REAL ESTATE

Harrods in talks to open Shanghai store

BY CSA STAFF

Shanghai London-based luxury department store retailer Harrods is said to be considering opening a store in Shanghai according to a Friday report by China Daily.

The paper said that Harrods is holding talks with the Shanghai municipal government on the opening of its first store outside the United Kingdom in the historic Bund area of Shanghai.

The proposed venture in China was initiated by managing director Michael Ward, according to the report. The plans, however, have yet to be confirmed.

Harrods was acquired on May 8 by Qatar Holdings for 1.5 billion pounds from Egyptian billionaire Mohammed al-Fayed.

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REAL ESTATE

Inland Real Estate names VP director of leasing

BY CSA STAFF

Oak Brook, Ill. Inland Real Estate Corp. said Wednesday it has appointed Fred Heichman as VP and director of leasing.

Heichman was previously VP leasing for Centro Properties Group.

In his new position with Inland Real Estate, he will direct the leasing of more than 14 million sq. ft.

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REAL ESTATE

Sportlander leases first Manhattan location

BY CSA STAFF

New York City Winick Realty Group announced Thursday that Sportlander, the Spain-based sports nutrition retailer, signed a lease for its first Manhattan location.

The retailer has opened a 650-sq.-ft. store at 496 La Guardia Place, between Bleecker Street and West Houston Street in the heart of Greenwich Village.

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