Real Estate

New York City -- Winick Realty Group LLC said that jewelry and accessory retailer Laila Rowe has leased its first downtown Manhattan location at 99 Wall Street, between Front Street and Water Street.

Laila Rowe currently has 17 retail stores on the East Coast.

The 520-sq.-ft. space is on the ground floor and includes a partial basement.

Mechanicsville, Va. -- Sleepy’s the Mattress Professionals has opened a new, 8,720-sq.-ft. store at Hanover Square, located in Mechanicsville, Va.

The shopping center is owned by Centro Properties Group, based in New York City.

Beachwood, Ohio -- Developers Diversified Realty Corp. announced a new gift-card partnership with MasterCard Worldwide in Puerto Rico.

The MasterCard program, called the Isla Plus Card, represents an extension of a significant, long-term partnership between the two companies in Puerto Rico. The Isla Plus Card is designed to promote even greater acceptance among merchants and consumers, and provide the flexibility consumers demand in gift-card programs.

Princeton, N.J. -- NAI Global said it has named Art Carll as senior VP for the commercial real estate firm.

Carll previously served as the executive managing director of NAI Las Vegas and regional manager for the Western Region for NAI Global.

Carll will be focused on business development and service delivery with NAI Global’s Special Asset Solutions and Corporate Solutions groups in the West, as well as supporting NAI members throughout the Western region.

New York City -- TF Cornerstone announced that it has inked a 10-year lease for approximately 3,500 sq. ft. with Brother Jimmy’s BBQ.

The company will be headquartered at 521 West Street at 95 Horatio Street, using the space to house the company’s corporate offices, commissary and catering facility.

Dallas -- J.C. Penney on Monday unveiled a restructuring plan, which includes close five department stores and one home store, because they are no longer profitable enough. The retailer named William Ackman to its board after the activist investor became its biggest shareholder

San Jose, Calif. -- Grubb & Ellis Co. announced that Robert Cook has joined the company as senior VP corporate services, based in the company’s San Jose office. 

Las Vegas -- Jacksonville, Fla.-based Regency Centers said it has leased 3,000 sq. ft. of retail space in Las Vegas, at Centennial Crossroads Plaza to Sprint.

The store is slated to open in June.

The 105,414-sq.-ft. shopping center is anchored by a 55,256-sq.-ft. Vons.