Content about Company Location

April 21, 2014

Newmark Grubb Knight Frank Retail Services has appointed Jessica Curtis as senior managing director in the Greenwich, Conn., office.

Greenwich, Conn.Newmark Grubb Knight Frank Retail Services has appointed Jessica Curtis as senior managing director in the Greenwich, Conn., office. Curtis will represent national clients in their expansion plans and work with local entrepreneurial retailers and restaurants ready to grow beyond their current locations.

April 21, 2014

A number of recent class actions highlight three California privacy laws that were rarely litigated a decade ago.

By Amy Lally and Leah Abeles, Sidley Austin LLP

April 15, 2014

Modell’s Sporting Goods announced it has hired Deborah Fine to fill a newly created role on its executive leadership team, chief commercial officer.

New York -- Modell’s Sporting Goods announced it has hired Deborah Fine to fill a newly created role on its executive leadership team, chief commercial officer. Among other duties, Fine will head up the retailer’s digital strategy, transforming Modell’s into an Omnichannel retailer.

April 10, 2014

Rite Aid announced it has acquired Houston-based RediClinic, one of the nation’s leading operators of retail clinics.

Camp Hill, Pa. — Rite Aid on Thursday announced it has acquired Houston-based RediClinic, one of the nation’s leading operators of retail clinics. RediClinic currently operates 30 clinics in the greater Houston, Austin and San Antonio areas. Through the acquisition, RediClinic will operate as a wholly owned subsidiary of Rite Aid. 

Details of the transaction were not disclosed.

April 10, 2014

In the wake of acquiring Houston-based RediClinic, Rite Aid on Thursday reported revenues of $6.6 billion for the fourth quarter ended March 1, resulting from a 2.2% lift primarily attributed to an increase in pharmacy same-store sales.

Camp Hill, Pa. — In the wake of acquiring Houston-based RediClinic, Rite Aid on Thursday reported revenues of $6.6 billion for the fourth quarter ended March 1, resulting from a 2.2% lift primarily attributed to an increase in pharmacy same-store sales. For the full year, Rite Aid reported $25.5 billion in revenues, up 0.5%.

April 9, 2014

Corner Bakery Café has signed a new multi-unit development agreement with Holm Bake, LLC, headquartered in Winter Park, Fla., which plans to open its first of 17 restaurants in the Orlando, Fla., area next year and the remaining sites over the following six years.

Dallas -- Corner Bakery Café has signed a new multi-unit development agreement with Holm Bake, LLC, headquartered in Winter Park, Fla., which plans to open its first of 17 restaurants in the Orlando, Fla., area next year and the remaining sites over the following six years.

April 8, 2014

New York City is the world’s retail hub — and within the city are major opportunities for retail expansion.

By Scott Klatsky, director of retail leasing, Time Equities, Inc.

New York City is the world’s retail hub — and within the city are major opportunities for retail expansion.

In fact, Time Equities, Inc., has availabilities all over Manhattan — from Greenwich Village/NYU to Midtown to Upper West Side to Tribeca to Financial District ... even Brooklyn Heights.

April 8, 2014

Adidas Originals Collective (in Footaction)
Design/architecture: Big Red Rooster, Columbus, Ohio
Construction: Footaction, New York City
Lighting: Artemide/Voltage, Cincinnati
Fixtures/wallcoverings: G3K Displays, New York City; MDC Wall, New York City; Visual Magnetics, Mendon, Mass.
Flooring: Questmark Flooring, Allentown, Pa.; Bolon/Mats, Stoughton, Mass.

AT&T, Atlanta
Design/architect: Callison, Seattle
General contractor: US Communcations, Alpharetta, Ga.

April 7, 2014

Berkshire Partners LLC, the Boston-based investment firm, and Glen T. Senk, a New York-based retail and consumer executive, are partnering to co-invest in innovative, high-growth retail and consumer businesses.

Boston -- Berkshire Partners LLC, the Boston-based investment firm, and Glen T. Senk, a New York-based retail and consumer executive, are partnering to co-invest in innovative, high-growth retail and consumer businesses. Berkshire Partners has initially committed $350 million to future investments alongside Senk and his newly formed firm, Front Row Partners LLC, where he serves as chairman and CEO.

April 2, 2014

Inland Real Estate Corporation has announced the acquisition of Mokena Marketplace in Mokena, Ill., an affluent suburb located within the Chicago metropolitan area for $13.7 million in cash.

Oak Brook, Ill. — Inland Real Estate Corporation has announced the acquisition of Mokena Marketplace in Mokena, Ill., an affluent suburb located within the Chicago metropolitan area for $13.7 million in cash.

April 1, 2014

Rite Aid on Tuesday announced it has acquired Boston-based Health Dialog Services Corp., a provider of health coaching, shared decision making and healthcare analytics from Bupa, a London-based international healthcare services group.

Camp Hill, Pa. -- Rite Aid on Tuesday announced it has acquired Boston-based Health Dialog Services Corp., a provider of health coaching, shared decision making and healthcare analytics from Bupa, a London-based international healthcare services group. Through the acquisition, Health Dialog will operate as a wholly owned subsidiary of Rite Aid.

April 1, 2014

SRS Real Estate Partners, in partnership with Cresa Toronto, has opened an office in Toronto, Canada.

Dallas — SRS Real Estate Partners, in partnership with Cresa Toronto, has opened an office in Toronto, Canada. It is the company’s first Canadian office and second international location. Jamie Grossman, managing principal for Cresa Toronto will oversee the new office, while SRS has brought in Lindsay Ryder as first VP for SRS.

March 31, 2014

The Grossman Cos. and Summit Development LLC have joined forces to acquire a 5,728-sq.-ft. retail building in Westport, Conn., for $2.7 million.

Quincy, Mass. — The Grossman Cos. and Summit Development LLC have joined forces to acquire a 5,728-sq.-ft. retail building in Westport, Conn., for $2.7 million.

Located in one of Fairfield County’s most affluent towns, the building is adjacent to the Westport Metro North train station and offers easy access to an exit from Interstate 95.

Approximately 131,000 vehicles pass the building on I-95 every day, followed by another 14,000 vehicles on Route 33. Average annual household income in Westport is $170,000.

March 28, 2014

Saddled with high levels of debt and sluggish sales, Brookstone Inc. is preparing to file for bankruptcy protection, with a plan already in place to be bought by specialty retailer Spencer Spirit Holdings Inc.

New York -- Saddled with high levels of debt and sluggish sales, Brookstone Inc. is preparing to file for bankruptcy protection, with a plan already in place to be bought by specialty retailer Spencer Spirit Holdings Inc.

March 25, 2014

Cedar Realty Trust has completed the acquisition of Quartermaster Plaza in Philadelphia.

Port Washington, N.Y. — Cedar Realty Trust has completed the acquisition of Quartermaster Plaza in Philadelphia. The 456,000-sq.-ft. grocery-anchored shopping center is 98% occupied and anchored by a BJ’s Wholesale Club.

Cedar acquired the center for $92.3 million, including the assumption of $53.4 million of fixed rate debt. The company expects ultimately to fund deal with proceeds anticipated from asset sales. Pending those sales, Cedar will use it existing credit facility.

March 24, 2014

Tiendas Soriana S.A. de C.V., Mexico’s second largest retail company, and Hanwha Q CELLS, a leading full-service solar power companies, announced a 20-year power purchase agreement for 31 megawatts (MW) of photovoltaic (PV) solar power at 120 retail locations across Mexico that will create significant long-term energy savings for Soriana.

Monterrey, Mexico -- Tiendas Soriana S.A. de C.V., Mexico’s second largest retail company, and Hanwha Q CELLS, a leading full-service solar power companies, announced a 20-year power purchase agreement for 31 megawatts (MW) of photovoltaic (PV) solar power at 120 retail locations across Mexico that will create significant long-term energy savings for Soriana. Soriana operates more than 640 grocery and department stores.

March 21, 2014

Stirling Properties has announced the opening of a full-service Walgreens in Terrytown on the Westbank of New Orleans.

Covington, La. Stirling Properties has announced the opening of a full-service Walgreens in Terrytown on the Westbank of New Orleans. The new drugstore stands on the site of a former shopping center anchored by an A&P Grocery store and an Eckerd Drug store.

March 20, 2014

Houston-based developer NewQuest Properties is reportedly planning to build a roughly 22-acre shopping center in southwest Shreveport, La.

Shreveport, La. – Houston-based developer NewQuest Properties is reportedly planning to build a roughly 22-acre shopping center in southwest Shreveport, La. According to the Shreveport Times, the center will be known as Camp Forbing Town Center and be located on a 47-acre parcel owned by the YMCA.

March 17, 2014

Greenway Investment Co. has acquired Denton Town Center in Denton, Texas, from a family trust represented by the Dallas office of Transwestern.

Dallas -- Greenway Investment Co. has acquired Denton Town Center in Denton, Texas, from a family trust represented by the Dallas office of Transwestern. Dollar-Flowers Realty Partners represented Greenway.

March 11, 2014

Cardtronics, Inc. has expanded its relationship with Tedeschi Food Shops, a Rockland, Mass.-based convenience store company.

Houston – Cardtronics, Inc. has expanded its relationship with Tedeschi Food Shops, a Rockland, Mass.-based convenience store company. The broadened agreement names Cardtronics the exclusive ATM services provider for Tedeschi Food Shops. Cardtronics is the world’s largest retail ATM owner.

March 10, 2014

Mattress Firm Holding Corp. has entered into an agreement to acquire the outstanding equity interests of Sleep Experts Partners L.P., which operates Sleep Experts retail stores in Texas.

Houston -- Mattress Firm Holding Corp. has entered into an agreement to acquire the outstanding equity interests of Sleep Experts Partners L.P., which operates Sleep Experts retail stores in Texas. In addition, Mattress Firm completed the acquisition of substantially all of the assets and operations of Yotes, Inc., which operated stores under the Mattress Firm brand in Colorado and Kansas, as well as the Virginia retail operations of Southern Max LLC.

March 10, 2014

Rite Aid introduced a new program, dubbed Rite Aid Health Alliance, which is a health management collaboration among various healthcare providers that provides comprehensive care and support to individuals with chronic and poly-chronic health conditions and helps them achieve health improvement goals established by their physicians.

CAMP HILL, Pa. — Rite Aid introduced on Monday a new program, dubbed Rite Aid Health Alliance, which is a health management collaboration among various healthcare providers that provides comprehensive care and support to individuals with chronic and poly-chronic health conditions and helps them achieve health improvement goals established by their physicians.

March 6, 2014

Cumberland Farms is reportedly selling 27 stores in New Jersey, Delaware, and Pennsylvania, to Petroleum Marketing Group, based in Woodbridge, Va.

Framingham, Mass. – Cumberland Farms is reportedly selling 27 stores in New Jersey, Delaware, and Pennsylvania, to Petroleum Marketing Group, based in Woodbridge, Va. According to the Boston Globe, the stores will continue to operate as convenience stores and all roughly 600 affected employees are expected to keep their jobs.

Cumberland Farms will focus on its nearly 600 remaining stores in New England, New York, and Florida. Both companies are private and terms were not disclosed.

March 5, 2014

Following RadioShack’s surprise announcement that it will close 1,100 stores in an attempt to staunch the flow of red ink, the company has retained Melville, N.Y.-based A&G Realty Partners to manage the disposition.

Following RadioShack’s surprise announcement that it will close 1,100 stores in an attempt to staunch the flow of red ink, the company has retained Melville, N.Y.-based A&G Realty Partners to manage the disposition.

“In the coming weeks we’ll be working with our landlords to find an efficient and cost-effective means to exit these unprofitable locations, and as such, we’ve engaged A&G Realty to assist us in this process,” said John W. Feray, RadioShack’s CFO, during a March 4 earnings conference call.

March 5, 2014

E-Commerce China Dangdang Inc., a business-to-consumer e-commerce company in China, has entered into a strategic partnership with Yhd.com, whereby each company launches a flagship channel on the other's platform.

Beijing - E-Commerce China Dangdang Inc., a business-to-consumer e-commerce company in China, has entered into a strategic partnership with Yhd.com, whereby each company launches a flagship channel on the other's platform. Yhd.com is a business- to-consumer e-commerce platform for food, beverages and imported food products in China and is majority owned by Wal-Mart Stores Inc.