(For more retail coverage, click GlobeSt.com/RETAIL.)
EMERYVILLE, CA-Madison Marquette has landed Sweden-based discount fashion retailer H&M for its 400,000-sf Bay Street shopping center here that opened in 2002. H&M expects to open the store in Spring 2007.
H&M will occupy 12,600 sf bordering Bay Street's 16-screen AMC movie theater, which will put it very near Ikea, another Sweden-based retailer. H&M currently has two locations up and running at Union Square in San Francisco and has three other Bay Area locations in the works, including Westfield San Francisco Centre and Sun Valley Mall in Concord.
Bay Street comprises three city blocks just off I-80 at Bay and Shellmound streets. The center has about 60 shops, restaurants and specialty stores. Newer tenants include Elephant Bar Restaurant and EQ3 Furniture and Accents. Well-known tenants include Old Navy, Williams-Sonoma, Abercrombie & Fitch, Banana Republic, Body Shop and Apple.
Madison Marquette and Blackrock Realty spent $167 million developing Bay Street, which opened in late 2002 with 360,000 sf of retail. MacFarlane Partners recently added 380 units of housing, including 284 apartments. A mid-rise hotel is planned.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
