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Saks Owner Missed April Payments on Commercial Mortgage Debt

2020-04-30 15:38:00| National Real Estate Investor

Hudsons Bay has missed CMBS payments on part of its $696 million financing for Saks Fifth Avenue and other stores.

Tags: april commercial owner payments

 

Saks Manhattan Flagship Sees Value Plummet in Retail Apocalypse

2019-11-20 16:58:00| National Real Estate Investor

The building at 611 Fifth Avenue was recently appraised at a value 60 percent below that it was appraised at five years ago.

Tags: retail sees manhattan apocalypse

 
 

NYC's Brookfield Place Mall Gets New Top Tenant After Saks Exit

2019-03-20 17:36:00| National Real Estate Investor

A flexible work space provider is taking over former Saks Fifth Avenue location at Brookfield Place Mall.

Tags: top place exit mall

 

HBC likely to close 20 Saks Off 5th US stores

2019-02-22 11:18:00| Daily apparel & textile news and comment - from just-style.com

Hudson's Bay Company (HBC) expects to close about 20 of its Saks Off 5th locations in the US as part of a review of the entire fleet of 133 stores.

Tags: us close stores 5th

 

HBC likely to close up to 20 Saks Off 5th US stores

2019-02-22 11:18:00| Daily apparel & textile news and comment - from just-style.com

Hudson's Bay Company (HBC) expects to close up to 20 of its Saks Off 5th locations in the US as part of a review of the entire fleet of 133 stores.

Tags: us close stores 5th

 

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