Pearl
River, NY (February 2001): Katz & Associates,
a rapidly growing national retail real estate
firm, announces the addition of two new exclusive
clients, Mikasa® and Phillips-Van Heusen,
to its ever expanding roster, according to Daniel
B. Katz, President and CEO.
Katz has signed
an exclusive agreement to handle retail real estate
transactions for Mikasa in New Jersey, Connecticut,
Long Island, Westchester and the New York City
boroughs. Founded in 1948 and based in the U.S.,
Mikasa is a leader in tabletop fashion in dinnerware,
crystal stemware, flatware and decorative accessories.
The company currently operates close to 175 locations
in the United States and Canada.
Katz will focus
on opening approximately 10 new units in the company's
next fiscal year. The stores will be approximately
6,000 - 7,000 square feet.
In addition,
Katz will handle five-to-eight 3,500 - 4,500 square
foot stores for Phillips-Van Heusen during the
coming year. Currently operating approximately
600 stores, Phillips-Van Heusen has been mainly
an outlet retailer. However, the new retail facilities
will be placed in non-outlet shopping centers.
Phillips-Van Heusen is listed on the New York Stock
Exchange with the trading symbol PVH.
Howard Seiden,
Director of Real Estate, Metropolitan New York,
Katz & Associates, is handling these assignments.
Katz & Associates
Corporation is the largest and most widely recognized
retail real estate organization of its kind. The
firm serves leading national retailers in providing
representation in strip centers, regional malls
and city streets. Katz' services also include strategic
consulting, portfolio evaluation, comprehensive
mall leasing and repositioning programs, making
the company a complete retail real estate source.
|
|