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Ingka Investments will take a one-third stake in the building as part of the deal.
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Ingka Centres has opened the third phase of its mixed-use Meeting Place in San Francisco with the global debut of its Saluhall food hall concept.
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The building at 529 Broadway is home to a Nike store.
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This week in Houston real estate news, Ikea plans to open a second Houston-area store, Hines is developing a 1,532-acre master-planned community, and more.
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Ikea has finally opened the doors to its Oxford Circus store on the site of the old Topshop flagship, as Oxford Street is declared full by agent Savills.
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Read about a new Ikea location and a number of promotions in this week's Chicago Deal Sheet.
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IKEA Expanding in Boston
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IKEA is a step closer to unloading massive real estate assets in $1.1B deal.
New IKEA, The Biggest In The U.S., Set To Open In Burbank Next Month.
Marriott/IKEA Launch Moxy
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