Skip to main content

Real Estate

  • The Tile Shop expands in Michigan

    The Tile Shop has expanded its presence in greater Detroit with the opening of its sixth metro store in Troy.    The new location features 14,750 sq. ft. of showroom space and over 4,000 tile designs for consumers and the professional trade. It also features more than 30 fully decorated displays providing design inspiration  

  • Herberger’s backfills Macy’s hole in LaCrosse

    Herberger’s has moved to a new location at the Valley View Mall in LaCrosse, Wisconsin, “right-sizing” to a 100,000-sq.-ft. space in a spot recently vacated by Macy’s. Herberger’s was the sixth tenant to backfill vacant department store space at a PREIT-owned mall this year.  

  • Footwear giant opens first store in Saudi Arabia

    DSW Inc. is making good on its promise to create a foothold in the Persian Gulf.   The footwear giant opened of its first warehouse store in the Kingdom of Saudi Arabia. The new 15,000-sq.-ft. store is located at the Mall of Dhahran.   

  • First Look: Hot online start-up opens NYC store

    The maker of what it calls "the world's most comfortable shoes" has set up shop in New York City.   Allbirds, the eco-friendly online brand with a fast-growing and devoted following (especially in the Silicon Valley), has opened its second brick-and-mortar location, in Manhattan's SoHo neighborhood. The company opened its first store, on the ground floor of its San Francisco headquarters, in April.  

  • Online giant expands its fulfillment network in Michigan

    Amazon is further bolstering its presence in The Wolverine State.   The online giant will open a new, 1 million sq. ft. fulfillment center in Shelby, Michigan. The building is set to open in 2018.   The warehouse will focus on picking, packing and shipping large items, like household decor, sporting equipment and gardening tools. These operations will be managed by approximately 1,000 associates, according to Amazon.  

  • Experiential retailer in store closings

    High-end bath, kitchen and appliance retailer PIrch is relying on its California roots for future growth.  

  • Department store retailer steps back from the off-price retail game

    Off-price retailing is hot, but Neiman Marcus is emphasizing what it knows best.    Neiman Marcus will close 10 of its 37 off-price Last Call stores in order to focus on its full-line luxury department stores. Prior to the news, the retailer has already closed three Last Call outlets this year, including its locations at Allen Premium Outlets, Allen, Texas, and Legacy Place in Dedham, Mass.   

  • Done deal: Staples goes private

    Staples is done trading on Nasdaq.   Sycamore Partners announced that it has completed its acquisition of the office supply giant. Under the terms of the deal, which was announced in June, Staples was acquired by the private equity firm in a transaction valued at approximately $6.9 billion.   
X
This ad will auto-close in 10 seconds