NGKF leads perfumer to new Madison Avenue store
French fragrance brand Annick Goutal is expanding its U.S. presence by opening a second location in the Upper East Side. Newmark Grubb Knight Frank (NGKF) … Continued
Category : Retail
Celebrity shopping spot hits market
Eastern Consolidated has been retained as the exclusive leasing agent for a 19,000 s/f divisible retail space at 140 Franklin Street in celebrity-heavy Tribeca. Mariah Carey, Billy Crystal, Robert DeNiro, Leonardo DiCaprio, Beyonce, Meryl Streep and Justin Timberlake are all known to shop in the neighborhood and dine at trendy...
Another fitness concept pumps up Flatiron District
Shadow Box Gym, a new boxing gym concept offering group classes, has signed a lease for its first location at 28 West 20th Street in the Flatiron District. Winick Realty Group’s Ross Burack and Kelly Gedinsky represented landlord Pan Asia Estate in the lease transaction, while Ross Berkowitz and Ernie...
GHP to reposition Westport retail asset
GHP Office Realty, LLC announced the purchase of 20 Saugatuck Avenue in Westport, Connecticut. The currently vacant retail shopping center is 19,000 s/f. The new owners — an entity made up of the principals of GHP Houlihan-Parnes Realtors — are planning a $2,000,000 capital improvement project to create a Class...
SCG Retail doubles office space
SCG Retail, the Urban Street division of The Shopping Center Group based in Atlanta, has doubled its office size with a move to 250 West … Continued
Colliers give DavidBarton a leg up in PA
Colliers International arranged a 24,000 s/f lease for the newest outpost of national gym brand DavidBartonGym at The Drexel Building, in Philadelphia’s Rittenhouse Square. SCOTT … Continued
Doc-in-the-box brands seeing Long Island demand
STEVE GILLMAN By Steve Gillman, The Shopping Center Group While no one has a retail crystal ball, drawing upon my 25-plus years of experience on … Continued
Aussies open first outpost in Williamsburg
Lee & Associates’ Garry Steinberg and Jaime Schultz have brought another retailer to rapidly-changing Williamsburg. Aesop, an Australian skincare company, signed a lease for 500 s/f at the Lewis Steele Building at 76 N4th Street, the duo exclusively told Real Estate Weekly. The company is a “boutique-y” all-natural brand, started in 1987, and currently has six retail locations in Manhattan. This will be its first Brooklyn location.
RKF sells $26M Miami store
RKF has arranged the $26 million sale of a 22,248 s/f retail property located at 3800 Northeast Miami Court in the city’s Design District. RKF’s Benjamin Mandell, John Ellis and Marty Arrivo represented the buyer, L3 Capital LLC, while the seller Tirrenia Developments, LLC, was represented in-house. The sale officially...
Booming tourism sector has investors bullish on New York
As we welcome in 2015, there is a raw emotional edge to New York that few developers have seen since the catastrophe of 9/11 when no one knew whether this proud, resilient but grieving city had the means to come back. And yet the real estate community continues to display its full faith and confidence in this diverse metropolis by sustaining its investment in a wide spectrum of projects that range from office construction to residential housing. Perhaps nowhere is that investment as evident as in our city’s tourism industry and the hotel construction required to support it.