(Save the date: RealShare L.A. comes to the Hyatt Regency Century Plaza in Los Angeles, CAon March 27, 2013)
TORRANCE, CA-Those who follow @GlobeStcom onTwitter and @GlobeStLIVEmay have seen a post teasing the announcement, but GlobeSt.com haslearned that Simon Property Group Inc. recentlyrevealed plans to redevelop the 2.3-million-square-foot Del AmoFashion Center here. In addition, Seattle-based Nordstrom Inc.plans to relocate its full-line store at South Bay Galleria to DelAmo Fashion Center. The new store will be 138,000 square-feet ontwo levels, and is expected to open in 2015.
Simon Property Group tells GlobeSt.com that it cannot discloseredevelopment costs at this early state in a project, but notesthat the arrival of Nordstrom is just “one of many significantupgrades Simon will undertake over two years.”
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
*May exclude premium content
Already have an account?
Sign In Now
© 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.