REAL ESTATE

Nordstrom Rack sets 2014 opening in Riverside, Calif.

BY Staff Writer

Seattle — Nordstrom plans to Nordstrom Rack at Riverside Plaza in Riverside, Calif. The approximately 45,000-sq.-ft. store will be the Rack’s first location in Riverside County when it opens in spring 2014.

Riverside Plaza is owned and managed by Vestar.

"We are excited to have Nordstrom Rack as a tenant at Riverside Plaza," said Jeff Axtell, Vestar VP of acquisitions and development. "Nordstrom Rack is a premier retailer who will be a great complement to our existing tenants."

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REAL ESTATE

Perkins Restaurant & Bakery expanding in Iowa and Nebraska

BY Katherine Boccaccio

Memphis — Perkins Restaurant & Bakery announced a six-unit franchise development agreement in Iowa and Nebraska over the next six years.

The expanded development of the Iowa/Nebraska area was signed with Perkins franchisee CyHawk Hospitality Inc., which operates six Perkins Restaurants and Bakeries — five in Iowa and another in Independence, Mo.

The first of the six additional units opened in July in Ankeny, Iowa, to be followed by a location in Norfolk, Neb., slated to open in September.

Altoona, Iowa, is slated for early 2014 and CyHawk Hospitality is currently looking at several different communities in Nebraska as possible locations for the remaining restaurants.

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Robert Graham to make Manhattan debut

BY Katherine Boccaccio

New York — Fashion designer Robert Graham will open his first New York City branded retail store at 380 Bleecker Street in SoHo, joining high-end neighbors such as Burberry, Brunello Cucinelli, Marc Jacobs, rag & bone, and Ralph Lauren. The Robert Graham store is slated to open this fall.

“Robert Graham was looking to be in the West Village and saw 380 Bleecker Street as an ideal location,” said Michael Buckley, CEO, Robert Graham. “This is one of the liveliest sections of Manhattan and we could not be happier to offer the full experience of Robert Graham to the local and tourist populations who crave the color and artwork that match the vibe of NYC.”

The company operates six freestanding stores in Los Angeles, Houston, Las Vegas, Boca Raton, Long Island, N.Y., and Short Hills, N.J. The label also sells at luxury department stores and boutiques.

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