NEW YORK CITY — Whole Foods Market has signed a lease for 39,000 square feet at 1551 Third Ave. on Manhattan's Upper East Side. The grocery store is expected to open in 2014 and will mark the company's eighth location in Manhattan. The three-level store will stretch along the entire block front between 87th and 88th streets. Gary Alterman of RKF represented the property owner, Milstein Properties, in the transaction. Chase Welles and Jacqueline Klinger of SCG Retail represented the tenant.
DALLAS — Chef John Coleman will open a restaurant and food kiosk in the new Klyde Warren Park, a 5.2-acre deck park built above Woodall Rodgers Freeway next to downtown and uptown Dallas. Savor, the restaurant, will be a gastropub featuring a custom mixology program. Bill Johnson of Atlanta-based Johnson Studios is designing the restaurant's interior. Savor will debut as a food truck until the restaurant is delivered in mid-2013. Relish, a permanent kiosk, will be a companion to Savor.
DENVER — Cabela's, a national sporting goods and outdoor store, has purchased a 10.68-acre retail site in Denver for $3.7 million. It is located on the Southwest corner of Interstate 25 and Ridgegate Parkway. A 105,000-square-foot Cabela's is set to be constructed on the site. It is scheduled to open in spring 2013. The site is part of a 30-acre retail master-planned development.
CORAL SPRINGS, FLA. — Cypress Wood Plaza, a 41,908-square-foot retail center at 10412 W. Atlantic Blvd. in Coral Springs, has sold for $4.25 million. The property includes two retail buildings and a 7,000-square-foot out parcel. It is 80 percent occupied with local and regional tenants including VCA Animal Hospital, Bike America and Martinizing Dry Cleaners. Robert Granda and Douglas Mandel of Marcus & Millichap’s Fort Lauderdale, Fla. office represented the seller, a Coral Springs-based private investor.
BINGHAM FARMS, MICH. — Versa Development is constructing a 9,000-square-foot retail property in the parking lot of the company's Bingham Office Center, located at Telegraph Road and 13 Mile Road in Bingham Farms. The development will include three fast-casual restaurants: DiBella's Old Fashioned Submarines, Qdoba Mexican Grill and a restaurant that is yet to be announced. Due to the lack of restaurants in the area, Versa expects the development will attract office tenants and the general public. Versa is partnering with Farbman Group and the Village of Bingham Farms on the project. The complex is expected to open this winter.
WESTMONT, ILL. — Fresh Enterprises has opened a new Canyons Burger Co. restaurant at 243 W. 63rd St., inside the Westmont Yard Indoor Sports complex in Westmont. The new 2,500-square-foot restaurant is locally owned and operated by Westmont Yard Sports Complex owner, William Gust. The restaurant will celebrate its grand opening with “Kids in Uniform Eat Free” on weekends in October.
NEW BERLIN, WIS. — Fannie May Chocolates has signed a 1,398-square-foot lease at Moorland Square Shopping Center in New Berlin. Joe Kleiman of Mid-America Real Estate-Wisconsin represented Fannie May in the transaction. The property owner, Brixmor Property Group, was represented in-house by Dana Meadowcraft.
PORT WASHINGTON, N.Y. — A joint venture between Vastgood Properties and a fund managed by Prudential Real Estate Investors has acquired a portfolio of seven supermarket-anchored shopping centers for $104 million. The seller was Cedar Realty Trust Partnership. The properties total 561,000 square feet and six are anchored by Giant Food stores, with one anchored by Nell's Supermarket. The properties include: Aston Center in Aston, Pa.; Ayr Town Center in McConnellsburg, Pa.; Parkway Plaza in Mechanicsburg, Pa.; Pennsboro Commons in Pennsboro, Pa.; Scott Town Center in Bloomsburg, Pa.; Spring Meadow Shopping Center in Reading, Pa.; and Stonehedge Square in Carlisle, Pa. The properties are more than 95 percent occupied.
NEW YORK CITY — Premier Equities has acquired a retail condominium at 57-63 Greene St. in Manhattan's SoHo neighborhood for $17 million. The property is fully occupied by Cyrus Co. and Raul Carasso, two home furnishing companies, and Bang & Olufsen, the global audio systems retailer. A 53,725-square-foot loft building is located atop the retail space, which is scheduled for a condominium conversion. Peter Hauspurg, David Schechtman, Lipa Lieberman, Marion Jones and Gary Meese represented the seller, Aion Partners, in the transaction.
ST. CLAIR AND CRANBERRY TOWNSHIP, PA. — Dick's Sporting Goods is opening two news store in Pennsylvania today. The stores have opened at South Hills Village Mall, located at 301 South Hills Village Drive in Upper St. Clair, and Cranberry Crossing, located at 2021 Mackenzie Way in Cranberry Township. Additionally, a ribbon cutting ceremony will be held Friday, Oct. 19. At the Cranberry Township store, Friday's appearances will include Pittsburgh Steelers linebacker Larry Foote and University of Pittsburgh men's basketball coach Jamie Dixon. At the St. Clair store, Pittsburgh Steelers wide receiver Emmanuel Sanders and Pittsburgh Steeler Jerome Bettis will be present this Friday.