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GLOBAL OUTLET BRIEF
November 24, 2015 FORWARD | ADVERTISE

Senator, congressman, governor at Tanger Outlets Memphis opening

SOUTHAVEN, MISS. The opening last week of Tanger Outlets Memphis in Southaven, Miss., was heralded by an unusually prestigious – and possibly unprecedented in outlet openings – group of dignitaries from the Magnolia State. U.S. Senator Roger Wicker, U.S. Representative Trent Kelly and Governor Phil Bryant helped Tanger Factory Outlet Centers CEO Steven B. Tanger and Poag Shopping Centers CEO... more >>



Horizon gains $20M TIF for Tulsa outlet project

The City of Tulsa has granted a $20 million Tax Increment Financing request to Horizon Group Properties for its Outlet Shoppes at Tulsa project. The approval came via a vote by the city's Admiral Place Community Development Project Review Committee. Horizon plans to open the 360,000-sf project in 2017. The site is at the junction of Interstates 44 and 244, in the east-central section of... more >>

Urban Edge signs leases with Polo RL, Gap for Outlets at Montehiedra

Urban Edge has budgeted $20 million to upgrade the 542,000-sf Outlets at Montehiedra in San Juan, P.R., a conversion project. "We are converting this property into a hybrid, value-oriented center similar to what we did at The Outlets at Bergen Town Center," said chairman and CEO Jeffrey Olson, speaking to analysts on a Sept. 15 tour of Bergen and other Urban Edge properties. "We are... more >>



Boise Factory Outlets on market, asking price $3.5 million

WYSE Investment Services, owner-operator of Boise Factory Outlets, has put the center on the market with an asking price of $3.5 million. The 156,554-sf center opened in 1993 on a 22.3-acre site just off Interstate 84 near the southernmost point in Boise. It is the only outlet center in Idaho and is about 70 percent occupied; tenants include Carter's, Eddie Bauer, Pendleton, Reebok and... more >>



Fashion Outlet Parndorf Group buys Freeport FO in Czech Republic

The ownership of Fashion Outlet Parndorf (Austria) has acquired Freeport Fashion Outlet in Chvalovice, Czech Republic. Freeport Retail opened the 242,200-sf center in 2003. The site is at the Austria-Czech border 50 miles north of Vienna and was formerly a duty-free zone. The Parndorf center is 30 miles southeast of Vienna. Tenants include Asics, Clarks, Esprit, Huber, Juicy Couture,... more >>



Chico’s FAS new CEO Shelley Broader hails from Walmart

Chico's FAS, parent company of outlet retail chains Chico's, Soma Intimates and White House|Black Market, has named Shelley Broader president and CEO, effective Dec. 1. She succeeds David Dyer, who will become vice chair of Chico's FAS. Broader was most recently president and CEO of the Walmart EMEA region, overseeing 1,345 retail stores. She previously held senior positions at Walmart... more >>



Lisa Payne to retire as Taubman vice chairman, CFO

Taubman Centers vice chairman and CFO Lisa Payne will retire in March 2016 after almost 20 years with the developer. "She is incredibly well respected in and out of the company," said Robert Taubman, chairman, president and CEO to analysts on the Oct. 27 third-quarter conference call. "She has been a very close confidant and a wonderful friend." Taubman will promote Simon Leopold,... more >>



Correction

An early edition of the Nov. 12 Global Outlet NewsBrief misstated information about the new Simon-Ivanhoé Cambridge joint venture in European Retail Enterprises. That JV is not associated with the Simon-McArthurGlen JV, or with its McArthurGlen Designer Outlet Málaga project in Spain. more >>


Overheard

"I like the experience of walking in with nothing and coming out with more bags than I can carry. I don't get that experience online." – Ariel, 22, teacher and member of VRN Outlet Shopper Focus Group, December VRN more >>


By the numbers

Macerich reached an all-time high of $630 psf for retail sales in its centers for the third quarter ended Sept. 30. Fashion Outlets of Chicago was a prime contributor to the developer's 7.7 percent same-center sales gain in the period. – REIT Report, December VRN more >>


ICSC Retail Green Conference & Sustainability Showcase

Tues.-Wed., Dec. 1-2, 2015 JW Marriott Desert Ridge Resort & Spa Phoenix, Ariz. Save your company money by deploying the latest green tech solutions and practices, tailored to the retail commercial real estate mode. Retail Green is the venue to learn, share ideas and make personal connections with leading sustainability professionals in design, development, construction, operations and... more >>


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 estate gathering. For attendee and... more >>


VRN Spring Outlet Retail Deal Making

Thursday-Friday, February 11-12, 2016 Loews Pacific Resort Orlando, Fla. 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

Tuesday, March 22, 2016 Business Design Centre London 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 the Business... more >>


ICSC Retail Connections 2016

Wednesday, March 23, 2016 Business Design Centre London 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 >>


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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