REAL ESTATE

New York — Faith Hope Consolo, chairman, and Joseph Aquino, executive VP, of Douglas Elliman’s Retail Group have arranged a first New York flagship for luxury apparel and accessories brand Peter Millar on Madison Avenue, between 54th and 55th Streets.

"This label is a perfect fit for the Madison and Worth Avenues of the world," said Consolo.

Consolo and Aquino represented the landlord, E PLUS E LLC, and Hanley Advisors represented the tenant.

Woodland, Calif. – The Gateway Shopping Center in Woodland, Calif. has reportedly received permission to expand the types of businesses allowed in its use permit. According to the Woodland Daily Democrat, the Woodland Planning Commission is granting approval for food services, banks, professional service offices, nail salons and dry cleaners to be located at the center.

RadioShack and Payless Shoes are also reportedly awaiting approval to open stores at the center.

Virginia Beach, Va. — Realty Resources has announced that several firms have joined the nationwide alliance of commercial real estate brokerage firms.

New York -- Specialty fashion retailer Express has entered the booming outlet mall sector, opening its first-ever outlet store, at Tanger Outlets National Harbor center in Washington, D.C. The retailer plans to open approximately 30 additional factory outlet locations throughout the United States in 2014, targeting such top markets as Chicago, Dallas, Detroit, Las Vegas, New York and other top markets.

Seattle -- Nordstrom announced plans to relocate its full-line Westfield University Towne Center (UTC) department store in San Diego to a new space within the evolving mall.

The new two-level, 145,000-sq.-ft. Nordstrom store will open in 2017 as part of Westfield UTC’s resort-inspired redevelopment, which is adding specialty shops, restaurants, entertainment, sustainable design features and family-friendly amenities, as well as structured parking.

By Andy Couch, DJM Real Estate

New York -- Bang & Olufsen unveiled its first newly redesigned store concept in North America, at the new Madison Avenue location in New York City. The 1,400-sq.-ft. store is designed to evoke a true sensory experience and demonstrate Bang & Olufsen's commitment to providing extraordinary consumer experiences.  

Other locations in New York City will adopt the new design, as well as a handful of additional locations across the United States next fiscal year.

Chicago - Englewood Construction ‘s food service and restaurant group has completed Harry Caray’s 7th Inning Stretch and the Chicago Sports Museum in Chicago’s Water Tower Place. The national general contractor has also completed a Native Foods Café in Chicago’s Hyde Park and is working with Native Foods Café to roll out its concept nationally.