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Real Estate

  • Dave & Buster’s hires BJ’s VP to head up store development

    Dallas -- Dave & Buster's Inc. named John Mulleady as senior VP development, responsible for leading the company's expansion strategy into new and under-penetrated markets. He most recently served as VP real estate and construction at BJ's Wholesale Club.

    "Dave & Buster's has big plans for expansion, and we needed a leader with experience opening a large number of new stores. John's background in developing large-format brands makes him the ideal person to lead this charge,” said Steve King, CEO of Dave & Buster's.
     

  • Buffalo Wild Wings to open in Brick Township, N.J.

    Plymouth Meeting, Pa. -- Fameco Real Estate said that Buffalo Wild Wings has signed a 6,200-sq.-ft. lease at the Kennedy Mall in Brick Township, N.J.

    The AntSul Group, doing business as Buffalo Wild Wings in the region, currently has two locations open; one in North Brunswick and one in Bridgewater. The location at Kennedy Mall will be the group’s third and it is expected to open in late May.
     

  • Armani to debut first junior flagship in U.S.

    New York -- Prudential Douglas Elliman's Retail Group said it has orchestrated a long-term lease for the first Armani Junior standalone flagship in the United States at 1225 Madison Avenue, on the northeast corner at 88th Street in Manhattan.      

    Neighboring retailers along the corridor include Brooks Brothers, Ankasa, Jacadi, Rachel Riley, J.Crew, Buckhouse, Jack Rogers, Joie, Koos, Intimacy, Ann Crabtree, Rose Pope Maternity and The Shoe Box.

  • Talbots Q4 loss widens on higher charges, promotions

    Hingham, Mass. -- Talbots Inc.’s fourth-quarter loss widened to $53.2 million for the period ended Jan. 28, not as bad as analysts expected, compared to a loss  of $2.8 million in the year ago. Its results were pressured by restructuring and executive retirement costs, as well as increased mark-downs and promotions. The chain also forecast first-quarter revenue that missed analysts' expectations. Revenue for the quarter slipped 1% to $289.4 million from $292.6 million, but beat Wall Street's estimate of $267.9 million. Same-store sales were flat.

  • Sugar and Plumm to open second Manhattan location

    New York City -- Dallas-based SRS Real Estate Partners said that Sugar and Plumm - Purveyors of Yumm has leased 1,050 sq. ft. at the northwest corner of Bleecker and Cornelia Streets in the West Village area of Manhattan.

    Sugar and Plumm opened its first location last summer at Bergen Town Center in Paramus, N.J., and will open its first Manhattan location on the Upper West Side this spring. A third location is under development in Downtown Brooklyn.
     

  • HomeGoods to open store in Simsbury Commons

    Simsbury, Conn. -- Charter Realty & Development said it has leased 23,500 sq. ft. to HomeGoods in Simsbury, Conn.

    HomeGoods, a TJX banner, will be opening in Simsbury Commons Shopping Center in a former Borders location, joining Stop & Shop, Bed Bath & Beyond, Hoyt Cinema and Bob’s Store.

    The 256,497-sq.-ft. center is owned by Columbia, S.C.-based EDENS.

    Charter Realty & Development represents TJX Cos., including HomeGoods, T.J. Maxx and Marshalls, throughout the eastern half of the United States.

  • Lord & Taylor opens in Westchester, N.Y.

    New York -- Lord & Taylor has opened an 80,000-sq.-ft. store in Ridge Hill center, Westchester, N.Y.

    The store, which cost a reported $30 million to build, has a very contemporary look and spacious feel, with large Italian white tiles throughout.

  • Report: Retailers’ growth plans running 5% ahead of last year

    New York -- Retailers’ growth plans are running about 5% ahead of year-ago projections, according to ChainLinks Retail Advisors’ Spring 2012 Retailer and Restaurant Expansion Guide.

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