Peak Financial, Misuma acquire Myrtle Beach Mall
Woodland Hills, Calif. — Peak Financial Partners, Inc., a private real estate investment firm and Misuma Holdings, have acquired a $45 million note secured by Myrtle Beach Mall, a 521,000-sq.-ft. enclosed mall facility in Myrtle Beach, South Carolina.
Peak and Misuma will take ownership of the 62- acre facility. The mall’s current tenants include five strong anchor stores including Bass Pro Shops, Belk’s, and a 12-screen Carmike Theater. The property is situated in a busy retail district along the North Kings Highway business corridor in Myrtle Beach.
Restoration Hardware transforms landmark building to RH gallery/store
Corte Madera, Calif. – RH (Restoration Hardware Holdings) has opened RH Greenwich, The Gallery at the Historic Post Office, in Greenwich, Connecticut. After years of planning and preservation to honor its singular place in the town’s cultural landscape, the building’s exterior has been completely restored, while the interior has been reimagined and a second story conservatory and rooftop park has been added.
The loading dock that fronted Greenwich Avenue has been transformed into a beautiful garden courtyard and grand entrance. The new space will serve as an architectural canvas for artistic installations of home furnishings in a gallery setting. Encompassing nearly 23,000 sq. ft. of indoor and outdoor space, the gallery was imagined to inspire new and evolving ways to design a home.
“Great architecture is at the core of our design ethos,” says RH Chairman and CEO, Gary Friedman. “Our vision is to reclaim and restore the building’s original design, and then reimagine the space, making it once again relevant and inspiring to the community.”
The transformation marks Friedman’s continued collaboration with design architect James Gillam of Backen, Gillam & Kroeger.
Upon arrival, customers will encounter the landmark’s distinctive radiating plan. Its main facade is defined by a sweeping concave arch, decorative balustrade and a classical loggia, supported by six grand 19-ft. limestone columns topped by hand-carved Corinthian capitals. As they pass through the stately main entrance complete with five sets of French doors, they will see the loggia’s three original pendants of glass and cast iron suspended overhead – each of which has been fully restored.
Visitors will ascend a grand double staircase with custom-designed iron handrails. Nine oversized birdcage chandeliers suspended by weathered rope and natural light emanating from a skylight soaring nearly 40 ft. above will illuminate the way.
Chef Hutson opens new restaurant concept in Miami
Miami — Executive chef and owner Cindy Hutson plans to open a new restaurant concept called Zest in the 30,000-sq.-ft. plaza of Miami’s 1.2-million-sq.-ft. Southeast Financial Center office building. It will be her second restaurant brand following the well-regarded Ortanique, which has locations in Miami, and the Cayman Islands.
The 3,500-sq.-ft. Zest will feature a centralized, open concept kitchen and al fresco dining for 75 guests. Zest will also offer a private dining room for up to 30 guests. The private dining room can be seen through the glass walls of the restaurant’s wind cellar.
Zest will join other Southeast Financial Center plaza tenants including The Newsstand Café by Books & Books, Spris and The Cheese Course.