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Real Estate

  • 'Disneyland of supermarkets' to open another N.Y. store

    Popular Northeast grocer Stew Leonard's is planning to open a 70,000-sq.-ft. store in Long Island this year.

    Construction on the new store will start this summer with an anticipated opening date of mid-2017, the company said. Earlier this month, Stew Leonard’s opened its first Long Island store in Farmingdale’s Airport Plaza on Route 110.

    The family-owned and operated grocery chain was founded as a dairy store in 1969 in Norwalk, Conn.

  • American Dream mega-mall adds huge Primark store

    The American Dream mall will encompass three million square feet when it opens in northern New Jersey in 2017 and occupying 100,000 sq. ft. of that space will be fashion retailer Primark.

  • CBRE hires global executive of Retail Occupier, EMEA

    London -- CBRE Group Inc. has appointed Mark Burlton as Global Executive of its Retail Occupier team, EMEA. Burlton will lead the development of CBRE’s Retail Occupier business in Europe, as well as advising its European retail clients on expansion into the US and Asia, and international retailers into Europe.

    Burlton will be based in London and work closely with Peter Gold, head of cross border retail, EMEA and David Close, senior director, EMEA occupier cross border. He will also join CBRE’s Global Retail Executive Group.

  • Chef Christian Petroni to bring renowned Italian restaurant to Downtown Brooklyn

    Brooklyn, N.Y. -- Acadia Realty Trust and Washington Square Partners, co-developers of City Point, announced that Fortina, the Italian restaurant of chef, Christian Petroni, signed a 15-year, 4,612-sq. ft. lease, at the 1.8 million-sq. ft. mixed-use project in Downtown Brooklyn, New York.

  • X Team International expands into San Antonio with new partner

    San Antonio, Texas -- X Team International, an international alliance of retail real estate advisors with expertise in more than 45 major markets throughout the U.S. and Canada, announced that it has welcomed San Antonio-based REATA Real Estate as its newest partner.

  • DLC announces multiple promotions to kick off 2016

    Tarrytown, N.Y. -- DLC Management Corp. announced the promotions of key members including the promotion of Daniel Taub to president. The company recognizes that human capital is its most important asset when it comes to success, developing its people and promoting from within are core business practices.

  • Main Street Movies 5 to invest $3 million in full-scale renovation

    Newark, Del. -- Atlantic Realty Companies announced Main Street Movies 5 has signed an 18,000 sq. ft. lease at Newark Shopping Center in Newark, Delaware.

    Main Street will invest $3 million in a full-scale renovation of the existing theater space and expand into the adjacent space. Construction is set to begin in February with a grand opening in August.

  • Shops at Highland Village adds restaurant as property completes makeover

    Highland Village, Texas -- Trademark Property Corp., the operating partner for The Shops at Highland Village located in Highland Village, Texas, announced Torchy’s Tacos has signed a lease for 5,262 sq. ft. at the recently renovated shopping center. In addition, Runway Seven’s flagship store will relocate this spring to a larger space.

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