... 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 ...
... 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.
... Hotel to Boston's historic Faneuil Hall Marketplace, the Barneys department stores in Manhattan, Beverly Hills and Chicago, and 625 N. Michigan ...
... 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 ...
... -floor tenant and citing ongoing negotiations. Stage Stores, the owner of defunct off-price department stores including Palais Royal and Bealls, occupied almost ...
Seritage CEO and President Andrea Olshan is leaving the company next month, the company announced Friday. She and the board of trustees reached a deal for her to relinquish her role and position on the board on April 11, with current board Chairman Adam ...
... 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 ...
... interest to regional malls is the persistent poor showing by department stores, the traditional anchor of malls since the mid-20th century ... of years now. "If you’re in a sector like department stores or specialty or off-price or apparel, you suffered the ...
... Building and a 40% stake in the UK's Selfridges department stores before filing for insolvency in 2023. Austria’s Economic and ...
... suffering sales losses before that. In July, sales at department stores were down 13.4% compared with last year, and ... sectors will suffer falling profits in the quarters ahead, with department stores and apparel and footwear taking the worst hit, losing ...
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