REAL ESTATE

  • Neiman Marcus to open its first Manhattan store, at Hudson Yards

    New York -- The department store wars are sure to heat up in Manhattan with the announcement that Neiman Marcus is coming to the Big Apple. The luxury retailer will open its first-ever location in Manhattan, in 2018. The 250,000-sq.-ft. three-level store will help anchor the new Hudson Yards development, a multi-use project located on the city's West Side, between 30th and 34th Streets.

  • Present Value Properties names new VP

    Tustin, Calif. -- Retail real estate brokerage and consulting firm Present Value Properties announced that it has named Andrew McLean as VP. McLean, who will be based in the firm’s Tustin, California, office, most recently served as a VP with Lee & Associates.

  • Gabriel Kreuther, Bluestone Lane Coffee coming to midtown Manhattan

    New York -- RKF announced that it has arranged two new leases at the Grace Building in Midtown for chef Gabriel Kreuther’s first solo restaurant and Bluestone Lane Coffee. The Grace Building is co-owned by Brookfield and The Swig Company.

  • Peet’s Coffee & Tea opening 16 stores in Chicago market

    Chicago -- Peet’s Coffee & Tea is growing its footprint in the greater Chicago area, opening 16 stores in a phased rollout across the market this fall. Chicago is part of Peet’s aggressive U.S. expansion effort that began last year, which will bring its store total to nearly 300 locations nationwide by the end of the year.

  • SRS relocates Chicago office

    Dallas -- SRS Real Estate Partners announced the relocation of the Chicago office to 155 N. Wacker Drive, where the Chicago team will continue to provide retail real estate services to clients in metro Chicago and across the Midwest.

    The new SRS Chicago office is located in downtown Chicago in a LEED-Gold certified building just a few footsteps from the Chicago River.

     

  • Market Basket to open four to five stores

    Tewksbury, Mass. – The Market Basket supermarket chain is wasting no time in moving forward following its purchase by former CEO Arthur T. Demoulas for $1.5 billion on Aug. 28. According to the Boston Globe, Market Basket plans to open at least four new stores in Massachusetts the near future.

  • Haberdash to launch new retail format

    Chicago -- Men’s lifestyle retailer Haberdash will unveil a new retail "Convergence" concept at its store at the Roosevelt Collection in Chicago's South Loop.

    The "Convergence" model integrates the company's daily e-commerce operations into the store location; photo studio, pick, pack and ship and client services.

  • Mid-America arranges sale of Buttermilk Towne Center

    Cincinnati -- Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Buttermilk Towne Center in Crescent Springs (Cincinnati MSA), Kentucky. The 277,533-sq.-ft. center was purchased by Farmington Hills, Mich.-based Ramco-Gershenson Properties Trust for $42 million.

  • Eastwood Towne Center signs J. Jill

    Oak Brook, Ill. - Eastwood Towne Center has signed J.Jill, who selected Eastwood Towne Center as their only location in Central Michigan. This follows on the heels of recent opening announcements by Apple, Sephora, Gymboree and a newly expanded Forever 21, also exclusive to Eastwood in Central Michigan.

    The 3,600-sq.-ft. J. Jill store will be located next to Express and American Eagle. J.Jill is expected to open in the late fall.

  • West Elm to open in Pittsburgh

    Brooklyn, N.Y. -- Home furnishings retailer West Elm will open a store in Pittsburgh, on Sept. 4.

    Located in Bakery Square, the new store will feature a curated selection of products made in Pennsylvania, part of West Elm’s Local initiative. The initiative, launched this year, taps into local entrepreneurship by empowering the teams in West Elm stores to find area makers and designers, building and nurturing a creative network that celebrates craftspeople and differentiates the brand with regional assortments.

X
This ad will auto-close in 10 seconds