Property Types Retail
H&M Opens First of Series of Atlanta Shops
May 15, 2008
Source: Atlanta Journal Constitution

H&M will take the wraps off the first of a series of Atlanta-area stores next month. The Swedish clothing retailer is opening its first in-town store at the city's Atlantic Station on June 13. Last week, it made its debut in metropolitan Atlanta by opening a store at Alpharetta's North Point Mall.

This fall, two more H&M stores will follow in the Atlanta area, both in suburban areas. The Mall of Georgia and Town Center Cobb will both welcome the inexpensive, trendy clothing manufacturer, according to the Atlanta Journal Constitution.

 
Recent Retail Headlines
H&R Sells 11 in Canada
H&R Real Estate Investment Trust has announced the completion of the sale of eleven retail properties. The firm netted approximately $72 million from the transaction. The company expects approximately a $9 million return on sale.
Carlton Arranges $630M Equity, Debt Recapitalization of Manhattan Retail Complex
Carlton Advisory Services announce the $630 million equity and debt recapitalization of the retail condominium at 666 Fifth Avenue in New York City.
Orlando's First Nordstrom Rack to Anchor New 100,000SF Shopping Center
Millennia Crossing, a 100,000-square-foot shopping center scheduled to debut in Orlando, Fla. next spring, will become the home of the city's first Nordstrom Rack and the State of Florida's second such store.
Commission to Consider Lavonia Mall Redevelopment Plan
With most of Livonia Mall's tenants having negotiated lease terminations, the road has been paved for a massive remake of the shopping center just outside of Detroit, Mich., and the Livonia Planning Commission intends to give the plan the once-over on July 15, according to Crain's Detroit Business.
Lightstone Acquires Interests in 20 Outlet Centers in $456M Deal
Lightstone Value Plus REIT will soon have a stake in 20 factory outlet centers, now that it has signed on purchase from 22.54 to 25 percent interests in the properties from affiliates of Arbor Mortgage REIT.