REAL ESTATE

Moscow -- Multiple sources in Moscow on Wednesday said that Victoria’s Secret will open its first Russian store in Moscow on Sept. 30.

According to local paper Vedomosti Business Daily, experienced American brand franchisee Moneks will open four Victoria’s Secret stores in and around Moscow prior to year’s end.

New York City -- A series of retailer moves on Madison Avenue has allowed for expansion and improved adjacencies in one of Manhattan’s luxury shopping meccas.

According to Prudential Douglas Elliman’s Retail Group, Italian luxury sportswear retailer Paul & Shark has opened in the Hartz Mountain Building at 667 Madison Avenue, replacing Michael Kors. In turn, Michael Kors will move to the current Steuben store and open a new flagship when the glassmaker departs the space.

Salt Lake City -- Bloomfield Hills, Mich.-based shopping center owner Taubman Centers announced Tuesday the first 20 retailers – all new to the market and most new to Utah – coming to City Creek Center, the 700,000-sq.-ft. retail component of mixed-used development City Creek in downtown Salt Lake City.

Northborough, Mass. -- BJ's Wholesale Club said Tuesday it has opened its newest Massachusetts Club location at Northborough Crossing 6102 Shops Way in Northborough, Mass.

The 120,000-sq-ft. store replaces a 23-year-old BJ's Wholesale Club nearby and adds services such as a gas station, full-service delicatessen, enhanced tire center and integrated liquor shop.
 

Philadelphia -- Marcus & Millichap Real Estate Investment Services said that it has promoted Mark E. Taylor to first VP investments.

Most recently, Taylor held the title of VP investments. He specializes in the sale of retail shopping centers and net-leased property investment real estate.

Tustin, Calif. -- Coreland Cos. of Tustin, Calif., announced that Kim Talley has been named senior associate, retail brokerage.

Talley was previously senior associate with CB Richard Ellis. She has completed transactions with TJ Maxx, Wells Fargo, TruValue Hardware, Starbucks and Citibank.

New York City -- British apparel retailer Acadia Group opened its second Topshop/Topman location in the United States, a three-level store on Chicago’s North Michigan Avenue. The space, which boasts some 35,000 sq. ft. of selling space, was previously was occupied by a Borders store.

Topshop will debut its third U.S. location, in Las Vegas, in March 2012.

New York City -- Winick Realty Group said that TJ Maxx has leased its first Wall Street location, in the heart of New York City’s Financial District.

The 32,000-sq.-ft. store, which spans two lower levels at 14 Wall Street on the corner of Broad Street, is slated to open in October.