(CINCINNATI) – Hines, the international real estate firm, announced today that home furnishings store West Elm has opened at Rookwood Commons, a 340,059-square-foot lifestyle center. The 11,900-square-foot store will be West Elm’s only location in Cincinnati. Owned by Williams Sonoma, West Elm, has other stores in Ohio, including Columbus and Orange Village. With a commitment to supporting emerging creatives, West Elm will sell products created by local makers and offer pop-ups and workshops hosted by local artists and businesses.
Kenton McKeehan, senior managing director and head of Hines Retail Resources Group said, “We are thrilled to welcome West Elm to an already impressive tenant roster. West Elm’s unique product offering of original modern furniture, home goods and accessories and their focus on the local communities that they serve make them a perfect fit for Rookwood and the surrounding area. West Elm’s selection of Rookwood Commons for their market entry into Cincinnati shows the strength of Rookwood and further demonstrates Rookwood’s growing presence in the home furnishings category.”
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.
Rookwood is 95% leased to 72 leading retailers and restaurants, including Whole Foods, REI, Nordstrom Rack, T.J. Maxx, Joseph-Beth Booksellers, P.F. Chang’s, and J. Alexander’s.
About West Elm
Born in Brooklyn in 2002, West Elm is a global design company dedicated to transforming people’s lives and spaces through creativity, style, and purpose. We create original, modern, and affordable home decor, and curate a global selection of local, ethically sourced, and Fair Trade Certified products available online and in 100+ stores worldwide. We are a part of Williams-Sonoma Inc. (NYSE:WSM) and participate in The Key Rewards, a free-to-join loyalty program that offers members exclusive benefits across the family of brands.
About Hines
Hines is a privately owned global real estate investment, development and management firm, founded in 1957, with a presence in 219 cities in 23 countries and $124.3 billion of assets under management—including $63.8 billion for which Hines provides fiduciary investment management services and $60.5 billion for which Hines provides third-party property-level services. Hines has 148 developments currently underway around the world, and historically, has developed, redeveloped or acquired 1,362 properties, totaling over 449 million square feet. The firm’s current property and asset management portfolio includes 514 properties, representing over 222 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.
