REI to Open First New York Store in Historic Building Recreational Equipment Inc. (REI), an outdoor gear and apparel retailer, signed a 39,000-square-foot lease with the Kushner Cos. for a location in the Puck Building in New York City. This will be REI’s first New York City store. The store is scheduled to open in [...]
CREC Appointed as Leasing Agent for Florida’s Shops at Beacon Lakes Other Notable Announcements Winick Realty Group LLC promoted Steven E. Baker to president. He is already a partner at the firm. For more, download the full article in PDF Retail Traffic_082610_CREC Appointed as Leasing Agent for Florida’s Shops at Beacon Lakes
The Luxury Market Turns Its Attention Back to Core Customers There is no doubt the drop in demand for luxury goods has had a direct impact on upscale shopping districts and centers around the country, says Kelly Gedinsky, an associate with Winick Realty Group, a New York City-based retail real estate services firm. As certain [...]
Notable Deals Cohen Financial arranged a $26.9 million credit facility for Emerald Grande, a mixed-use property in Destin, Fla. The property contains 280 condominium hotel units and 48,647 square feet of retail space… Marcus & Millichap Real Estate Investment Services negotiated the sale of a 129,346-square-foot Sam’s Club ground lease in Citrus Heights, Calif., from [...]
The Lap of Luxury When Libby Lassiter began developing the Tysons Galleria in McLean, Va., in 1988, she decided to try something rather novel in those days — anchoring a mall with luxury retailers. Lassiter, then a development executive with Chicago-based General Growth Properties Inc. worked with her team to lure luxury retailers to the [...]
Back to the Future Libby Gronbach, a 15-year-old Connecticut native, spends a lot of time online, like most of her Generation Y peers. She watches videos on YouTube, checks social networking sites like Facebook and MySpace, downloads songs from iTunes and shares what she finds by e-mailing and instant messaging her friends. Most significantly, however, [...]
Locked and Loaded: Specialty retailers’ new concepts take aim at niche markets Experts and brokers point to an assortment of new concepts that either only operate a handful of stores or are getting ready to open their first. Here Retail Traffic has collected more than 30 examples of new chains still in the development stage that [...]
BUSINESS DEALS Whole Foods signed a 57,000-square-foot lease at 808 Columbus Avenue in New York City. Jeffrey Winick and Lori Shabtai, of Winick Realty Group LLC, represented the landlord in the transaction. Chase Welles, of Northwest Atlantic Partners, represented Whole Foods. For more, download the full article in PDF Retail Traffic-May 2007 – Business Deals [...]
RETAIL BRIEFS Whittard of Chelsea Inc., a British tea and coffee shop, will open its first American location at 170 Newbury St. in Boston, Mass., where it signed a 1,400-square-foot lease. Italian menswear designer Canali signed a 2,600-square-foot lease at 25 Broad St. in New York City. Jeck Abelson, of Abelson & Associates, represented the [...]
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