Real Estate

NEW YORK — Limited access to healthy, affordable food choices, is an oft-cited reason for poor food habits among the nation's less fortunate. In order to address this issue, hunger relief organization Philabundance has teamed up with retail design consultancy CBX to create a prototype for a not-for-profit grocery store.

New York -- Abercrombie & Fitch wants to turn the building that once housed the Beatles’ Apple Records into one of its namesake children’s stores, Bloomberg News reported.  

The building is where the famed singing group performed together for the last time, in 1969. The performance, which occurred on the roof, was filmed for the movie “Let It Be.” The Westminster borough council is due to vote on the proposal next week.

Sunrise, Fla. -- Ikea on Wednesday officially plugged-in the solar energy system installed at its store in City of Sunrise, Fla. It is the largest solar installation in South Florida and, when combined with Ikea projects already completed atop stores in Orlando and Tampa, will make Ikea the state’s largest non-utility solar owner. 

Miami -- Swire Properties and Bal Harbour Shops announced Wednesday they have agreed to an equity partnership to jointly develop the retail component of Brickell City Centre, currently under construction in the Brickell financial district of downtown Miami.

The 2.9 million-sq.-ft. Brickell City Centre will include 500,000 sq. ft. of high-end retail along with condominiums and hotel slated for completion in latter 2015.
 

New York -- SRS Real Estate Partners said Wednesday it has negotiated two leases on behalf of Miller’s Ale House. The first transaction is a ground lease located on 1.5 acres of land off of the Pennsylvania Turnpike in Willow Grove, Pa. The second lease is 9,200 sq. ft. located at the Bergen Towne Center in Paramus, N.J.

Miller’s Ale House is a 60-unit restaurant chain headquartered in Jupiter, Fla.

Aurora, Colo. -- Brixmor Property Group announced Wednesday a 28,000-sq.-ft. lease was executed with Books-A-Million at Arapahoe Crossings, located in Aurora, Colo., a suburb of Denver.

Brixmor, based in New York City, is the owner of Arapahoe Crossings.

New York -- Cushman & Wakefield said Wednesday it represented Zero Halliburton Luggage in a lease for 3,900 sq. ft. of ground-floor retail space at 300 Madison Avenue.

Zero Halliburton leased the space for a 10-year term at the 35-story Midtown East skyscraper, which is located at the southwest corner of 42nd Street and Madison Avenue. The 1.1 million-sq.-ft. office property is owned by CIBC/Brookfield Properties.

New York -- RKF said WeNew York -- RKF said Wednesday it has arranged a 1,200-sq.-ft. lease with shoe retailer CHUCKiES at 1052 Lexington Avenue on Manhattan’s Upper East Side.

This will become CHUCKiES’ third location in Manhattan, all on the Upper East Side. The new store will sit between 74th and 75th Streets along the western side of Lexington Avenue.
 
The new CHUCKiES will occupy 800 sq. ft. on ground floor of the building, as well as 400 sq. ft. of space in the basement.

Corpus Christi, Texas -- Brixmor Property Group announced Wednesday that a 12,420-sq.-ft. Petco recently opened at Five Points, located in Corpus Christi, Texas.

Brixmor, based in New York City, is the owner of Five Points.

Miami -- Jones Lang LaSalle’s Capital Markets experts announced Tuesday the firm has closed the sale of Miracle Marketplace in Miami on behalf of AWE Talisman.  

Heitman purchased the power center, which is located in the Coral Way submarket. The 243,047-sq.-ft., seven-story Class A vertical retail property is located along the Miracle Mile/Coral Way and is anchored by Nordstrom Rack, Ben Bath & Beyond, Marshalls, LA Fitness, PetSmart, DSW Shoe Warehouse and Ulta.