Category : Retail

JLL announces signing of 10 year renewal for Adidas Flagship Store
FeaturedRetail

JLL announces signing of 10 year renewal for Adidas Flagship Store

REW
JLL announced that Adidas has signed a 10-year renewal for its downtown flagship store at 610 Broadway in one of the largest retail transactions to close in the Soho market this year. The multinational sportswear brand occupies a three-level, 30,639-square-foot space in the building, which is owned by funds associated...
Marx and Benenson Announce 3,275-Square-Foot Lease With Savage x Fenty at Cross County Center in Yonkers, NY
FeaturedRetail

Marx and Benenson Announce 3,275-Square-Foot Lease With Savage x Fenty at Cross County Center in Yonkers, NY

REW
 Marx Realty, a New York-based owner, developer and manager of office, retail and multifamily property across the United States, announced that Rihanna will be bringing her Savage X Fenty product line to 3,275 square feet of space at Cross County Center in Yonkers, NY. “The Savage X Fenty brand has...
CBRE Retail Services Team of Marta Villa and Samuel Bernhaut Arrange New Leases Throughout New Jersey
Retail

CBRE Retail Services Team of Marta Villa and Samuel Bernhaut Arrange New Leases Throughout New Jersey

REW
Despite market fluctuations and concerns on inflation, the retail market remains stable in New Jersey. Indicative of this, the CBRE Retail Services team of Marta Villa and Samuel Bernhaut have completed four new retail leases throughout the New Jersey market. Among the most recently completed deals the team arranged are:...
Olayan Group welcomes trio of food & beverage brands to new public garden
Retail

Olayan Group welcomes trio of food & beverage brands to new public garden

REW
The Olayan Group has signed up three local food and beverage brands to operate the retail kiosks within the new, half-acre public garden at 550 Madison Avenue, the landmarked office building located between East 55th and 56th streets in Midtown Manhattan. The trio of local brands provides a variety of...
Richard B. Hodos joins JLL New York Retail Brokerage as vice chairman
FeaturedRetail

Richard B. Hodos joins JLL New York Retail Brokerage as vice chairman

REW
JLL announced today that veteran New York City retail broker Richard B. Hodos has joined the firm as vice chairman, Retail Brokerage, and will be based in the firm’s Manhattan headquarters office. He will be joined by longtime associate, Michael Remer, who will serve as vice president, Retail Brokerage. The...
Yonkers IDA Votes Preliminary and Final Approvals of Financial Incentives for New Residential and Commercial Developments
ResidentialRetail

Yonkers IDA Votes Preliminary and Final Approvals of Financial Incentives for New Residential and Commercial Developments

REW
The Yonkers Industrial Development Agency (YIDA) voted preliminary and final approvals of financial incentives for new residential and commercial projects representing a total private investment of $182.2 million, The developments are projected to create more than 600 construction jobs and over 300 apartments including affordable housing for low-income seniors. “These...
Colliers Arranges Retail Lease for Southdown Coffee in the New Village at Patchogue
Retail

Colliers Arranges Retail Lease for Southdown Coffee in the New Village at Patchogue

REW
Colliers (NASDAQ and TSX: CIGI), the leading global commercial real estate services firm, announces it has secured a lease for Southdown Coffee in the New Village at Patchogue, a mixed-use development located in the heart of downtown Patchogue. A Colliers’ team comprised of Senior Managing Directors Maria Valanzano and Steven...
Rosenberg & Estis defeats retailer’s appeal for COVID rent stoppage
FeaturedRetail

Rosenberg & Estis defeats retailer’s appeal for COVID rent stoppage

REW
Rosenberg & Estis, P.C. has successfully defeated an appeal by The Gap Inc. and Old Navy LLC in an action seeking, among other things, to terminate the long-term leases at their flagship stores in the heart of Times Square and avoid paying millions of dollars of both past-due and current...
JLL names Erika Schanke Executive Vice President of Global Retail Business Development
Retail

JLL names Erika Schanke Executive Vice President of Global Retail Business Development

REW
JLL announced today the appointment of Erika Schanke to Executive Vice President of Global Retail Business Development. Erika will be responsible for the company’s global retail business development initiatives, increasing communication and cross-selling across the Americas, Europe, Middle East and Africa and Asia-Pacific. “We’re very excited to welcome Erika as...
The Rainier Companies continues Best-in-Class Retail Acquisition Strategy
Retail

The Rainier Companies continues Best-in-Class Retail Acquisition Strategy

REW
 The Rainier Companies, a national commercial real estate investment firm headquartered in Dallas, today announced the acquisition of SummitWoods Crossing, a 545,204-square-foot Class A regional shopping center in Lee’s Summit, Missouri (Kansas City MSA). The acquisition represents Rainier’s 13th market-dominant shopping center purchase in the last five years. This acquisition...