REAL ESTATE

  • Saks Fifth Avenue to relocate Houston Galleria flagship

    Houston -- Saks Inc. will open a new flagship store immediately adjacent to its existing location in the Houston Galleria, featuring 198,000 sq. ft. over two levels and a state-of-the-art store design. The current store will remain open until the new store opens in fall 2015. Once the old store closes, it will be converted to a two-level mall wing connecting the new Saks to Neiman Marcus and adding 35 retailers and restaurants.

  • Atrium acquires Galeria Dominikanska

    Wroclaw, PolandAtrium European Real Estate has acquired the Galeria Dominikanska shopping center in the Polish city of Wroclaw for E151.7 million, according to Dentons Europe, which advised Atrium on the transaction.

    Atrium owns operates and develops retail real estate and shopping centers in Central and Eastern Europe.

  • NYC’s new Pier 57 complex renamed SuperPier

    New York -- Youngwoo & Associates (YWA) announced that the Pier 57 development at West 15th Street in Hudson River Park, Manhattan will now be officially known as SuperPier. Constructed in 1952, Pier 57 was an engineering marvel, built on three giant buoyant and hollow concrete boxes, or concrete caissons. Described as indestructible, it was dubbed “Super Pier” when it opened.  

    The anchor tenants for the new development include:

  • The Dump opens Lombard, Ill., furniture outlet

    Lombard, Ill. — The Dump is opening a new 134,000-sq.-ft. furniture outlet location in Lombard, Ill., today.

     Official opening festivities began at 8:30 a.m. CT with a ribbon-cutting ceremony that will be followed by musical acts.

  • Modell’s opens new Long Island stores

    New York — Modell’s Sporting Goods will celebrate the grand opening of two new stores in Long Island today. The stores are located in the Huntington Shopping Center and Fivetowns Shopping Center.

    The new stores will boost the company’s store-count to 155.

     

  • Whole Foods Market announces plans for store on Chicago’s South Side

    Chicago -- Whole Foods Market plans to open an 18,000-sq.-ft. store on Chicago’s South Side, in the impoverished Englewood neighborhood, in 2015. The store will be built as part of a larger development at the northwest corner of South Halsted and West 63rd Streets. The retail portion of the site is being developed by DL3.

  • Deliv and GGP make same-day-delivery plan

    Palo Alto, Calif. — A subsidiary of General Growth Properties has partnered with Deliv, a company that provides national multichannel retailers with low-cost same-day delivery through crowd-sourced drivers. The initiative aims to meet evolving consumer demands for swifter delivery.

  • Corner Bakery Café expanding in Northeast Florida, Tampa, and San Diego

    Dallas -- Corner Bakery Cafe continues to expand as it moves forward on its goal to more than double its U.S. footprint in the next three to four years. The company announced plans to expand in several areas, including Northeast Florida, Tampa, and San Diego.

    Corner Bakery Cafe said it will open as many as ten new restaurants in Northeast Florida as part of a new multi-unit restaurant franchise agreement with Lee-Wesley Group. These will be the first Corner Bakery Cafes in the Northeast Florida area.

  • DSW announces two new store openings

    Columbus, Ohio — DSW has opened two new footwear, handbag and accessories stores, one in Norman, Okla., and a second in Victor, N.Y.

    The new stores bring the total number of DSW stores to 379. Locations include 42 states, the District of Columbia and Puerto Rico.

     

  • DSW signs three leases from New York to Oklahoma

    Columbus — Designer Shoe Warehouse — DSW — has announced the opening of three new stores across the country.

    The locations are:

    • Colerain Ave. in Cincinnati, Ohio, opens Sept. 5
    • Veteran Parkway, Springfield, Ill., opens Sept. 5
    • Bowles Ave. in Littleton, Colo., opens Sept. 5
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