Skip to main content

Tenant Update

  • Glimcher veteran joins Steiner as executive VP

    Thomas “TJ” Drought, who spent nearly 20 years in the employ of WP Glimcher, has joined Steiner + Associates as an executive VP.  

  • Report: Fragrance retailer exploring options

    Declining mall traffic is taking a toll on Perfumania.   Perfumania Holdings Inc. has hired advisers to explore strategic alternatives, including a debt restructuring, Reuters reported. It also plans to negotiate with landlords to exit some of its 313 Perfumania stores.   The company recorded debt of approximately $164 million on Oct. 29 and $2.1 million in cash and cash equivalents, the report said.  

  • Online giant extending brick-and-mortar footprint

    Online giant extending brick-and-mortar footprint.   Amazon is taking its bookstore concept to the San Francisco Bay Area, which has a reputation for supporting independent bookstores.    The company will open a bookstore at Broadway Plaza, an open-air center in Walnut Creek, California, reported the San Francisco Gate.  Although no opening date was given, but Amazon is in the process of staffing up the store.   

  • P.F. Chang’s signs on at Butler Town Center

    Gainesville retail pioneer Butler Enterprises announced the signing of P.F. Chang’s as a restaurant anchor at its Butler Town Center, now under development.   "It's an excellent fit for P.F. Chang's and we're really looking forward to sharing our farm-to-wok food philosophy with the entire Gainesville community," said P.F. Chang’s CMO Dwayne Chambers.  

  • Burlington the latest Sears replacement for PREIT

    Burlington has been announced as the replacement for Sears at PREIT’s Magnolia Mall in Florence, South Carolina. Earlier this month, Dick’s Sporting Goods and Von Maur were introduced as new tenants of Sears spaces that had been recaptured by the Philadelphia-based developer.  

  • Report: Nasty Gal closing stores

    The formerly high-flying Nasty Gal has been brought down to earth — and not in a good way.   The bankrupt fashion retailer will close its two Los Angeles-area stores by the end of February, the Wall Street Journal reported.    On Feb. 8, U.S. Bankruptcy Court for the Central District of California approved the sale of Nasty Gal’s intellectual property and customer database to British online fashion retailer Boohoo.com, which is seeking to speed up its expansion in the United States. 

  • CBL names Hammontree to development post

    CBL & Associates has named Curt Hammontree VP of development. In nearly 18 years with the company, he has worked on 18 mall and outlet developments, the most recent being an outlet project in Laredo, Texas.   “Curt has been a valuable contributor to CBL’s successful development,” said president and CEO Stephen Lebovitz. “We are pleased to be able to recognize his many achievements with this promotion.”  

  • Von Maur destined for Sears space at Woodland Mall

    The Iowa-based Von Maur department store chain will be installing a 90,000-sq.-ft. location at PREIT’s Woodland Mall in Grand Rapids, Michigan, in a space to be vacated by Sears. A 2019 opening is planned.   A 145-year-old, family-owned chain of 31 stores in 14 states, Von Maur’s offerings aspired to the high end with brands like Eileen Fisher, Coach, and Tommy Bahama.  
X
This ad will auto-close in 10 seconds