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Grosvenor Americas Leases Union Square Retail Space to Christian Dior

The legendary international fashion house Christian Dior will open a 10,000 square foot flagship store at 185 Post Street in San Francisco, following interior fit-out that is expected to take about two years.  Grosvenor Americas, which completed an award-winning renovation of 185 Post Street in 2006-07, has leased 10,000 square feet of retail space on three floors to Dior.  

“Christian Dior, one of the world’s most iconic fashion houses, is the perfect tenant for our glass-enclosed  building at 185 Post Street, and a prime example of Grosvenor’s leadership in attracting the world’s most exciting high street retailers to our properties in San Francisco, Los Angeles,  London, and other cities,” said Andrei Gog, Asset Manager with Grosvenor Americas.

After acquiring 185 Post Street in 2005, Grosvenor Americas began a complete building renovation that artfully preserved the original 1908 brick exterior by encapsulating it in layers of translucent and frosted glass. The building stands out like a jewel among the dark masonry buildings that surround it. In addition to creating the new façade, Grosvenor Americas upgraded all building systems including seismic protection. The building has won two major architectural awards.

Grosvenor Americas also owns the properties at 251 and 180 Post Street in San Francisco’s tony Union Square shopping district, leased to prominent retailers including Coach, The North Face, Ghurka, Facconable, and others. In Los Angeles, the company owns 308-310 North Rodeo Drive in Beverly Hills, home to world-renowned jeweler Harry Winston and luxury fashion house Chanel.

International property group Grosvenor is known throughout the world for its high street retail destinations in London and its 42-acre Liverpool One redevelopment, which transformed the heart of one of Europe’s most important cities.  

Grosvenor is a privately-owned property group, active in some of the world’s most dynamic cities. Today we have 17 offices in 11 countries and assets in 16 countries. We have regional investment & development businesses in Britain & Ireland, the Americas and Asia Pacific. Our international fund management business operates across all these markets and also Continental Europe. We also have indirect investments, managed centrally. As of December 31, 2013, the Group had total assets under management of $19.9 billion. Unusually for a private company, Grosvenor publishes a detailed reporting suite - Annual Review, Financial Statements, Environment Data and index of sustainability reporting under the GRI initiative - available at: www.grosvenor.com 

Grosvenor Americas aims to become a market leader in select geographical areas and sectors in Canada and the US through focused, strategic expansion. We use our knowledge of the cities we work in and our property skills to develop projects that contribute to the vibrancy of those communities. As of December 31, 2013, Grosvenor Americas had assets under management of $2.4 billion.