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Hospitality

  • Hampton Roads gets two more Firehouse Subs

    Virginia Beach, Va. — Two Firehouse Subs shops opened Monday, an 1,800-sq.-ft. location in Virginia Beach’s Strawbridge area and a 2,400-sq.-ft. location in Hampton’s Coliseum Central.

    Divaris Real Estate represented the sub shop in negotiations for each location.

     

  • Snack Taverna goes to Hell’s Kitchen

    New York — Snack Taverna, the popular West Village restaurant in New York City, has signed a lease to extend its concept into a 1,100-sq.-ft. space in Hell’s Kitchen, according to Winick Realty Group, which represented the tenant in the transaction.

     

  • Online shopping site appoints new COO

    NEW YORK — Gilt, an online shopping website, has appointed Tracey Weber as chief operating officer, effective September 3. Weber joins Gilt from Citibank, where she was the managing director, North America Internet and mobile and global product.  

    In her role as chief operating officer, Weber will have responsibility for many of Gilt's operations, including Gilt City, international, customer service and merchandise planning; she will also oversee several new strategic initiatives. Weber will report directly to CEO Michelle Peluso.

  • Belk gets ready for some football

    CHARLOTTE, N.C. — The Belk Bowl today announced that they have finalized a deal that will bring an SEC team to the Belk Bowl beginning in 2014. The agreement extends for six years.

    "We are thrilled to have the SEC as a partner for the Belk Bowl. We look forward to bringing the best of college football to Charlotte," said Tim Belk, Belk's chairman and CEO.

  • JLL closes on four multifamily properties for $120 million

    New York -- Jones Lang LaSalle’s Capital Markets group has closed the sale of four prime multifamily properties in the Dallas area on behalf of four separate sellers. The combined sale price exceeded $120 million.

  • McDonald’s reports slightly higher domestic, global same-store sales in July

    Oak Brook, Ill. – Despite declines in European and Asia-Pacific/Middle East/Africa (APMEA) same-store sales, positive domestic same-store sales performance in July resulted in a small global increase for McDonald’s Corporation. The fast-food giant reported 1.6% domestic same-store sales growth compared to July 2012 as well as 1.9% declines in both Europe and APMEA same-store sales, averaging out to a 0.7% global increase.

  • Celebrating in Gainesville

    A spectacular mixed-use development will soon break ground in Gainesville, Fla. — at the intersection of I-75 and Archer Road. When complete, Celebration Pointe will run more than a half-mile along I-75, the heart of Gainesville’s most successful retail corridor.

    The project’s specs are awesome: 125 acres, 1 million sq. ft., 300,000 sq. ft. of upper-moderate and specialty retail, a huge restaurant and entertainment component, Class A office space, nearly 1,000 multifamily residential units, a branded hotel.

  • New Street Realty transactions

    New York  — New Street Realty Advisors has announced two recent transactions:

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