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  • Five Applebee’s sold in 1031 exchange

    San Diego  — Representing a real estate investment trust, The Mansour Group has sold a portfolio of five Applebee’s for $13.3 million.

    To complete the transaction, The Mansour Group sourced a private high net worth California investor, who sold an apartment complex and acquired the portfolio through a 1031 exchange. The restaurants are located in North Carolina, Texas, Tennessee, Minnesota and Kentucky:

  • 99dresses introduces iOS app

    New York – 99dresses is introducing a mobile iOS app. 99dresses offers a virtual “clothes swap party” where women list unwanted fashion items and receive virtual “buttons” they can use to claim apparel items listed by other customers. The item listed is then emailed a prepaid USPS shipping label.

  • Frederick’s of Hollywood receives proposal to go private

    Hollywood, Calif. – On Sept. 26, 2013, the board of directors of Frederick’s of Hollywood Group Inc. received a non-binding proposal letter from a consortium of HGI Funding LLC, TTG Apparel, LLC, Tokarz Investments, LLC, Fursa Alternative Strategies LLC, and Arsenal Group LLC to acquire all of the outstanding shares of its common stock.

  • Birks & Mayor to change name to Birks Group

    Montreal -- Luxury jewelry store operator Birks & Mayors Inc. announced that effective Oct. 1, its corporate name will be changed to Birks Group Inc. and its ticker symbol will be changed to BGI.

  • Saks Off 5th online store is live

    Saks Off 5th has launched its online store, saksoff5th.com. It joins a list of closeout retailers that are getting comfortable in the e-commerce market. The online store will offer up to 55% off merchandise year-round.

  • Target debuts C9 by Champion collection

    Following the lead of specialty retailers such as Lululemon and Athletica, Target has unveiled an exclusive collection of fashion-forward lifestyle apparel for men, women and children — C9 by Champion — just in time for the fall and holiday season.

  • Petco opens at Levin-managed Hamilton Plaza

    Hamilton Township, N.J. — A 13,640-sq.-ft. Petco has opened at Hamilton Plaza in Hamilton Township, N.J., according to Levin Management, which manages and leases the 175,515-sq.-ft. property. Ripco served as the tenant’s broker in the transaction.

  • Chuck E. Cheese’s and Claire’s sign new leases at Kendall Village Center

    San Jose, Calif. – Chuck E. Cheese’s has signed a long-term lease renewal and expansion of roughly 2,126 sq. ft. for a total of about 16,158 sq. ft. at Kendall Village Center in Kendall, Fla. To accommodate this expansion, Berkowitz Realty Group had to relocate accessory retailer Claire’s within the center.

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