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Real Estate

  • Advance Auto Parts exec rejoins JLL

    Companies of all sizes, and increasingly retailers, are implementing integrated portfolio management solutions to make smarter real estate decisions and solve their business challenges.

    To better support retailers with their real estate portfolios, JLL announced that it has welcomed back Geno Coradini to the firm as executive VP, retail integrated portfolio services lead. He will be responsible for working with our retail tenant representative brokers nationally to support JLL’s retailer client base.

  • Macy's names REIT expert to board amid pressure to sell off real estate

    Macy's has added an expert in real estate investments its board as the department store retailer remains under pressure from an activist investor to spin off some of its real estate into a real estate investment trust.

  • High-profile brand taps into activewear craze with dedicated store

    Stores devoted to women’s activewear (or athleisure) are one of the fastest- growing segments in retailing and now Tory Burch has joined the crowd. The company has opened Tory Sport in the Flatiron District of Manhattan. The store features the entire Tory Sport collection, which ranges from running gear to golf clothing, reported NY Racked, and has a decor inspired by different elements of sports. [NY Racked]

  • Hot Canadian brand signs lease for first U.S. store

    A popular goose has found a nest in Manhattan’s SoHo neighborhood.

    Canada Goose, best known for its signature goose-down jacket with Arctic Circle logo and fur-trimmed hood, has signed a lease for an approximate 4,400-sq.-ft. store on Wooster Street, The Real Deal reported. The asking rent for the space, according to the Real Deal, was $550 a foot.

  • Ross Dress for Less expands in Keystone state

    Ross Dress for Less opened a new store in Jenkintown, Pennsylvania, on March 5.

    The 26,000-sq.-ft. store is located in the Noble Town Center, 15 miles north of downtown Philadelphia, at the northeast corner of Old York Road and The Fairway.

    The opening is part of the retailer’s 2016 expansion program, totaling about 70 new locations during the year.

  • Mattress Firm names company veteran CEO

    The integration of a major acquisition and the accelerated closure of non-performing stores top the list of priorities awaiting Ken Murphy as he assumes leadership of the nation’s largest bedding retailer.

  • Report: Urban Outfitters going bigger with Anthropologie

    Urban Outfitters is going against the smaller-is-better footprint trend and experimenting with larger-sized stores for its Anthropologie brand.

    The retailer is testing four “ultimate experience” Anthropologie stores, ranging in size from 20,000 sq. ft. to 30,000 sq. ft., Women’s Wear Daily reported.

  • CBRE leads global commercial property investment sales activity

    Los Angeles -- CBRE Group for the fifth consecutive year was the top-ranked firm for commercial real estate investment sales throughout the world during 2015, according to Real Capital Analytics (RCA). CBRE has achieved the number one position in each of the five years that RCA has published global rankings.

    Real Capital Analytics credited CBRE with 21.9% of market share across all property types, office, industrial, retail, apartment and development sites, in 2015 on a global basis.

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