REAL ESTATE

Takashimaya to close NYC flagship

BY CSA STAFF

New York City Japanese retailer Takashimaya is closing its New York City flagship on Fifth Avenue in June, according to Crain’s New York Business.

The location has been opened since 1993.

In other news, Takashimaya Co. will no longer be merging with H2O Retailing Corp., parent company of Hankyu and Hanshin department stores.

A Takashimaya company spokeswoman mentioned that six additional stores in Japan have been closed.

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REAL ESTATE

Games Workshop to open in three Regency shopping centers

BY CSA STAFF

Los Angeles Jacksonville, Fla.-based Regency Centers said Wednesday it has leased space to Games Workshop at three shopping centers in Southern California.

Games Workshop will lease 1,250 sq. ft. at Park Plaza in San Pedro, and 1,090 sq. ft. at Morningside Plaza in Fullerton. The retailer will also lease 969 sq. ft. at Ventura Village, in Ventura.

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REAL ESTATE

Ashley Furniture opening at Schaumburg Promenade

BY CSA STAFF

Oak Brook, Ill. Inland Real Estate Corp. announced Wednesday the opening of Ashley Furniture in the Schaumburg Promenade, located adjacent to the Woodfield Mall in Schaumburg, Ill.

The new 32,000-sq.-ft. store opens Friday with a ribbon-cutting ceremony. Ashley Furniture is replacing a vacated Linens ’N Things.

Inland also recently signed an 11,958-sq.-ft. lease with Casual Male Retail Group for the company’s new superstore concept, Destination XL.

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