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REAL ESTATE

  • Blink Fitness to open in new Chelsea Development

    New York -- Winick Realty Group said that Blink Fitness will open a 15,500-sq.-ft. facility at the base of Chelsea Park, a new residential building located at 260 West 26th St. in New York City.

    Blink will have a ground-floor entrance at 308 Eighth Avenue, which will lead down to an expansive lower-level gym. The 12-story building is currently home to 204 luxury rental apartments ranging from studios to two-bedroom units.  

     

  • Jones Lang LaSalle adds team to retail brokerage in Hawaii

    Honolulu -- Jones Lang LaSalle said that it has named Wendell Brooks III as senior VP of the firm’s retail brokerage business in Hawaii.

    Brooks will work closely with Hawaii Retail Market Lead Kirk Horiuchi to assist landlord and retail clients. He will be joined by James “Kimo” Greenwell and Robert Kelley, who will focus on retail leasing and sales.  Additionally, Melissa Masicampo joins the firm as brokerage coordinator and Mark Ching joins as graphic designer and marketing specialist to support the growing retail team.

  • Midtown Shopping Center acquires 14.5 acres in Mid-City Los Angeles

    Los Angeles -- Midtown Shopping Center Associates said it has acquired the land under Midtown Shopping Center plus two adjacent properties totaling 14.56 acres for $42.5 million from Catellus Development Corp., based in Denver.  

  • Modell’s to open in Arlington, Va.

    New York -- Modell’s Sporting Goods will celebrate the grand opening of its store in Arlington, Va., on May 9.
       
    The store is located in Pentagon Centre. With its opening, Modell’s will have a total of 154 storefronts.
     
    “We are thrilled to have our 18th store in the Virginia-Maryland area,” said Modell’s president and CEO Mitchell Modell. “We look forward to becoming a stronghold in our new community and getting them everything they need for the summer.”
     

  • Taubman’s Michigan shopping centers designated ‘stormready’

    Bloomfield Hills, Mich. -- Taubman said that all four of its shopping centers in the state of Michigan -- Fairlane Town Center, Great Lakes Crossing Outlets, The Mall at Partridge Creek and Twelve Oaks Mall – have received StormReady designation from the National Weather Service, a component of the National Oceanic and Atmospheric Administration.

  • E-commerce brand Bonobos to make offline debut in NYC

    New York -- RKF has arranged a 1,500-sq.-ft. lease at 35 Crosby Street in SoHo for men’s e-commerce apparel brand Bonobos, which will open its first stand-alone Guideshop location in New York City.

    Bonobos currently operates five other brick-and-mortar locations elsewhere.

    In the cast iron district of SoHo, the retailer will operate in 1,000 sq. ft. on the ground floor and 500 sq. ft. on the lower level of the seven-story building. The new store is slated to open in mid-May.

     

  • Kite Realty announces new leases

    Cary, N.C. -- Indianapolis-based Kite Realty Group announced that Petco has leased 12,500 sq. ft. at Parkside Town Commons, located in Cary, N.C.
     
    As well, Total Wine & More has leased 23,890 sq. ft. at International Speedway Square, in Daytona Beach, Fla.

     

  • Divaris completes 50,000-plus sq. ft. in leases in Virginia

    Virginia Beach, Va. -- Divaris Real Estate has announced the completion of several leases for retail space in Virginia Beach, Norfolk and Richmond, Va.  
     
    The first lease was signed with O’Reilly Auto Parts for 12,608 sq. ft. in a former Rite Aid pharmacy located in Norfolk.  O’Reilly operates 13 other stores in Hampton Roads.
     

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