🚧 Intelligent Real Estate Investments - Hines

Hines’ Rookwood in Cincinnati Signs Two New Retail Tenants

Strategic fashion & restaurant additions

(CINCINNATI) – Hines, the international real estate firm, announced today that Rookwood Commons, a 340,059-square-foot lifestyle center, will add two new tenants this fall. With the signing of these two leases, Rookwood is 97 percent leased to 75 leading retailers and restaurants, including Whole Foods, REI, Nordstrom Rack, T.J. Maxx, Joseph-Beth Booksellers, P.F. Chang’s, and J. Alexander’s.

The tenants—Soft Surroundings and BJ’s Brewhouse—are slated to open in early November 2018. Soft Surroundings will open their first location in Cincinnati and will occupy 4,320 square feet. BJ’s Brewhouse will occupy 7,600 square feet in a newly constructed building at I-71 and Edmondson Road.

Rookwood Commons, along with Rookwood Pavilion, are two contiguous shopping centers that operate as a single 600,071-square-foot property referred to as Rookwood, located in the Hyde Park submarket of Cincinnati, Ohio. Known as a unique, high-end open-air lifestyle center, Rookwood serves a densely populated, urban trade area from its strategic location approximately five miles northeast of Cincinnati’s dynamic CBD. Hines acquired the property in January 2017 and implemented several physical and operational improvements to the center and is focused on upgrading the restaurant and apparel mix at the center.

Kenton McKeehan, senior managing director and head of Hines Retail Resources Group said, “Rookwood serves shoppers from all over Cincinnati and Northern Kentucky, including 50,000 students at neighboring University of Cincinnati and Xavier University. We continue to focus on physical and merchandising enhancements at the center and look forward to welcoming these new best-in-class tenants.”

“We couldn’t be happier to bring Soft Surroundings to Cincinnati, specifically to Rookwood Commons,” said Sr. Vice President of Retail, Danny Boddy. “Our brand is all about slowing down life’s rigorous pace and taking the time to rejuvenate and take care of one’s self. We feel strongly that this is something that the women throughout Greater Cincinnati can relate to and we are excited to give them an opportunity to experience what we are all about. We offer beautiful apparel, luxurious bedding, globally curated furniture and beauty solutions, all hand chosen for today’s busy woman. Our passion for customer service and the integrity of our brand gives us the ability to share our story and hopefully make our customers’ lives a little more fulfilled and enjoyable.”

About Soft Surroundings
Headquartered in St. Louis, MO, Soft Surroundings is a lifestyle brand and retailer of women's apparel, home, and beauty products. Releasing its first catalog in 1999, Soft Surroundings has been dedicated to making women look and feel their best ever since. Having experienced record growth in its online and catalog channels, Soft Surroundings opened its first retail location in St. Louis, MO in 2005. With current retail locations from coast to coast and many more on the horizon, Soft Surroundings is continuing to expand its retail division nationally to meet the needs of its many devoted customers. Visit Soft Surroundings online at www.softsurroundings.com.

About BJ’s Restaurants, Inc.
BJ’s Restaurants, Inc. currently owns and operates 200 casual dining restaurants under the BJ’s Restaurant & Brewhouse®, BJ’s Restaurant & Brewery®, BJ’s Pizza & Grill® and BJ’s Grill® brand names. BJ’s Restaurants offer an innovative and broad menu featuring award-winning, signature deep-dish pizza complemented with generously portioned salads, appetizers, sandwiches, soups, pastas, entrees and desserts, including the Pizookie® dessert. Quality, flavor, value, moderate prices and sincere service remain distinct attributes of the BJ’s experience. All restaurants feature BJ’s critically acclaimed proprietary craft beers, which are produced at several of the Company’s Brewery locations. The Company’s restaurants are located in the 27 states of Alabama, Arizona, Arkansas, California, Colorado, Florida, Indiana, Kansas, Kentucky, Louisiana, Maryland, Michigan, Nevada, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia and Washington. Visit BJ’s Restaurants, Inc. on the Web at http://www.bjsrestaurants.com for locations and additional information.

About Hines
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 201 cities in 24 countries. Hines has approximately $111 billion of assets under management, including $60 billion for which Hines provides fiduciary investment management services, and $51 billion for which Hines provides third-party property-level services. The firm has 108 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,295 properties, totaling over 422 million square feet. The firm’s current property and asset management portfolio includes 506 properties, representing over 210 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information