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Simon Property Group

  • Starwood names new leasing chief

    Michael J. Powers, a leasing veteran and principal in a progressive hair salon concept, has been promoted to senior VP and head of leasing at Starwood Retail Partners.   Prior to joining Starwood as VP of leasing in 2013, Powers helped found Salonspace, a concept that seeks to provide hair stylists with a workplace environment they can approach on their own terms. He is a leasing veteran of Simon Property Group, Steiner + Associates, and Glimcher Realty Trust.  

  • Brixmor buys grocery-anchored center in Ann Arbor

    Brixmor Property Group has purchased Arborland Center, a 404,000-sq.-ft. center in Ann Arbor, Michigan, for $102 million. The center is anchored by Kroger and Nordstrom Rack and is situated between the University of Michigan and Eastern Michigan University.  

  • Brixmor buys grocery-anchored center in Ann Arbor

    Brixmor Property Group has purchased Arborland Center, a 404,000-sq.-ft. center in Ann Arbor, Michigan, for $102 million. The center is anchored by Kroger and Nordstrom Rack and is situated between the University of Michigan and Eastern Michigan University.

  • Luxury department store retailer in Fort Worth opening

    Neiman Marcus will unveil its relocated store in Fort Worth, Texas, at The Shops at Clearfork, on Feb. 10.    The nearly 95,000-sq.-ft. store is the anchor tenant — and first to open — at the new upscale open-air center, which is being developed by Simon Property Group.    The new Neiman Marcus blends a modern, luxurious design with state-of-the art technology and an array of special services.  

  • Teen apparel retailer reopens 500-plus stores

    Aeropostale, the teen apparel retailer that most of the industry had written off as dead, has risen like a Phoenix.     Starting this week, the company is reopening more than 500 doors across the United States. In February, Aéropostale will kick off its spring 2017 marketing campaign, which is designed to showcase the brand’s trans-formation under its new owners. The campaign will be in the stores as well as online and through social media.    

  • Woodmont names Geddis to run outlet leasing

    The Woodmont Company has hired Pendleton Mills real estate executive John Geddis to handle leasing at the firm’s growing outlet center portfolio. His title will be senior VP of brokerage services.   Geddis gained extensive experience on both the owner and tenant sides of the business in a 20-year career, with stints at Simon Property Group and General Growth Properties, as well as Samsonite. At Pendeton, he oversaw development for the company’s 50 owned retail and outlet locations.  

  • Brickell City Centre makes its debut

    Four years of construction in Miami’s Brickell financial district culminates on Thursday with the opening of a three-level, open-air retail center featuring the return of Saks Fifth Avenue to the city after a 30-year absence.  

  • Report: Aeropostale has potential to become a 500-store chain—again

    A big mall developer thinks Aerospostale still has plenty of life left in it.   Simon Property Group, along with General Growth Properties and several other companies, bought the failing chain out of bankruptcy in September.  Speaking to a group of investors last week,  CEO David Simon expressed confidence in Aeropostale’s ability to regain momentum.  
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