Nordstrom Opens its Second Store in St. Louis
Sep 30, 2011 11:29 AM, Staff Reports
Nordstrom Inc. opened a 144,000-square-foot two-level store at Saint Louis Galleria in St. Louis, Mo., its second location in the city. General Growth Properties owns the 1.2-million-square-foot center. Other anchors at Saint Louis Galleria include Dillard’s and Macy’s.
The store at Saint Louis Galleria will offer such amenities as in-store alterations and tailor shop, on-site Café Bistro, an espresso bar, complimentary gift boxes and a team of personal stylists.
“We’ve been serving customers in the St. Louis market for nine years and couldn’t be happier to open a second store at Saint Louis Galleria,” said Store Manager Beth McAuley in a statement. “We look forward to creating a special shopping experience for everyone—from customers we’ve served before to those we hope will come on in to meet us.”
Nordstrom held a gala at the store in September raising more than $110,000 for COCA, the Contemporary Arts Museum St. Louis, the Missouri Botanical Garden and the Saint Louis Museum.
Stirling Signs Five New Tenants for River Chase Expansion in Louisiana
Stirling Properties signed leases with eight new tenants for stores at River Chase Shopping Center Phase II in Covington, La. The leases total 85,000 square feet. The developer broke ground on the property in August. All stores will open in the spring of 2012.
Michaels signed a lease for a 28,290-square-foot store;
jcpenney to Expand at Rock Hill Galleria
Rock Hill Galleria will renovate and expand the existing jcpenney at the mall to 83,000 square feet from the current 51,600 square feet. The store will also adapt the company’s newest format. The project is scheduled for completion by the fall of 2012. jcpenney has been an anchor at Rock Hill Galleria since 1991.
Thousand Oaks Property Changes Name to The Village at Dos Vientos Ranch
Paradise Capital Group will rename Paraiso Town Center in Thousand Oaks, Calif. as The Village at Dos Vientos Ranch.
The property, completed in 2008, is a 50,000-square-foot retail and office complex that is part of the master-planned community of Dos Vientos Ranch. Paradise Capital Group bought the center in June 2010.
Paradise Capital made the decision to change the name after an informal poll in the Dos Vientos community showed many people were in favor of an easier to pronounce moniker.
Jo-Ann Stores, Ulta Salon to Occupy Former Goody’s Space at Owensboro Towne Centre
Jo-Ann Stores Inc. signed a 10-year lease with Stonemar Properties LLC for a 13,500-square-foot store at Owensboro Towne Centre in Owensboro, Ky. The lease is valued at $1.3 million. Jo-Ann Stores will be moving into a space formerly occupied by a 27,000-square-foot Goody’s store. Ulta will occupy the remainder of the space. The cosmetics retailer signed a 10-year lease for a 13,500-square-foot store at the center. The Ulta lease is valued at $2.35 million.
Gags & Games Opens Store at Springfield Commons Plaza in Ohio
Gags & Games signed a lease with Springfield Commons Plaza LLC for a 27,200-square-foot store at Springfield Commons in Springfield, Ohio. Kevin James and Micha Bitton, of Cassidy Turley Commercial Real Estate Services, negotiated this transaction.
Other Notable News
SRS Real Estate Partners hired Steve McClurkin as senior vice president and market leader for its Newport Beach, Calif. office. SRS also hired Garrett Colburn as senior associate and Nichole Slykhous as real estate analyst. In his new position, McClurkin will be responsible for growing the Newport Beach office and for tenant representation throughout southern California. He has more than 14 years of experience in retail. Previously, he worked at Grubb & Ellis. Colburn has seven years of experience in commercial real estate. He and Slykhous were also formerly employed by Grubb & Ellis.
Allianz Real Estate of America hired Gary N. Phillips as senior director in its New York office and Gregory R. Brown as head of research for Americas in its Connecticut office. In his new position, Phillips will focus on originating equity investments in core and core plus office, retail, multifamily and industrial assets in major markets throughout the U.S. Previously, he served as vice president of acquisitions with Clarion Partners. In his new role, Brown will provide strategic and tactical research support for the firm’s investment and asset management process. He previously served as director of research with UBS Realty Investors.
Vestar Property Management hired Jeff Miyaoka as regional director of property management. In his new position, Miyaoka will be responsible for all property management functions for Vestar’s California portfolio. Previously, he worked for Developers Diversified Realty, Kimco Realty, The Irvine Co., Madison Marquette and Trizec Hahn.
CB Richard Ellis appointed Tim Brauer as market leader for Wisconsin. Up until now, Brauer served as managing director for the Chicago market, with the responsibility for retail and land services practices. He has 23 years of experience in commercial real estate.
Grosvenor Americas appointed Steve O’Connell as development manager in its San Francisco, Calif. office. In his new position, O’Connell will be responsible for managing the development process from property identification and purchase through design, entitlement, construction, leasing and stabilization. He has 14 years of experience in engineering and commercial construction management. Previously, he worked for Swinerton Builders.
Colliers International hired Robert D. Corbi as director within the firm’s tenant representation team. Corbi has seven years of experience in commercial real estate. Prior to joining Colliers International, he worked for Jones Lang LaSalle.
Essex Builders Corp. hired Glen Forward as chief estimator. Glen has more than 25 years of experience in construction and estimating.
S.L. Nusbaum Realty Co. hired Tyler Jacobson as leasing associate in its shopping center division. In his new position, Tyler will provide leasing services on shopping center projects. S.L. Nusbaum also hired John Shourds for its shopping center management division and Andrew Nusbaum for its multifamily development department. Shourds will provide property management services for shopping center properties, while Nusbaum will participate in the acquisition, development and rehabilitation of apartment communities in the Southeast.
NAI Hunneman hired Benjamin M. Sutton as senior associate. Prior to joining NAI Hunneman, Sutton served as a commercial real estate broker with Vesper Realty Advisors.
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