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Simon Property Group

  • Simon Property taps Zoomingo app for holiday promotions

    Seattle -- Zoomingo, the personalized shopping discovery app that helps shoppers find the best deals in their local stores and malls, announced an agreement with Simon Property Group, the largest mall operator in the U.S., to market the Zoomingo app for the upcoming 2013 holiday shopping season.

  • J.C. Penney in mobile initiative to drive sales

    Shoppers at J.C. Penney stores this holiday season will discover a more rewarding experience following the retailer’s decision to team up with leading retail app Shopkick.

    J.C. Penney shoppers will be able to Shopkick’s currency known as "kicks” along with special offers from the retailer when visiting any of its nearly 1,100 stores

  • Simon reopens Shops at Nanuet in N.Y.

    Indianapolis — Simon Property Group has announced the grand re-opening of the redeveloped The Shops at Nanuet, a 750,000-sq.-ft. open-air main street center in Rockland County, N.Y.

    With the re-opening, three new anchors are making a debut: Fairway Market, open now, Regal Cinemas, opening in November, and 24-Hour Fitness, opening in December. They will join existing anchors Macy’s and Sears at the property.

  • Simon announces new execs

    Indianapolis — Simon Property Group has announced the addition of two executives and promotions within its Premium Outlets division.

  • Regional mall REITs take on e-commerce

    New York -- While online retail sales continue to rise, regional malls continue to generate profits, according to an SNL Financial LC analysis.

    The U.S. Census Bureau has estimated that retail e-commerce sales for the second quarter of 2013 grew by 4.9% over the prior quarter to $64.8 billion, an 18.4% gain over the preceding 12 months. Still, e-commerce accounts for less than 6% of retail sales, according to SNL (www.snl.com).

  • Premium Outlets Montreal break ground

    Montreal — Simon Property Group, SmartCentres and Calloway REIT hosted a groundbreaking ceremony on Oct. 2 to begin construction of Premium Outlets Montreal, the second Premium Outlet Center in Canada.

  • Simon receives sustainability recognition

    Indianapolis — Simon Property Group has received recognition for its sustainable efforts.

    First, SPG has been named to the 2013 CDP Global 500 Climate Disclosure Leadership Index (CDLI). The annual index highlights FTSE Global 500 companies that demonstrate leadership through disclosure of information regarding climate change and score within the top 10% of the five hundred companies assessed. This is SPG’s fifth CDLI award and its third due to top score on disclosure of green house gas emissions and energy use.

  • Simon and Tanger break ground on Charlotte Outlets

    Indianapolis — Simon Property Group and Tanger Factory Outlet Centers have announced that construction has begun on Charlotte Premium Outlets. The first phase of the planned 400,000-sq.-ft. center will open in the summer of 2014. The project is a 50/50 joint venture between Simon and Tanger.

    Charlotte Premium Outlets will feature Saks Fifth Avenue Off 5th and more than 90 other outlet stores.

    Tanger is providing site development and construction supervision to the venture. Simon is providing management services and marketing.

  • Smart & Final Extra! Signs into San Dimas Plaza

    San Diego — Brixmor Property Group has leased approximately 45,000 sq. ft. to Smart & Final Extra! at Brixmor’s San Dimas Plaza in San Dimas, Calif. The supermarket/warehouse store will take over the space formerly occupied by Ralphs. NAI Capital represented Smart & Final.

    T.J. Maxx anchors the 119,157-sq.-ft. San Dimas Plaza alongside national retailers Rite Aid, Payless ShoeSource, Sprint and RadioShack.

     

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