News:
Brokerage
Posted: September 18, 2009
Flaum Management completes 7,087 s/f for Rainbow USA
Flaum Management Co., Inc., the region's premier full-service real estate company has negotiated a new 7,087 s/f lease for Rainbow USA, Inc. at Culver Ridge Plaza. This store will be the fourth new location in the Rochester market in the last 18 months. Scott Burdett, director of marketing for Flaum Management negotiated the deal on behalf of Rainbow.
Located at the corner of East Ridge and Culver Rds., Culver Ridge Plaza is a 227,000 s/f shopping center anchored by Regal Cinemas, A.J. Wright, Petco and Factory Card Outlet. Developers Diversified Realty owns the center and was represented in-house by Michael Smith, regional leasing manager.
As a leader in popularity priced apparel, Rainbow USA Inc. is a national chain that specializes in Junior, Plus sizes, and Children's apparel. Founded in 1935 and based in Brooklyn, NY, Rainbow has grown to well over 1000 stores nation wide, including Puerto Rico and the Virgin Islands. The Rainbow family includes: Rainbow, Rainbow Plus, Rainbow kids, One Price, Kidspot, Caren Charles, Fashion Cents, Best Price, Foxmoor, Emphasis, Ups N Downs. Departments: kids, juniors, plus sizes, footwear, intimate apparel and accessories.
Flaum Management Co. is a full-service commercial real estate company based in
Rochester, NY with extensive property holdings through the Northeast. Flaum Management Co. specializes in the development, redevelopment, and management of retail, office & industrial properties. Flaum Management also provides Landlord Representation, Tenant Representation & Site Selection, Investment Brokerage, Property Management, and Construction Management services.
Tags:
Brokerage
MORE FROM Brokerage
AmTrustRE secures 5,754 s/f lease with GKV Architects at 360 Lexington Avenue
Manhattan, NY AmTrustRE has executed a 5,754 s/f lease at its premier boutique Midtown East office tower, 360 Lexington Ave., with longtime partner GKV Architects. The award-winning firm will occupy a portion of the 14th floor. >“GKV Architects has been a trusted partner to AmTrustRE for over two decades, playing an integral role in shaping and elevating several
Columns and Thought Leadership
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman
July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
A fresh start - by Shallini Mehra and Amit Doshi
For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,
