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DDR expands Puerto Rico redevelopment program
Beachwood, Ohio -- DDR Corp. announced Tuesday that it has expanded its redevelopment program in Puerto Rico from $50 million to $90 million.
"Increased demand for quality retail space in this supply-constrained market has created unique value-add opportunities in many of our most productive assets," said Paul Freddo, senior EVP leasing and development, DDR. "By executing our strategic redevelopment plan, we are creating attractive opportunities for our key domestic tenants to establish or expand their presence on the island."
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Social Apparel to open 34th Street location
New York -- Winick Realty Group said that women’s formal wear brand Social Apparel, with locations in four New York malls, has leased its first freestanding location at 255 West 34th Street, located between Seventh and Eighth Avenues in Manhattan’s Garment District.
The store includes 1,760 sq. ft. on the ground floor, 1,276 sq. ft. on the mezzanine and 1,540 sq. ft. in the basement.