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Real Estate

  • Levin names VP, CFO

    North Plainfield, N.J. -- Levin Management Corp. said that Timothy G. DeCola has been named VP and CFO of the company, replacing the retired Harold Harris.

    DeCola joins Levin from Pettinaro Construction Co., where he served as CFO. He will be responsible for all aspects of corporate finance and risk management at Levin for company-owned and managed properties as well as for real estate tax and financing reviews.

     

  • Ross to open at Governor’s Square Mall

    Clarksville, Tenn. -- Youngstown, Ohio-based Cafaro Co. said that Ross Dress for Less will open a new store at Governor’s Square Mall, its first in the Clarksville, Tenn., area.

    When it opens in the summer of 2013, the new store will occupy more than 31,000 sq. ft. next to Dick’s Sporting Goods.

    Governor’s Square Mall comprises over one million sq. ft. of retail space and is anchored by Dillards, Belk, Sears, J.C. Penney, Dick’s Sporting Goods, Target, and Cinema Ten.

     

  • Cole Real Estate executes 1.7 million sq. ft. in retail leases in 2012

    Phoenix -- Cole Real Estate Investments announced it executed leases totaling 1,658,000 sq. ft. at Cole-related properties throughout 2012.  

    The transactions included 390,000 sq. ft. of new leases and 1,268,000 sq. ft. of lease renewals, bringing Cole’s multi-tenant retail property occupancy rate to 97.7%.

  • Kohl’s and Whole Food Market to open at Southwind Plaza

    Hyannis, Mass. -- Boston-based The Wilder Cos. said Tuesday that, as part of its major remerchandising of Southwind Plaza shopping center in Hyannis, Mass., Kohl’s and Whole Foods Market will be opening new stores at the Cape Cod property.

    Kohl’s will begin construction of a nearly 55,000-sq.-ft. space in February with an opening planned for early October.  

    Also joining the center with its first Cape location is Whole Foods Market, which will open a 26,000-sq.-ft. store in early 2014.
         

  • CHUCKiES expands with new location on Upper East Side

    New York -- RKF said WeNew York -- RKF said Wednesday it has arranged a 1,200-sq.-ft. lease with shoe retailer CHUCKiES at 1052 Lexington Avenue on Manhattan’s Upper East Side.

    This will become CHUCKiES’ third location in Manhattan, all on the Upper East Side. The new store will sit between 74th and 75th Streets along the western side of Lexington Avenue.
     
    The new CHUCKiES will occupy 800 sq. ft. on ground floor of the building, as well as 400 sq. ft. of space in the basement.

  • SRS Real Estate negotiates two Miller’s Ale House leases

    New York -- SRS Real Estate Partners said Wednesday it has negotiated two leases on behalf of Miller’s Ale House. The first transaction is a ground lease located on 1.5 acres of land off of the Pennsylvania Turnpike in Willow Grove, Pa. The second lease is 9,200 sq. ft. located at the Bergen Towne Center in Paramus, N.J.

    Miller’s Ale House is a 60-unit restaurant chain headquartered in Jupiter, Fla.

     

  • Dunkin’ Donuts in agreement to open in Vietnam

    Canton, Mass. -- Dunkin’ Donuts has signed a franchise agreement with Vietnam Food and Beverage Co. Ltd. for the development of Dunkin' Donuts restaurants across the country over the next several years, with the first locations planned for the Ho Chi Minh city area.
      
    “We are excited to partner with Vietnam Food and Beverage Co. Ltd., which has a deep knowledge of the Vietnamese consumer, to open the first Dunkin' Donuts restaurants in Vietnam,” said Giorgio Minardi, president, Dunkin' Brands International.”

  • Abercrombie looks to convert former Beatles’ headquarters to store

    New York -- Abercrombie & Fitch wants to turn the building that once housed the Beatles’ Apple Records into one of its namesake children’s stores, Bloomberg News reported.  

    The building is where the famed singing group performed together for the last time, in 1969. The performance, which occurred on the roof, was filmed for the movie “Let It Be.” The Westminster borough council is due to vote on the proposal next week.

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