GA Group and A&G Real Estate Partners plan to auction 790 retail store leases and five distribution centers in conjunction with the wind-down of fabric and crafts retailer Joann Inc. following its January filing for Chapter 11 bankruptcy. The bid deadline is April…
Calvin Klein plans to open a flagship store at SHVO’s 530 Broadway in SoHo, parent company PVH Corp. said on its third-quarter earnings call. PVH CEO Stefan Larsson on the call called SoHo “one of the best brand-building and foot…
O’Brien Commercial Properties closed the sale of 36 Nason St. in Maynard, MA for $1.4 million. The building was the original home of the Paper Store, which now runs to more than 100 stores and over 3,000 employees nationwide. The…
Hilco Consumer-Retail said Wednesday it will manage store closings for American Freight, which is shuttering all 328 of its locations nationwide. The closings occur as part of the Chapter 11 bankruptcy filing of Franchise Group, Inc. (FRG), the parent of…
Gwinnett County is expanding its control over the Gwinnett Place Mall as it works to redevelop and resuscitate the aging property. Courtesy of Gwinnett County Board of Commissioners Gwinnett Place Mall in Gwinnett County that is set for a total redevelopment. The…
New York City-based fashion brand Alex Mill has signed a lease at Rockefeller Center, slated to open holiday 2024. Alex Mill’s new location at 1 Rockefeller Plaza will be the brand’s third brick-and-mortar store, spanning approximately 1,752 square feet. The brand was founded in 2012 by Alex Drexler, with…
Vornado Realty Trust said its 52% owned street retail joint venture has entered into an agreement to sell Japanese apparel brand Uniqlo the portion of its U.S. flagship store at 666 Fifth Ave. owned by the retail JV for $350…
San Diego-based fast casual chain Rubio’s Coastal Grill has filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code. The company is taking this action, which followed the closure of 48 locations across California earlier this week, to facilitate…
A building housing an Academy Sports + Outdoors in Brenham has sold for $10.26 million. SRS Real Estate Partners completed the sale of a newly developed 63,224-square-foot single-tenant retail property occupied by the sporting goods giant. The property has a…
It’s no secret that convenience store companies are as much in the real estate business as in retail. Very often, flipping a shrewdly bought parcel makes considerably more than selling super-sized soft drinks. One such instance is the recent sale…
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