Saks Fifth Avenue
Expert: Saks Global Bankruptcy Part of Retail Real Estate Evolution
How landlords are adjusting to the changing landscape when department stores are no longer guaranteed traffic drivers.
Saks Global Bankruptcy Raises Questions for CRE
The luxury retail conglomerate will be evaluating its portfolio as part of the Chapter 11 proceedings.
HBC to Acquire Neiman Marcus Group for $2.7B
Upon closing, a newly created company will incorporate a $7 billion portfolio of prime retail properties in top luxury shopping destinations.
HBC Launches New CRE Investment Business
North America’s oldest retailer has created HBC Properties and Investments to manage its 40 million-square-foot portfolio.
Connecticut Mixed-Use Asset Trades for $67M
The Greenwich asset is located along the upscale retail corridor also known as the “Rodeo Drive of the East.”
Saks OFF 5TH Opens New Philadelphia Store
The off-price retail division of Saks Fifth Avenue launched a new 42,000 square-foot store in Overlook at King of Prussia shopping center.