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In The Blink Of An Eye, Oxford Street Is About To Get £2B Of New Offices
News

In The Blink Of An Eye, Oxford Street Is About To Get £2B Of New Offices

... space they dedicate to retail. Buildings that once housed department stores and competed for shoppers will now compete for office tenants ... building to 145K SF of offices.  The value of department stores has plummeted in recent years as consumers turn away ...

Aug 18, 2021
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A conceptual rendering of the Lakeforest Mall redevelopment form 2024 filings with the city.
News

100-Acre Mall Redevelopment With Transit Center Moving Forward In Gaithersburg

... to the release. It suffered a series of closures of department stores Lord & Taylor, JCPenney, Sears and finally Macy's, which shuttered ...

Nov 25, 2025
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Oxford Street Could Be Pedestrianised And Get Its Own Planning Body
News

Oxford Street Could Be Pedestrianised And Get Its Own Planning Body

... shops selling cheap candy and souvenirs.  Several of the large department stores on the street have closed and will be replaced by ... offices. The street is still home to the famous Selfridges department store and the flagship store of John Lewis, part of ...

Sep 17, 2024
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This Week's Baltimore Deal Sheet
News

This Week's Baltimore Deal Sheet

... s premier retail location, attracting shoppers to its grand old department stores like Hutzler's and Hochschild-Kohn. The district remained ... faded as white flight from the city caused the department stores that called the Westside home to close or move ...

Aug 30, 2023
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Bullish Hammerson's Birmingham Office Big-Box Rethink
News

Bullish Hammerson's Birmingham Office Big-Box Rethink

... the footsteps of several other landlords struggling with empty department stores. It will see the 247K SF store converted into ... exploring the office option. The long list of former department stores now on the pathway to office conversion include Birmingham ...

Jan 17, 2023
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International Duo Win Bid To Convert John Lewis Store To £750M Office
News

International Duo Win Bid To Convert John Lewis Store To £750M Office

... a slug of one of the UK’s most famous department stores and convert it into offices. Hines and NPS have seen ... is also currently looking at converting parts of its other department stores to build-to-rent residential. 

Apr 28, 2022
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Hudson’s Bay, Private Equity Investor To Compete For Kohl’s At $9B Valuation
News

Hudson’s Bay, Private Equity Investor To Compete For Kohl’s At $9B Valuation

... out for one of the biggest names left standing in department stores. Retail giant Hudson's Bay and private equity investor Sycamore ... Partners are planning separate bids for U.S. department store company Kohl's, with each bid valuing the ...

Mar 17, 2022
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660 Madison Ave., where Barneys once occupied nine floors.
News

Billionaire Property Mogul Ben Ashkenazy Raises $750M For Comeback

... Hotel to Boston's historic Faneuil Hall Marketplace, the Barneys department stores in Manhattan, Beverly Hills and Chicago, and 625 N. Michigan ...

Jun 13, 2025
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Storied Galleria-Area Office Building Slated For Bankruptcy Sale
News

Storied Galleria-Area Office Building Slated For Bankruptcy Sale

... -floor tenant and citing ongoing negotiations.  Stage Stores, the owner of defunct off-price department stores including Palais Royal and Bealls, occupied almost ...

May 13, 2024
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oxford street selfridges london
News

Not Offices: Selfridges Braves An Unfashionable Future For Its Oxford Street Flagship

... solution to their property dilemmas.  Whilst other Oxford Street department stores are being converted to offices, Austrian real estate group ... Nichols, one of Selfridge’s rivals in the luxury department store business, secured £66M of additional funding to ...

Jan 06, 2022
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