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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REAL ESTATE

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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REAL ESTATE

Saks Fifth Avenue to relocate Houston Galleria flagship

BY Katherine Boccaccio

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.

The Galleria is co-owned by Simon Property Group and Institutional Mall Investors. It is the nation’s fourth-largest shopping center with 2.2 million sq. ft. of retail space, four department stores and more than 350 other retail tenants.

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