Content about Renting

April 25, 2014

Winick Realty Group has completed leasing the 12,919 sq. ft. of retail space at Gantry Park Landing, a new, 199-unit luxury rental building in Long Island City.

New YorkWinick Realty Group has completed leasing the 12,919 sq. ft. of retail space at Gantry Park Landing, a new, 199-unit luxury rental building in Long Island City.

Winick represented The Lightstone Group, the building’s owner, in three lease transactions.

November 26, 2013

Dollar General, Lily’s As Seen on TV, Sunrise Pizzeria and General Nutrition Corporation have all signed leases for retail space in Virginia, according to Divaris Real Estate, which represented the shopping centers in the transactions.

Virginia Beach, Va. — Dollar General, Lily’s As Seen on TV, Sunrise Pizzeria and General Nutrition Corporation have all signed leases for retail space in Virginia, according to Divaris Real Estate, which represented the shopping centers in the transactions.

Dollar General renewed its lease for 6,720 sq. ft. in the Divaris-leased and –managed Glenwood Shoppes in Norfolk.

September 20, 2013

Divaris Real Estate has renewed two retail leases totaling more than 9,500 sq. ft. in Richmond, Va.

Richmond, Va. — Divaris Real Estate has renewed two retail leases totaling more than 9,500 sq. ft. in Richmond, Va.

Aaron’s renewed its lease for 8,008 sq. ft. in Brookhill Azalea Shopping Center, which DRE leases and manages for the landlord, BSV Premier Brookhill.

In a separate transaction, Subway renewed its lease for 1,575 sq. ft. at 360 West Shopping Center, which DRE leases and manages for the landlord, a partnership between HSW and RMW1.

August 5, 2013

During July, SRS Real Estate Partners www.srsre.com executed a host of transactions in major cities across the country:

Dallas — During July, SRS Real Estate Partners executed a host of transactions in major cities across the country:

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 6, 2013

Jones Lang LaSalle Retail Group said that vacancy rates should fall far enough to enable some landlords in every U.S. market to demand slightly higher rents — at some point over the next six months.

Atlanta -- Jones Lang LaSalle Retail Group said that vacancy rates should fall far enough to enable some landlords in every U.S. market to demand slightly higher rents — at some point over the next six months.

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.

 

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.

November 21, 2011

CNL Crosland Commercial Real Estate announced two new tenant signings and an expansion for an existing retailer at Blakeney, a retail shopping center in south Charlotte, N.C.

Charlotte, N.C. -- CNL Crosland Commercial Real Estate announced two new tenant signings and an expansion for an existing retailer at Blakeney, a retail shopping center in south Charlotte, N.C.

Flywheel Sports is slated to open at Blakeney in January. Accessory boutique Bijuju opened earlier in November, and Creative by Nature Home doubled its square footage and moved into a new space in September.

November 7, 2011

The president and CEO of Aaron's Inc. has resigned.

New York City -- The president and CEO of Aaron's Inc. has resigned.

Robert C. Loudermilk, the son of the company's founder, announced his resignation Friday afternoon. In a statement, the appliance and furniture-rental company said Loudermilk was leaving due to health reasons. He also resigned from Aaron's board of directors.

Ronald W. Allen, former chairman and CEO of Delta Air Lines, will serve as Aaron's interim president and CEO.

October 10, 2011

By Andy Thomas, president and COO, Virtual Premise, Inc.

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 6, 2011

A report released Tuesday by commercial real estate firm C.B. Richard Ellis said that 59% of U.S. retailers plan to open more stores due to the attractive rental rates available in the current market environment.

Los Angeles -- A report released Tuesday by commercial real estate firm C.B. Richard Ellis said that 59% of U.S. retailers plan to open more stores due to the attractive rental rates available in the current market environment.

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?

May 9, 2011

A trustee for bankrupt retailers Movie Gallery and Hollywood Video reached an agreement on Thursday with all 50 states over how the defunct company collects late fees and other charges from its former customers, the Associated Press reported.

New York City -- A trustee for bankrupt retailers Movie Gallery and Hollywood Video reached an agreement on Thursday with all 50 states over how the defunct company collects late fees and other charges from its former customers, the Associated Press reported.

The agreement bars debt collectors from filing negative credit reports or threatening to file such reports against former customers, the report said.

May 6, 2011

SRS Real Estate Partners said that Panera Bread has leased 6,926 sq. ft. on the ground-floor and basement levels at 120 E. 86th Street in Manhattan.

New York City -- SRS Real Estate Partners said that Panera Bread has leased 6,926 sq. ft. on the ground-floor and basement levels at 120 E. 86th Street in Manhattan.
      
The lease was arranged by way of a termination with the current tenant, Walgreens, and a new lease execution with Panera.

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.

March 1, 2011

Some highly unusual tenant mixes have been popping up everywhere in the retail market over the past couple of years.

By Jason S. Baker

February 23, 2011

cksonville, Fla.-based Regency Centers said it has named Jack deVilliers as leasing agent in Baltimore, Maryland and the New England area.

Vienna, Va. -- Jacksonville, Fla.-based Regency Centers said it has named Jack deVilliers as leasing agent in Baltimore, Maryland and the New England area. 

deVilliers will be responsible for leasing 13 operating properties, totaling 1.8 million sq. ft., in Maryland, Washington, D.C., Connecticut and Massachusetts.

Previously, deVilliers served as a retail leasing associate for commercial real estate broker KLNB Retail, handling tenant and landlord representation of new retail development projects.

February 16, 2011

Only 7% of executives believe their companies are extremely or very prepared to comply with new lease accounting standards proposed by the Financial Accounting Standards Board (FASB), according to a recent Deloitte survey.

New York City -- Only 7% of executives believe their companies are extremely or very prepared to comply with new lease accounting standards proposed by the Financial Accounting Standards Board (FASB), according to a recent Deloitte survey.

January 20, 2011

Amazon.com said Thursday it is buying Lovefilm, a European movie rental service akin to Netflix, according to a report by the Associated Press.

New York City -- Amazon.com said Thursday it is buying Lovefilm, a European movie rental service akin to Netflix, according to a report by the Associated Press.

Terms of the acquisition were not disclosed.

Lovefilm operates in the United Kingdom, Germany, Sweden, Norway and Denmark. Much like Netflix, it is a subscription-based service through which people can rent movies by mail or watch them on TV or any other device with a high-speed Internet connection. The company also offers TV shows and games.