Retail Giants Eye Queens

There was lots of news over the weekend about major clothing retailers looking to settle down in Queens. First, the Wall Street Journal reported that Nordstrom Rack is close to signing a lease at the SkyView Center (pictured) in Flushing. There are no more details on the potential lease, although this would be the first Nordstrom location for Queens. As the Wall Street Journal points out, a Nordstrom Rack would be yet another product of “rising real-estate prices, a surge in development and growing demand for retail space by national chains” in Flushing.

And DNAinfo reports that H&M is eyeing a vacant building at 160-08 Jamaica Avenue, in Jamaica. Jason Laboz of United American Land owns and is renovating the building. He said, “We are talking to a bunch of tenants. I can just say that we built the building for H&M on Fulton Street in downtown Brooklyn. Let’s see what happens here.” The company also purchased two buildings next door with plans to build out 150,000 square feet and five floors of retail space.

Nordstrom Considers Opening a Store in Queens [WSJ]
H&M Eyes Move to Jamaica Avenue [DNAinfo]

Photo via Yelp