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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NRDC signs three tenants at Pohatcong Plaza

BY Michael Fickes

Purchase, N.Y. — Hobby Lobby, Marshall’s and Home Goods have leased more than 98,000 sq. ft. of space at 562,000-sq.-ft. Pohatcong Plaza power center in Phillipsburg, N.J., according to National Realty & Development Corp.

The retailers will occupy a redeveloped building where Wal-Mart operated before expanding to a Supercenter early last year — in NRDC’s adjoining Pohatcong Plaza II.

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