REAL ESTATE

Simons opens its first outlet center in Southeast Asia

BY Staff Writer

Indianapolis — Simon Property Group announced that, in 50/50 partnership with Genting Berhad, it has opened Johor Premium Outlets, its first Premium Outlet Center in Southeast Asia.

The center encompasses 173,000 sq. ft. of gross leasable area featuring 80 stores and is located in Johor Bahur, Malaysia. A grand opening celebration will take place on December 11, 2011.

Retailers in the new center include Adidas, Armani, Brooks Brothers, Burberry, Canali, Coach, Esprit, Ermenegildo Zegna, Gap, Guess, Lacoste, Michael Kors, Nike, Oroton, Ralph Lauren, Royal Selangor, Salvatore Ferragamo, Swiss Watch Gallery, Timberland, Tommy Hilfiger, and Tumi.

Simon’s Premium Outlets portfolio includes 70 Premium Outlet Centers, with 57 in the United States, one in Puerto Rico, eight in Japan, two in South Korea, one in Malaysia and one in Mexico.

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REAL ESTATE

Pure Health Bar makes New Jersey debut at Cherry Hill Mall

BY Staff Writer

Cherry Hill, N.J. — Philadelphia-based Pennsylvania Real Estate Investment Trust said that Pure Health Bar has opened at Cherry Hill Mall, in Cherry Hill, N.J.

Located in the Food Court, the 263-sq.-ft. Pure Health Bar is the only one of its kind in New Jersey and Pennsylvania, expanding the mall’s roster of first-to-market retailers.

Cherry Hill Mall’s dining options continue to expand, as Bobby’s Burger Palace recently opened at the mall, and Grand Lux Café by The Cheesecake Factory is set to open in fall 2012.

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REAL ESTATE

Mediterranean restaurant to open at Union Square

BY Staff Writer

New York City — Winick Realty Group said that restaurateur Danny Hodak, owner of Hell’s Kitchen Mediterranean eatery Taboon, has leased 1,000 sq. ft. of ground-floor space at 30 East 13th Street, between Fifth Avenue and University Place, for a new, as-yet-unnamed quick-service Mediterranean concept.

The restaurant is anticipated to open in the next two months and if it’s a success, Hodak plans to roll out more locations for the concept across New York City.

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