Simon opens St. Louis Premium Outlets
Chesterfield, Mo. — Simon Property Group has announced the opening of Phase I of St. Louis Premium Outlets in Chesterfield, Mo., a suburb of St. Louis.
The 350,000-sq.-ft. Phase I features 90 outlets and is 100% leased. Designer and name branded outlet shops include Armani, Kate Spade New York, Michael Kors, Nike, Saks Fifth Avenue Off 5th and Under Armour.
The center is a joint venture between Simon Property Group and Woodmont Outlets, an affiliate of The Woodmont Company, a retail shopping center developer and operator.
Times Square Mall welcomes Hobby Lobby
Mount Vernon, Ill. — Hobby Lobby has signed a lease for 52,729 sq. ft. at Times Square Mall in Mount Vernon, Ill., and plans to open in the first quarter of next year, according to Pine Tree Commercial Realty LLC.
Pine Tree owns the 269,328-sq.-ft. center, anchored in partnership with The Sansone Group and Wanxiang America Real Estate Group.
University Village signs three new tenants
Riverside, Calif. — University Village Shopping Center in Riverside, Calif., has inked five-year leases with three new tenants, according to NewMark Merrill Companies.
• Amazon Toner, which refills ink and toner cartridges for 30% to 50% below retail, has taken 1,355 sq. ft.
• House of Beauty has leased 1,866 sq. ft.
• UC Bakery has signed a five-year lease for 1,433 sq. ft.
University Center is a 178,020-sq.-ft. outdoor community center anchored by Regency Theatres.