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REAL ESTATE

  • Uniqlo to open Boston flagship

    New York -- Uniqlo is coming to Boston.

    The Japanese fast-fashion retailer will open its first permanent store in the city, a two-level, 12,000-sq.-ft. flagship in Faneuil Hall Marketplace in October.

    In a nod to its surroundings, the store will feature heavy earth tones, wood, and brick with the original walls of the structure exposed. Open ceilings will highlight the building’s original wood trusses.

  • Italian luxury brand opens first flagship

    New York -- An upscale men’s footwear brand has opened its first flagship, on Madison Avenue in Manhattan.

    Ibex Construction, New York-based firm specializing in high-end retail and corporate construction, has completed the first flagship boutique for Italian luxury brand Louis Leeman. The new retail space is modeled to resemble a classic Parisian home with a modern update featuring an antique marble fireplace, contemporary couches with lavish velvet cushions and custom interior designs that create an ambiance of sophisticated elegance.

  • Midwest retailer expanding

    Grand Rapids, Mich. -- Meijer is on the move in Wisconsin.  

    Continuing an estimated $750 million investment in Wisconsin, Meijer on Tuesday opened two more superstores in the state. The retailer announced plans to open two to three new Wisconsin locations per year through 2019.

    Meijer, which now operates 222 stores, entered Wisconsin just six weeks ago, with two stores. The retailer traditionally focused its growth on five states: Michigan, Ohio, Indiana, Illinois, and Kentucky.

  • Nation’s largest operator of wholly owned grocery-anchored centers acquires Boston property

    Marshfield, Mass. -- Brixmor Property Group has acquired Webster Square, an 182,756-sq.-ft., grocery-anchored community center located on Boston’s South Shore. Cushman & Wakefield oversaw the transaction of the Star Market-anchored community shopping center on behalf of Curtis Management.

  • Starbucks to open stores in lower-income urban areas, including Ferguson

    Seattle -- Starbucks Corp. is making good on its pledge to spur job growth among “opportunity youth,” or young people aged 16 to 24 who don’t have jobs and aren’t in school.

  • Saks to put best foot forward with new concept

    New York -- Saks Fifth Avenue is going to open a freestanding store dedicated to a hot category.

    The department store retailer plans to open a shoe store in Greenwich, Connecticut, in fall 2016, Women’s Wear Daily reported.

    The store, whose name has not yet been revealed, will be located close to an existing Saks Fifth Avenue store, which will no longer sell shoes.

    The new format will be modeled after Saks’ in-store 10022 shoe department, according to the report.

  • H&M expanding higher-end store banner in the U.S.

    London -- Fast-fashion giant H&M doesn’t let any grass grow under its feet.

    H&M is expanding its higher-end, minimalist-styled brand, COS (short for Collection of Style). The retailer plans to open four stores in the United States in 2015, starting this fall, with two new markets on tap. COS is also expanding into Canada, with stores set to open in both Montreal and Toronto later this year.

  • Baker Katz to remodel Houston retail property

    Houston - Baker Katz, an X Team International partner and full-service commercial real estate brokerage firm, has acquired a 4.5-acre property with plans to renovate two existing buildings totaling 33,000-sq.-ft. in Atascocita, in the Greater Houston area.

    The firm plans to renovate the two buildings that were constructed in 1984 to update the architecture and attract new retail tenants. Construction is slated to begin early next year. Jim Bayne with Investar Real Estate Services represented the seller for this transaction

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