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Nobu and Fig & Olive Opening New Locations at the Galleria

10.17.16

RKF Arranges Leases for High-End Dining Concepts at Simon Property Group’s Newly Renovated Luxury Mall In Houston, Texas  

HOUSTON (October 17, 2016) – RKF, the country’s leading independent real estate firm specializing in retail leasing, investment sales and consulting services, announced that it has arranged two new leases totaling 19,821 square feet at The Galleria in Houston, Texas, for Nobu, a globally renowned Japanese restaurant from famed chef Nobuyuki Matsuhisa, and Fig & Olive, an upscale Mediterranean concept. This will be Nobu’s first location in Houston and second in Texas, and Fig & Olive’s first location in Texas.

RKF Vice Chairman Robert Cohen and Executive Vice President Rachel Rosenberg arranged the lease on behalf of Nobu. Rosenberg also arranged the lease with Fig & Olive as its exclusive national leasing representative.

Nobu’s location will encompass a two-story, 12,773-square-foot space with a private elevator, and Fig & Olive will be situated in 7,048 square feet of space on the Ground Floor, in a box at The Galleria formerly occupied by Saks Fifth Avenue that has recently been extensively renovated to add an additional 110,000 square feet of retail space for 35 new and unique retailers as well as several restaurants. The Galleria is currently undergoing an extensive expansion and renovation; Saks Fifth Avenue relocated within the mall and has opened a new 200,000-square-foot flagship store.

“Simon has made an impressive investment in The Galleria and its expansion is opening up new opportunities for world-class restaurants and retail,” said Rosenberg. “This is a premium location and affords a unique branding opportunity for Nobu and Fig & Olive, two leading concepts that have attained global and national recognition for outstanding cuisine. When you add the close proximity to Houston’s most exclusive neighborhoods, a sizable daytime office and tourist population and the strong co-tenancy with other luxury retailers, The Galleria quickly became a very compelling opportunity.”

The Galleria is Houston’s most popular retail and tourist destination, attracting more than 30 million visitors each year, spans 2.4 million square feet of space, housing 400 stores and restaurants, two high-rise hotels and three office towers servicing 7,000 daytime business professionals.

About RKF

The leading independent real estate firm in North America specializing in retail leasing, investment sales and consulting services, RKF serves a broad spectrum of domestic and global clients in services ranging from national tenant and owner representation to advisory, consulting and dispositions. With approximately $20 billion in aggregate real estate transactions to its credit, RKF has been responsible for identifying scores of real estate opportunities throughout the United States for leading American and international chains, retailers, developers and institutional clients. RKF is headquartered in New York with offices in Chicago, Las Vegas, Los Angeles, Miami, Northern New Jersey, San Francisco and Toronto. RKF operates in Canada as RKF Group Canada Realty, a retail brokerage.

RKF is located at 233 Wilshire Boulevard, Suite 310, Santa Monica, CA 90401

T: 310.593.0777. www.rkf.com

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