Outdoor gear retailer REI leases historic Puck Building

23 Sep '10

4 min read

REI has a strong, successful background in working with historical structures. Its current Denver flagship location opened in 2000 in the 1901 Denver Tramway building. In addition, REI's downtown Boston store opened in 2003 in the former Sears Roebuck and Company Mail Order Store, built in 1929 and listed on the National Register of Historic Places in 1991. In 2005, REI's Bend, Ore., store opened in a former sawmill powerhouse dating back to 1916 in the historic Old Mill District.

Susan Kurland of CB Richard Ellis represented REI in the long-term leasing transaction while Lori Shabtai of Winick Realty, together with Ira Bloom of Kushner Companies, represented the building's owner. While no deal terms were disclosed, Mr. Bloom noted that 5,000 square feet of ground-floor retail space at the Puck Building remain available. In addition, the top three floors of office space at the property will also be available for lease starting in April 2011.

As part of its commitment to the outdoors, REI partners with local outdoor and conservation organizations to support volunteerism in taking care of the outdoor spaces. In 2009 alone, volunteers teamed with REI to donate more than 107,000 hours to help restore trails, plant trees, and clean parks and streams.

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