West Elm Opening Pop-Up Store in Georgetown
✉️ Want to forward this article? Click here.
West Elm furnishings
Just a few weeks after CB2 opened its doors in Georgetown, news comes that another home furnishings store is setting up shop temporarily in the city’s oldest neighborhood.
On Sunday, The Washington Post reported that West Elm will be opening up a temporary store in Georgetown at 3333 M Street NW (map). The store is set to open in July, and has signed just a seven-month lease. Shorter leases for large chains have become fairly common in recent years, The Post reports:
Pop-up stores caught on during the downturn as a way for retailers to test new concepts, generate buzz for a brand or simply off-load inventory, sans the risk of a long-term lease. Landlords, rocked by sky-high vacancy, were all too happy to welcome paying tenants, even on a month-to-month basis. Even as the economy improved, temporary retail lost none of its appeal. Property owners still have vacancies. And tenants remain skittish about taking space for several years amid a volatile recovery.
Home furnishing lovers likely remember the sprawling West Elm store on G Street, which closed its doors in March of last year. At 6,500 square feet, the Georgetown store will be much more modest.
See other articles related to: eastbanc, georgetown, the washington post, west elm
This article originally published at https://dc.urbanturf.com/articles/blog/west_elm_opening_pop-up_store_in_georgetown/3606.
Most Popular... This Week • Last 30 Days • Ever
As mortgage rates have more than doubled from their historic lows over the last coupl... read »
Title insurance is a form of insurance that protects against financial loss from defe... read »
Only a handful of large developments are still in the works along 14th Street, a corr... read »
The 14,000 square-foot listing in the Langley Farms neighborhood of McLean closed on ... read »
International migration was the driving force behind the rise in DC's population.... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro