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Real Estate

  • Pita Grill leases LaGuardia Place shop in Greenwich Village

    New York — Pita Grill has signed a 12-year lease for 2,700-sq. ft. in Greenwich Village at 496 LaGuardia Place between West Houston and Bleecker Streets. The space includes 1,350 sq. ft. on the ground floor and 1,350 sq. ft. on the lower level. The quick-service restaurant will be the chain’s ninth location since if first opened a few blocks away at West 4th Street in 1994.

  • Target to open store in Westwood, Mass.

    Minneapolis -- Target announced plans to open a store in Westwood, Mass., opening in March 2015.

    The 135,000-sq.-ft. store will be part of the new University Station development. It will be the 26th Target store in the Boston area.

  • SRS opens Toronto Office

    Dallas — SRS Real Estate Partners, in partnership with Cresa Toronto, has opened an office in Toronto, Canada. It is the company’s first Canadian office and second international location. Jamie Grossman, managing principal for Cresa Toronto will oversee the new office, while SRS has brought in Lindsay Ryder as first VP for SRS.

  • Bergdorf Goodman partners with Elad Group in NYC luxury condo development

    New York – Bergdorf Goodman is collaborating with Elad Group at the developer's newest luxury condominium project, 22 Central Park South. Under the partnership, the iconic Manhattan retailer has styled a model residence in the development with accessories, art work and bedding from its home floor.

  • Fuddruckers debuts in Europe

    Houston — Fuddruckers has opened its first restaurant in Europe — in Varese, Italy near Milan. The fast casual restaurant is the first of 10 planned by a new franchise partner, Vinum et Alia. Future sites being considered are in Italy, Poland and Switzerland.

    The design of the 5,000-sq.-ft., 120-seat restaurant references Fuddruckers’ classic roadhouse origins.

     

  • Delhaize Group to exit Bosnia & Herzegovinia

    Brussels, Belgium -- Delhaize Group has signed an agreement with Tropic Group B.V. to divest all of its 39 Bosnian & Herzegovinian stores. Tropic Group B.V. is an entrepreneurial organization founded by retail executive Bojan Risović.

    The transaction is expected to complete in third quarter 2014, subject to regulatory approval and working capital adjustments. Terms were not disclosed. Delhaize originally purchased the stores from Serbian retailer Delta Maxi in 2011.

  • Tanger and WS to partner on Cheshire, Conn., outlet center

    Chestnut Hill, Mass., and Greensboro, N.C. — Tanger Factory Outlet Centers and WS Development have announced plans to partner on the development of an upscale outlet center in Cheshire, Conn. The two companies will co-own the center, which is now in the pre-development stage.

    Located at the I-691 and Route 10 interchange, the site features visibility and convenience.

  • Casey’s to build new DC

    Ankeny, Iowa -- Casey’s General Stores plans to break ground on the company’s second distribution center in November 2014. The facility will be located in Terre Haute, Ind.

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