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REAL ESTATE

  • Jared opens 200th store

    Akron, Ohio -- Jared The Galleria Of Jewelry officially opened its 200th location in Carle Place, N.Y., at the Carle Place Commons Center. The store includes a complementary refreshment area, a children’s play area and a full-service custom jewelry design and repair center, which will custom mount, clean and repair most jewelry.

  • Floor & Décor signs into Tucson’s ABC Retail Center

    Tucson, Ariz. — Floor & Décor has signed a long-term lease for a 58,205-sq.-ft. space at ABC Retail Center in Tucson, Ariz. It will be the specialty retailer’s first location in Tucson.

    CBRE represented Floor & Décor in the transaction. The landlord, ABC Broadway/Kolb Center LLC of Tucson represented itself.

  • New Whole Foods to open new midtown Manhattan store

    New York -- Whole Foods Market has inked a deal for a new location in the Bryant Park area of Manhattan – on Sixth Avenue between 41st and 42nd Streets.

    A Wall Street Journal report, which cited unnamed sources, said that the grocer has agreed to take 10,000 sq. ft. on the ground floor and 22,000 sq. ft. on the second floor at 1095 Sixth Ave., a building owned by a Blackstone Group fund.

  • Fuddruckers to Algonquin Commons in Algonquin, Ill.

    Algonquin, Ill. — Fuddruckers has opened a 6,600-sq.-ft. fast casual restaurant in the Algonquin Commons lifestyle center in Algonquin, Ill., a northwest suburb of Chicago. The new restaurant replaces a Cheeseburger in Paradise, according to Luby’s, Inc., the parent company of both brands and the owner of the site.

    The Algonquin Commons restaurant will showcase Fuddruckers’ new interior scheme, which pays homage to the chains roadhouse look, while refreshing the look to cater to today’s more sophisticated tastes.

  • Bovet watchmaker to open midtown Manhattan flagship

    New York -- Swiss watchmaker Bovet 1822 will open a New York City flagship, just its fourth boutique in the world.

    The 50 Central Park South store in the heart of midtown Manhattan is in the base of the Ritz-Carlton Hotel. The classic yet modern space incorporates walnut furniture lined with suede.

  • RadioShack opens new concept store in Fairfax, Va.

    Fort Worth, Texas — RadioShack has opened a new concept store in Fairfax Center II in Fairfax, Va.

    The new concept stores feature a speaker wall where customers can compare 13 different speakers; interactive displays with headphone demo stations; technology explained by touch-screens and apps; brands such as Apple, HTC and Samsung as well as mobile carriers including AT&T, Sprint and Verizon; and a do-it-yourself area where customers can plan projects.

     

  • Report: Houston retail real estate market looks strong in 2014

    Houston – Growth in the Houston retail estate market is expected to follow strong residential real estate growth in 2014. According to a report from NewQuest Properties delivered at the recent BoyarMiller Real Estate Forum, there are about 15 new shopping centers planned or under way in Houston.

    In addition, the Houston retail sector is struggling to keep up with growth in the city and experiencing very low vacancy and default rates

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