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Topshop to Open First U.S. Store

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Via CoStar:

Established in 1964 in a U.K. department store, women's fashion retailer, Topshop, broke into the U.S. summer 2006 by selling its trademark Baxter jeans at Barneys New York flagship stores across the country. It also operates a men's clothing unit, dubbed "Topman".

Topshop has been open about plans to expand internationally, but the most recent development has it executing a lease for a three-level, flagship, Topshop/ Topman store at 478 Broadway in New York City's SoHo District, taking over the space currently occupied by Yellow Rat Bastard. Topshop's doors should open in September 2008. The store, including basement, ground floor, and third floor levels amounts to at least 40,000 square feet, all of which TopShop plans to use.

Expect the retailer to proceed with opening several 20,000-square-foot stores at hot shopping spots across America. Topshop reportedly has its eyes on two additional sites in Manhattan, as well as sites in Miami, Boston, Las Vegas, and major cities on the West Coast.

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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