REAL ESTATE

Target signs lease to open in San Francisco’s Metreon

BY CSA STAFF

Rumors that Target would open in San Francisco’s Metreon center have now been confirmed: Terranomics announced it has brokered a signed lease for Target to open in the Wesfield-owned center.

The lease for 99,677 sq. ft. was only just officially signed, San Francisco Business Times reported. The Metreon will soon begin construction on a multi-million dollar remodel that will make room for Target, and will recreate the ground level as a food collection of Bay Area restaurant concepts.

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REAL ESTATE

Gap to open Athleta store in Manhattan

BY CSA STAFF

New York City — Gap has chosen Manhattan’s Upper West Side for its second freestanding Athleta store, Crain’s New York Business reported.

The report said has signed a lease to open a 3,500-sq.-ft. Athleta at 216 Columbus Ave. at W. 70th Street. The store will open in the fall, and Gap is already seeking more New York area locations, according to Crain’s.

Gap bought Petaluma-based Athleta, a catalog and website that sell women’s athletic clothes, for $150 million in 2008.

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Oakley opens in Times Square

BY CSA STAFF

New York City — Oakley has opened a store in New York City’s Times Square. The shop features an Oakley Custom bar where customers can create their own renditions of Oakley eyewear and goggles. An on-site etching machine allows customers to personalize their designs with engraving.

“More than just a destination, Times Square is an experience, and we are thrilled to be part of it,” said Erik Searles, VP Oakley Retail. “As a launch point for product innovation and a home of the chic and sophisticated, Times Square is an ideal venue for the cutting-edge technology and leading-edge style of Oakley.”

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