Real Estate

New York City -- Robert K. Futterman & Associates said it has been retained as the exclusive retail leasing agent for the Manhattan franchisee of Elevation Burger, which controls the chain’s locations south of 50th Street and is currently the only Manhattan franchisee. 

Earlier this year, RKF represented the burger chain’s franchisee in the leasing of its Manhattan flagship location at 103 West 14th Street between Sixth and Seventh Avenues. It is scheduled to open in December.

College Station, Texas -- Hobby Town USA recently opened a new 2,480-sq.-ft. store at Central Station, located in College Station, Texas.

Central Station is owned by New York City-based Centro Properties Group.

Dallas -- SRS Real Estate Partners announced it has appointed Stan Heller as executive VP of its lease administration service line.

In his new role, Heller will focus on helping the lease restructure and renewal team in lowering client occupancy costs, as well as pursuing new business for the company. The addition of Heller comes on the heels of a strategic move to grow the company’s lease administrative presence in the industry.

Phoenix -- Grubb & Ellis Co. announced that Robert P. Stephens has joined the company as VP Industrial Group.

Specializing in the representation of industrial tenants and landlords, Stephens joined Grubb & Ellis from Cushman & Wakefield.

Houston -- Houston-based commercial real estate brokerage Baker Katz, an X Team partner, announced that it has acquired a former Hollywood Video building at Grogan’s Mill and Sawdust in The Woodlands, Texas. 

As part of an investment fund dedicated to real estate development, acquisition and ownership, Baker Katz purchased the 7,500-sq.-ft. building that is located near the area’s newest Wal-Mart Supercenter in The Woodlands, and plans to renovate and expand the building, subdivide it and re-lease the new spaces to individual tenants.

Orange County, Calif. -- The District at Tustin Legacy, a 1 million-sq.-ft. lifestyle and entertainment center located in Orange County, Calif., has been awarded the 2010 CalRecycle Waste Reduction Award for being a regional leader in recycling and waste reduction. 

Apollo Beach, Fla. -- Tampa, Fla.-based RMC Property Management Group announced that Dollar Tree will open a new 9,500-sq.-ft. store at Summerfield Crossing Plaza, located in Apollo Beach, Fla.

The Dollar Tree Store will be constructed adjacent to a new 80,000-sq.-ft. Bealls department store.

Dollar Tree is slated to open April 2011.

New York City -- Hollister, the Southern California-themed brand from Abercrombie & Fitch, has opened its doors on Fifth Avenue in Manhattan. The 15,000-sq.-ft., two-level flagship boasts a double-height glass storefront that is covered with video screens showing a live feed of the surf back in Huntington Beach, Calif. It’s a striking effect that has passers-by lined up neck to neck.

Cleveland -- Lord & Taylor and Forest City Enterprises on Friday announced that Lord & Taylor will open a new, 80,000-sq.-ft. store to anchor Westchester's Ridge Hill, Forest City's outdoor retail/mixed-use development, currently under construction in Yonkers, N.Y. This will be the first new, full-line Lord & Taylor to open since 2001.

The new location will showcase the retailer's latest store design and will offer a mix of the best fashion, accessories, beauty and fragrance brands, as well as gifts and home accessories.

Raleigh, N.C. -- Charlotte, N.C.-based Crosland announced that several new tenants will open at The Shoppes at Oberlin Court mixed-use development in Raleigh, N.C.

Gigi's Cupcakes is slated to open a 1,579-sq.-ft. location in December, Edible Arrangements will open a 1,300-sq.-ft. store, also in December, and Oberlin Nails & Spa has opened a 1,198-sq.-ft. salon.