REAL ESTATE

Lansing, Mich. -- Centro Properties Group said that Planet Fitness recently opened a 22,950-sq.-ft. location at Delta Center, directly across from Lansing Mall, in Lansing, Mich.

New York City-based Centro owns Delta Center.
 

New York City -- New York City remains the world’s most expensive retail destination as retailers focus on the major fashion capitals pushing global rents in prime locations even higher, according to the latest CB Richard Ellis (CBRE) Global Retail MarketView.

The average rent for space along Fifth Avenue from 49th Street up to 59th Street hit $1,900 per square foot in the first quarter. Hong Kong and Sydney came in second and third place in the rankings, with average per-square-foot rents of $1,697 and $1,301, respectively.

Open-air shopping destination Santa Monica (Calif.) Place has launched a new gift card partnership to benefit local public schools. One dollar from the purchase fee for every Santa Monica Place Gift Card and GIVE Green Gift Card sold at the center will go to the Santa Monica-Malibu Education Foundation.

Tucson, Ariz. -- Commercial Retail Advisors said it has hired Derek Gersdorf as a Retail Specialist.

Gersdorf's duties will include retail leasing and retail tenant representation. Prior to joining Commercial Retail Advisors, he worked as a residential appraiser in the Phoenix and Tucson regions for Casa Grande Appraisal Service and Forsythe Appraisals.
 

Atlanta -- LaVida Massage said Wednesday it has named Duane Goodwin and Terry Sharp as Master Developers in the state of Georgia.

Goodwin and Sharp, both former Home Depot senior executives based in Atlanta, will be charged with spearheading the regional growth and the development of several centers in Atlanta and throughout Georgia.

Dallas -- Real estate investment firm The Cogent Group said Thursday it has acquired 12 convenience stores & gas stations in the Charlottesville, Va. market.

The properties are leased to Charlottesville-based Virginia Oil Co. and feature food partnerships with McDonald’s, Blimpie and Dairy Queen.

Cogent’s real estate purchase was part of a simultaneous transaction among The Cogent Group, VPS Convenience Store Group and Virginia Oil Co.

Colorado Springs, Colo. -- Addison, Texas-based Coyote Management L.P. and Garrison Investment Group, through their affiliates, have acquired Chapel Hills Mall, located in Colorado Springs, Colo.

Chapel Hills Mall is a 1.2 million-sq.-ft. enclosed super-regional mall anchored by Dillard’s, J.C. Penney, Macy’s, Sears, Dicks Sporting Goods and Burlington Coat Factory, and features a 15-screen Carmike Cinema and over 100 specialty stores.

New York City -- Robert K. Futterman & Associates said it recently secured the first Manhattan Chobani location at 150 Prince St. in SoHo, located on the southwest corner of West Broadway.

The 550-sq.-ft. space, formerly occupied by Swatch, is set to open this summer.

The SoHo location will introduce the Greek yogurt brand to a thriving retail corridor of Manhattan surrounded by co-tenants that include Lucky Brand, Cole Haan, Michael Kors, Ralph Lauren, among others.