Plugging in to outlet centers
New York City — In his most recent column “Retail Rap with Jeff Green,” Chain Store Age columnist Green challenges the advent of outlet centers, questioning whether there are enough viable outlet center markets to support the growing number of developers who are plugging into the shopping center format.
Click here to read Green’s column.
Regency Centers leases 20,771 sq. ft. at Peartree Village
Brentwood, Tenn. — Jacksonville, Fla.-based Regency Centers said it has leased retail space to four new tenants at Peartree Village, located in in Brentwood, Tenn.
Petco opened an 11,120-sq.-ft. store, NeighborMD Urgent Care has leased 3,736 sq. ft. of medical office space, and Serenity Nail Spa has leased 2,339 sq. ft. First Watch, a breakfast, brunch and lunch restaurant, has opened its first Tennessee location in 3,586 sq. ft., occupying a former Hollywood Video space. All stores are now open, and the center is 100% leased.
The 110,000-sq.-ft. shopping center is anchored by Harris Teeter and OfficeMax.
Jimmy John’s opens at Chapel Hills Mall
Colorado Springs, Colo. — Addison, Texas-based Coyote Management LP said that Jimmy John’s will open a 1,665-sq.-ft. sandwich shop at Chapel Hills Mall, in Colorado Springs, Colo.
The new restaurant is slated to open this fall.
Chapel Hills Mall is a two-level, 1.2 million-sq.-ft. enclosed super-regional mall anchored by Dillard’s, J.C. Penney, Macy’s, Sears, Dick’s Sporting Goods and Burlington Coat Factory.