Town East Mall - Big Box Opportunity

Description:

• Super regional retail node in a densely populated area that pulls from a large trade area that super-regional shopping center east of Dallas draws shoppers from as from many surrounding cities
• Anchors include Dillard’s, JCPenney, Dick's Sporting Goods, Aeropostale, Foot Locker, Forever 21, H&M, James Avery, and more
• The former Sear’s is under redevelopment with an entertainment concept, multiple restaurants, service retailers and a proposed hotel
• The mall has an 850-seat food court which hosts 25 eateries, as well as BJ’s, located in the mall
• Mall sales are reported at $552 PSF (April 2022) and 15M annual shoppers
• Aeropostale #1 out of 79 locations in BPR portfolio; G by Guess #1 out of 14 locations in BPR portfolio; Bath & Body Works #1 out of 114 locations in BPR portfolio; Finish Line #2 out of 55 locations in BPR portfolio; Jimmy Jazz #2 out of 20 locations in BPR portfolio; Journeys Kids #3 out of 53 locations in BPR portfolio; Children's Place #5 out of 74 locations in BPR portfolio
Source: Brookfield Properties *Based on R12 sales through April 2022