Investors buy retail building near Union Square as Saks Fifth Avenue Men"s Store nears departure

The retail building that is home to the Saks Fifth Avenue Men's Store in San Francisco's Union Square has been sold, about a month before the tenant's lease expires. City Center Realty Partners Partners and Angelo, Gordon & Co. have purchased the propert.....»»

Category: topSource: bizjournalsSep 16th, 2016

Sneak peek: Simon Property Group unveils new wing at Houston"s Galleria mall

Simon Property Group Inc. unveiled its latest renovation to the iconic Galleria mall. The Indianapolis-based retail developer (NYSE: SPG) is spending $30 million to transform the former Saks Fifth Avenue store into 110,000 square feet of new retail and r.....»»

Category: topSource: bizjournalsDec 13th, 2016

Talks to Combine Neiman Marcus and Saks Have Stalled

Takeover talks between Neiman Marcus Group Inc. and the parent of Saks Fifth Avenue have stalled, according to people familiar with the matter, leaving the department store owners to chart their own paths through a difficult retail landscape......»»

Category: smallbizSource: wsjJun 9th, 2017

​Global Japanese supermarket chain opens Monday at International Market Place

Global Japanese supermarket chain Mitsuwa Marketplace will open its first Hawaii location next week at the International Market Place. The 9,980-square-foot store is located on the second level near Saks Fifth Avenue, and plans to open on Monday. It wil.....»»

Category: topSource: bizjournalsMay 12th, 2017

Bloomfield retail development has name

The soon-to-be-built retail development on Liberty Avenue in Bloomfield now has a name. The Junction will be a two-building, 28,000-square-foot retail and restaurant development with 59 parking spaces. It's marketing the location for suites of 2,000 s.....»»

Category: topSource: bizjournalsMay 10th, 2017

Hawaii"s second Saks Off 5th store opening in Honolulu this week

Saks Fifth Avenue said Monday that its second Hawaii Saks Off 5th store will open on Thursday at Ala Moana Center. The 41,000-square-foot store will open on the first level of the former Nordstrom department store along Kapiolani Boulevard. Saks will.....»»

Category: topSource: bizjournalsMay 8th, 2017

Bloomington: "Don"t pitch retail for this spot." Hy-Vee: "How about retail?"

A high-profile, long-empty parcel near Interstate 494 and Lyndale Avenue, one pegged by Bloomington officials as a good spot for a multistory office building, may end up as a small-format Hy-Vee store instead. Finance & Commerce reports that the .....»»

Category: topSource: bizjournalsMay 3rd, 2017

Publix pays $23M to buy new retail center in Miami-Dade

Publix Super Markets acquired the building housing its West Miami store for $23.2 million. Imperial Orion, an affiliate of Miami-based Orion Real Estate Group, was the seller of the property at 1500 S.W. 57th Avenue. The seller was represented by Berko.....»»

Category: topSource: bizjournalsApr 27th, 2017

Sale of Tiffany Building in Union Square draws sparkling array of suitors to "beauty queen"

The sale of the Tiffany building in San Francisco attracted a glittering array of international investors hoping to pick up one of the real estate jewels of Union Square. A European company targeting high-profile sites snapped up the property last year. .....»»

Category: topSource: bizjournalsMar 23rd, 2017

2 more tenants join office building near Union Station

Two new tenants have been announced at 1601 Wewatta, a 300,000-square-foot office building developed by Hines and Jordon Perlmutter & Co., joining one other office tenant and two retail tenants in the building. Agility Recovery, a provider of disas.....»»

Category: topSource: bizjournalsMar 2nd, 2017

Beavercreek spec retail building continues to land tenants

A spec retail building under construction in Beavercreek continues to land tenants. Mills Development signed a lease for a new Verizon store to open as a tenant in the 7,500-square-foot retail building, first announced by the DBJ in May, according t.....»»

Category: topSource: bizjournalsJan 18th, 2017

EXCLUSIVE: Tuft & Needle buys historic Paper Heart building on Grand

Mattress retail startup and Phoenix cheerleaders Tuft & Needle have purchased an historic and iconic building on Grand Avenue. Owners JT Marino and Daehee Park bought a 6,000-square-foot building at 750 Grand Ave., most recently known as the Paper.....»»

Category: topSource: bizjournalsJan 7th, 2017

A look inside Target"s Ala Moana Center store: Slideshow

Target’s new store in the former Nordstrom space at Ala Moana Center in Honolulu is expected to open by August and will encompass about 140,000 square feet in two floors above the planned Saks Fifth Avenue Off 5th store, Pacific Business News has learne.....»»

Category: topSource: bizjournalsNov 2nd, 2016

ON THE SCENE: This week’s sales and exclusives under $10 million

ARM Real Estate Group announced they have been hired to handle the sale of 165-06 – 165-12 Jamaica Avenue in Jamaica, Queens (between 165th Street and Merrick Boulevard). The two-story retail/office building is 13,125 square feet with a full basemen.....»»

Category: realestateSource: realestateweeklyOct 11th, 2016

Saks Fifth Avenue Opens Boutique-Like Downtown Store Showcasing Emerging Fashion Talent

Saks Fifth Avenue, the 92-year old New York luxury retailer, is set to open its glittering new outpost in Battery Park City’s Brookfield Place tomorrow. The 86,000 square foot, two-story space represents new territory for the company towards a more .....»»

Category: smallbizSource: forbesSep 8th, 2016

Retail REITs Undervalued but Lack Stability

The sector narrative needs to “stabilize” around sales and store fleets before general equity investors will wade in......»»

Category: topSource: barrons22 hr. 46 min. ago

North Broad hotel aimed at the "traveling millennial" nears opening

The final touches are being made for the upcoming opening of a Center City hotel aimed at the "traveling millennial," a property that still has nearly 4,000 square feet of leasable retail space at street level. The Aloft Philadelphia Downtown, convert.....»»

Category: topSource: bizjournalsAug 16th, 2017

Lululemon Is Opening Its First Detroit Store, Joins Downtown"s Retail Avenue

Detroit is putting on its yoga pants. Lululemon Athletica inc. (NASDAQ: LULU) is opening its first store in the city this fall. read more.....»»

Category: blogSource: benzingaAug 15th, 2017

Korean investors buy Walgreens flagship Honolulu store for $42M

Colliers International in Los Angeles negotiated the deal of the 37,000-square-foot property, which was put back on the market last March......»»

Category: topSource: bizjournalsAug 3rd, 2017

Downtown’s newest apartments to offer dozens of choices, ‘sexy bathrooms’

The nearly $70 million transformation of the former 309 Vine building from offices to 294 luxury apartments, 45,000 square feet of class A creative office space, street-level retail, and restaurants is nearing completion......»»

Category: topSource: bizjournalsJul 31st, 2017

Buyers of Miami Design District site plan retail building

Tricera Capital and LNDMRK Development bought a site in the Miami Design District and plan to build a three-story retail building there. KTP Land Ltd., managed by Margaret Okonkwo, sold the 4,600-square-foot lot at 4112 N.E. 1st Ave. for $2.8 mill.....»»

Category: topSource: bizjournalsJul 24th, 2017