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Real Estate

  • Levin adds two New Jersey shopping center assignments

    Edison and Eatontown, N.J. — Levin Management has added two new shopping center assignments — on behalf of two new clients — to its portfolio.

  • Study: Dunkin’ Donuts, Subway are largest chains in New York City

    New York -- Dunkin’ Donuts is the chain with the most locations in New York City, operating 515 stores across the five boroughs, according to The Center for an Urban Future’s sixth annual “State of the Chains” study. Subway is the second largest national retailer in the city with 467 locations. Rounding out the top ten are: Duane Reade/Walgreens (with 318 stores), Starbucks (283), MetroPCS (261), McDonalds (240), Baskin Robbins (202), Rite Aid (190), T-Mobile (161) and GNC (138).

  • Natural Grocers opens Texas store Dec. 5

    Denver -- Natural Grocers by Vitamin Cottage is announcing the grand opening of its newest Texas location in the new Town Square Shopping Center in Wichita Falls. The store opens for business on Dec. 5.

    "We invite the Wichita Falls community to come in see what we're about," said Kemper Isely, Natural Grocers co-president. “While they are here, shoppers can also pick up some practical ideas for healthy eating during one of our free cooking demonstrations, or take part in a free nutritional education seminar."

  • Gold’s Gym expands in Southern California

    Montclair, Calif. — Gold’s Gym has announced the opening of a location in the newly remodeled Montclair Plaza in Montclair, Calif. The new location will join 11 existing Gold’s Gym Southern California franchise locations. Slated to open April 1, 2014, the 40,000-sq.-ft. facility will feature GGX group exercise offerings, cardio equipment with iPod docking stations, a steam room, Cardio Cinema, towel service, an indoor pool, Jacuzzi and more.

    Other recent arrivals at Montclair Plaza include Mina Shoes, Fly and Xtreme.

     

  • Nordstrom Rack to open in Thousand Oaks, Calif.

    Seattle -- Nordstrom announced plans to further expand its Los Angeles-area presence with the addition of a Nordstrom Rack at Janss Marketplace in Thousand Oaks, Calif.

    The approximately 40,000-sq.-ft. store is scheduled to open in fall 2015. The Rack location at Janss Marketplace is a development by Seritage Realty Trust, a division of Sears Holdings Corporation.

    Nordstrom has operated a full-line store approximately one mile from the new Rack location at The Oaks since 2008.

  • Safeway sells 11 Dominick’s stores to Roundy’s

    Pleasanton, Calif. -- Safeway Inc. announced it has reached a definitive agreement to sell 11 of its Dominick's stores in the Chicago metropolitan area in a cash and lease assumption transaction to Roundy's, Inc. Roundy's will take possession of the stores during a transition period that will take place over the next two months.

  • West Elm opens U.K. store Dec. 5

    San Francisco – West Elm is scheduled to open the company's first U.K. store in London on Dec. 5. The 12,000-sq.-ft. store will feature furniture, textiles, accessories and gifts, as well as a West Elm Market shop-in-shop and coffee shop. The store will employ 30 full- and part-time sales associates.

    The London store will include a Local Gallery Wall featuring art from U.K. artists sourced through Etsy, the online marketplace for handmade or vintage items. The wall is curated by Will Taylor of the blog Bright.Bazaar.

  • Project Profile: Queens Place

    Location: 8801 Queens Blvd., Forest Hills, N.Y.

    Size: 445,000 sq. ft.

    Developer: Forest City Ratner Cos.

    Major tenants: Target, Best Buy, Macy’s Furniture, DSW, Skechers, Outback Steakhouse, Red Lobster

    Status: Opened in 2001

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