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GLOBAL OUTLET BRIEF
December 13, 1901 FORWARD | ADVERTISE

Outlets of Mississippi adds more tenants

Spectrum Capital’s 325,000-sf Outlets of Mississippi near Jackson, scheduled to open Nov. 14, continues to take shape following six months of steady construction progress. Saks Fifth Avenue Off 5th, Banana Republic, Coach, Fossil, Michael Kors, Chico’s and Under Armour, plus dozens more are already signed up to tenant the center, with the newest batch including Charlotte Russe, Converse,... more >>


Woodbury Common will get $170 million makeover

Woodbury Common Premium Outlets, the world’s largest outlet center and one of the world’s most productive, will undergo an extreme make-over between 2014 and 2016. Simon Property Group, which owns the 850,000-sf, 28-year-old center in Central Valley, N.Y., plans to spend $170 million on a variety of architectural improvements. The make-over will include:an additional 60,000 sf and 40... more >>

100,000-sf expansion at Tulalip to open June 20

A 100,000-sf expansion that opens June 20 at Simon Property Group’s Seattle Premium Outlets in Tulalip, Wash., will see the addition of about a dozen new tenants and bigger spaces for several existing tenants. The expansion, a wing on the center’s east side, close to Interstate 5, brings Seattle Premium Outlets to 500,000 sf. Sales at the center, which is 100 miles from Vancouver, top... more >>


Staten Island’s CB1 approves outlet center

Staten Island's Community Board One has approved the New York Wheel and Empire Outlet project, which will create a 14-acre site with a 620-feet Ferris wheel, outlet mall and hotel. It was approved based on several conditions, including increased ferry service. BFC of New York is developing the 350,000-sf Empire Outlets, which is being leased by EWB Development. The opening is planned... more >>


Overheard

"Our portfolio associated with value retail is a little over 34 percent of our business. In 2011 it generated $1.2 billion of our NOI. And it is growing." - David Simon, CEO of Simon Property GroupSee more details in the March 2013 VRN more >>


By the Numbers

The world’s 35 largest outlet centers – those that are 500,000 sf or bigger – are mostly found in North America. Twenty-five of the world’s largest are in the U.S., and three are in Canada. Two large outlet centers are in China and two more are in Australia. The 35 centers total more than 23 million sf, or about one-fourth of the world’s total outlet GLA of 96 million sf. Chelsea... more >>


Laredo is back on the outlet map

Planned outlet projects don’t always open when developers say they will – especially if they were announced just before the capital markets dried up – but many sites that have gone dormant do get another chance. And so it goes that Chicago-based Horizon Group Properties has revived plans for the outlet center in Laredo, Texas, that it had begun marketing in 2007. This time, Horizon’s JV... more >>


Outlet Evolution

Outlet retailing might seem like the new kid on the block, but the sector has been evolving since it began in 1979. Check out our "Changing with the Times: Outlet Retailing in America" video, made exclusively for VRN by global outlet researcher Michael Baker more >>


Outlet construction starts in Minnesota

Construction has begun on Baltimore-based Paragon Outlet Partners’ 409,000-sf outlet project. Paragon Outlet Twin Cities at Eagan, which is 10 miles southeast of Minneapolis, 10 miles southwest of St. Paul and five miles south of the massive Mall of America, is scheduled to open in August 2014. Paragon recently acquired the 29-acre plot, at the intersection of Highways 77 and 13, for... more >>


Outlet Agenda

Fall Outlet Leasing and Marketing Convention In September, the VRN Fall Outlet Leasing and Marketing Convention moves back to Secaucus, N.J., for an enhanced program that will include keynote speakers, marketing workshops and roundtables, one-and-a-half days of deal making, and the presentation of the ORCA and Hall of Fame awards. Qualified retailers get in free, and this meeting... more >>


Editorial


Duke Ratliff
Managing Editor
dratliff@icsc.org
+1 646 728 3570


Natasha Reed
Editorial/Production Assistant
nreed@icsc.org
+1 646 728 3558

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Sally Stephenson
Director of National Accounts,
Outlets and Specialty Leasing
sstephenson@icsc.org
+1 847 835 1617

Michael Belli
Business Development
Manager
mbelli@icsc.org
+1 714 313 1942

Amie S. Leibovitz
Business Development
Manager
aleibovitz@icsc.org
+1 773 360 1179

 

Sheila Charton
Business Development
Manager
scharton@icsc.org
+1 646 728 3545

 

 

Global Outlet NewsBrief is an ICSC bulletin produced by Value Retail News and the International Outlet Journal. To subscribe to the Global Outlet NewsBrief, please email nreed@icsc.org.

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