The building has international and local retail stores and a fewentertainment facilities, such as a 10-screen cinema, restaurants,bowling, a children's area, fitness facilities and an arcade.Frances Whiting, manager, said the property sets a benchmark forretail in the city. Tenants include Zara, Gap, Sephora, Nike,Addidas and Benetton.

David Davidov, director of commercial brokerage services atColliers International Bulgaria, said in a statement that themarket has been quite cautious during the past 18 months. However,he said this new center has high occupancy. "We are confident andextremely pleased to have secured a very strong tenancy mix for theMall, one that will secure its leadership position in the market,"Davidov said. His firm also manages other area centers, includingBulgaria Mall, Grand Plaza Rousse, Mall Pleven, Park Mall StaraZagora and the new Grand Mall in Varna, to be opened thissummer.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.