"Our Kildeer project is fully leased with tenant openingsscheduled for the fall of this year," executive vice presidentDaniel B. Hurwitz said in a recent earnings conference call. "Majortenants expected to open include Bed Bath & Beyond, CircuitCity, Cost Plus, Old Navy and Ulta 3."

While the 506,000-sf Deer Park Town Center exemplifies thelifestyle center trend, smaller community centers such as Shops atKildeer are enjoying a renaissance of sorts.

"Tenants today, because there are no new super-regional mallsbeing built in the country today, are looking wherever they can inorder to do business," CEO and chairman Scott Wolstein said in thesame conference call. "What I would've considered the historicalsnobbery of saying, 'I want to be in a mall of one million sf thatdoes sales of X,' has gone by the wayside. Tenants are a lot lessinterested in their neighboring tenants than they are in doingvolume."