Content about Leasehold estate

June 13, 2014

A new retail building is reportedly planned for the site of a former adult entertainment club in the Rego Park neighborhood of Queens.

Queens, N.Y. — A new retail building is reportedly planned for the site of a former adult entertainment club in the Rego Park neighborhood of Queens. According to the Queens Chronicle, a 20,000-sq.-ft. building will occupy the location once occupied by the Goldfingers nightclub, which has been shuttered since 1999. 

May 29, 2014

Skincare specialist Infinite Beauty has leased its first New York City location at 1031 Third Avenue and 61st Street, according to Faith Hope Consolo, chairman, and Joseph Aquino, executive VP of Douglas Elliman’s Retail Group, which represented both the landlord and tenant in the transaction.

New York — Skincare specialist Infinite Beauty has leased its first New York City location at 1031 Third Avenue and 61st Street, according to Faith Hope Consolo, chairman, and Joseph Aquino, executive VP of Douglas Elliman’s Retail Group, which represented both the landlord and tenant in the transaction.

The retailer has stores in affluent areas along the east and west coasts, from Boca Raton, Fla., to Annapolis, Md., and White Plains, N.Y., to Roseville, N.Y., and Palo Alto, Calif.

 

March 12, 2014

Two new tenants have signed into Warrenton Towne Center in Warrenton, Va., according to Divaris Real Estate, the broker representing Kalis Holdings, the landlord, in the transactions.

Virginia Beach, Va. — Two new tenants have signed into Warrenton Towne Center in Warrenton, Va., according to Divaris Real Estate, the broker representing Kalis Holdings, the landlord, in the transactions.

Regis Corporation leased 2,502 sq. ft. in the center for a beauty salon. The company owns, franchises or holds ownership interests in 9,763 locations worldwide.

August 8, 2013

Chain Store Age sat down with Stephen L. Hittman, CEO, Crossroads Cos., to discuss best practices for developing supermarket-anchored centers. Here’s what he had to say:

Over his 34-year commercial real estate career, Stephen L. Hittman has been developing supermarket-anchored shopping centers for 20 of those years. In 2001, he founded Crossroads Companies. As president and CEO of Crossroads, he has built a regional portfolio of supermarket-anchored centers valued at more than $200 million.

July 15, 2013

A first-of-its-kind document could go a long way toward cementing the sustainability relationship between retailer tenants and their shopping center landlords.

Washington, D.C. -- A first-of-its-kind document could go a long way toward cementing the sustainability relationship between retailer tenants and their shopping center landlords.

June 14, 2013

Two new tenants have leased the last 3,500 sq. ft. available at Cameron Chase Village Center, according to The Rappaport Cos., the broker representing the landlord.

Ashburn, Va. -- Two new tenants have leased the last 3,500 sq. ft. available at Cameron Chase Village Center, according to The Rappaport Cos., the broker representing the landlord.

Sharp Line Cuts Barber Shop took 1,400 sq. ft., and sit-down restaurant Sushi Noshi signed on for 2,100 sq. ft. Both plan to open in the fall.

 

March 4, 2013

NAI MLG Commercial announced that Tim Janusz and Brett Garceau have been promoted to VP.

Milwaukee -- NAI MLG Commercial announced that Tim Janusz and Brett Garceau have been promoted to VP.

Janusz specializes in office landlord and tenant representation, and Garceau specializes in the lease and sale of industrial properties.

 

March 1, 2013

Marks & Spencer, one of the leading retailers in the United Kingdom, is set to unveil a new property lease policy under which all new M&S stores will have ‘green’ clauses as standard enabling landlords and tenants to better manage a building's environmental performance.

New York -- Marks & Spencer, one of the leading retailers in the United Kingdom, is set to unveil a new property lease policy under which all new M&S stores will have ‘green’ clauses as standard enabling landlords and tenants to better manage a building's environmental performance.

September 24, 2012

By Sandra Gold Slon, attorney, Los Angeles-based TroyGould

By Sandra Gold Slon, attorney, Los Angeles-based TroyGould

August 15, 2012

Last June, two organizations — Retail Industry Leaders Association and International Council of Shopping Centers — co-sponsored a sustainability initiative that ultimately would set the bar for landlord/tenant partnerships.

The last 14 months haven’t been without bumps. Forging positive, mutually beneficial programs that involve cooperation from shopping center owners and their retail tenants has long been one of this industry’s greatest — and most frustrating — challenges.

April 25, 2012

One of the biggest storylines in retail over the past few months has been the legitimately good news that retailers are finally back in the hunt for space.

By Jason S. Baker

April 19, 2012

Divaris Real Estate Inc. announced the following lease transactions were completed for several retail tenants:

Virginia Beach, Va. -- Divaris Real Estate Inc. announced the following lease transactions were completed for several retail tenants:

A lease extension was signed with Tidewater Finance Co. for 25,516 sq. ft. of retail space in the DRE-leased and –managed Tidewater Plaza in Virginia Beach.

September 23, 2011

Welco Realty, an X Team Partner, said it has arranged a lease representing Pier 1 Imports for Rego Center, in Queens, N.Y., for 8,500 sq. ft.

New Rochelle, N.Y. -- Welco Realty, an X Team Partner, said it has arranged a lease representing Pier 1 Imports for Rego Center, in Queens, N.Y., for 8,500 sq. ft.

The firm represented both the landlord and tenant for leases at Bay Plaza Shopping Center, Bronx, N.Y., for 9,599 sq. ft. and at Summerhill Square, in East Brunswick, N.J., for 9,000 sq. ft.
 

September 9, 2011

By Robert Machson, general counsel, Total Occupancy Solutions

August 19, 2011

Katherine Field Boccaccio, Senior Editor with Chain Store Age, discusses the importance of and trends with grocery store anchor tenants on Michael Bull's America’s Commercial Real Estate Radio Show.

Each week, host Michael Bull of America’s Commercial Real Estate Radio Show interviews leading industry data providers to uncover the latest national market updates and best practices.

This week’s topic was Retail Tenant Strategies, and for his guest, Mr. Bull swung the mic over to our own Katherine Field Boccaccio, Senior Editor with Chain Store Age, to discuss the importance of and trends with grocery store anchor tenants. Click here to listen.

August 18, 2011

Katherine Field Boccaccio, Senior Editor with Chain Store Age, discusses the importance of, and trends with, grocery store anchor tenants on America’s Commercial Real Estate Radio Show.

Each week, host Michael Bull of America’s Commercial Real Estate Radio Show interviews leading industry data providers to uncover the latest national market updates and best practices.

This week’s topic was Retail Tenant Strategies, and for his guest, Mr. Bull swung the mic over to our own Katherine Field Boccaccio, Senior Editor with Chain Store Age, to discuss the importance of, and trends with, grocery store anchor tenants.

June 7, 2011

As part of our ongoing coverage of RECon, the annual retail real estate convention conducted by the International Council of Shopping Centers and held May 22-25 in Las Vegas, Chain Store Age talked with Adam Ifshin, president and CEO of Tarrytown, N.Y.-based DLC Management Corp., to get his take – post-convention – about the state of the industry.

What are your key takeaways from RECon 2011?

April 4, 2011

Sandra Gold Slon, real estate partner, TroyGould

By Sandra Gold Slon

Who needs an exit strategy? In this economy, most of us are aware of tenants facing difficulties in meeting their lease obligations. If we weren’t thinking about it front and center, it was brought front and center when Borders declared bankruptcy, closing hundreds of stores.

December 1, 2010

Eighteen months ago, the word in retail was contraction. Talk of expansion was mostly shelved, pending some kind of palpable turnaround in the economy.


Eighteen months ago, the word in retail was contraction. Talk of expansion was mostly shelved, pending some kind of palpable turnaround in the economy.


Today, as 2010 comes to a close and all eyes are trained on 2011, discussion about adding stores is supplanting talk of closures. But, caution the experts, retail growth should unfold slowly and strategically, and not with the optimistic abandon of years past.


November 17, 2010

RMC Property Group announced that it has added tenant representation to its scope of services that currently includes leasing and management, brokerage, owner and developer.

Tampa, Fla. -- RMC Property Group announced that it has added tenant representation to its scope of services that currently includes leasing and management, brokerage, owner and developer.

“In many ways, we have been practicing tenant representation for years, assisting our clients in backfilling empty boxes or securing new retail locations for tenants,” said Susie Rice, president of RMC Property Group.

To launch the new division, RMC Property Group has added real estate broker David Gibson.

October 11, 2010

What is an SNDA?
Tenants who become tired when reading complex and lengthy leases may be tempted to skip over a paragraph at the end of the document that starts with the words “Subordination, Non-disturbance, and Attornment” (SNDA).  However, the SNDA language has taken on new importance in this economic environment in which it is no longer shocking to learn that a commercial landlord has walked away from the mortgage on his major office building. 

June 21, 2010

A report released Monday by CB Richard Ellis found that 48 retail anchor transactions have...

June 9, 2010

With cutting costs top-of-mind for every retail chain trying to make ends meet in a lingering downturn, the National Retail Tenants Association (NRTA) is using its influence and expertise to address the occupancy side of the retail expense equation.

With cutting costs top-of-mind for every retail chain trying to make ends meet in a lingering downturn, the National Retail Tenants Association (NRTA) is using its influence and expertise to address the occupancy side of the retail expense equation.

September 30, 2009

Recent reports put tenant- and property-manager paper usage, including 160 million paper rent checks and...

March 31, 2007

Given that they house regional mall tenants and now, on occasion, even regional mall anchors,...