debut next month at 1000 Cranberry Square Drive in Cranberry Township, Pa., near Dick’s headquarters in Pittsburgh.

  • Famous Footwear renews at Florida’s Kendall Village

    Miami, Fla. -- Famous Footwear has renewed its 8,000-sq.-ft. lease at Kendall Village Center in Miami, Fla., according to Berkowitz Development Group www.berkowitzdevelopment.com. The transaction maintains the 95% occupancy level at the 426,000-sq.-ft. open-air shopping and office destination. Retail space totals 276,000 sq. ft.

    Major tenants include the Regal 16-plex Stadium Seating Theater, Old Navy, Gap, Nova Southeastern University, Pier 1 Imports and LA Fitness.

     

  • CBRE-Grossman to lease Mohegan Sun in Palmer, Mass.

    Boston -- Finard Properties has appointed CBRE-Grossman Retail Advisors as the exclusive leasing agent for the retail, restaurant and entertainment component of the proposed Mohegan Sun Massachusetts destination resort casino in Palmer, Mass.

    The $1 billion project will feature two hotels, an aqua entertainment park, casino gaming and branded retail stores and restaurants.

  • W.P. Carey acquires H&M DC in Poland for $85 million

    New York -- Real estate investment trust W.P. Carey has acquired a Hennes & Mauritz logistics center in Poznan, Poland.

    W.P. Carey, through one of its affiliates, purchased the 896,911-sq.-ft. facility for $85 million.

    The center, which supplies all of H&M’s Eastern European stores as well as serves as its primary European e-commerce logistics hub, will be leased back to H&M.

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