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GLOBAL OUTLET BRIEF
December 13, 1901 FORWARD | ADVERTISE

Summer yields crop of new outlet centers

Festivities are underway through this weekend at the grand opening of Outlets at Tejon Ranch in Bakersfield, Calif. The 328,000-sf project, developed by Tejon Ranch Company and Rockefeller Group Development, is on the 270,000-acre Tejon Ranch, the largest single piece of private property in California. Barry Zoeller, VP-corporate communications and marketing, Tejon Ranch Co., said the VIP... 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 >>

Minneapolis outlet center opens next week

Slated to open August 14 is Twin Cities Premium Outlets (Eagan, Minn.). Simon joined Paragon Outlet Partners to develop the project after Paragon had secured a site just minutes from the vast Mall of America in Bloomington, Minn., an established tourist attraction directly adjacent to the Minneapolis-Saint Paul International Airport. Simon Premium Outlets COO Mark Silvestri told VRN... 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 >>


Polo’s Stephen Yalof to join Simon

Stephen Yalof, a longtime outlet industry real-estate executive, will become CEO of Simon-Premium Outlets and senior EVP of Simon in September. He succeeds John Klein, who retired from Simon at the end of June. Yalof has served as SVP-real estate for Ralph Lauren Corp. since 2002, following his prior role as senior director of real estate for Gap. He began his career in real estate... more >>


John Klein forms outlet consultancy

John Klein, who retired as CEO of Simon-Premium Outlets in June, has launched a new business, International Outlet Consultants. The new consultancy focuses on international outlet growth, but Klein is also working on non-outlet projects in the U.S.For further details see the September 2014 VRN more >>


Steve Tanger honored as leading entrepreneur

Steve Tanger, president and CEO of Tanger Factory Outlet Centers, Inc., was selected as a 2014 Ernst & Young Entrepreneur of the Year for the Southeast Region, which includes Alabama, Georgia, North Carolina, South Carolina and Tennessee. He was named a winner in the hospitality and retail category, based on the strength of Tanger Outlets’ growth over the last 33 years. The company,... more >>


John R. Ellis, outlet industry pioneer, dies

Outlet industry pioneer John R. Ellis, who was involved in the 1979 opening of the nation’s first outlet mall, died at age 83 in June in Memphis. Known affectionately as the "Mayor of the Outlet Industry," Mr. Ellis was director of leasing for Belz Enterprises when the developer opened Belz Factory Outlet Mall in Lakeland, Tenn. After the opening of that first Belz mall, which was a... more >>


The Prague Outlet plans 2015 opening

A Czech Republic investor group led by Dreitonel has taken on the project of transforming the stalled Galleria Moda, adjacent to Václav Havel International Airport, into The Prague Outlet. Led by Martin Kubišta – veteran of such Prague developments as the Galerie Harfa shopping center – the team plans an October 2015 phase 1 opening of 12,000 m2. Handling leasing is Rioja... 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 >>


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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