In Chelsea, Going From Trains To Retail Chains

by MR Magazine Staff

A 125-year-old former freight warehouse in Manhattan’s Chelsea neighborhood has found that retail sells. Already home to a bar, two restaurants, a wine shop and a coffee place, the Terminal Stores is looking to bring in even more retailers to drive the leasing of office space, said Chris Pachios, a partner at Waterfront New York, which owns a majority stake in the property. Upstairs in the block-long building, Uber Technologies Inc., L’Oréal USA, architectural firm Grimshaw, the Dsquared2 fashion company, and other creative and technology companies have offices, Mr. Pachios said. A mini storage operation occupies a large portion of the building. Read more at The Wall Street Journal.