REAL ESTATE

Aeropostale will open in-store shops, freestanding stores in Mexico

BY Marianne Wilson

New York — Teen apparel retailer Aeropostale will enter Mexico through a licensing agreement with Distribuidora Liverpool, S.A. de C.V. ("Liverpool").

The agreement includes the opening of branded Aeropostale shop-in-shops in Liverpool department stores across Mexico beginning this summer, in addition to rolling out freestanding stores. The first standalone is scheduled to open this summer, in Mexico City’s Sante Fe Mall.

"We are thrilled to bring the Aeropostale brand to Mexico through both branded shops and standalone stores,” said Thomas P. Johnson, CEO. “We consider Mexico a pivotal market as we look at our overall global expansion strategy. The Liverpool team possesses incredible insight and experience into the consumer as the operator of Mexico’s largest and preeminent department store.

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REAL ESTATE

Target to open new location in Spokane, Wash.

BY Staff Writer

Minneapolis — Target said it plans to open a new store in Spokane, Wash., in July 2014.

The 135,000-sq.-ft. store, part of the Regal Plaza shopping center, will be the retailer’s third location in the Spokane area.

“Target is pleased to open its third store in the Spokane area,” said Bryan Everett, Target’s senior VP of stores in the Midwest and Northwest regions. “Washington continues to be a great market for Target, and we are committed to being a good neighbor and developing long-lasting relationships with guests and the Spokane community.”

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REAL ESTATE

Three more retailers sign with The Palms

BY Michael Fickes

Miami — Three new retailers opened at The Palms at Town and Country in Miami during May. They include a 23,070l-sq.-ft. Total Wine & More, a 2,518-sq.-ft. Voodoo BBQ & Grill, a New Orleans-style barbecue restaurant, and a 2,119-sq.-ft. Crazy 8, a kids’ line retailer from Gymboree Corp.

Under construction now and opening in November is a 47,982-sq.-ft. DICK’s Sporting Goods.

The 75-acre, 700,000 sq. ft. open-air lifestyle center stands at the junction of the Florida Turnpike and Kendall Drive. The traffic count on Kendall Drive exceeds 90,000 vehicles per day, while the count on Florida’s Turnpike is more than 102,350 vehicles.

Owned by financial services organization TIAA-CREF, the center is managed by Jones Lang LaSalle Retail.

Key retailers include Nordstrom Rack, Loehmann’s, New York & Co., Marshalls, Men’s Wearhouse, blue Martini, Cadillac Ranch, Moe’s Southwest Grill and Publix.

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