Just Listed brings you the latest news and information from the Twin Cities-area commercial and residential real estate market and beyond from veteran reporters Jim Buchta and Janet Moore.

Change in Galleria management

Posted by: Janet Moore Updated: February 18, 2013 - 1:06 PM

When one door closes. . .

The Minneapolis Neiman Marcus store shuttered last month. But Luis Serrat, the former vice president and general manager of the store, is now heading up operations at the Galleria in Edina.

Serrat's official title is vice president-retail, but he'll be responsible for all facets of management at the luxury lifestyle center off France Avenue. He begins his new job Feb. 25.

Serrat's resume is firmly ensconced in luxury retail: He spent 23 years with Neiman Marcus, and before that, he was worked at Saks Fifth Avenue.

In a statement, Serrat says he's long enjoyed shopping at the Galleria, which he says has the "market's best selection of national and international designers and brands under one roof, bar none." Going forward, he hopes to "continue evolving the center into the Upper Midwest's must-visit destination for local and regional shoppers, diners and tourists."

In addition, Galleria's new owner, Hines, said Beth Anderson, a seven-year company veteran, was named general manager, reporting to Serrat.

International real estate firm Hines Global REIT bought the Galleria from longtime owner Gabbert & Beck for $127 million last year. Warren Beck retired, and general manager/vice president Jill Noack has stepped down.

Janet Moore covers commercial real estate for the Star Tribune.

 

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