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Real Estate

  • Charter Realty named retail leasing broker for Storrs Center

    Mansfield, Conn. -- LeylandAlliance, master developer for Storrs Center, announced that Charter Realty & Development Corp. has been named the exclusive retail leasing broker for Storrs Center.

    Storrs Center is a $220 million, mixed-use town center and Main Street project located in Storrs, Conn. The public-private partnership is being developed in cooperation with LeylandAlliance, the Mansfield Downtown Partnership, and Education Realty Trust.

  • Lack’s retains DJM Realty to dispose of all retail and warehouse locations

    Victoria, Texas -- Lack Properties and Lack’s Stores said Thursday it has hired Melville, N.Y.-based DJM Realty, a Gordon Bros. Group company, to manage the disposition of all leased and owned retailer and warehouse facilities throughout Texas.

    Lack’s is an independently owned retail home furnishings chain operating as Lack’s and Lacks Home Furnishings.

  • Uniqlo may open 200 stores in the U.S. by 2020

    Yamaguchi City, Japan -- Fast Retailing Co. said Friday it aims to open at least 200 Uniqlo stores in the U.S. by 2020.

    Asia’s largest clothing chain said it seeks to raise sales sixfold in a decade.

    “The United States is one of the most important markets for us,” Shin Odake, CEO of Uniqlo’s U.S. unit, said in an interview with Bloomberg Television. “We want to become the number one retailer in the world.”

  • SRS names new brokers

    Dallas -- SRS Real Estate Partners announced that it has hired two new brokers in its Houston office.

    Jennifer Paulson and Carter Malone recently joined the company as associates. The new hires come on the heels of a strategic move to grow the company’s local presence in Houston.
     

  • Children’s Place taps Rhys Commercial for Connecticut expansion

    Stamford, Conn. -- Rhys Commercial announced that The Children’s Place has retained it to handle the retailer’s expansion across Connecticut.

    According to RHYS, which is actively seeking out locations in densely populated and well-trafficked markets throughout the state, The Children’s Place generally requires between 4,000 and 4,500 sq. ft. of space. The retailer is looking to open new stores in potential infill markets.

  • Marshalls opens at Springdale Mall

    Mobile, Ala. -- Centro Properties Group announced that Marshalls has opened a 26,000-sq.-ft. store at Springdale Mall, located in Mobile, Ala.

    New York City-based Centro Properties Group is the owner of Springdale Mall.

  • Elite Game Speed opens in South Tampa

    Tampa, Fla. -- Tampa, Fla.-based RMC Property Management Group announced that athlete training facility Elite Game Speed has opened a 9,000-sq.-ft. facility in South Tampa, Fla.

    The space was previously occupied by Creative Loafing, and its new use as a state-of-the-art training facility for amateur and professional athletes by Elite Game Speed will serve as the largest indoor training facility of its kind in Tampa. The facility opened on Nov. 30.

  • Grubb & Ellis bolsters lease administration capabilities

    Santa Ana, Calif. -- Grubb & Ellis Co. announced that Susan E. Calvert and Joe I. Munoz have joined the company’s Lease Administration group.

    Calvert, who joins as manager, Lease Administration, spent two years as a real estate administrator with SRS Real Estate Partners, where she was responsible for commercial portfolios spanning approximately 350 locations. Munoz, who will also serve on the lease administration team, spent seven years with SRS Real Estate Partners, ultimately rising to the position of lead real estate administrator. 

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