REAL ESTATE

One to Watch: Sally Beauty becomes a real looker as it ups expansion
Sally Beauty Holdings observed a major milestone recently with the opening of its 5,000th location, but the $3.8 billion Texas-based retailer has even bigger ambitions for more stores and new services as it vies for market share with mass and specialty players.
Northern Tool + Equipment to open second location in Louisiana
Houma, La. -- X Team International announced that partners Venture Commercial Real Estate and SRSA Commercial Real Estate completed a 20,023 sq. ft. lease for Northern Tool + Equipment in Houma, Louisiana, at the Houma Power Center.

This location will be Northern Tool + Equipment’s second in Louisiana, and will join a strong tenant mix including: Old Navy, Burkes Outlet, Shoe Carnival and Pier 1 Imports.

RCS real estate advisors retained by Hancock Fabrics

New York -- RCS Real Estate Advisors announced it has been retained by Hancock Fabrics, debtor-in-possession, to generate value for the estate through the sale of leases. RCS Real Estate Advisors senior VP Spence J. Mehl made the announcement.
Fast-growing Lululemon rival to open its first NYC store

Yogasmoga, the made-in-America, Yoga-inspired athletic apparel retailer, is coming home.

The company, which is based in New York City, will open its first Big Apple location this spring. The store, in the NoHo section of downtown Manhattan, marks a continued commitment to expansion for the eco-conscious brand, which opened 10 stores in 2015.
Gaining New Ground

In the face of an increasingly complex retail real estate investment environment, and a world where constantly evolving technology enables us to be connected 24/7 with both current and potential partners, as well as have access to real-time market and property data and analytics at our fingertips, retailers and commercial real estate professionals are being increasingly challenged to be more nimble, flexible and connected than ever before — and to find new ways to maximize efficiency and productivity in the non-stop deal-making environment.
Winick Realty leases first New York location for famed Italian panini shop

Winick Realty Group announced Antico Noe, the Florence-based panini shop is bringing its one-of-a-kind sandwiches to New York City. The new store will be 1,600 sq. ft. will operate at 220 East 53rd Street, New York, New York. Located between Second and Third Avenues in Midtown East, the storefront provides Antico Noe exposure to a large daytime population.
Exclusive Content: Why We’re Investing in Quality Real Estate at the Top of the Market Rather Than Value-Add

As we look at the white hot commercial real estate market, it’s clear that value-add and opportunistic investors are chasing deals in new asset classes and locations that are less than ideal. And it makes sense: they are return-driven, happy to take more risks to chase higher yields. But when the market inevitably comes down, they’ll have more to lose.
Lululemon redefines transparency with 'Lab' store format

Lululemon Athletica will open the first U.S. outpost of the brand’s design incubator “lab” format in downtown Manhattan, in March.

It’s only the second location for the unusual concept. The first, opened in 2009, is in the company’s hometown of Vancouver, British Columbia.
Fabletics continues offline push

Fabletics, the fashion athletic brand co-founded by actress Kate Hudson, is setting up shop in the nation’s largest shopping mall.

The retailer is set to open at Mall of America in Bloomington, Minnesota, this spring. The 2,000-sq.-ft. store will feature the brand’s signature fashion-forward activewear for women and also its new line of men’s high performance athletic gear and lifestyle basics.

Fabletics was launched online in 2013. It made the leap to brick-and-mortar in fall 2015, and currently operates six stores.
Home décor retailer continues to expand

At Home has added four more locations to its growing store portfolio.

The big-box home décor retailer announced it has entered the state of Minnesota, opening a 107,000-sq.-ft. store in Burnsville. (The company plans to open a second store in the state, in Blaine, this June.)