REAL ESTATE

Australian brand Lorna Jane set to open second U.S. Location

BY Marianne Wilson

Los Angeles — Lorna Jane, the premier Australian activewear brand for women, will open its second U.S. location, in Marina del Rey, Calif., this month.

The company’s other U.S. location opened in March 2012, in Malibu, Calif. A third flagship store is scheduled to open in June in Santa Monica, and an online retail store will launch later this year.

“Bill, my husband and Lorna Jane CEO, and I have visited Marina del Rey many times on our trips to the US and have always enjoyed the active lifestyle there,” said founder and chief creative officer Lorna Jane Clarkson. “The brand and my own personal philosophy, Move Nourish Believe, resonates with the healthy and vibrant nature, and we hope the women in the area will embrace Lorna Jane and love what we have to offer.”

The new store’s decor is representative of a classic Australian Lorna Jane store so that the culture and history of the brand can be conveyed to the U.S. customer. The walls are whitewashed, complemented by timber floors, and soft furnishings. Inspirational sayings and inspiring images greet you as you enter and the color scheme is warm and uses neutral tones.

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REAL ESTATE

Saks Fifth Avenue Off 5th to open seven stores at Simon Premium Outlet Centers

BY Staff Writer

Indianapolis — Simon Property Group announced that Saks Fifth Avenue Off 5th will open a total of seven new stores in the next two years in its Premium Outlets division, including new centers and existing centers.

The new centers include: Merrimack Premium Oulets, Merrimack, N.H.; Phoenix Premium Outlets, Chandler, Arizona; St. Louis Premium Outlets, Chesterfield, Mo.; and Tampa Premium Oulets, Wesley Chapel, Fla. Expansions are planned for the following centers: Chicago Premium Outlets, Aurora, Ill.; Las Vegas Premium Outlets—North, Las Vegas; and Orlando Premium Outlets-Vineland Ave., Orlando, Fla.

In addition, SPG said that Saks Fifth Avenue Off 5th has made a long-term commitment to its Potomac Mills presence by finalizing its intention to move within the center to a new space on the front side of the property located between a mall entrance and Costco.

“We continue to be pleased with the performance of our Saks Fifth Avenue Off 5th stores in the Simon portfolio and are excited to have so many strong locations for us to grow with. These locations will enable us to continue to deliver our distinct merchandise offerings to area residents and visitors,” stated Robert Wallstrom, president of Saks Fifth Avenue Off 5th.

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REAL ESTATE

Jones Lang LaSalle awarded assignments for retail centers in Florida

BY Staff Writer

Orlando, Fla. — Jones Lang LaSalle announced that it was selected for two retail assignments in Florida: management and leasing for the Galleria at Fort Lauderdale in Ft. Lauderdale and management for Vero Beach Outlets in Vero Beach.

The Galleria at Fort Lauderdale is a 964,423-sq.-ft. super-regional mall in South Florida, anchored by Neiman Marcus, Macy’s and Dillard’s.

Vero Beach Outlets is a 328,254-sq.-ft. regional outlet center consisting of eight retail buildings with 51 tenants and more than 70 fashion brands including Ann Taylor Factory Store, Banana Republic Factory Store, BCBGMAXAZRIA, Brooks Brothers, Calvin Klein, Chico’s Outlet, J. Crew Factory, Crocs Outlet, Jones New York, Justice, Nike and Tommy Hilfiger.

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