REAL ESTATE

Snellville, Ga. — Sprouts Farmers Market has signed a lease to occupy 26,000 sq. ft. in The Shoppes at Webb Gin in Snellville, Ga., an affluent suburb of Atlanta. This will be among the first Sprouts locations east of the Mississippi. Construction has begun on the store, which is slated to open this summer.

New York — RKF has helped arrange the sale of a 12,250-sq.-ft. property on Manhattan’s Upper East Side at 1151 Third Avenue for $18 million.

RKF Investment Sales & Advisory Services represented the buyer, 1151 Third Avenue LLC, in the transaction. HelmleySpear represented the seller, 201 East 67th Street. The transaction closed in late October.

New York -- In a hugely attended address kicking off the National Retail Federation’s 2014 “Big Show” at Javits Center in New York City, shopping center developer Rick Caruso challenged attendees – most of them retailers from the technology side of their companies – to remember the “human” side of retail.

New York — O’Connor Capital Partners has acquired 150 and 151 Worth Avenue, a 142,000-sq.-ft. luxury shopping center in Palm Beach, Fla. O’Connor made the acquisition on behalf of an institutional client.

The Goodman Company developed the center from 1978 to 2001. Saks Fifth Avenue and Neiman Marcus anchor the center, which is also home to Gucci, Louis Vuitton, Tory Burch and Pucci as well as several other national and local tenants.

Greenwich, Conn. — Urstadt Biddle Properties Inc. has acquired two shopping centers in New Jersey: Boonton A&P Center in Boonton and Bloomfield A&P Center in Bloomfield.

The company paid $18.4 million, subject to an existing $7.8 million mortgage, for the 63,000-sq.-ft. Boonton A&P Center. Constructed in 1999, the center features a 49,463-sq.-ft. A&P plus Dunkin’ donuts, Chase Bank, Subway, Supercuts and Sprint. More than 90% of the tenants are national or regional names.

Seattle — Nordstrom plans to open a 35,000-sq.-ft. Nordstrom Rack at The Greene Town Center in Dayton, Ohio, in the fall of 2014. Olshan Properties, formerly known as MPI, Mall Properties, Inc., manages The Greene Town Center.

Nordstrom Rack has four other locations in Ohio, two of which opened this past fall in Columbus and Westlake. Another Rack location is set to open at Sun Center in Columbus this spring. Nordstrom operates three full-line stores in Ohio.

New York – Robert Graham has signed a new lease agreement to open a branded retail store featuring the full Robert Graham collection in The Shops at Mohegan Sun in Uncasville, Conn. The store will carry the complete range of Robert Graham apparel products.

Northbrook, Ill. — Pine Tree Commercial Realty LLC has appointed Graham Grochocinski to serve as the firm’s director of omni-channel marketing and social media.

Grochocinski will handle Pine Tree’s omni-channel retail coordination as well as the firm’s social and digital communications.

Grochocinski comes to Pine Tree from USAgain, an award-winning recycling company, where he managed the integrated marketing efforts for lead generation and branding.