Green Acres Mall

Macerich Reports Record Leasing Volumes

Retrieved on: 
Monday, August 21, 2023

Per Macerich CEO Tom O’Hern: “Leasing volumes continued at a record level … year-to-date leasing volumes are better than this time last year.

Key Points: 
  • Per Macerich CEO Tom O’Hern: “Leasing volumes continued at a record level … year-to-date leasing volumes are better than this time last year.
  • And keep in mind that leasing in 2022 was as good as it’s been in the last decade.”
    Specifically, in the second quarter, Macerich signed 191 leases for 1.4 million square feet.
  • “Macerich’s top-quality Regional Town Centers continue to mean more things to more people, thanks to the wide variety of categories and uses we successfully attract,” said Doug Healey, senior executive vice president, Leasing, Macerich.
  • “The leasing pipeline of new store openings now accounts for almost $66 million of incremental rent in the aggregate, which will be realized in 2023, 2024 and 2025,” added Healey.

Macerich Welcomes Primark to Green Acres Mall

Retrieved on: 
Thursday, June 29, 2023

SANTA MONICA, Calif., June 29, 2023 (GLOBE NEWSWIRE) -- Macerich (NYSE: MAC), one of the nation’s leading owners, operators and developers of one-of-a-kind retail and mixed-use properties in top markets, today announced that Primark has opened a new Long Island store at Green Acres Mall.

Key Points: 
  • SANTA MONICA, Calif., June 29, 2023 (GLOBE NEWSWIRE) -- Macerich (NYSE: MAC), one of the nation’s leading owners, operators and developers of one-of-a-kind retail and mixed-use properties in top markets, today announced that Primark has opened a new Long Island store at Green Acres Mall.
  • At Green Acres, Primark is located in Center Court, adjacent to another prominent international retailer scheduled to open in Fall 2023.
  • Green Acres Mall marks Primark’s seventh store at a Macerich property and seventh in New York State.
  • Set just east of New York City on the border of Queens and Nassau counties in the diverse, idyllic Long Island villages, Green Acres Mall is a popular retail destination for residents and visitors alike.

Macerich Welcomes Primark to Green Acres Mall

Retrieved on: 
Thursday, June 29, 2023

SANTA MONICA, Calif., June 29, 2023 (GLOBE NEWSWIRE) -- Macerich (NYSE: MAC), one of the nation’s leading owners, operators and developers of one-of-a-kind retail and mixed-use properties in top markets, today announced that Primark has opened a new Long Island store at Green Acres Mall.

Key Points: 
  • SANTA MONICA, Calif., June 29, 2023 (GLOBE NEWSWIRE) -- Macerich (NYSE: MAC), one of the nation’s leading owners, operators and developers of one-of-a-kind retail and mixed-use properties in top markets, today announced that Primark has opened a new Long Island store at Green Acres Mall.
  • At Green Acres, Primark is located in Center Court, adjacent to another prominent international retailer scheduled to open in Fall 2023.
  • Green Acres Mall marks Primark’s seventh store at a Macerich property and seventh in New York State.
  • Set just east of New York City on the border of Queens and Nassau counties in the diverse, idyllic Long Island villages, Green Acres Mall is a popular retail destination for residents and visitors alike.

PRIMARK CONTINUES US EXPANSION WITH THREE SUMMER OPENINGS IN LONG ISLAND, NY, ELIZABETH, NJ, AND ALBANY, NY

Retrieved on: 
Tuesday, May 23, 2023

BOSTON, May 23, 2023 /PRNewswire/ -- Primark, the international clothing retailer that offers quality fashion at value prices, has announced it will open its doors to three new stores this summer: Green Acres Mall in Long Island, NY on June 22nd, The Mills at Jersey Gardens in Elizabeth, NJ on July 6th and Crossgates Mall in Albany, NY on July 20th. Each of the three new stores will boast more than 33K square feet of retail selling space where shoppers can explore Primark's unique range of fashion and accessories. 

Key Points: 
  • In preparation, Primark's Talent Acquisition team is searching for retail colleagues to fill critical full and part-time roles.
  • Primark has been expanding rapidly across the US, with the goal to scale to 60 stores by 2026.
  • The retailer recently announced plans to further expand into the southern US, with aims for Texas in the future.
  • Sign up here to stay updated on Primark's latest product drops, style inspiration, store opening dates, and more.

Macerich Achieves BREEAM Certification of 11 Retail Assets Spanning Nearly 14 Million Square Feet

Retrieved on: 
Wednesday, May 10, 2023

Macerich, a leading owner, operator and developer of top retail and mixed-use destinations across major U.S. markets, today announced the successful certification of 11 retail assets under BREEAM’s In-Use certification standard.

Key Points: 
  • Macerich, a leading owner, operator and developer of top retail and mixed-use destinations across major U.S. markets, today announced the successful certification of 11 retail assets under BREEAM’s In-Use certification standard.
  • Macerich sought BREEAM certification of these assets in part to ensure that a thoughtful multi-level assessment was completed upon certification.
  • From a governance perspective, Macerich and BREEAM share a commitment to transparency that was reflected throughout this certification process.
  • Certification of all 11 Macerich assets was supported by the third-party assessor team at UL Solutions.

Macerich Welcomes Primark to Popular Queens Center

Retrieved on: 
Tuesday, February 28, 2023

SANTA MONICA, Calif., Feb. 28, 2023 /PRNewswire/ -- Macerich (NYSE: MAC), one of the nation's leading owners, operators and developers of one-of-a-kind retail and mixed-use properties in top markets, today confirmed that Primark is coming to Queens Center in New York City.

Key Points: 
  • Addition of fashion-forward retailer deepens Macerich, Primark relationship
    SANTA MONICA, Calif., Feb. 28, 2023 /PRNewswire/ -- Macerich (NYSE: MAC), one of the nation's leading owners, operators and developers of one-of-a-kind retail and mixed-use properties in top markets, today confirmed that Primark is coming to Queens Center in New York City.
  • In its seventh store at a Macerich property, Primark will occupy 54,562 square feet of multi-level space.
  • Set in the bustling and densely populated New York City borough, Queens Center is a major regional retail destination and among the best-performing in the Macerich portfolio of high-quality properties.
  • Many national brands list their Queens Center location as among their top-performing, with overall sales at the center topping $1,700 per square foot.

Green Acre Capital Distribution Corp. Makes An Additional Investment of US$6 million, increasing its interest in the US Distribution Joint Venture to 45%

Retrieved on: 
Tuesday, September 13, 2022

The Joint Venture and its resulting formation agreements are part of the previously announced Private Placement with Green Acre.

Key Points: 
  • The Joint Venture and its resulting formation agreements are part of the previously announced Private Placement with Green Acre.
  • Green Acre's investment has been funded by an option agreement with Johnson Brothers, a leading wine, spirits, and beer distributor.
  • Green Acre has funded its investment through an option agreement with Johnson Brothers, a leading wine, spirits, and beer distributor in the United States.
  • In addition, in that circumstance, Green Acre would also tender back to Humble all shares of Humble owned by Green Acre.

Macerich Welcomes Leading Retailer to Danbury Fair in Upscale Connecticut Suburb Outside NYC

Retrieved on: 
Tuesday, June 21, 2022

SANTA MONICA, Calif., June 21, 2022 /PRNewswire/ -- Macerich (NYSE: MAC), one of the nation's leading owners, operators and developers of one-of-a-kind retail and mixed-use properties in top markets, has announced it will welcome a new Target store to Danbury Fair, just 55 miles from New York City in upscale suburban Connecticut.

Key Points: 
  • The 126,000 square-foot2-level Target store will openin the former Sears site and will be the first in the City of Danbury.
  • Target recently opened a new, three-level store in the former JCPenney location at Macerich's high-performing Kings Plaza in Brooklyn.
  • Regarding the latest news about Danbury Fair, Macerich President Ed Coppola said, "Target coming to Danbury Fair is the latest anchor-replacement success for Macerich's A-quality portfolio of regional town centers.
  • The terrific merchandise mix and attractive demographics surrounding Danbury Fair make this property a great match for all that Target has to offer."

Macerich To Welcome Target As A New Tenant To Kings Plaza In Brooklyn

Retrieved on: 
Tuesday, November 2, 2021

The three-level, 90,000square-footTarget will openin the former JCPenney location at Kings Plaza, the largest enclosed retail shopping center in Brooklyn.

Key Points: 
  • The three-level, 90,000square-footTarget will openin the former JCPenney location at Kings Plaza, the largest enclosed retail shopping center in Brooklyn.
  • "We are exceptionally pleased to welcome a new Target to KingsPlaza, which is a dominant retail destination in this dynamic part of New York City," saidEd Coppola, President, Macerich.
  • We believe the attractive demographics surrounding Kings Plaza make this property amatchfor all that Target has to offer."
  • Thenew Target at Kings Plaza adds to the slate of anchor replacements announced recently for Macerich's major East Coast properties.

Macerich To Add Primark Stores To Retail Lineups At Tysons Corner Center And Green Acres Mall

Retrieved on: 
Monday, May 10, 2021

Primark currently has 12 stores in the U.S.\nTom Meager, Group Property Director for Primark, said, "We are delighted to confirm our Tysons Corner Center and Green Acres Mall lease signings as part of our ambitious growth strategy in the United States.

Key Points: 
  • Primark currently has 12 stores in the U.S.\nTom Meager, Group Property Director for Primark, said, "We are delighted to confirm our Tysons Corner Center and Green Acres Mall lease signings as part of our ambitious growth strategy in the United States.
  • Primark is a terrific retailer and Macerich appreciates our close and expanding relationship with this growing brand.
  • And always saving on the small stuff like simple hangers and price tags to keep costs low.
  • Additional information aboutMacerichcan be obtained from the Company\'s website at www.Macerich.com .\nView original content to download multimedia: http://www.prnewswire.com/news-releases/macerich-to-add-primark-stores-t...\n'