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Real Estate

  • Le Pain Quotidien leases Manhattan location

    New York — Le Pain Quotidien has leased a 3,100-sq.-ft. retail location at 1006 First Avenue, on the northeast corner of East 55th Street. A former Chase Bank location, the site offers 65 ft. of frontage set slightly above street level, allowing for excellent visibility and signage.

    Le Pain Quotidien, an organic bakery and communal table restaurant, has more than 200 locations on five continents.

  • Sold: Fishers Crossing in Fishers, Ind., for $4.1 million

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  • Mid-America brokers four leases across Illinios

    Oakbrook Terrace, Ill. — Mid-America Asset Management Inc. has announced four retail leases with retailers planning to open in the spring. Mid-America represented the landlord in each transaction.

    DSW has taken 11,833 sq. ft. in Oakland Place, a 155,730-sq.-ft. center in DeKalb, Ill. Michaels and T.J.Maxx anchor the center. A Super Target shadow anchors. Tartan Realty Group represented DSW.

  • Giant Eagle to take new concepts to Indianapolis

    Giant Eagle is making a push into Indiana with a Market District concept and GetGo, a convenience store, planned just outside of Indianapolis, according to published reports.

    According to reports, it will be the first Giant Eagle store in the state, and additional stores in the metro area might follow.

    “We are thrilled to bring our Market District and GetGo concepts to Carmel and greater Indianapolis,” Giant Eagle CEO Laura Karet said in a statement. “We are also actively evaluating opportunities for additional locations.”

  • CBRE acquires Greenville, S.C.-based affiliate

    Los Angeles — CBRE Group has acquired the commercial real estate brokerage, investment property sales and property management services business of The Furman Co. and certain of its affiliates. Those business lines have served as CBRE’s affiliate in South Carolina, and have operated under the banner of CBRE|Furman since 2010.

  • EDENS signs four at Park Road in Charlotte, N.C.

    Columbia, S.C. — EDENS has announced that four new local retailers and restaurants will open at Park Road Shopping Center in Charlotte, N.C., in the coming months.

    The newly announced additions include:

    • Cantina 1511, a Mexican eatery, plans to open toward the end of this summer.

    • Va Da Vie is a local gelato store scheduled to open in February.

    • LALA Girl, a locally owned beauty service makeup bar, plans to open this spring.

  • Combined names director of acquisitions

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  • Tanger Outlets to develop Savannah, Ga., center

    Greensboro, N.C. - Tanger Factory Outlet Centers Inc. plans to develop Tanger Outlets Savannah, in partnership with Georgia development firm Ben Carter Enterprises. Phase One will deliver approximately 400,000 sq. ft. of gross leasable space to the market and the center is expected to house more than 90 upscale brand name and designer outlet stores, with additional outparcel development opportunities.  

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