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A|X Armani Exchange announces new store openings
Metropolis' client A|X Armani Exchange opened two stores this past June in the New York Metro area at Staten Island Mall (Staten Island, NY) click here for photos and at Willowbrook Mall (Willowbrook, NJ) click here for photos.
Other store openings this Fall include openings in August of Los Cerritos Center (Cerritos, CA) and Jersey Gardens (Elizabeth, NJ), Scottsdale Quarter (Scottsdale, AZ) which opens in September and Houston Premium Outlets (Houston, TX) opening in November. In addition, three Canadian stores will open this Fall at Carrefour Laval (Montreal), Chinook Centre (Calgary) and Oakridge Centre (Vancouver). More 2010 and 2011 openings to be announced as leases are signed. All new A|X Armani Exchange stores incorporate the latest A|X store prototype design.
Metropolis' client The Tropicana Casino and Resort in Atlantic City, NJ has a new owner
A group of bondholders headed by financier Carl Icahn assumed ownership of The Tropicana. The transaction closed in late March, 2010.
Metropolis is the exclusive leasing representative for retail space at The Quarter at the Tropicana in Atlantic City, NJ. The Quarter at the Tropicana is the retail and entertainment center in Tropicana Casino & Resort. The 14-acre facility includes over 2,000 hotel rooms and 147,000 square feet of gaming space and approximately 150,000 square feet of shops and restaurants. New leases signed at The Quarter include Starbucks and Mrs. Field's Cookies. Metropolis is now seeking other quality retailers to add to The Quarter’s mix of world-class restaurants, non-stop entertainment, and its unique assortment of shops and experiences. Please click here for more information on the project.
Metropolis partners with Sun, Light & Power to bring solar to the retail sector
Metropolis is committed to encouraging and facilitating green building practices in the retail industry. As part of this effort, Metropolis has partnered with solar industry pioneer Sun Light & Power to market the benefits of solar photovoltaic (i.e., generating electricity from sunlight) systems to the retail sector. Earlier this year Metropolis and Sun, Light & Power teamed up on a solar deal to supply an end user with a 90KW photovoltaic system. More projects are currently being evaluated.
"Retail property owners and managers are investing in solar energy to secure long-term competitive energy rates, reduce overhead costs, and maximize margin," said Lary Hanshaw, President and CEO of Metropolis Retail, Inc. "Government rebates and tax credits accelerate the return on investment. Third party Power Purchasing Agreement (PPA) financing can eliminate up-front costs, which can be substantial, while lowering overall monthly expenditures." For more information on whether solar makes sense for your project, please contact Lary Hanshaw, at 510-339-4545.
Bare Escentuals, an innovator and leader in mineral-based cosmetics, has appointed Metropolis to lead the effort to secure retail locations in upscale casino/resort locations. Bare Escentuals has over 100 company-owned stores in the U.S. They also distribute product through Sephora, Ulta, various department stores, home shopping television, and hundreds of spa and salon locations. In March, Bare Escentuals was acquired by and will operate as a separate business division of Shiseido, Japan's biggest maker of cosmetics. This acquisition gives Shiseido a distribution channel in the U.S. and provides a growth vehicle for Bare Escentuals internationally.
Bare Escentuals opened their first casino-based store at Mohegan Sun in Uncasville, CT in early July. The store immediately became one of the top performers in the chain. Locations generally range in size from 600 to 800 square feet. Please click here for more detailed information on site requirements for Bare Escentuals in casino/resort locations.
Pumpkin Patch, based in Auckland, New Zealand, sells premium, innovative clothing for babies and children as well as high-quality maternity clothes. Pumpkin Patch opened for business in 1991 with 1 retail store and a mail order catalogue. They continued to add stores in New Zealand and then expanded into Australia in 1997, the United Kingdom in 2000, and the United States in 2005.
Metropolis represents Pumpkin Patch throughout the U.S. The Pumpkin Patch USA portfolio now encompasses approximately 20 stores in California, Washington, Oregon, Maryland, and Virginia. The company has announced plans to test a new store prototype in the U.S. in a reduced footprint in the 1,800-2,000 range. More details to follow.
Metropolis to assist Ambiente with U.S. expansion
The German sportswear brand, Ambiente, opened its first U.S. store in Palm Desert, CA in 2009 and plans to open other stores in selected U.S. markets. Sites will be in the 1,600 square foot range, in upscale malls and high-end street locations near their target market - affluent or career women, ages 25 to 60. The Ambiente brand, founded 24 years ago in Europe, features several collections including Ambiente for Day-to-Evening and Ambiente Sport. For more information on Ambiente and their site requirements, please contact Jim Bradley at 510-339-4545.
Ron Jon Surf Shop selects Metropolis as its exclusive broker in the Las Vegas market
Ron Jon, a leader in sale of swimwear, casual clothing, surfboards and beach accessories, has appointed Metropolis to secure a flagship location in the Las Vegas market. Founded in 1959 on Long Beach Island in New Jersey, Ron Jon has selectively expanded down the southeastern U.S. seaboard.
Ron Jon requires 10,000-20,000 square feet in a high-foot traffic tourist location. Please click here to learn more about Ron Jon and their Las Vegas requirements.
Metropolis maps locations secured for its retail clients Metropolis Retail, Inc. has updated this website to include maps which show the locations of a majority of the transactions we have negotiated for our retail clients. Please click here to view the maps.
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