Real Estate

New York - RKF has arranged two leases totaling 2,680-sq.-ft. at 1200 Madison Ave. on the Upper East Side of Manhattan with beauty retailer Bluemercury and upscale Scotland-based knitwear company Brora. The new Bluemercury, scheduled to the week of Oct. 6, will occupy 1,705-sq.-ft. and will be the brand’s second location on the Upper East Side.

New York – Aeropostale Inc. plans to launch the Aeropostale and P.S. from Aeropostale brands in Chile through a licensing agreement with Sociedad Comercial Grupo Yes S.p.A. ("Grupo Yes").

Aeropostale's expansion plans in Chile include the opening of standalone stores, department stores and multi-brand stores in select locations across Chile beginning in spring 2015. The Company's first Aeropostale store is scheduled to open in Parque Arauco in Santiago in October. P.S. from Aeropostale stores are expected to open beginning in early 2015.

New York -- Nordstrom is searching for about 250,000 sq. ft. of space in which to open a full-line store in downtown Manhattan, Women’s Wear Daily reported. Saks Fifth Avenue recently announced it will open downtown, as an anchor in Brookfield Place.

Nordstrom is scheduled open its first full-line store in the Big Apple, on 57th Street between Broadway and Seventh Avenue, in 2018.

Boston – Online home furnishings retailer Wayfair Inc. launches its initial public offering (IPO) today. The online home furnishings retailer is offering 11 million shares of common stock at $29 per share, which is above Wall Street projections.

The share offering includes 10.5 million shares of Wayfair stock and 500,000 shares from selling stockholders. Wayfair will not receive any proceeds from the selling stockholder shares, meaning the company should raise about $304.5 million in the IPO.

The world’s retail capital is turning it up yet another degree, as a hot landmark project geared toward commuters launches development.

Turnstyle is the reinvention of a span of underground corridor that runs from West 57th St. to the Columbus Circle/59th St. subway. The new iteration, slated for a fall 2015 opening, will feature 26,000 sq. ft. of space divided among more than 30 retail shops and restaurants, ranging from trendy kiosks to 1,000-sq.-ft. storefronts and offering everything from jewelry and cosmetics to grab-and-go food and smart gathering places.

San Francisco - Williams-Sonoma will reopen a retail store and cooking school in Sonoma, California, on Oct. 4, in the same location where the company opened its first store opened almost six decades ago. The timing also coincides with the 99th birthday of Chuck Williams, the company’s founder, on Oct. 2.

Fort Worth, Texas -- Trademark Property Co., the Fort Worth-based retail and mixed-use development, investment, and third-party services firm, announced that Kara Rafferty has joined the firm as director of leasing. An 18-year industry veteran, Rafferty will focus on Trademark’s leasing efforts throughout Texas.

As part of its agenda to boost liquidity ahead of the highly contested holiday shopping season, Sears Holdings plans to sell most of its 51% stake in its struggling Sears Canada division to shareholders — a move that stands to raise as much as $380 million by November.