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Real Estate

  • Planet Fitness leases Paterson, N.J., lease

    Paterson, N.J. — Planet Fitness will open an 18,000-sq.-ft. facility at 100 Hamilton Plaza in Paterson, New Jersey, the facility will occupy the first-floor retail space in the 175,000-sq.-ft. downtown office tower.

    Cushman & Wakefield’s East Rutherford, N.J., office represented the building’s owner, Mountain Development Corp. in the transaction. Ripco Real Estate represented the Planet Fitness franchisee, who operates several other regional locations.

  • Kurt Webb is new GM at The Shops at Mission Viejo

    Mission Viejo, Calif. — The Shops at Mission Viejo, a Simon Property Group property in Mission Viejo, California, has welcomed Kurt Webb as the new general manager. Webb began working with the center in mid-April and recently relocated to the region. He came on full time as of June 1.

    Webb will be responsible for local leasing, tenant relations, building operations, security and marketing efforts. Additionally, he will act as a key liaison for various community and strategic organizations.

  • Casto completes Sawmill Square redevelopment

    Columbus, Ohio — Casto has completed the redevelopment of Sawmill Square shopping center in the Dublin/NW Columbus area of Central Ohio. The redevelopment included the opening of a new Wal-Mart Supercenter.

    The center has also added a McAlister’s Deli, the first in Central Ohio. McAlister will join other new tenants, Sally Beauty and GameStop, as well as the existing line-up of retailers including Z Salon, The UPS Store, Thai Orchid, Huntington Bank, Skyline Chili, Burger King, Goodyear and PNC.


     

     

  • Alibaba to list on New York Stock Exchange

    New York -- China's Alibaba Group Holdings plans to list its shares on the New York Stock Exchange, Bloomberg reported. In a filing on Thursday, the company revealed it will use the ticket "BABA."

    Alibaba filed for its IPO in May. The online giant is looking to sell about a 12% stake, the report said. Experts have said it could be the largest U.S. IPO ever.

  • RH New York, The Gallery opens in NYC's Flatiron District

    New York -- Restoration Hardware’s RH New York, The Gallery, located at 935 Broadway in New York’s Flatiron District, is open for business.

    With three floors and 30,000 gross sq. ft., the newly expanded gallery is three times its previous size, featuring a dramatic antique mirror-lined grand staircase with custom-designed iron handrails inspired by the late Venetian architect Carlo Scarpa.

  • Target’s 124 stores in Canada all receive LEED certification

    MISSISSAUGA, Ontario -- Target announced that all 124 store locations it has opened across Canada in 2013 have been awarded Leadership in Energy & Environmental Design (LEED) certification.

  • Furniture retailer Lazzoni opens Manhattan flagship; plans to expand

    New York -- Lazzoni, the international maker of sleek, contemporary furniture, has opened a flagship in Manhattan's SoHo neighborhood.

    Highlights of the collection include beds with hidden storage compartments and sofas with easily adjustable backs that can be converted into beds. Perfect for any New York City apartment, the collection at 26 Greene Street provides maximum quality, flexibility and style at moderate prices. A launch party is slated for the 5,700-sq.-ft. space in September.

  • Dita’s leases Manhattan flagship location

    New York — Handcrafted eyewear retailer, Dita, has leased a 1,300-sq.-ft. store at 273 Lafayette Street in SoHo. It will be Dita’s first Manhattan locations and its New York flagship. RKF represented Dita in the transaction, while The Lansco Corp. acted on behalf of the landlord, 157 Prince Street Associates.

  • LPGA event a cause for donations

    While Walmart and the Walton family were taking heat, again, on the national stage over worker pay and alleged stinginess, it was a different situation in Northwest Arkansas where generosity was in plain view.

    The Walmart NW Arkansas Championship presented by P&G is underway at the Pinnacle Country Club and as has been the case in years past the LPGA golf tournament is accompanied by numerous charitable donations.

  • Restoration Hardware unveils RH New York, The Gallery

    Restoration Hardware’s RH New York, The Gallery in New York’s Flatiron District is open for business. The 19th-century building is located at 935 Broadway.

    With three floors and 30,000 gross sq. ft., the newly expanded gallery is three times its previous size, featuring a dramatic antique mirror-lined grand staircase with custom-designed iron handrails inspired by the late Venetian architect Carlo Scarpa.

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