Real Estate

Upscale kitchen, bath and outdoor appliance retailer Pirch has opened its largest location to date, a three-floor, 32,000-sq.-ft. flagship in an historic, former ironworks building in Manhattan’s SoHo neighborhood.     

Pottery Barn unveiled a revamped interior at its newly designed store at The Village at Corte Madera, in Corte Madera, California.   Inspired by a modern farmhouse, the 12,288-sq.-ft. location features dramatic high ceilings with exposed wood beams, a skylight in the center of the space, and 11-foot high steel framed doors that open to an outside seating area at the front of the store.  

Racine, Wisconsin’s planning commission has overturned the local Regency Mall’s policy to suit the signage requirements of new retailers there, according to a report in The Journal Times.   When J.C. Penney closed its doors at the CBL & Associates-owned mall, the vacant space was favorably distributed among three new tenants. All three, however, had issues with the space allotment for their signs.   

Dick’s Sporting Goods was the victor on Thursday at the bankruptcy auction for former rival Sports Authority Holdings.    Dick’s bid $15 million for the brand name and other intellectual property, beating British-based Sports Direct International PLC’s $13 million bid, according to the Wall Street Journal.      Dick’s also had the winning bid at the auction for 31 Sports Authority store leases, for an additional $8 million, the report said.  

A job fair held in New York this week attracted veterans and their family members looking to fill retail positions at the Westfield World Trade Center mall set to open in August. Some 5,000 attended to apply for some 10,000 positions expected to open there and at Fulton Center in the two months.  

The Enclave Shops at Coral Ridge outside of Fort Lauderdale is complete and its Fresh Market anchor has opened its doors. Its developer, Stiles, partnered with local businessman Phil Smith to build the surrounding residential community, The Enclave at Coral Ridge Country Club.   The Fresh Market has been a draw to other prospective retail tenants at the 27,300-sq.-ft. center, according to Stiles VP of realty Mike Carpenter.    

New Century Commons, a shopping center in Delray Beach, Florida, has been purchased by Menin Development for $33 million, according to a report in the Sun Sentinel.

Seller of the 84,551-sq.-ft. center was Linton 510 LLC, which faced uncertainty over the future of one of its anchors, Sports Authority, which filed for bankruptcy in March. Questions about cash flow going forward complicated the closing of the sale, though a Menin spokesman told the South Florida newspaper that several retailers have inquired about the Sports Authority space.

Toms Shoes is expanding its fledgling store portfolio, and will open a location at Mall of America, Bloomington, Minnesota, in time for holiday shoppers.   Founded in 2006, Toms matches every shoe purchase with a donation to a child in need, and gives glasses, medical treatment and/or sight-saving surgery with each purchase of eyewear.