Category : Retail

Hong Kong world’s hottest retail market
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Hong Kong world’s hottest retail market

REW Staff
Hong Kong is the world’s hottest retail market, attracting significantly more new entrants than any other city, according to the 2013 edition of How Global is the Business of Retail? by global property advisor CBRE. The city saw 51 new retailer entries from all sectors – not just high-end fashion brands. The new entrants were principally from Europe, but also from the U.S., Japan and Korea. U.S. retailers are by far the most aggressive when expanding store networks globally. They are increasingly targeting the Middle East, Central & Eastern Europe and Latin America .
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REcon 2013: Opening night party photos

REW
Opening night parties kicked off with a bang Sunday night, as hundreds gathered at The Shopping Center Group's soiree in the Grand Ballroom at The Four Seasons while next door at Mandalay Bay, swans greeted guests at Aureole Restaurant at Massey Knakal and Fidelity National Title Company's joint party. Photos by Holly Dutton
Skyview Center welcomes ‘Her’
ICSC REConRetail

Skyview Center welcomes ‘Her’

REW Staff
QUEENS, NY (May 20, 2013) – The Shops at SkyView Center in Flushing, Queens recently signed a seven-year lease with its soon-to-be newest tenant: popular fashion retailer Limited Editions For Her. The store will be located across from Old Navy on Level D and will occupy a 4,000-square-foot space. Already...
Nets Shop, surf store to open at Coney Island’s People’s Playground
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Nets Shop, surf store to open at Coney Island’s People’s Playground

REW Staff
Staying true to its pledge to lease Coney Island space to local businesses in the wake of the damage inflicted by Hurricane Sandy, Thor Equities announced it had secured placements for Brooklyn-based retailers in the heart of the People’s Playground. The Nets Shop by Adidas, an exclusive Brooklyn Nets gear retailer, Wampum surf-and-skate shop, Coney Island Convenience and Brooklyn Rock will open at the Stillwell Avenue location.
Mall is facing the ugly truth
Retail

Mall is facing the ugly truth

REW
It may be ugly, but the development team now pushing to finish the beleaguered American Dream mall in New Jersey are confident their wallflower will catch some eyes at next week’s ICSC convention in Vegas. Don Ghermezian, president of Triple Five which now owns the unfinished 4.8-million square feet mall next door to the Met Life Stadium in East Rutherford, will travel to Sin City with a team of executives. “We’re very excited about it,ˮ said Triple Five spokesman Alan Marcus. “I think there’s a real buzz in the retail industry.ˮ Marcus said there is a “great deal” of interest from retailers and “a number” of letters of intent signed for space at the mall.
Retail

Retail Roundup

REW Staff
Savills advises Irish investment group on $97M sale of net leased Citibank branches; WP Carey buysTommy Hilfiger distribution center; Marcus & Millichap Capital Corporation (MMCC) arranges financing for six retail and multifamily properties in New York and Connecticut.
Retail

Blink Fitness works out deal for space at new luxury condo

REW Staff
Winick Realty Group announced a 15,500 s/f lease for Blink Fitness at the base of Chelsea Park, a new residential building located at 260 West 26th Street. Alexander Hill of Winick Realty Group represented ownership, and Blink Fitness was represented by Peter Levine of Charter Realty & Development. Blink will...
Retail

TJ Maxx signs on at new Bronx shopping center

REW Staff
Simone Development Companies announced lease signings for three additional tenants at the new Throggs Neck Shopping Center project currently under construction in the Ferry Point section of The Bronx. Throggs Neck Shopping Center is being developed by Simone Development, in conjunction with Aaron Malinsky and Paul Slayton. Anchored by a 165,000 s/f Target department store — the retailer’s third Bronx outlet – the Throggs Neck Shopping Center is scheduled for completion in early 2014 and will consist of over 285,000 s/f of stores and restaurants on two levels.
Retail Briefs
Retail

Retail Briefs

REW Staff
ABS Partners sings 1,500 s/f lease with Art Alliance; Steve Rappaport adds to the menu on Bleecker; and Pottery Barn Teen getting them fired up on Second Avenue.