Timothy Blum, executive vice president and managing director of the Retail Division of HSA Commercial Real Estate, today announced that the firm has finalized leases with Saks Fifth Avenue OFF 5TH, Old Navy and Carter’s for The Mayfair Collection, a 270,000-square-foot shopping center development in Wauwatosa, Wisconsin. The project, which broke ground in April 2013, already has lease commitments with Nordstrom Rack, Dick’s Sporting Goods and Ulta Beauty.
The Wauwatosa location will be Saks Fifth Avenue OFF 5TH’s first in the state of Wisconsin. The store’s grand opening is projected to occur in spring 2014.
The Mayfair Collection project has attracted interest from several other unique, best-in-class retailers seeking their first locations in suburban Milwaukee and in the trade area of nearby Mayfair Mall, the primary regional shopping destination in the state of Wisconsin. To accommodate these retailers, HSA Commercial is adaptively repurposing functionally obsolete warehouse buildings along Highway 45 into new, contemporary retail environments that, through innovative design, celebrate the property’s industrial heritage.
About Saks Fifth Avenue OFF 5TH
Saks Fifth Avenue OFF 5TH is a world-class full-service destination for value-priced clothes and accessories for men, women, children and the home. The retailer’s 67 stores combine the two great joys of shopping: the delight of finding the very best and the thrill of the deal. Highly coveted designers are displayed alongside exclusive Saks brands you won’t find anywhere else, all in a luxury-in-a-loft environment that can showcase an emerging trend one day and a great deal the next. Saks Fifth Avenue OFF 5TH simply offers more style, more savings and more service than any other value retailer.