REAL ESTATE

New York City -- Athletic goods and footwear company Asics has opened an ultra-modern flagship in Amsterdam, The Netherlands. The two-level store, located next to the city's legendary Vondelpark running center, has a sleek, futuristic design and offers several exclusive services, including advanced biomechanical and running analysis systems. Click here to see photos.

New York City -- Robert K. Futterman & Associates said Monday that it has secured a long-term lease for Gap 1969 at 513 Broadway, between Spring and Broome Streets in SoHo, for the brand’s first permanent location in New York City for the concept store.  

Gap 1969 is currently operating in a temporary space at 524 Broadway.  Scheduled to open in early spring 2011, the new apparel store will occupy 2,800 sq. ft. of ground-floor selling space, and 3,000 sq. ft. in the basement and 3,000 sq. ft. in the sub-basement.    

New York City -- The Home Depot  has closed its last store in Beijing, highlighting the difficulties that some western companies face when trying to transplant foreign business models into China.

Home Depot, which has closed five stores on the mainland in the past two years, is struggling to find the right business format for one of the world’s most difficult home-improvement markets, local analysts said.

Richardson, Texas -- Wingstop is expanding throughout the Baltimore-Washington corridor. The company, which has experienced more than seven years of same store sales increases, recently signed a development agreement to open 20 stores in the area over the next several years.

Business partners Rahim Kurji and Bidjaan Kassam have signed a 20-store development agreement and expect to open four locations in Baltimore and Washington, D.C., this year.

Canton, Mass. -- Dunkin' Donuts has signed agreements with four franchisees to develop 16 restaurants in Tampa, Orlando and Tallahassee over the next several years.

Dunkin' Donuts development throughout Florida is part of a steady and strategic growth strategy, which includes expanding in existing markets while entering new cities across the country.

Wyckoff, N.J. -- Inserra Supermarkets said Wednesday that its redevelopment plans for a 7.6-acre underutilized site in the heart of Wyckoff, N.J., which has been vacant for more than 10 years, are progressing.

The Mahwah, N.J.-based supermarket chain plans to raze an uninhabitable 53,000-sq.-ft. building to develop a new 62,174-sq.-ft. ShopRite within the Township’s central business district.

Cleveland -- Forest City Commercial Management announced the appointment of Kym Espinosa as marketing director for Promenade Temecula, a regional lifestyle center in Temecula, Calif.

Espinosa, who has more than 20 years of experience in the shopping center industry, is responsible for marketing program strategy and implementation for the 1.1 million-sq.-ft. retail center.

Honolulu, Hawaii -- Colliers Monroe Friedlander, an affiliate of Colliers International, said that BlackSand Capital, LLC, a Hawaii-based real estate investment firm, acquired Pearlridge Uptown II from Inspiration International, LLC.