Independent Streak, Part 1 Although the outlet-center REITs grab all the headlines, independent developers thrive in the industry. In the first of two parts, VRN highlights the independents. Click here to view 1998 Independent Developers List (with 2 or more projects)

REIT Occupancy Report
The outlet real estate investment trusts’ already high occupancy numbers
improved in 1997.

Outlet Center Dazzlers Outlet-center developers know that to draw traffic they’ve got to make their centers look new and sparkling. And they’re doing just that with exciting landscaping and creative lighting displays.

Howard Wolf Outlet Women’s apparel-maker Howard Wolf Co., after seeing 200 of its wholesale accounts dry up, launches a new channel of distribution. Sweet Sell Lindt, a world-class chocolate maker, opens what it says will be the first two of several outlet stores in the U.S. Wallet Works Reprieve Wilsons the Leather Experts acquires a longtime outlet chain, Wallet Works, after the outlet chain’s parent goes bankrupt. Pivot Rules Pivot Rules, a men’s golfwear maker, turns to the Internet to sell its excess inventory.

Family Shopping Adventure
A first-hand account explores the highs and lows of one family’s
shopping excursion to an outlet center.

Opening Draws Governor, Crowds
The nation’s newest outlet center opens to pomp, cirmumstance and bumper-to-bumper traffic in Johnson Creek, Wis.

German Project is Go
B5 Designer Outlet Centre in the Wustermark district of Brandenburg, Germany,
gets the green light.
Plus: International outlet updates and maps

Psychic Retailer A 1,600-sf store in Sawgrass Mills in Sunrise, Fla., taps into the spiritual side of value shoppers.

Also this month…
ICSC Outlet Center Sales Index
Quarterly and Year-to-date sales data compliled by ICSC Research
and Developers of Outlet Centers (DOC)

And each month…
Off-Price & Outlet Briefs:
Developers, Projects, Retailers and People in the news
Outlet Perspectives: Industry professionals comment on industry issues
ORMA Same-Store Sales Index
ICSC Events Calendar

1998 independent developers of
two or more outlet projects
(One-project developers will be listed in the August VRN .)

The following lists 93 projects developed by 18 companies that are:
1. NOT one of the industry’s outlet center real estate investment trusts
2. NOT value centers
3. NOT megamalls or Mills projects

The list does include:
- projects scheduled to open by the end of 1998 (Miromar Dev.)
- FAC Realty Trust, which was an outlet-center REIT until May
when it was reclassified as a strip-center REIT
- other REITs that don’t specialize in outlet centers.
Every effort has been made to accurately include all projects;
omissions should be brought to the attention of VRN’s editorial staff.

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Belz Enterprises
International Designer Outlets, Orlando, Fla. 194,000 sf
Belz Factory Outlet World (Mall 1), Orlando, Fla. 285,000 sf
Belz Factory Outlet World (Mall 2 and Annex), Orlando, Fla. 454,197 sf
Belz Factory Outlet World, Las Vegas, Nev. 635,000 sf
Belz Factory Outlet Mall, Pigeon Forge, Tenn. 548,937 sf

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Benderson Development Co.
Quality Outlet Center, Orlando, Fla. 46,100 sf
Quality Outlet Center East, Orlando, Fla. 60,000 sf

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The Boulos Co.
Ellsworth Outlet Center, Ellsworth, Maine 22,000 sf
Dexter Village, Freeport, Maine 11,182 sf
Main St. Freeport, Freeport, Maine 3,600 sf
California Factory Stores, Bishop Calif. 26,000 sf
Zion Factory Stores, St. George, Utah 208,000

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Charter Oak Partners/Rothschild Realty
Riviera Centre Factory Stores, Foley, Ala. 511,271 sf
Westbrook Factory Stores, Westbrook, Conn. 396,282 sf
Rehoboth (Del.) Outlets 1 187,590 sf
Rehoboth Outlets 2 125,379 sf
Rehoboth Outlets 3 247,175 sf
Sanibel Factory Stores, Ft. Myers, Fla. 185,968 sf
Lake Park (Ga.) Mill Store Plaza 208,326 sf
Factory Stores At Tuscola (Ill.) 248,645 sf
Lakes Region Factory Stores, Tilton, N.H. 236,000 sf
Factory Stores @ Lincoln City (Ore.) 262,459 sf
Hilton Head (S.C.) Factory Stores 1 & 2 290,166 sf
Myrtle Beach (S.C.) Factory Stores 360,400 sf
New Braunfels (Texas) Factory Stores 241,645 sf
Factory Stores @ Park City (Utah)205,869 sf
Williamsburg Outlet Mall, Lightfoot, Va. 175,161 sf

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The Chatfield-Taylor Corp.
Flatwoods (W. Va.) Factory Stores 110,000 sf
Blue Ridge Outlet Center, Martinsburg, W.Va. 209,500 sf

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Circle Factory Outlet Center
Lancaster (Calif.) Factory Stores (w/California Factory Stores) 258,000 sf
Circle Factory Outlet Center, Wall Township, N.J. 245,000 sf

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FAC Realty Trust, Inc.
Factory Stores of America Outlet Centers in:

Boaz, Ala. 104,630 sf Casa Grande, Ariz. 141,928 sf Mesa, Ariz. 171,000 sf Tucson, Ariz. 127,500 sf Vacaville, Calif. 448,000 sf Graceville, Fla. 84,000 sf Lake Park, Ga. 140,000 sf West Frankfort, Ill. 91,000 sf Story City, Iowa 91,000 sf Carrollton, Ky. 64,000 sf Georgetown, Ky. 177,000 sf Arcadia, La. 90,000 sf Iowa, La. 131,000 sf Kittery, Maine 22,000 sf Tupelo, Miss.67,000 sf Branson Meadows, Mo. 288,000 sf Lebanon, Mo. 83,000 sf

Nebraska City, Neb. 90,000 sf Las Vegas, Nev. 231,000 sf Conway, N.H. 21,000 sf Lake George, N.Y. 44,000 sf Smithfield, N.C. 356,000 sf Crossville, Tenn. 151,000 sf Nashville, Tenn. 285,000 sf Tri Cities, Tenn. 133,000 sf Union City, Tenn. 60,000 sf Corsicana, Texas 63,600 sf Hempstead, Texas 63,600 sf La Marque, Texas 176,000 sf Livingston, Texas 63,600 sf Mineral Wells, Texas 63,600 sf Sulphur Springs, Texas 85,000 sf Draper, Utah 186,000 sf North Bend, Wash. 224,000 sf

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The Fineberg Companies
Freeport Crossing, Freeport, Maine 50,000 sf
The Holden Block, Freeport, Maine 50,000 sf

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Fru-Con Development
Oxnard (Calif.) Factory Outlet (w/Prime Retail) 140,000 sf
Arizona Factory Shops, Phoenix, Ariz. (w/Prime Retail) 312,000 sf
Kensington Valley Factory Stores, Howell Township, Mich. (w/Howard & Rice) 326,000 sf
Pigeon Forge (Tenn.) Factory Outlet Mall. (w/ Insignia Financial Group) 203,921 sf
Factory Outlet Centre, Kenosha, Wis. 308,150 sf

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Jent Factory Outlets
Jent Factory Outlets, Mount Vernon, Ill. 100,000 sf
Jent Factory Outlets, Horse Cave, Ky. 135,000 sf

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John Regan
Centralia (Wash.) Factory Outlet Center 138,000 sf
Centralia (Wash.) Factory Outlet Center South 56,000 sf

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Larry White & Assocs.
Whites Factory Outlet Center, Colby, Kan. 94,000 sf
Whites Factory Outlet Center, Blackwell, Okla. 53,000 sf

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Miromar Development (scheduled to open by end of 1998)
Miromar Outlets Southwest Florida, Naples, Fla. 581,507 sf
Miromar Factory Outlet Center, Champlain, N.Y. 148,858 sf

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New Plan Realty Trust
Factory Merchants Mall, Barstow, Calif. 330,220 sf
St. Augustine (Fla.) Outlet Center 361,000 sf
Factory Merchants Branson, Branson, Mo. 330,000 sf
Factory Outlet Village ,Osage Beach, Mo. 412,000 sf
Factory Merchants at Ft. Chiswell, Wytheville, Va. 175,000 sf

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VF Factory Outlet
VF Factory Outlet, North Dartmouth, Mass. 102,000 sf
VF Outlet Village, Reading, Pa. 500,000 sf

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Vanderbilt Equities Corp.
Manchester (Vt.) Commons 45,000 sf
Manchester (Vt.) Square 55,000 sf