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REAL ESTATE

  • Mulberry to debut in SoHo

    New York City -- Robert K. Futterman & Associates said it has arranged a long-term, 10,700-sq.-ft. lease with Mulberry at 134 Spring St., between Greene and Wooster Streets in SoHo.

    The store will serve as the British lifestyle brand’s flagship location in New York City and will be its third store in Manhattan. Scheduled to open in the summer, Mulberry will occupy 5,700 sq. ft. of ground-floor retail and 5,000 on the lower level and will sell ready-to-wear in addition to accessories.

  • Sports Clips to open at Ocean View Plaza

    San Clemente, Calif. -- Centro Properties Group said that a 1,198-sq.-ft. lease has been executed with Sports Clips at Ocean View Plaza, in San Clemente, Calif.

    New York City-based Centro is the owner of Ocean View Plaza.
     

  • Pet Supermarket to open at Bloomingdale Square

    Brandon, Fla. -- Jacksonville, Fla.-based Regency Centers said it has leased retail space in Brandon, Fla., at Bloomingdale Square to Pet Supermarket.     

    Pet Supermarket has leased 9,000 sq. ft., bringing the center to 96% leased. The pet supply retailer is slated to open in first quarter 2011.

    The 267,736-sq.-ft. shopping center is anchored by a 92,681-sq.-ft. Wal-Mart, Bealls and Publix, plus other retailers such as Dollar Tree, Hallmark, RadioShack and Bank of America.

  • Kenneth Cole closing eight stores

    New York City -- Kenneth Cole Productions is closing its flagship store in Rockefeller Center and eight other stores this year, the company disclosed in a regulatory filing, according to Crain’s New York.

    Located in a major tourist hub, the Rockefeller Center spot has been on the market for more than two years, according to real estate brokers, the report said. Kenneth Cole has occupied the 13,000-sq-ft. for about 10 years.

  • Gap’s Athleta brand opens San Francisco store

    San Francisco -- Women’s active lifestyle brand Athleta has opened its first full-scale retail location, on Fillmore Street in San Francisco. Athleta was acquired by Gap in 2008

    “This store opening launches the next phase of our multichannel growth plan for the Athleta brand,” said Toby Lenk, president of Gap. Direct, the division which houses the Athleta brand. “What began as a catalog business 12 years ago, evolved into a successful online channel, and today marks another milestone for the Athleta brand.”

  • Readers Speak Out: Is driving responsible growth consistent with your 2011 objectives?

    The Dec. 23 edition of SiteTalk referenced a recent survey, which found that driving responsible growth, in addition to protecting and building the brand, is a chief priority for retailers in 2011. We asked you, our readers, if that priority was consistent with your 2011 objectives. Here is what one reader had to say.

  • Fresh & Easy to enter Northern California market in March

    El Segundo, Calif. -- Fresh & Easy Neighborhood Market on Wednesday said it will open its first stores in Northern California in March and April, with the first two scheduled to open March 2 in San Jose and Danville. Nine additional locations are scheduled to open in the area within the two-month time frame.

    Fresh & Easy also said it also plans to open two stores in San Francisco early this year.

  • Target to open 21 stores and remodel 400 units in 2011

    Minneapolis -- Target is opening 21 stores across 12 states, the retailer announced Tuesday.

    Among the openings include five stores in California, a third store in Hawaii and a SuperTarget in Minnesota.

    “Target takes great pride in designing stores that meet the needs of our guests and the communities we serve,” said John Griffith, Target executive VP. “With the addition of an expanded fresh food assortment, our new stores will offer guests everything they need in one convenient location.”

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