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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

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

Alaska Federal Credit Union pays $17M for Glendale property

Alaska USA Federal Credit Union has paid $17 million for a 2-story, 185,000-square-foot office building in Glendale, near its existing data center, branch and vacant land purchased over the past few several years. Dan McCue, senior vice president of c.....»»

Category: topSource: bizjournalsMar 22nd, 2017

Frank Gehry puts unfancy stamp on El Segundo office building (RENDERINGS)

Celebrity architect Frank Gehry has a handful of new projects in the works around Los Angeles: a commercial and residential development on Grand Avenue downtown, a retail and residential complex in Hollywood — and a rather modest one-story office.....»»

Category: topSource: bizjournalsMar 20th, 2017

Neiman Marcus Puts Itself Up for Sale As Business Shrivels

And Saks Fifth Avenue's owner is apparently interested. Pricey clothes and shoes aren’t the only things for sale at Neiman Marcus now. The luxury department store chain, reporting its sixth straight quarter of declining comparab.....»»

Category: europeSource: fortuneMar 14th, 2017

Planet Fitness moves into old Nordstrom building at Ala Moana Center

Planet Fitness will be joining Saks Fifth Avenue Off 5th and Target in the old Nordstrom building at Ala Moana Center in Honolulu, Pacific Business News has learned. On Monday, PBN broke the news that the New Hampshire-based international fitness c.....»»

Category: topSource: bizjournalsMar 14th, 2017

Saks Owner in Talks to Buy Neiman Marcus

The private-equity firms that own Neiman Marcus are in discussions to sell the struggling retail chain to rival Hudson’s Bay, which could put the business under the same owner as Saks Fifth Avenue......»»

Category: smallbizSource: wsjMar 14th, 2017

D-Mart tops IPO charts since 2010

Investors across segments queued up for the initial public offering (IPO) of Avenue Supermarts, which operates the successful retail chain D-Mart, mainly in Maharashtra and Gujarat. The Rs 1,840-crore offering, which closed on .....»»

Category: topSource: business-standardMar 10th, 2017

Investors queue up for D-Mart offering

Investors across segments queued up for the initial public offering (IPO) of Avenue Supermarts, which operates the successful retail chain D-Mart, mainly in Maharashtra and Gujarat. The Rs 1,840-crore offering, which closed on .....»»

Category: topSource: business-standardMar 10th, 2017

Sporting-goods store Scheels will take over Sears spot at Eden Prairie Center

The former home for Sears at Eden Prairie Center is getting a new, larger tenant. Scheels All Sports Inc. announced this week that a Scheels store will moving into the space and expanding it, creating 240,000 square feet of retail. The new store .....»»

Category: topSource: bizjournalsMar 9th, 2017

Amazon to open brick-and-mortar bookstore in Bellevue

Amazon.com is opening its 10th brick-and-mortar bookstore, and the latest one is in Bellevue. The store will be located in the Bellevue Square shopping center. Recode dug up building permits for the Bellevue store and confirmed the project with Amazon.....»»

Category: topSource: bizjournalsMar 8th, 2017

Lord & Taylor Owner Hudson"s Bay"s Bid for Macy"s Stumbles: Sources

Canada's Hudson's Bay Co, owner of the Lord & Taylor and Saks Fifth Avenue retail chains, has yet to line up equity financing for a bid for Macy's Inc, over a month after approaching its U.S. peer, people familiar with the matter said......»»

Category: topSource: foxnewsMar 3rd, 2017

Exclusive: Lord & Taylor owner Hudson"s Bay"s bid for Macy"s stumbles - sources

(Reuters) - Canada's Hudson's Bay Co , owner of the Lord & Taylor and Saks Fifth Avenue retail chains, has yet to line up equity financing for a bid for Macy's Inc , over a month after approaching its U.S. peer, people familiar with the matter said......»»

Category: topSource: reutersMar 3rd, 2017

Exclusive: Hudson"s Bay"s bid for Macy"s stumbles - sources

(Reuters) - Canada's Hudson's Bay Co , owner of the Lord & Taylor and Saks Fifth Avenue retail chains, has yet to line up equity financing for a bid for Macy's Inc , over a month after approaching its U.S. peer, people familiar with the matter said......»»

Category: topSource: reutersMar 3rd, 2017