Saks Off Fifth has signed a 10-year lease to anchor Somerset Shoppes in Boca Raton.
The 23,343-square-foot space, located at the northeast corner of Lyons Road and Glades Road, replaces what used to be a Loehmann’s department store, according to the South Florida Business Journal.
The retailer is joining tenants including Michael’s, T.J. Maxx, Men’s Warehouse and The Original Pancake House.
Saks is expected to open in the first quarter of 2015. Randy Tulepan, vice president of New York-based Roberts Equities, represented the owner, and David Emohovich from Katz and Associates represented the tenant. [SFBJ] – Christopher Cameron