real estate explosion

Contemporary furniture store headed to Norfolk mall

June 9th, 2006

EQ3, a store selling contemporary custom-designed furniture, plans to open its largest U.S. location this fall in MacArthur Center.

The new EQ3, the first store for the retailer in Hampton Roads, will take 20,000 square feet on the third floor of the downtown mall. It fills a gap in full-line furniture, where retailers such as Pottery Barn, Restoration Hardware, Nordstrom and Bombay sell sofas, beds and tables as part of their home decor.

With the growth of condos and the real estate explosion that’s happening in Norfolk, EQ3 will fit well downtown, said Larry Bloom, the retailer’s president of its Virginia and Washington region.

EQ3 targets the urban dweller with modern, sleek, European designs at moderate prices. Sofas, for instance, range from $499 to $999, Bloom said. Read more »


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