Leasing

Wrentham, Mass. — Five new tenants have signed leases at Wrentham Village Premium Outlets in Wrentham. Pottery Barn is scheduled to open later this month at the property, which is also home to sister brand West Elm Outlet. Apparel retailers OFFLINE by Aerie, Hollister Co. and Gilly Hicks have also signed leases at the property. OFFLINE by Aerie will open this summer, and Hollister Co. and Gilly Hicks are scheduled to open this fall. Additionally, Shake Shack will open a restaurant in late winter of this year. Wrentham Village Premium Outlets …

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Michaels-at-Premier-Center

Canton, Mich. — Michaels has signed a 17,514-square-foot lease at Premier Center, a shopping center located in Canton. The new lease brings the property to full occupancy. Other tenants at the center include Kroger, Home Depot and Dick’s Sporting Goods. First National Realty Partners (FNRP) is the landlord. 

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Broad Reach Retail Mike Castellitto quote from article + headshot

No matter the economic climate, the formula for creating value in properties will always be a retail property owner’s best friend. That’s why Broad Reach Retail Partners uses a multi-faceted approach that includes data-driven key performance indicators (KPIs) to drive their plans of action, strategic redevelopment and ongoing budget updates that optimize net operating income (NOI). “Through focused management, leasing and discipline, we create value, and we are able to return those dividends to our partners, properties and people,” says COO Mike Castellitto. “We have seen time and time again …

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New York City — Brooklyn Fare Kitchen & Market has opened a 25,500-square-foot store within One Manhattan Square, an 800-foot-high residential tower located in Manhattan in New York City. This marks the largest New York City store to date for the grocer, which offers prepared foods, fresh bread, sushi, a deli, produce, frozen foods and organic products. The store also features a coffee bar. Other Brooklyn Fare locations in the city include Brooklyn, The West Village and Lincoln Square. 

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Center Valley, Pa. — Specialty sports retailer Rally House has signed a 5,903-square-foot lease at Promenade Saucon Valley, a shopping center located in Center Valley. Scheduled to open this summer, the store will be located between Barnes & Noble and J.Crew Factory. Other recently added tenants at the property include Five Guys Burgers & Fries, The Great Greek Mediterranean Grill, Club Champion, Fulton Bank, FD Market, Turning Point, Handmade Mystic and Lashses by Gab. 

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Chick-fil-A

Atlanta — Atlanta-based fast-casual brand Chick-fil-A will open four new restaurants in metro Miami. Chick-fil-A has broken ground on the first of the units, which will comprise 4,800 square feet in Cutler Bay. Dustin Griffiths of Chick-fil-A and David Emihovich of Katz & Associates represented Chick-fil-A in the lease negotiations. Michael Berkowitz of Berkowitz Development Group and Douglas Landsea of Landsea Development are the landlords. Development is scheduled to begin on three additional restaurants — which will be located in Miami Shores, Pinecrest and Princeton — later this year. 

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J.Crew-Factory_Watertown-Mass

Watertown, Mass. — Seven new tenants have signed leases at Arsenal Yards, a mixed-use development in Watertown, roughly 10 miles outside Boston. J.Crew Factory and Jersey Mike’s Subs are now open at the property. Additionally, Butterbird, Splash and Dash, Marvelous Cuts, Medium Rare and Squeeze Massage are scheduled to open later this year. Arsenal Yards, which is developed by Boylston Properties and Wilder Cos., totals more than 1 million square feet and features life sciences, residential and hospitality uses, in addition to retail and restaurant space. 

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Nordstrom-Rack

Queen Creek, Ariz. — Nordstrom Rack will open a 28,025-square-foot store at Queen Creek Marketplace, a retail center located in Queen Creek, approximately 40 miles southeast of Phoenix. Other tenants at the property, which totals 900,000 square feet, include Target, Kohls, Harkins Theatres, Trader Joe’s, Sephora, Handel’s Ice Cream, Reformed Pilates, Nothing Bundt Cakes and Little Flippers Swim School. Vestar is the developer, landlord and manager of Queen Creek Martketplace. 

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A strategic location and concierge business services have created robust growth in Moreno Valley, Calif.

Thriving enterprises seeking to broaden their reach recognize a prime destination in Southern California that consistently outperforms others: Moreno Valley. Companies such as Sprouts Farmers Market, Texas Roadhouse, 85°C Bakery, Raising Cane’s, Hilton, Capriotti’s Sandwich Shop and WoodSpring Suites are extending their presence in the city for good reason. They benefit from Moreno Valley’s unparalleled business-friendly atmosphere, a driven workforce, strategic positioning and competitive leasing rates. Fortune 500 and global corporations are flourishing in Moreno Valley, and below are some of the reasons why. Strategic Positioning Situated at the junction …

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Fashion-District-Easton-Town-Center_Columbus-Ohio

Columbus, Ohio — New retailers and restaurants are scheduled to open within Easton Town Center’s reimagined Fashion District in Columbus. Openings at the development, which totals 100,000 square feet, will include expanded flagship stores for Louis Vuitton, Sephora, L’Occitane and lululemon, as well as locations for new tenants including Chanel Beauty, David Yurman, Golden Goose, BOSS, Alo Yoga, Jo Malone, Faherty, Buck Mason, Bluemercury, Tecovas and Breitling. Other tenants at the property include Mastro’s, PBR Cowboy Bar + Smokehouse and Cooper’s Hawk Winery & Restaurant, which has been significantly remodeled. Cameron …

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