Gazit Globe

Retail landlord Gazit-Globe shopping for NYC real estate Israel-based firm owns Barneys retail condo in Chelsea

Gazit-Globe s Chaim Katzman and Barneys New York Downtown Flagship (Credit: Barneys)

Gazit-Globe, the international retail landlord that owns the home of Barneys New York in Chelsea, is planning to launch a private U.S. subsidiary to invest in New York and other major metropolitan areas.

The Israel-based real estate firm is eyeing potential investments across a range of property types with a particular interest in commercial and mixed-use properties, the Wall Street Jou上海千花网论坛

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rnal reported.

And its interest in retail real estate remains strong, despite the pressures of e-commerce and store closures.

“Brick-and-mortar [retail], where 80% to 90% of the sales take place, is still a powerful environment for brand buildi爱上海龙凤419桑拿

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ng, cultivating loyalty and experiential retail,” chairman Chaim Katzman told the Journal.

The company has focused on supermarket-anchored shopping centers in urban markets. It owns the retail condo at 161 West 16th Street, which company subsidiary Equity One bought in 2011 for $55 million. Equity One Also Owns One Broadway Plaza in the Bronx.

Gazit-Global earlier this year merged Equity One with Regency Centers Corp., creating 阿拉爱上海同城

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a combined portfolio of 429 properties. [阿拉爱上海同城

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WSJ] – Rich Bockmann

Tags: barneys new york, Commercial Real Estate, Real Es爱上海同城对对碰

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tate Finance
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