REAL ESTATE

General Growth Properties Expands Kids Club

BY CSA STAFF

New York City, General Growth Properties signed a deal to bring an educational club for small children to 85 more malls around the country by August 2005. Club NOGGIN, the interactive, in-mall experience for preschoolers, was launched a year ago in five test markets, and will expand to New York, Los Angeles, San Francisco, Dallas, Atlanta, Detroit, Houston and Seattle, among others. The club offers a free 75-minute program for kids aged 3 to 6.

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REAL ESTATE

Shoe Carnival Promotes Real Estate Exec

BY CSA STAFF

Evansville, Ind., Shoe Carnival Inc. has promoted Jay Neisen to the post of assistant VP of real estate. He was previously Shoe Carnival’s in-house real estate counsel.

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REAL ESTATE

Cabela’s to Open Two New Texas Stores

BY CSA STAFF

Sidney, Neb., Cabela’s, retailer of hunting, fishing and outdoor gear, will open two new Texas stores this summer. A 230,000-sq.-ft. Fort Worth location will open May 26, while an 185,000-sq.-ft. Buda branch is scheduled to open June 30. More than 4 million annual shoppers are expected to visit the Fort Worth store, and more than 3.5 million are expected to visit the Buda store, near Austin, each year, making the stores the No. 1 and No. 2 largest tourist attractions in Texas, according to Cabela’s. The stores each will feature a bronze sculpture, a museum-quality diorama, a large aquarium and wild-game trophies. The new Texas locations will be the Sidney, Neb.-based company’s 11th and 12th destination store locations.

“We are thrilled that Texas is Cabela’s first location in the southern part of the United States,” Dennis Highby, Cabela’s president and CEO, said in a statement. “Texans are passionate about the great outdoors, and our stores serve as a tribute to conservation and wildlife. It’s a perfect fit.”

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