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November 12, 2015 FORWARD | ADVERTISE

Craig Realty Group opens Outlets at San Clemente

Craig Realty Group today opens the 325,000-sf Outlets at San Clemente (Calif.), completing a development process that has taken 18 years. Blessed by a soothing view of the palm tree-bordered Pacific Ocean and graced with Southwestern architectural styling and lush landscaping, the project was also cursed with a long string of zoning, environmental and financial setbacks that the developer... more >>

Urban Edge to expand Outlets at Bergen Town Center

Urban Edge Properties, approaching the one-year anniversary of its January 2015 spinoff from Vornado Realty Trust, is preparing a major expansion of its 1.5 million-sf value megamall, The Outlets at Bergen Town Center in Paramus, N.J. "We are working on plans to add an additional 200,000 sf to meet demand from other outlet stores, discounters and food users," said chairman and CEO... more >>

DDR announces 2016 tenants for expanded Pike Outlets

Fresh from its October celebration of the expansion and rebranding of The Pike Outlets in Long Beach, Calif., DDR has new retailers in the wings. "In addition to the recent openings, we now have signed leases with Columbia Sportswear, Cotton On, Hot Topic and Starbucks," said Paul Freddo, SEVP of leasing and development, DDR. "The Pike Outlets is now 88 percent leased." Center GM Rose... more >>

Macerich signs Nordstrom Rack for Fashion Outlets of Chicago

Macerich has signed a lease with Nordstrom Rack to open a store in Fashion Outlets of Chicago in Rosemont, Ill. Speaking to analysts on the Oct. 28 third quarter earnings call, Robert Perlmutter, EVP of leasing, said that about 200,000-sf in new leases signed companywide during the third quarter came from retailers seeking footprints larger than 10,000 sf – including Nordstrom Rack,... more >>

Field & Stream opens 50,000-sf store at Asheville Outlets

Field & Stream, a retailer owned by Dick's Sporting Goods and specializing in hunting, fishing and camping gear, on Oct. 8 opened at Asheville (N.C.) Outlets. The 50,000-sf store is the third Field & Stream door in the state and one of 19 overall. The 325,000-sf outlet center, which opened on May 1, was developed by New England Development in partnership with Tremont Realty Capital. The... more >>

New luxury outlets open at Sawgrass Mills to capture holiday sales

New luxury tenants have opened at Simon's Colonnade Outlets at Sawgrass Mills in Sunrise, Fla., in time for a full holiday season. Nine luxury retailers join the roster at the 305,000-sf center: Alexis Bittar, CH Carolina Herrera, Helmut Lang, John Varvatos Outlet, Marc Jacobs, Rag & Bone, Ted Baker London, Tod's and Vince. Each is the brand's first outlet store in South Florida.... more >>

Taubman upgrades dining, parking at Dolphin Mall

Taubman Centers has added a restaurant wing and a multi-story parking deck to Dolphin Mall, its 1.4 million-sf value megamall in Miami. "We're adding 32,000 sf in new restaurant space," Robert Taubman, chairman, president and CEO told analysts on the Oct. 27 third-quarter conference call. "Brio Tuscan Grille and Kona Grill are both open. Cabo Flats Cantina comes in December and Burger &... more >>

Silk Road quickens outlet pace with Florentia Village Guangzhou-Foshan

The international JV of Silk Road Holdings and RDM Asia, along with backers Gaw Capital and TH Real Estate, has opened its third outlet center in China, Florentia Village Guangdong-Foshan. RDM also operates Florentia Village Wuqing in Tianjin (opened in 2011) and Florentia Village Shanghai (opened last January). The three centers total 1.83 million sf. Now the portfolio is really set to... more >>

Longtime Tanger CFO Marchisello to retire in May 2016

Frank C. Marchisello Jr., EVP and CFO of Tanger Factory Outlet Centers, will retire in May 2016. Steven B. Tanger, chairman and CEO, made the announcement Oct. 28 on the Tanger third quarter conference call. "Frank has been involved with the company since its inception in 1981 and helped to structure and implement our initial public offering in May 1999," Tanger said. "Throughout it... more >>


“We’re omni-brick…It comes down to bodies. If bodies are delivered, we can do sales.” – Michael Townsend, Forever 21 more >>

By the numbers

McArthurGlen Designer Outlet Vancouver Airport opened July 9 and drew its 1 millionth visitor before October 1 – well over the 600,000-shopper goal for that date. The 240,000-sf center, 85 percent leased with 57 tenants, draws 40 percent of its shoppers via public transportation; of the 60 percent who drive, 10 percent are from the U.S. – November 2015 VRN more >>

ICSC New York National Conference

ICSC New York National Conference Monday-Tuesday, December 7-8, 2015 Jacob K. Javits Convention Center, NYC This two-day event has become the cold-weather complement to RECon. More than 9,500 attended the 2014 edition. Deal making. Networking. How-to panels, research results, action plans and much more. Outlet industry colleagues form a key cohort of this vital and growing retail real... more >>

VRN Spring Outlet Retail Deal Making

Earlier this year! VRN Spring Outlet Retail Deal Making will return to Loews Pacific Resort Orlando, Fla., Thursday-Friday, February 11-12, 2016. The outlet center industry's must-attend spring event. Register now and save click here. more >>

ICSC European Outlet Conference

ICSC European Outlet Conference ICSC European Outlet Conference Brands, retailers, landlords and developers come together for this one-of-a-kind event: Representing Europe's more than 150 outlet centers operating from Ireland to Dubai and from Portugal to Russia. Dozens of new projects and expansions. Ownership changes and new joint ventures. Save the Date: Tuesday, March 22, 2016 at... more >>

ICSC Retail Connections 2016

Only in Europe, a must for global retail real estate professionals: Retailers and developers meet in the biggest and best pure deal making event for shopping center leasing. Save the Date: Wednesday, March 23, 2016 at the Business Design Centre, London. Full details coming soon click here. more >>

Global Outlet NewsBrief: 10,931 subscribers via email

As the outlet center industry sustains its expansion in the U.S. and around the world – adding more than 5 million sf of retail GLA annually – VRN editors provide your every-other-week digest of developments, expansions, staff moves, retailer news, data and analysis. Global Outlet NewsBrief can also be your direct email channel to more than 10,000 fully engaged outlet industry insiders.... more >>

Stay current with @ValueRetailNews on Twitter

Who follows @ValueRetailNews on Twitter? Retailer leasing executives. Outlet center developers. Real estate advisors. Brand strategists. VRN tweets are liked, favorited and retweeted by an amazing range of companies including: Asheville Outlets, CBL Properties, Cherokee Nation, Chicago Premium Outlets, le Conseil National (France) des Centres Commerciaux, Dalton Park Outlet, Empire... more >>


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