REAL ESTATE

Dick’s Sporting Goods to anchor Southpark Mall in former Dillard’s space

BY Katherine Boccaccio

Richmond, Va. — Chattanooga, Tenn.-based CBL & Associates Properties said Thursday that Dick’s Sporting Goods will open a new store at Southpark Mall in Richmond, Va.

The existing Dillard’s location will be redeveloped into the new 56,000-sq.-ft. Dick’s store as well as a selection of specialty stores and restaurants. Construction is scheduled to begin in October with a grand opening slated for summer 2013.

“The addition of Dick’s Sporting Goods to Southpark Mall will complete the first phase of our plans to redevelop the Dillard’s location,” said Stephen Lebovitz, president and CEO, CBL. “We are also working to add a new assortment of specialty stores and restaurants to the center.”

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REAL ESTATE

Costco to make Louisiana debut

BY Katherine Boccaccio

New Orleans — Costco Wholesale Corp. will enter the state of Louisiana with a 148,000-sq.-ft. store at Carrollton Plaza Shopping Center in New Orleans.

The new lease, announced by center owner The Feil Organization, will add Costco to a lineup of retailers that includes CVS, Firestone, Family Dollar and Subway.

Costco is slated to open spring 2013.

"We are very excited about helping to bring Costco to New Orleans and contributing to the area’s revitalization,” said Jeffrey Feil, CEO, Feil Organization. "This lease represents a giant step forward for the existing and future retail establishments in New Orleans and will further boost confidence in the local market since hurricane Katrina in 2005.”

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A.Smile says:
Jan-21-2013 10:52 am

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REAL ESTATE

Simon opens Merrimack Premium Outlets

BY Katherine Boccaccio

Merrimack, N.H. — Indianapolis-based Simon Property Group said Thursday that it has opened Merrimack Premium Outlets, an upscale outlet shopping center serving the Greater Boston and Nashua markets.

The center’s Phase 1 is comprised of 410,000 sq. ft., housing 100 outlet stores, including Ann Taylor, Banana Republic, Bloomingdale’s The Outlet Store, Brooks Brothers, Calvin Klein, Coach, Cole Haan, Gap Factory Store, J.Crew, Michael Kors, Nike, Polo Ralph Lauren, Saks Fifth Avenue Off 5th, Talbots, Tommy Hilfiger, Under Armour, White House | Black Market, and more.

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