Hospitality

Rye Ridge, N.Y. -- The Charter Realty Group said that it has arranged its second transaction on behalf of SoulCycle for a 2,350-sq.-ft. space at Rye Ridge Shopping Center, located in Rye Brook, N.Y.  

Charter previously represented SoulCycle, an indoor fitness cycling center, in a 7,000-sq.-ft at One Fawcett Place in Greenwich, Conn.
 

Seattle -- Starbucks Coffee Company reported that its second-quarter profit rose 26% to $390.4 million, up from $309.9 million last year, amid sales increases in the Americas and Asia regions.
     
Total net revenue for the quarter ended March 31, 2013, rose 11% to $3.56 billion, not quite the $3.58 billion Wall Street expected.  Global same-store store sales grew 6%, driven by a 4% increase in traffic and a 2% increase in average ticket, marking the 13th consecutive quarter of global comp growth greater than 5%.
 

Residents of tony Hilton Head Island, S.C., are getting the one thing they don’t currently have: a Kroger Marketplace, situated in the sprawling 42-acre mixed-use project under development by Kroger Real Estate and Blanchard & Calhoun Commercial.

Washington, D.C. -- Douglas Development announced that it has purchased a new mixed-use property in Chinatown DC. The 10,000-sq.-ft. building includes three levels of office space and 4,000 sq. ft. of street-level retail.
     
Douglas Development acquired the property from Washington, D.C.-based law firm Wingfield & Ginsburg, which has since leased back all of the office space from Douglas Development.
      

Huntington Beach, Calif. -- Bruxie announced that it opened its fifth waffle restaurant, with a new unit in Southern California in Huntington Beach on April 23.

Bruxie Gourmet Waffles opened at The Strand on 5th, a collection of shops and restaurants, boutique hotel and office space. Other key retail tenants to the coastal attraction include RA Sushi, Forever 21, Skechers, Active Ride, Rip Curl, Merrilee’s Swimwear, Johnny Rockets, ANGL, and CVS Pharmacy.
 

Leesburg, Va. -- Cypress Equities said that Orvis will open a new store at the 1.2 million-sq.-ft. Village at Leesburg mixed-use project in Leesburg, Va.

Orvis will occupy 6,022 sq. ft. in a new 13,000-sq.-ft. retail building currently under construction. Orvis is slated to open in fall 2013.

Morrisville, N.C. -- The Kalikow Group, on behalf of KEP Morrisville Realty and EYC Cos., said that Grace Park, a mixed-use development featuring 90,000 sq. ft. of ground-floor and outparcel retail space, as well as 180 residences, is nearing 100% occupancy with the addition of four new tenants.

Trali Irish Pub, leased 4,100 sq. ft. at the Morrisville, N.C. property, and Health Station will occupy 1,500 sq. ft.  Ladders Teaching Supply is opening a 1,500-sq.-ft. store and Italian restaurant Mare leased 3,200 sq. ft.

St. Louis -- Panera Bread Company on Tuesday said that chairman and co-CEO Ron Shaich will once again serve as the company's sole CEO starting on Aug. 1. Bill Moreton, who currently serves as co-CEO and president, plans to transition to an executive vice chairman role in order to spend more time on a family matter.

Moreton commented: "As a result of this family matter, I have found myself unable to travel and am now clear I will be challenged to fully execute my responsibilities as president and Co-CEO of Panera Bread.”