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REAL ESTATE

  • Cameron Chase Village Center now 100% leased

    Ashburn, Va. -- Two new tenants have leased the last 3,500 sq. ft. available at Cameron Chase Village Center, according to The Rappaport Cos., the broker representing the landlord.

    Sharp Line Cuts Barber Shop took 1,400 sq. ft., and sit-down restaurant Sushi Noshi signed on for 2,100 sq. ft. Both plan to open in the fall.

     

  • Gilt to open pop-up store

    New York -- Gilt, the popular online retailer of  discounted high-end designer apparel and accessories, will open its first-ever brick-and-mortar location, a pop-up store in Shelbyville Road Plaza, Louisville, Ky.    
     
    “GLI welcomes the first Gilt.com Designer Outlet to the Louisville business community,” said Greater Louisville Inc. CEO and president Craig J. Richard in a press release issued by the online retailer. “The exciting new concept store is a unique addition to our local retail market.”

  • Lululemon to open men’s stores

    New York -- Women’s yoga and activewear retailer Lululemon plans to open freestanding stores for men by 2016, outgoing company CEO Christine Day said during a presentation at a William Blair & Co. conference in Chicago. Day recently announced her plans to retire from the company once a successor is named.

  • RED Legacy hires business development exec

    Kansas City, Kan. -- Stacy Scheelk has signed on as senior director of new business development with RED Legacy. An accredited Certified Marketing Director, Scheelk’s responsibilities include developing partnerships, securing sponsorships, creating specialty retail and increasing ancillary income.

    She comes to RED Legacy from CBL & Associates Properties where she most recently served as regional director of brand development.

     

  • Fuddruckers to open new California location

    Fairfield, Calif. -- A Fuddruckers franchisee has acquired a 14,500-sq.-ft. property on the ring road of Solano Mall in Fairfield, Calif., according to Transwestern, the brokerage that represented the franchisee.

    A Chick-fil-A restaurant attached to the property will continue to operate without change.

     

  • Marcus & Millichap: Improving retail real estate outlook

    Calabasas, Calif. -- Broader regional economic growth and improved consumer and retailer finances bode well for retail real estate investments in well-located properties, according to “The Retail Outlook” from Marcus & Millichap Research Services’ second quarter 2013 mid-year outlook for the national retail market and U.S. economy.

  • DRE inks three retail leases in Hampton Roads

    Virginia Beach, Va. -- Divaris Real Estate has leased three retail spaces at shopping centers in Hampton and Virginia Beach.

    Bank of America renewed its 6,000–sq.-ft. lease in Willow Oaks Village Square in Hampton.

    Bruegger’s Bagels leased 2,400 sq. ft. in Southgate Commons in Virginia Beach. Also in Southgate Commons, Anthony Vince Nail Spa has taken 2,597 sq. ft.

    A member of Realty Resources and the Virginia affiliate for The CORE Network, DRE represented the landlords in these transactions.

     

  • Exclusive: Washington D.C. is 'hottest retail market'

    New York -- Washington, D.C. ranks as the nation’s hottest retail market, followed by Greater New York City, a leading developer told Chain Store Age in an exclusive video interview.

    To see the interview with Inland Real Estate Group vice chairman Joe Cosenza, click here.

     

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