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Real Estate

  • Dish Network’s bid for Blockbuster gets OK

    New York City -- Blockbuster says a bankruptcy judge has approved Dish Network's $228 million offer for the chain, paving the way for a combination of the two companies.

    Dish won an auction for Blockbuster's assets earlier this week. Judge Burton R. Lifland of the U.S. Bankruptcy Court of the Southern District of New York approved the bid on Thursday.

    According to Dish, the deal is expected to close in the second quarter.

  • A Uniqlo opportunity in NYC

    NEW YORK -- Uniqlo, a subsidiary brand of Japan-based Fast Retailing Co., announced that it will open its third New York City location at 31 West 34th Street this fall. The 34th Street store is set to open late in the fall of 2011, following the opening of the company's largest flagshop store on Fifth Avenue in early fall. Uniqlo operates a store in NYC's trendy SoHo neighborhood.


    In conjunction with the news of its NYC expansion, Uniqlo announced plans to hire 1,000 retail associates and 100 supervisors from the local tri-state area.

  • Uniqlo to open third New York City store

    New York City -- Japanese apparel retailer Uniqlo said Thursday it will open its third New York City location.

    The new store, on 34th Street, set to open this fall, following the opening of the chain’s largest flagship location on Fifth Avenue earlier in the fall. Both stores will join the current Uniqlo location in Manhattan’s Soho district.
     

  • Wingstop to add 20 locations in Atlanta market

    Richardson, Texas -- Wingstop has announced plans to aggressively expand its presence in the Atlanta area. The fast-growing national chicken wing chain plans to add 20 additional locations in Atlanta over the next several years.

    The expansion effort begins with an Atlanta open house April 20-21 where franchise candidates will have an opportunity to learn about Wingstop's plans and meet one-on-one with company executives.

    Wingstop has 480 locations throughout the United States and Mexico.

  • Forever 21 to open big in Miami Beach

    New York City -- Fast-fashion retailer Forever 21 will open a three-level, 39,000-sq.-ft. store in Miami Beach, Fla., Women’s Wear Daily reported.

    The store, scheduled to open this fall, will be located on Lincoln Road. Also heading to Lincoln Road is H&M, which plans to open a 22,000 sq. ft. in the pedestrian mall.
     

  • Aaron’s partners with Buxton for expansion strategy

    Fort Worth, Texas -- Aaron’s has formed a partnership with Buxton, a customer analytics firm, to assist with the retailer’s market expansion and analytics strategy.

  • Modell’s to open smaller concept store at Interstate Shopping Center

    Ramsey, N.J. -- Welco Realty, an X Team partner, announced that it has signed a lease with Modell’s Sporting Goods for its new smaller-concept store, the retailer’s first in New Jersey.

    The store is approximately 8,551 sq. ft., about half its standard size. Modell’s first small-format store opened on Amsterdam Avenue in Manhattan.
     

  • New leases signed at Hills Village Center

    Bedminster, N.J. -- North Plainfield, N.J.-based Levin Management Corp. said that Great Clips has opened a 960-sq.-ft. salon, and Hand and Stone Massage and Facial Spa (2,317 sq. ft.) along with eateries Panchero's (2,500 sq. ft.) and Subway (1,240 sq. ft.) will all open shortly at The Hills Village Center, in Bedminster, N.J.

  • The Wilder Cos. awarded contract for Wayside Commons

    Boston -- The Wilder Cos. said it has been awarded the leasing and management contract for Wayside Commons, an open-air shopping center in Burlington, Mass.

    The contract was awarded by UBS Realty Investors of Hartford, Conn.

    Wayside Commons is a 195,100-sq.-ft. outdoor center home to one of only three full-line, 30,000-sq.-ft. signature L.L. Bean stores in Massachusetts as well as a mix of retailers including Arhaus Furniture, Coldwater Creek, Eileen Fisher Company Store, Stellabella Toys and Capital Grille.

  • Payless opens at Sky View Center

    Flushing, N.Y. -- Onex Real Estate Partners said that Payless ShoeSource has opened a new store at Sky View Center, the 800,000-sq.-ft shopping center located below Sky View Parc, Queens’ new mixed-used residential development.

    The new 4,200-sq.-ft. Payless location, on level D of the Center, officially opens on April 9.

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