Real Estate

The story of Houston, Texas has added some exciting new chapters in recent years. With low unemployment, a booming economy and one of the fastest-growing populations of any city in the nation, Houston’s rise alongside some of the most prominent cities in the nation continues unabated. Trailing only New York, Los Angeles, and Chicago in size, Houston’s growing influence as a cultural and financial icon has made it a player on the national and international stage.

Boston -- Wayfair filed its paperwork with the U.S. Securities and Exchange Commission on Friday to raise as much as $350 million on the public market.

The Boston-based online homegoods retailer posted a loss last year of $15.5 million, and the loss was $51.4 million in the last six months. Goldman Sachs, Bank of America Merrill Lynch, and Citigroup are leading up the underwriting for the IPO, along with Allen & Co., Pacific Crest Securities, Piper Jaffray, Wells Fargo Securities, Canaccord Genuity, Cowen and Co., and Raymond James.

Eatontown, N.J. -- Vietnamese noodle restaurant Pho 99 and nail salon Affinity Nails & Spa have leased a combined 7,700 sq. ft. of space at Eatontown Plaza in Eatontown, New Jersey, announced Levin Management, exclusive leasing agent for the 30,000-sq.-ft. center.

The lease signing brings Eatontown Plaza to 100% occupancy.

Kansas City, Kansas -- Designer outlet center Legends Outlets Kansas City announced that SweetFrog, a premium frozen yogurt chain based in Richmond, Virginia, has officially opened its first area location. The newest store is part of an expansion plan that adds to an existing 325-plus locations in the United States and abroad.

East Rutherford, N.J. -- Cushman & Wakefield’s retail team in New Jersey has taken on three new leasing assignments, with projects spanning the Northern New Jersey market, in Morris, Essex and Hudson counties.

New York -- Fred Segal will open The Fred Segal Collective, a multi-store retail experience, at SLS Las Vegas as part of the hotel’s opening on Aug. 23. In an unusual move, the brand will occupy all of the retail space in the resort.

The Collective will be integrated throughout the entire SLS experience, creating shopping opportunities from the pool to the casino and dining areas. It will encompass nearly 10,000 sq. ft., with seven individual stores, including She, He, Jeans, Shoes, Jewels, Play and Goods.
 

McLean, Va. --  Rappaport has signed three new 7-Eleven deals in the Washington, D.C., area totaling 9,471 sq. ft. of retail space. 7-Eleven will open new locations inside The Shops of Avondale in Washington D.C., 2001 Clarendon Boulevard in Arlington, Virginia, and 6138 Kings Highway in Alexandria, Virginia.
     

Phoenix -- X Team International partner Velocity Retail Group has completed a lease with At Home for a 104,967-sq.-ft. store in Tempe, Arizona. The new At Home concept is owned and operated by home décor retailer Garden Ridge.
     
A décor superstore that provides selections of patio furniture, wall décor, and decorative accents, rugs and housewares, At Home recently opened at Arizona Mills, a Simon shopping center located at the northeast corner of Baseline Road and Interstate 10.

Herndon, Va. -- Salon Plaza has leased a 7,659-sq.-ft. endcap space next to McAlister’s Deli at Worldgate Centre in Herndon and plans to open in fall 2014. This will be the salon chain’s 21st location nationwide.

Kristin Perry of Rappaport represented the landlord in the transaction. Worldgate Centre features an AMC Theatre and fitness club Sport and Health. Co-tenants include TGI Friday’s, Starbucks, Tara Thai, FedEx Kinkos, Vocelli Pizza and Cold Stone Creamery.

 

Gainesville, Fla. -- Hip hotel brand Hotel Indigo has inked a deal to open a 120-room boutique property at mixed-use project Celebration Pointe, in Gainesville, Florida. The InterContinental Hotel Group’s banner will bring boutique style to a neighborhood that has garnered attention for its urban style, featuring a pedestrian-friendly atmosphere, inspired architectural features and abundant green space.