REAL ESTATE

Tabani Group buys Prescott Gateway in Prescott, Ariz.

BY Michael Fickes

Phoenix — The Tabani Group has acquired the 578,666-sq.-ft. Prescott Gateway Mall in Prescott, Ariz., according to CBRE, the broker that represented the undisclosed seller in the transaction.

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REAL ESTATE

Cabela’s to open new store in Kentucky in fall 2014

BY Dan Berthiaume

Sidney, Neb. – Cabela’s plans to open a 42,000-sq.-ft. Cabela’s Outpost store in Bowling Green, Ky. The store will be Cabela’s second in Kentucky, joining the Louisville location, and is scheduled to open in the fall of 2014.

Cabela’s Outpost stores are built with a rugged look and feel. The Bowling Green location will feature museum-quality wildlife displays, a gun counter, indoor archery range, archery tech room and hand-painted murals, as well as a core-flex layout featuring digital signage and seasonal product assortments.

Currently, Cabela’s operates 50 stores across North America with plans to open an additional 19 during the next two years.

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Macy’s, Bloomingdale’s to anchor new Mall at Miami Worldcenter

BY Marianne Wilson

Cincinnati — Macy’s announced an agreement for Macy’s and Bloomingdale’s stores to anchor the new Mall at Miami Worldcenter, to be built in downtown Miami. Current plans call for the stores to open in fall 2016.

Miami Worldcenter, a major mixed-use project with retail, hotel, residential and convention space, is being planned by The Forbes Company and Taubman Centers.

The development is located to attract both resident and tourist customers, with easy access to interstate highways and rail, museums, The Adrienne Arsht Center for the Performing Arts, American Airlines Arena and the Port of Miami cruise ship terminals.

The Macy’s and Bloomingdale’s stores – each on three levels – will anchor the north and south ends of the retail mall, respectively.

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